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Urban Plot with Stunning Views for Sale in Alcoutim
União das Freguesias de Alcoutim e Pereiro, Faro, Portugal
REF: 895778
€55,000
Description
Urban Plot with Stunning Views for Sale in Alcoutim. A unique opportunity to build your dream home in the heart of inland Algarve! This urban plot of 755sqm is located at the entrance of the charming village of Alcoutim, within a quiet development that already includes several houses and all essential infrastructure. With a buildable area of up to 361sqm, the plot offers great potential to create a comfortable residence with outdoor space and panoramic views over the countryside, hills, and the village itself. While part of the land is on a steep slope, there is a flat area suitable for construction. The remaining space can be transformed into a terraced garden or an outdoor leisure area. About Alcoutim Nestled on the banks of the Guadiana River, Alcoutim is a picturesque village that blends the tranquility of the countryside with the beauty of river landscapes. Known for its peaceful atmosphere, it is perfect for those seeking quality of life away from tourist crowds. The village offers local shops, essential services, a river marina, river beaches, and natural trailsideal for nature lovers, hiking enthusiasts, and boating. Don't miss this opportunity to invest in a location full of authenticity, serenity, and strong potential for appreciation. Contact us for more information or to schedule a visit.
Urban Plot with Stunning Views for Sale in Alcoutim. A unique opportunity to build your dream home in the heart of inland Algarve! This urban plot of 755sqm is located at the entrance of the charming village of Alcoutim, within a quiet development that already includes several houses and all essential infrastructure. With a buildable area of up to 361sqm, the plot offers great potential to create a comfortable residence with outdoor space and panoramic views over the countryside, hills, and the village itself. While part of the land is on a steep slope, there is a flat area suitable for construction. The remaining space can be transformed into a terraced garden or an outdoor leisure area. About Alcoutim Nestled on the banks of the Guadiana River, Alcoutim is a picturesque village that blends the tranquility of the countryside with the beauty of river landscapes. Known for its peaceful atmosphere, it is perfect for those seeking quality of life away from tourist crowds. The village offers local shops, essential services, a river marina, river beaches, and natural trailsideal for nature lovers, hiking enthusiasts, and boating. Don't miss this opportunity to invest in a location full of authenticity, serenity, and strong potential for appreciation. Contact us for more information or to schedule a visit.
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Currency Exchange
União das Freguesias de Alcoutim e Pereiro, 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 €55,000 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 |
|---|---|---|---|
| €55,000 | £45,400 | £48,143 | £2,743 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £45,400 |
| Maximum cost in the last six months | £48,143 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,743 |
União das Freguesias de Alcoutim e Pereiro, 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 €55,000 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 |
|---|---|---|---|
| €55,000 | £45,400 | £48,143 | £2,743 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £45,400 |
| Maximum cost in the last six months | £48,143 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,743 |
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 £2,743 more.
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