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Plot of Land For Sale in Monte Canelas
Portimão, Faro, Portugal, 8500-120
REF: 752034
€100,000
Description
A plot of land for sale in Portimão, situated within the region known as Monte Canelas it is close enough to the city centre that you do not have far to go for local amenities but it is situated just far enough away if you are not wanting to be in the hustle of bustle of city life. There is an endless amount of opportunity to build your dream home if you are wanting to relocate to the Algarve, or you could build something to then sell and make a profit. Another option would to build a property.. A plot of land for sale in Portimão, specifically within a tranquil, green and peaceful residential area of Monte Canelas. Offering a total of 572 sqm it is located within easy access from the both the A22 and national N125 roads making it an ideal spot if you are wanting to be away from the hustle and bustle of city life whilst still being close enough to local amenities.
Benefiting from lovely country views and being situated close to the Penina Golf Course, this plot of land is really suitable for a variety of purchases such as relocating to the Algarve, using it as a holiday home while generating rental income or even a way to expand your property portfolio by building a home and then selling it on.
Portimão and Alvor is located in Western Algarve, Alvor is a seaside resort and fishing village which is lined with bars and seafood restaurants. It offers the most idyllic view as you can sit and watch the fishing boats come and go. Portimão it s known for its old quarter, busy marina and proximity to many beaches. Museum de Portimão is housed in a restored 19th-century cannery, with displays on local history. The Gothic-style Nossa Senhora da Conceição church has the traditional azulejo tiles.
A plot of land for sale in Portimão, situated within the region known as Monte Canelas it is close enough to the city centre that you do not have far to go for local amenities but it is situated just far enough away if you are not wanting to be in the hustle of bustle of city life. There is an endless amount of opportunity to build your dream home if you are wanting to relocate to the Algarve, or you could build something to then sell and make a profit. Another option would to build a property.. A plot of land for sale in Portimão, specifically within a tranquil, green and peaceful residential area of Monte Canelas. Offering a total of 572 sqm it is located within easy access from the both the A22 and national N125 roads making it an ideal spot if you are wanting to be away from the hustle and bustle of city life whilst still being close enough to local amenities.
Benefiting from lovely country views and being situated close to the Penina Golf Course, this plot of land is really suitable for a variety of purchases such as relocating to the Algarve, using it as a holiday home while generating rental income or even a way to expand your property portfolio by building a home and then selling it on.
Portimão and Alvor is located in Western Algarve, Alvor is a seaside resort and fishing village which is lined with bars and seafood restaurants. It offers the most idyllic view as you can sit and watch the fishing boats come and go. Portimão it s known for its old quarter, busy marina and proximity to many beaches. Museum de Portimão is housed in a restored 19th-century cannery, with displays on local history. The Gothic-style Nossa Senhora da Conceição church has the traditional azulejo tiles.
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Currency Exchange
Portimão, Faro, Portugal, 8500-120
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 €100,000 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 |
|---|---|---|---|
| €100,000 | £85,069 | £87,543 | £2,474 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £85,069 |
| Maximum cost in the last six months | £87,543 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,474 |
Portimão, Faro, Portugal, 8500-120
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 €100,000 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 |
|---|---|---|---|
| €100,000 | £85,069 | £87,543 | £2,474 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £85,069 |
| Maximum cost in the last six months | £87,543 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,474 |
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 £2,474 more.
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