Land with 10,792 sqm, with a 3-bedroom villa, 244 sqm (gross construction area) and swimming pool to rehabilitate, in Campinas, Faro, Algarve

Faro, Faro, Portugal

For Sale

€1,100,000

REF: 585271 €1,100,000


207 m2

Description

Land with 10,792 sqm, with a 3-bedroom villa, 244 sqm (gross construction area) and swimming pool to rehabilitate, in Campinas, Faro, Algarve. Flat land with a hole, fertile and ideal for agriculture. Faro is the capital of the Algarve region in southern Portugal. The town's neoclassical Arco da Vila stands on the site of a gate that was part of the original Moorish walls.

The beaches and the Ria Formosa border the sea. The city has an attractive marina, parks and squares and the old town with outdoor cafés and pedestrian zones. In addition to its museums and beautiful churches and chapels, Faro also has a vibrant nightlife. Located in a quiet area, it is 10-minutes driving distance from Faro, where there are all sorts of shops, services, restaurants, bars, hotels, the marina, and the historic centre.

Located 10-minute driving distance from Colégio Nossa Senhora do Alto and Colégio João de Deus, 15-minute from the International School in Almancil, 5-minute from the District Hospital, 10-minute from Faro airport and two and a half hours from Lisbon.
Land with 10,792 sqm, with a 3-bedroom villa, 244 sqm (gross construction area) and swimming pool to rehabilitate, in Campinas, Faro, Algarve. Flat land with a hole, fertile and ideal for agriculture. Faro is the capital of the Algarve region in southern Portugal. The town's neoclassical Arco da Vila stands on the site of a gate that was part of the original Moorish walls.

The beaches and the Ria Formosa border the sea. The city has an attractive marina, parks and squares and the old town with outdoor cafés and pedestrian zones. In addition to its museums and beautiful churches and chapels, Faro also has a vibrant nightlife. Located in a quiet area, it is 10-minutes driving distance from Faro, where there are all sorts of shops, services, restaurants, bars, hotels, the marina, and the historic centre.

Located 10-minute driving distance from Colégio Nossa Senhora do Alto and Colégio João de Deus, 15-minute from the International School in Almancil, 5-minute from the District Hospital, 10-minute from Faro airport and two and a half hours from Lisbon.
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Property on Map

#65765

Currency Exchange

Faro, 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 €1,100,000 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
€1,100,000 £919,776 £992,299 £72,523
Property Price € €1,100,000
Minimum cost in the last six months £919,776
Maximum cost in the last six months £992,299
Fluctuating exchange rates over the last six months could have increased the cost of this property by £72,523

Faro, 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 €1,100,000 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
€1,100,000 £919,776 £992,299 £72,523
Property Price € €1,100,000
Minimum cost in the last six months £919,776
Maximum cost in the last six months £992,299
Fluctuating exchange rates over the last six months could have increased the cost of this property by £72,523

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 £72,523 more.

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