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Urban plot with APPROVED PROJECT for 3 bedroom house with garage in Monchique
Monchique, Faro, Portugal, 8550-206
REF: 721134
€125,000
Description
Do you know that it takes months to develop an architectural project and get it approved? And that, after the architectural project is approved, you have a few more months to go before you develop all the other projects and approve them too? Now imagine that there is an urban plot in Monchique, in a quiet area of houses, where the projects are already FULLY APPROVED! Yes, you read that right! You can start building your house right after you buy the land! It is a plot of 335 square meters, for which a project for a 3 bedroom house has been FULLY APPROVED, with the following distribution: - Floor 0: Living room + dining room + kitchen in Open Space3 bedrooms2 bathroomsLaundry roomTerrace - Floor -1: Garage for 2 carsStorage space (or similar) If you are looking for land to build your house in Monchique, without going through the anguish of months and months of project development and approval, this is the solution you are looking for! Contact me for more information and to schedule a visit!
Do you know that it takes months to develop an architectural project and get it approved? And that, after the architectural project is approved, you have a few more months to go before you develop all the other projects and approve them too? Now imagine that there is an urban plot in Monchique, in a quiet area of houses, where the projects are already FULLY APPROVED! Yes, you read that right! You can start building your house right after you buy the land! It is a plot of 335 square meters, for which a project for a 3 bedroom house has been FULLY APPROVED, with the following distribution: - Floor 0: Living room + dining room + kitchen in Open Space3 bedrooms2 bathroomsLaundry roomTerrace - Floor -1: Garage for 2 carsStorage space (or similar) If you are looking for land to build your house in Monchique, without going through the anguish of months and months of project development and approval, this is the solution you are looking for! Contact me for more information and to schedule a visit!
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Currency Exchange
Monchique, Faro, Portugal, 8550-206
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 €125,000 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 |
|---|---|---|---|
| €125,000 | £106,336 | £109,568 | £3,231 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £106,336 |
| Maximum cost in the last six months | £109,568 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,231 |
Monchique, Faro, Portugal, 8550-206
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 €125,000 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 |
|---|---|---|---|
| €125,000 | £106,336 | £109,568 | £3,231 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £106,336 |
| Maximum cost in the last six months | £109,568 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,231 |
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 £3,231 more.
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