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Ruin located in the Algarve, with 3 divisions, inserted in a land with a total area of 15960m2
Silves, Faro, Portugal
REF: 502668
€78,000
Description
Ruin located in the Algarve, with 3 divisions, inserted in a land with a total area of 15960m2. The building, oriented to the Southeast, is located at the top of a hill with a 360º panoramic view of nature, enjoying all the calm, privacy and tranquility of the place. The land is contoured to the East by a temporary water line which gives it unique characteristics. 1 minute from the small town, where you will find a typical restaurant and small local shops. 15 minutes, towards the North, from São Bartolomeu de Messines and 40 min from the beaches of the municipality. At IAD we share business with any consultant or real estate agency. We promote real estate in more than 200 international real estate portals. If you are a professional in the sector and have a qualified buyer customer, contact me and schedule your visit. Despite the conditioning we are all subject to at the moment, digital channels allow me to continue to provide close monitoring to all my clients. I am still 100% available, by phone or e-mail, to provide you with any additional clarification on this property and to schedule a more detailed visit to it, even at a distance. #ref: 22140
Ruin located in the Algarve, with 3 divisions, inserted in a land with a total area of 15960m2. The building, oriented to the Southeast, is located at the top of a hill with a 360º panoramic view of nature, enjoying all the calm, privacy and tranquility of the place. The land is contoured to the East by a temporary water line which gives it unique characteristics. 1 minute from the small town, where you will find a typical restaurant and small local shops. 15 minutes, towards the North, from São Bartolomeu de Messines and 40 min from the beaches of the municipality. At IAD we share business with any consultant or real estate agency. We promote real estate in more than 200 international real estate portals. If you are a professional in the sector and have a qualified buyer customer, contact me and schedule your visit. Despite the conditioning we are all subject to at the moment, digital channels allow me to continue to provide close monitoring to all my clients. I am still 100% available, by phone or e-mail, to provide you with any additional clarification on this property and to schedule a more detailed visit to it, even at a distance. #ref: 22140
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Currency Exchange
Silves, Faro, Portugal
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 €78,000 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 |
|---|---|---|---|
| €78,000 | £66,354 | £68,284 | £1,930 |
| Property Price € | €78,000 |
| Minimum cost in the last six months | £66,354 |
| Maximum cost in the last six months | £68,284 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,930 |
Silves, Faro, Portugal
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 €78,000 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 |
|---|---|---|---|
| €78,000 | £66,354 | £68,284 | £1,930 |
| Property Price € | €78,000 |
| Minimum cost in the last six months | £66,354 |
| Maximum cost in the last six months | £68,284 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,930 |
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 £1,930 more.
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