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Plot of land with a ruin in Bensafrim
Lagos, Faro, Portugal, 8600
REF: 541050
€150,000
Description
Plot located in the centre of Bensafrim Village with 217m , total, and has a ruin with 158m of ruins. It is very close to all the services, pharmacy, market and buses. (There is the possibility of including the architectural project with the purchase of the plot). Plot located in the centre of Bensafrim Village with 217m , total, and has a ruin with 158m of ruins. It is very close to all the services, pharmacy, market and buses.
In the plot it can be built a 1 floor house with a swimming pool or two semi-detached houses. (There is the possibility of including the architectural project with the purchase of the plot).
The land/plot is fenced and very close to the water network access, sewage and electricity. It is the perfect place to live in or earn income.
The construction dates back to 1951, therefore the habitation license is not needed.
Plot located in the centre of Bensafrim Village with 217m , total, and has a ruin with 158m of ruins. It is very close to all the services, pharmacy, market and buses. (There is the possibility of including the architectural project with the purchase of the plot). Plot located in the centre of Bensafrim Village with 217m , total, and has a ruin with 158m of ruins. It is very close to all the services, pharmacy, market and buses.
In the plot it can be built a 1 floor house with a swimming pool or two semi-detached houses. (There is the possibility of including the architectural project with the purchase of the plot).
The land/plot is fenced and very close to the water network access, sewage and electricity. It is the perfect place to live in or earn income.
The construction dates back to 1951, therefore the habitation license is not needed.
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Currency Exchange
Lagos, Faro, Portugal, 8600
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 €150,000 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 |
|---|---|---|---|
| €150,000 | £127,604 | £131,481 | £3,878 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £127,604 |
| Maximum cost in the last six months | £131,481 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,878 |
Lagos, Faro, Portugal, 8600
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 €150,000 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 |
|---|---|---|---|
| €150,000 | £127,604 | £131,481 | £3,878 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £127,604 |
| Maximum cost in the last six months | £131,481 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,878 |
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 £3,878 more.
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