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Warehouse for construction of a house with 623m2 and rustic land
Alcoutim, Faro, Portugal, 8970-011
REF: 635883
€100,000
Description
Located in the parish of Alcoutim and Pereiro, specifically in the village of Santa Marta, you will find this property with the possibility of building a two-storey house with a gross area of 623m2 and the implantation area of 312m2. The total area of the mixed land is 6560m2 and the urban implantation area of 312m2. Currently, the warehouse is a rustic building, built in stone with several compartments, an opening, several stables and a corral. The rustic land with 6560m2 is flat and has arable crops and olive trees. The land is served by water and electricity. The village of Santa Marta is very quiet and ideal for nature lovers and has a Cultural, Recreational and Sports Center and housing with Local Accommodation. It is 16 min. from Alcoutim, 24 min. from Martilongo and 25 min. from Mértola. As points of interest and suggestions in the region, there is a river beach, Castle, Boat trips on the Guadiana river, several pedestrian routes and you can enjoy the local Algarve and Alentejo cuisine. Information At KW Flash we have support in the financing process. Our agency has a Credit Intermediary Authorized by the Bank of Portugal. If you need financing, we can help. At KW Flash we share 50% of business with all real estate consultants or agencies with an AMI license because together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me and schedule a visit, as this property is exclusively available to provide you with an excellent service. Did you like the presentation we make of this property? We can do the same for yours! For more information contact me 937 918 829
Located in the parish of Alcoutim and Pereiro, specifically in the village of Santa Marta, you will find this property with the possibility of building a two-storey house with a gross area of 623m2 and the implantation area of 312m2. The total area of the mixed land is 6560m2 and the urban implantation area of 312m2. Currently, the warehouse is a rustic building, built in stone with several compartments, an opening, several stables and a corral. The rustic land with 6560m2 is flat and has arable crops and olive trees. The land is served by water and electricity. The village of Santa Marta is very quiet and ideal for nature lovers and has a Cultural, Recreational and Sports Center and housing with Local Accommodation. It is 16 min. from Alcoutim, 24 min. from Martilongo and 25 min. from Mértola. As points of interest and suggestions in the region, there is a river beach, Castle, Boat trips on the Guadiana river, several pedestrian routes and you can enjoy the local Algarve and Alentejo cuisine. Information At KW Flash we have support in the financing process. Our agency has a Credit Intermediary Authorized by the Bank of Portugal. If you need financing, we can help. At KW Flash we share 50% of business with all real estate consultants or agencies with an AMI license because together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me and schedule a visit, as this property is exclusively available to provide you with an excellent service. Did you like the presentation we make of this property? We can do the same for yours! For more information contact me 937 918 829
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Currency Exchange
Alcoutim, Faro, Portugal, 8970-011
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 €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 |
|---|---|---|---|
| €100,000 | £85,069 | £87,654 | £2,585 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £85,069 |
| Maximum cost in the last six months | £87,654 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,585 |
Alcoutim, Faro, Portugal, 8970-011
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 €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 |
|---|---|---|---|
| €100,000 | £85,069 | £87,654 | £2,585 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £85,069 |
| Maximum cost in the last six months | £87,654 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,585 |
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 £2,585 more.
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