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Ruin for construction or remodeling in Monchique with 75 sqm
Monchique, Faro, Portugal, 8550-426
REF: 517538
€99,000
Description
Mixed Land in Eira do Montinho with 61.600 sqm and Ruin with 75 sqm Land with 61,600 sqm and Ruin with 75 sqm Isolated location ideal for Nature Lovers Ideal for: ecotourism Rural tourism With an area of 61,600 m2, this land has a 75 m ruin and offers several options for construction and expansion of the housing area: Up to 300m for residence. Up to 500m for other uses. Up to 2000m for Rural Tourism. Furthermore, the land has 3 wells and Mata de Medronheiros, The excellent sun exposure makes this an ideal place to build your home or invest in a unique location, Off the Grid. Access by dirt road and tarred road accessible to any vehicle. Do not miss this opportunity! Mark your visit! (* ) At KW we share 50% business with all real estate consultants or agencies with AMI license.
Mixed Land in Eira do Montinho with 61.600 sqm and Ruin with 75 sqm Land with 61,600 sqm and Ruin with 75 sqm Isolated location ideal for Nature Lovers Ideal for: ecotourism Rural tourism With an area of 61,600 m2, this land has a 75 m ruin and offers several options for construction and expansion of the housing area: Up to 300m for residence. Up to 500m for other uses. Up to 2000m for Rural Tourism. Furthermore, the land has 3 wells and Mata de Medronheiros, The excellent sun exposure makes this an ideal place to build your home or invest in a unique location, Off the Grid. Access by dirt road and tarred road accessible to any vehicle. Do not miss this opportunity! Mark your visit! (* ) At KW we share 50% business with all real estate consultants or agencies with AMI license.
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Currency Exchange
Monchique, Faro, Portugal, 8550-426
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 €99,000 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 |
|---|---|---|---|
| €99,000 | £84,218 | £86,777 | £2,559 |
| Property Price € | €99,000 |
| Minimum cost in the last six months | £84,218 |
| Maximum cost in the last six months | £86,777 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,559 |
Monchique, Faro, Portugal, 8550-426
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 €99,000 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 |
|---|---|---|---|
| €99,000 | £84,218 | £86,777 | £2,559 |
| Property Price € | €99,000 |
| Minimum cost in the last six months | £84,218 |
| Maximum cost in the last six months | £86,777 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,559 |
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 £2,559 more.
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