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Extraordinary Mixed Land located in Estômbar
Lagoa, Faro, Portugal, 8400-066
REF: 653313
€550,000
Description
Extraordinary Mixed Land located in Estômbar. Exceptional, Unique and Rare Location - Fontes de Estômbar With a ruin of 190 m2 and a total area of 40,900 m2. It consists of a ruin with 190 m2, with the option of building/expanding the housing area up to 300 m2, 500 m2 for other uses and up to 2000 m2 for Rural Tourism. Short description: Carob trees, fig trees, olive groves, almond orchards, arable crops, citrus fruits, where a house with 1 floor is implanted, intended for housing, with 3 divisions With legal hole and electricity. olive trees almond trees fig trees Quiet place with a magnificent view of the Arade River and the Fountains of Estômbar and excellent sun exposure. Ideal to build your dream home or to invest in one of the most beautiful natural places in Lagoa and the Algarve. "Sítio das Fontes de Estômbar is one of the most popular leisure spaces in the municipality of Lagoa for those who enjoy contact with nature. Located on the left bank of the Arade River, it has always functioned as a kind of river beach where the people of Estômbar often go for a swim, have picnics and spend some time relaxing and socializing." MR. INVESTOR HERE IS A PROPERTY FOR INVESTMENT! GET TO KNOW THE CONDITIONS! MARK YOUR VISIT!
Extraordinary Mixed Land located in Estômbar. Exceptional, Unique and Rare Location - Fontes de Estômbar With a ruin of 190 m2 and a total area of 40,900 m2. It consists of a ruin with 190 m2, with the option of building/expanding the housing area up to 300 m2, 500 m2 for other uses and up to 2000 m2 for Rural Tourism. Short description: Carob trees, fig trees, olive groves, almond orchards, arable crops, citrus fruits, where a house with 1 floor is implanted, intended for housing, with 3 divisions With legal hole and electricity. olive trees almond trees fig trees Quiet place with a magnificent view of the Arade River and the Fountains of Estômbar and excellent sun exposure. Ideal to build your dream home or to invest in one of the most beautiful natural places in Lagoa and the Algarve. "Sítio das Fontes de Estômbar is one of the most popular leisure spaces in the municipality of Lagoa for those who enjoy contact with nature. Located on the left bank of the Arade River, it has always functioned as a kind of river beach where the people of Estômbar often go for a swim, have picnics and spend some time relaxing and socializing." MR. INVESTOR HERE IS A PROPERTY FOR INVESTMENT! GET TO KNOW THE CONDITIONS! MARK YOUR VISIT!
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Currency Exchange
Lagoa, Faro, Portugal, 8400-066
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 €550,000 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 |
|---|---|---|---|
| €550,000 | £467,880 | £481,487 | £13,607 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £467,880 |
| Maximum cost in the last six months | £481,487 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,607 |
Lagoa, Faro, Portugal, 8400-066
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 €550,000 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 |
|---|---|---|---|
| €550,000 | £467,880 | £481,487 | £13,607 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £467,880 |
| Maximum cost in the last six months | £481,487 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,607 |
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 £13,607 more.
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