House with 120 sqm for reconstruction and 900 sqm of surrounding flat land and outbuildings to renovate

Loulé, Faro, Portugal

For Sale

€85,000

REF: 780497 €85,000


3

2


120 m2

900 m2

Description

House with 120 sqm for reconstruction and 900 sqm of surrounding flat land and outbuildings to renovate. Located in a village in the parish of Salir, 5 minutes from the center of Salir, 20 minutes from Loulé and 30 minutes from Loulé Velho beach. The house is semi detached by the back wall, with great sun exposure and several olive and carobs trees in the flat garden, with good views to the surrounding hills to the North and South.

There is also a collection of outbuildings to renovate that could be transformated in pool house or outdoor kitchen. Very good potential to create a wonderful home in a beautiful location in the Algarve. Salir is a traditional village in the interior of the Algarve, which has the main services, restaurants, shops, health Center, municipal swimming pools and schools.

. Salir (5 minutes) . Quinta da Ombria Resort/Golfe (13 min) . Loulé (20 minutes) . Loulé Velho Beach (30 minutes) . Village part of Via Algarvian routes . House within Rocha da Peña Region (a natural heritage site) Contact to schedule your visit or obtain more information. #ref: 110276
House with 120 sqm for reconstruction and 900 sqm of surrounding flat land and outbuildings to renovate. Located in a village in the parish of Salir, 5 minutes from the center of Salir, 20 minutes from Loulé and 30 minutes from Loulé Velho beach. The house is semi detached by the back wall, with great sun exposure and several olive and carobs trees in the flat garden, with good views to the surrounding hills to the North and South.

There is also a collection of outbuildings to renovate that could be transformated in pool house or outdoor kitchen. Very good potential to create a wonderful home in a beautiful location in the Algarve. Salir is a traditional village in the interior of the Algarve, which has the main services, restaurants, shops, health Center, municipal swimming pools and schools.

. Salir (5 minutes) . Quinta da Ombria Resort/Golfe (13 min) . Loulé (20 minutes) . Loulé Velho Beach (30 minutes) . Village part of Via Algarvian routes . House within Rocha da Peña Region (a natural heritage site) Contact to schedule your visit or obtain more information. #ref: 110276
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Property on Map

#110276

Currency Exchange

Loulé, 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 €85,000 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
€85,000 £72,309 £74,412 £2,103
Property Price € €85,000
Minimum cost in the last six months £72,309
Maximum cost in the last six months £74,412
Fluctuating exchange rates over the last six months could have increased the cost of this property by £2,103

Loulé, 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 €85,000 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
€85,000 £72,309 £74,412 £2,103
Property Price € €85,000
Minimum cost in the last six months £72,309
Maximum cost in the last six months £74,412
Fluctuating exchange rates over the last six months could have increased the cost of this property by £2,103

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 £2,103 more.

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