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Nestled within the Southwest Alentejo and Vicentine Coast Natural Park, this land offers more than just a place to build: it's an invitation to live in harmony with nature
Raposeira, Faro, Portugal
REF: 736032
€110,000
Description
Nestled within the Southwest Alentejo and Vicentine Coast Natural Park, this land offers more than just a place to build: it's an invitation to live in harmony with nature. Enjoy peaceful walks, thrilling mountain biking, or surfing, adventures - all just minutes away from home. Urban plot for construction located in Altos da Raposeira, in a peaceful area just a 5-minute drive from Ingrina and Zavial beaches, in the municipality of Vila do Bispo. The land has a total area of 154sqm, faces South, and is in an elevated position, providing a view of the countryside and the sea (in the distance). Due to its elevation, you can build a terrace on the top and enjoy a fantastic 360-degree panoramic view with the green of Nature and the blue of the sea. With a gross construction area of 118sqm on two floors, awaken your creativity and design a home that is truly yours, where every stroke represents your essence and lifestyle. Located in a developing urbanization, it is an area in high demand with a great potential for the appreciation of your investment. Vila do Bispo, the county city, is just a 5-minute drive away. In the town, you have supermarkets, restaurants, a municipal market, as well as historical and cultural heritage at your disposal.
Nestled within the Southwest Alentejo and Vicentine Coast Natural Park, this land offers more than just a place to build: it's an invitation to live in harmony with nature. Enjoy peaceful walks, thrilling mountain biking, or surfing, adventures - all just minutes away from home. Urban plot for construction located in Altos da Raposeira, in a peaceful area just a 5-minute drive from Ingrina and Zavial beaches, in the municipality of Vila do Bispo. The land has a total area of 154sqm, faces South, and is in an elevated position, providing a view of the countryside and the sea (in the distance). Due to its elevation, you can build a terrace on the top and enjoy a fantastic 360-degree panoramic view with the green of Nature and the blue of the sea. With a gross construction area of 118sqm on two floors, awaken your creativity and design a home that is truly yours, where every stroke represents your essence and lifestyle. Located in a developing urbanization, it is an area in high demand with a great potential for the appreciation of your investment. Vila do Bispo, the county city, is just a 5-minute drive away. In the town, you have supermarkets, restaurants, a municipal market, as well as historical and cultural heritage at your disposal.
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Currency Exchange
Raposeira, 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 €110,000 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 |
|---|---|---|---|
| €110,000 | £93,576 | £96,419 | £2,844 |
| Property Price € | €110,000 |
| Minimum cost in the last six months | £93,576 |
| Maximum cost in the last six months | £96,419 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,844 |
Raposeira, 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 €110,000 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 |
|---|---|---|---|
| €110,000 | £93,576 | £96,419 | £2,844 |
| Property Price € | €110,000 |
| Minimum cost in the last six months | £93,576 |
| Maximum cost in the last six months | £96,419 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,844 |
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 £2,844 more.
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