Plot of urban land with 820 m2 located in Algoz

Silves, Faro, Portugal, 8265-087

For Sale

€165,000

REF: 743162 €165,000


Description

Plot of land with 820 m , located in Algoz (Silves), intended for the construction of single-family housing buildings with 2 floors above the threshold level, totaling an area of 205 m2 of land occupation and 410 m2 of construction. Property located in the urban fabric of Algoz, close to the railway level crossing, the parish council, with a front to the EN264, which connects Algoz to São Bartolomeu de Messines, in an essentially residential area. This plot will be ideal for building a set ..

Plot of land with 820 m , located in Algoz (Silves), intended for the construction of single-family housing buildings with 2 floors above the threshold level, totaling an area of 205 m2 of land occupation and 410 m2 of construction. Property located in the urban fabric of Algoz, close to the railway level crossing, the parish council, with a front to the EN264, which connects Algoz to São Bartolomeu de Messines, in an essentially residential area. This plot will be ideal for building a set of 3 or 4 2-storey townhouses. We have available for sale for 56000 Euros the adjoining urban plot with 210 m2 of area for the development of a joint project.
Plot of land with 820 m , located in Algoz (Silves), intended for the construction of single-family housing buildings with 2 floors above the threshold level, totaling an area of 205 m2 of land occupation and 410 m2 of construction. Property located in the urban fabric of Algoz, close to the railway level crossing, the parish council, with a front to the EN264, which connects Algoz to São Bartolomeu de Messines, in an essentially residential area. This plot will be ideal for building a set ..

Plot of land with 820 m , located in Algoz (Silves), intended for the construction of single-family housing buildings with 2 floors above the threshold level, totaling an area of 205 m2 of land occupation and 410 m2 of construction. Property located in the urban fabric of Algoz, close to the railway level crossing, the parish council, with a front to the EN264, which connects Algoz to São Bartolomeu de Messines, in an essentially residential area. This plot will be ideal for building a set of 3 or 4 2-storey townhouses. We have available for sale for 56000 Euros the adjoining urban plot with 210 m2 of area for the development of a joint project.
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Property on Map

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Currency Exchange

Silves, Faro, Portugal, 8265-087

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 €165,000 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
€165,000 £140,364 £143,375 £3,011
Property Price € €165,000
Minimum cost in the last six months £140,364
Maximum cost in the last six months £143,375
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,011

Silves, Faro, Portugal, 8265-087

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 €165,000 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
€165,000 £140,364 £143,375 £3,011
Property Price € €165,000
Minimum cost in the last six months £140,364
Maximum cost in the last six months £143,375
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,011

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 £3,011 more.

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