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Land with well in Vila do Bispo
Vila do Bispo, Faro, Portugal, 8650-000
REF: 366197
€65,000
Description
Land in Vila do Bispo with a total area of 5.200 sqm, ideal for cultivation. The land is sown, has a stream and a sugarcane plantation that part two parts of vegetable garden. There's a big well and electricity on site. With good access by tar, this land has access by two sides.
Inserted in Vila do Bispo, is close to several services, where you can find supermarket, cafes, restaurants, pharmacy, City Hall, Finance and others, all for your convenience.
Only 5 minutes by car from the beaches of Cordoama and Castelejo, less than 10 minutes from Sagres or 20 minutes from Lagos.
NO BUILDING PERMIT. There is the possibility of temporarily parking a caravan or ordering to license an agricultural support warehouse.
The municipality of Vila do Bispo is one of the few places in the Algarve region where wild nature, combined with a rich cultural historical heritage, remains intact. Sun, sea and a vast cultural heritage thus make up the perfect combination for those who want to feel the mysticism of the past and the dynamics of the present.
Located at the westernmost end of the region, and with unique conditions and rare beauties that invite a prolonged visit, it presents two distinct realities: the western coast - little cut out, and where small freshwater courses flow - and the southern coast, more cut as a result of erosion, offering a magnificent view of coves and bays.
For the purposes of Energy Certification:
Excluded from the SCE, under article 4(a) of Decree-Law No. 118/2013 of 20 August in its current wording.
Land in Vila do Bispo with a total area of 5.200 sqm, ideal for cultivation. The land is sown, has a stream and a sugarcane plantation that part two parts of vegetable garden. There's a big well and electricity on site. With good access by tar, this land has access by two sides.
Inserted in Vila do Bispo, is close to several services, where you can find supermarket, cafes, restaurants, pharmacy, City Hall, Finance and others, all for your convenience.
Only 5 minutes by car from the beaches of Cordoama and Castelejo, less than 10 minutes from Sagres or 20 minutes from Lagos.
NO BUILDING PERMIT. There is the possibility of temporarily parking a caravan or ordering to license an agricultural support warehouse.
The municipality of Vila do Bispo is one of the few places in the Algarve region where wild nature, combined with a rich cultural historical heritage, remains intact. Sun, sea and a vast cultural heritage thus make up the perfect combination for those who want to feel the mysticism of the past and the dynamics of the present.
Located at the westernmost end of the region, and with unique conditions and rare beauties that invite a prolonged visit, it presents two distinct realities: the western coast - little cut out, and where small freshwater courses flow - and the southern coast, more cut as a result of erosion, offering a magnificent view of coves and bays.
For the purposes of Energy Certification:
Excluded from the SCE, under article 4(a) of Decree-Law No. 118/2013 of 20 August in its current wording.
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Property on Map
Currency Exchange
Vila do Bispo, Faro, Portugal, 8650-000
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €65,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €65,000 | £55,295 | £56,903 | £1,608 |
| Property Price € | €65,000 |
| Minimum cost in the last six months | £55,295 |
| Maximum cost in the last six months | £56,903 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,608 |
Vila do Bispo, Faro, Portugal, 8650-000
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €65,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €65,000 | £55,295 | £56,903 | £1,608 |
| Property Price € | €65,000 |
| Minimum cost in the last six months | £55,295 |
| Maximum cost in the last six months | £56,903 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,608 |
The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £1,608 more.
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