Land for construction in the center of Ferreiras

Albufeira, Faro, Portugal, 8200-568

For Sale

€1,200,000

REF: 630463 €1,200,000


14

6

Description

Plot of land with 6020m2 being 1660m2 urbanizable. An appreciation was transmitted for the construction of 5 lots with 3 floors each and 30 fractions in the basement for garage. This property consists of a single storey villa and annexes with several divisions, located in the central area of ferreiras 2 minutes from all essential goods and services. Excellent business opportunity for building apartments, villas or Hostel.

Mark your visit now! Plot of land with 6020m2 being 1660m2 urbanizable. An appreciation was transmitted for the construction of 5 lots with 3 floors each and 30 fractions in the basement for garage. This property consists of a single storey villa and annexes with several divisions, located in the central area of ferreiras 2 minutes from all essential goods and services. Excellent business opportunity for building apartments, villas or Hostel. Mark your visit now!
Plot of land with 6020m2 being 1660m2 urbanizable. An appreciation was transmitted for the construction of 5 lots with 3 floors each and 30 fractions in the basement for garage. This property consists of a single storey villa and annexes with several divisions, located in the central area of ferreiras 2 minutes from all essential goods and services. Excellent business opportunity for building apartments, villas or Hostel.

Mark your visit now! Plot of land with 6020m2 being 1660m2 urbanizable. An appreciation was transmitted for the construction of 5 lots with 3 floors each and 30 fractions in the basement for garage. This property consists of a single storey villa and annexes with several divisions, located in the central area of ferreiras 2 minutes from all essential goods and services. Excellent business opportunity for building apartments, villas or Hostel. Mark your visit now!
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Property on Map

#AR37-106

Currency Exchange

Albufeira, Faro, Portugal, 8200-568

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 €1,200,000 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
€1,200,000 £1,020,828 £1,051,848 £31,020
Property Price € €1,200,000
Minimum cost in the last six months £1,020,828
Maximum cost in the last six months £1,051,848
Fluctuating exchange rates over the last six months could have increased the cost of this property by £31,020

Albufeira, Faro, Portugal, 8200-568

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 €1,200,000 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
€1,200,000 £1,020,828 £1,051,848 £31,020
Property Price € €1,200,000
Minimum cost in the last six months £1,020,828
Maximum cost in the last six months £1,051,848
Fluctuating exchange rates over the last six months could have increased the cost of this property by £31,020

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 £31,020 more.

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