Great opportunity! This detached house is located four kilometers from the village of Alcoutim in the Algarve

Alcoutim, Faro, Portugal

For Sale

€130,000

REF: 813531 €130,000


3

1

128 m2

Description

Great opportunity! This detached house is located four kilometers from the village of Alcoutim in the Algarve. It is located on a rustic and urban plot of land measuring 494.5 square meters, 218 of which are urban and the remaining 279.5 are rustic. In the urban area, a house was built with 3 bedrooms, 1 bathroom, kitchen, living room and garage where there is already a water, electricity and gas connection.

In the rustic area, a carob tree, olive trees, almond tree, loquat tree, lemon tree, orange tree, clementine tree, fig tree and some grape vines have already been planted. To further enrich this land, there is already a borehole and a pump that allows the existing plantations to be irrigated. You can enjoy the quality of life that this town in the Algarve offers you.

The municipality is limited to the north by the municipality of Mértola, to the east by Spain, to the southeast by Castro Marim, to the southwest by Tavira and to the west by Loulé and Almodôvar. It is bathed by the Guadiana River where you can enjoy the restaurants and bars with views of the neighboring area.

Spain. River beach and all amenities, banks, supermarkets, health center, etc. I share with all real estate agencies with an AMI license. Do you want to buy or rent a property and still haven't found what you're looking for? On this page you will find my property portfolio. I will be happy to accompany you on a visit.

If you don't find what you want here, I am fully available to help you at this important stage in your life. If you intend to sell your house, I can also help you, giving you an estimate of its value and promoting your property on more than 200 real estate portals around the world for free. iad is a real estate agency that does not have physical stores, which allows me to meet you and provide you with the best service wherever you are, based on professionalism and transparency.

As an independent real estate consultant, I have the autonomy to manage my schedule and negotiate my commission with you, guaranteeing you personalized support at every stage of the process and a quality service at the best price. Why choose an iad real estate consultant? Choose an iad consultant and benefit from the support of the largest network of independent real estate consultants in Portugal.

Created in France in 2008, iad was born from an innovative model that breaks with the traditional concept of a real estate agency, promoting a close relationship between the consultant and the client. The success of the iad group is reflected in thousands of consultants, online properties and completed businesses. #ref: 116473
Great opportunity! This detached house is located four kilometers from the village of Alcoutim in the Algarve. It is located on a rustic and urban plot of land measuring 494.5 square meters, 218 of which are urban and the remaining 279.5 are rustic. In the urban area, a house was built with 3 bedrooms, 1 bathroom, kitchen, living room and garage where there is already a water, electricity and gas connection.

In the rustic area, a carob tree, olive trees, almond tree, loquat tree, lemon tree, orange tree, clementine tree, fig tree and some grape vines have already been planted. To further enrich this land, there is already a borehole and a pump that allows the existing plantations to be irrigated. You can enjoy the quality of life that this town in the Algarve offers you.

The municipality is limited to the north by the municipality of Mértola, to the east by Spain, to the southeast by Castro Marim, to the southwest by Tavira and to the west by Loulé and Almodôvar. It is bathed by the Guadiana River where you can enjoy the restaurants and bars with views of the neighboring area.

Spain. River beach and all amenities, banks, supermarkets, health center, etc. I share with all real estate agencies with an AMI license. Do you want to buy or rent a property and still haven't found what you're looking for? On this page you will find my property portfolio. I will be happy to accompany you on a visit.

If you don't find what you want here, I am fully available to help you at this important stage in your life. If you intend to sell your house, I can also help you, giving you an estimate of its value and promoting your property on more than 200 real estate portals around the world for free. iad is a real estate agency that does not have physical stores, which allows me to meet you and provide you with the best service wherever you are, based on professionalism and transparency.

As an independent real estate consultant, I have the autonomy to manage my schedule and negotiate my commission with you, guaranteeing you personalized support at every stage of the process and a quality service at the best price. Why choose an iad real estate consultant? Choose an iad consultant and benefit from the support of the largest network of independent real estate consultants in Portugal.

Created in France in 2008, iad was born from an innovative model that breaks with the traditional concept of a real estate agency, promoting a close relationship between the consultant and the client. The success of the iad group is reflected in thousands of consultants, online properties and completed businesses. #ref: 116473
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Property on Map

#116473

Currency Exchange

Alcoutim, 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 €130,000 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
€130,000 £110,590 £113,950 £3,361
Property Price € €130,000
Minimum cost in the last six months £110,590
Maximum cost in the last six months £113,950
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,361

Alcoutim, 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 €130,000 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
€130,000 £110,590 £113,950 £3,361
Property Price € €130,000
Minimum cost in the last six months £110,590
Maximum cost in the last six months £113,950
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,361

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 £3,361 more.

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