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Land for sale in S
Castro Marim, Faro, Portugal
REF: 720885
€300,000
Description
Land for sale in S. Bartolomeu do Sul, Castro Marim, Algarve The plot is located in a quiet urban area, only 2 km from Altura and the wide sandy beach of Praia Verde. It is also only 15 km from Spain and has supermarkets, cafes, a local market, schools and a train station nearby. Just 10 minutes away is the tourist village of Castro Marim, famous for its medieval fair at the end of August, where people from all over the world come to perform medieval mystics, archers, swordsmen and dancers. The plot has a total area of 1271 m2. Part of it can be used to build two spacious semi-detached houses. Another tourist town nearby is Monte Gorde, which offers the warmest beaches in Portugal, international cuisine options, casino, high end hotels and more. It is an excellent opportunity for investors or those who want to build their dream home close to the beach. IAD is a real estate company that does not have a physical office, which allows me to come to you and offer you the best service, wherever you are, based on professionalism and transparency. As an independent real estate agent, I have the autonomy to manage my schedule and negotiate my commission with you, ensuring that you receive personal attention at every stage of the process and a quality service at the best price. At IAD we provide our clients with personalised support throughout the process of buying or selling a property. If you need financing, we have protocols with financial institutions that can find the most economical solution for you. #ref: 101624
Land for sale in S. Bartolomeu do Sul, Castro Marim, Algarve The plot is located in a quiet urban area, only 2 km from Altura and the wide sandy beach of Praia Verde. It is also only 15 km from Spain and has supermarkets, cafes, a local market, schools and a train station nearby. Just 10 minutes away is the tourist village of Castro Marim, famous for its medieval fair at the end of August, where people from all over the world come to perform medieval mystics, archers, swordsmen and dancers. The plot has a total area of 1271 m2. Part of it can be used to build two spacious semi-detached houses. Another tourist town nearby is Monte Gorde, which offers the warmest beaches in Portugal, international cuisine options, casino, high end hotels and more. It is an excellent opportunity for investors or those who want to build their dream home close to the beach. IAD is a real estate company that does not have a physical office, which allows me to come to you and offer you the best service, wherever you are, based on professionalism and transparency. As an independent real estate agent, I have the autonomy to manage my schedule and negotiate my commission with you, ensuring that you receive personal attention at every stage of the process and a quality service at the best price. At IAD we provide our clients with personalised support throughout the process of buying or selling a property. If you need financing, we have protocols with financial institutions that can find the most economical solution for you. #ref: 101624
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Currency Exchange
Castro Marim, 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 €300,000 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 |
|---|---|---|---|
| €300,000 | £255,207 | £262,962 | £7,755 |
| Property Price € | €300,000 |
| Minimum cost in the last six months | £255,207 |
| Maximum cost in the last six months | £262,962 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,755 |
Castro Marim, 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 €300,000 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 |
|---|---|---|---|
| €300,000 | £255,207 | £262,962 | £7,755 |
| Property Price € | €300,000 |
| Minimum cost in the last six months | £255,207 |
| Maximum cost in the last six months | £262,962 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,755 |
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 £7,755 more.
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