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Single storey building with haystack, backyard and warehouse with an industrial area
Silves, Faro, Portugal
REF: 958570
€490,000
Description
Excellent investment opportunity in Messines de Baixo. If you are looking for a versatile property with great potential for appreciation, this is the ideal opportunity. Property Composition: Building in total ownership with 2 urban articles and 1 rustic article, perfect for those who want to make the most of their investment. 1st Urban Article Spacious housing with: - 3 bedrooms - Dining room - Kitchen - Bathroom - Entrance house - Haystack and backyard 2nd Urban Article Multifunctional space with: - Warehouse (allocation for warehouses and industrial activity) - Porch - Yard Rustic Article Agricultural land measuring 320m for dryland arable farming. Dimensions: - Total Urban Area: 689m - Covered Area: 313m - Discovery Area: 376m - Total Rustic Area: 320m Privileged Location: Quiet area in Messines de Baixo A few minutes from the motorway and IC1 Just 20 minutes from Albufeira Smart Investment! The T4 architecture and typology allow profitability through leasing (with T1 and T0 typologies). of up to four separate divisions. Don't miss this opportunity! For more information or to schedule a visit, contact us today!
Excellent investment opportunity in Messines de Baixo. If you are looking for a versatile property with great potential for appreciation, this is the ideal opportunity. Property Composition: Building in total ownership with 2 urban articles and 1 rustic article, perfect for those who want to make the most of their investment. 1st Urban Article Spacious housing with: - 3 bedrooms - Dining room - Kitchen - Bathroom - Entrance house - Haystack and backyard 2nd Urban Article Multifunctional space with: - Warehouse (allocation for warehouses and industrial activity) - Porch - Yard Rustic Article Agricultural land measuring 320m for dryland arable farming. Dimensions: - Total Urban Area: 689m - Covered Area: 313m - Discovery Area: 376m - Total Rustic Area: 320m Privileged Location: Quiet area in Messines de Baixo A few minutes from the motorway and IC1 Just 20 minutes from Albufeira Smart Investment! The T4 architecture and typology allow profitability through leasing (with T1 and T0 typologies). of up to four separate divisions. Don't miss this opportunity! For more information or to schedule a visit, contact us today!
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Currency Exchange
Silves, 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 €490,000 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 |
|---|---|---|---|
| €490,000 | £403,711 | £425,364 | £21,653 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £403,711 |
| Maximum cost in the last six months | £425,364 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,653 |
Silves, 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 €490,000 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 |
|---|---|---|---|
| €490,000 | £403,711 | £425,364 | £21,653 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £403,711 |
| Maximum cost in the last six months | £425,364 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,653 |
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 £21,653 more.
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