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Plot of 580 m2 for housing construction with 265 m2 of gross area located in the village of São Bartolomeu de Messines
Silves, Faro, Portugal, 8375-013
REF: 510369
€70,000
Description
Plot of land for construction of single-family townhouse up to 265 m2, located in a well-known urbanization in the village of São Bartolomeu de Messines. Quiet residential area, with panoramic views, very close to the Municipal Fire Department, Intermarché Supermarket, Health Center, Parish Council and Nurseries. Solar Orientation - East / West LAND FEATURES: - Land area - 580 m2 - Building area - 265 m2 - Deployment area - 150 m2 Information At Keller Williams we share business with all real estate consultants or agencies with an AMI license because together we can do more for our clients. For more information or to schedule a visit, please contact us.
Plot of land for construction of single-family townhouse up to 265 m2, located in a well-known urbanization in the village of São Bartolomeu de Messines. Quiet residential area, with panoramic views, very close to the Municipal Fire Department, Intermarché Supermarket, Health Center, Parish Council and Nurseries. Solar Orientation - East / West LAND FEATURES: - Land area - 580 m2 - Building area - 265 m2 - Deployment area - 150 m2 Information At Keller Williams we share business with all real estate consultants or agencies with an AMI license because together we can do more for our clients. For more information or to schedule a visit, please contact us.
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Currency Exchange
Silves, Faro, Portugal, 8375-013
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 €70,000 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 |
|---|---|---|---|
| €70,000 | £59,548 | £61,358 | £1,810 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £59,548 |
| Maximum cost in the last six months | £61,358 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,810 |
Silves, Faro, Portugal, 8375-013
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 €70,000 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 |
|---|---|---|---|
| €70,000 | £59,548 | £61,358 | £1,810 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £59,548 |
| Maximum cost in the last six months | £61,358 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,810 |
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 £1,810 more.
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