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Pearl Village Project in Burgau - Amazing Opportunity!
Vila do Bispo, Faro, Portugal, 8600-120
REF: 738831
€8,500,000
Description
Pearl Village Project in Burgau is a prestigious development and amazing opportunity. Apartments and Villas at the highest specifications. Property Ref: 250BUR
Pearl Village Burgau - Land + Approved Project
Pearl Village Burgau is a prestigious development that will help Burgau evolve. The development will consist of 44 apartments and 39 villas. All of these will be built to the highest specification.
Building license is about to be approved with plans for all the infrastructure as well as every property. 3D illustrations have been done.
The development can be purchased as a whole for: 8,500,000
The Pearl Village Project in Burgau is a prestigious development aimed to further the development of the picturesque fishing village. The development will consist of:
1 Block of 6 Apartments
2 Blocks of Apart-hotels with 19 apartments each
19 Linked 3 Bedroom Villas
10 Detached 4 Bedroom Villas
5 Premium Detached 4 Bedroom Villas
Leisure Facilities for the whole resort
Pearl Village Project in Burgau is a prestigious development and amazing opportunity. Apartments and Villas at the highest specifications. Property Ref: 250BUR
Pearl Village Burgau - Land + Approved Project
Pearl Village Burgau is a prestigious development that will help Burgau evolve. The development will consist of 44 apartments and 39 villas. All of these will be built to the highest specification.
Building license is about to be approved with plans for all the infrastructure as well as every property. 3D illustrations have been done.
The development can be purchased as a whole for: 8,500,000
The Pearl Village Project in Burgau is a prestigious development aimed to further the development of the picturesque fishing village. The development will consist of:
1 Block of 6 Apartments
2 Blocks of Apart-hotels with 19 apartments each
19 Linked 3 Bedroom Villas
10 Detached 4 Bedroom Villas
5 Premium Detached 4 Bedroom Villas
Leisure Facilities for the whole resort
Read More
Property on Map
Currency Exchange
Vila do Bispo, Faro, Portugal, 8600-120
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 €8,500,000 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 |
|---|---|---|---|
| €8,500,000 | £7,230,865 | £7,450,165 | £219,300 |
| Property Price € | €8,500,000 |
| Minimum cost in the last six months | £7,230,865 |
| Maximum cost in the last six months | £7,450,165 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £219,300 |
Vila do Bispo, Faro, Portugal, 8600-120
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 €8,500,000 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 |
|---|---|---|---|
| €8,500,000 | £7,230,865 | £7,450,165 | £219,300 |
| Property Price € | €8,500,000 |
| Minimum cost in the last six months | £7,230,865 |
| Maximum cost in the last six months | £7,450,165 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £219,300 |
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 £219,300 more.
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