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Ruin of a typical single-storey house for complete renovation in a quiet village in Barrocal, in Portela das Cruzes, near Tavira
Tavira, Faro, Portugal
REF: 961245
€125,000
Description
Ruin of a typical single-storey house for complete renovation in a quiet village in Barrocal, in Portela das Cruzes, near Tavira. With an area of 207m2, it allows you to create a stunning house with sea views, perfect for transforming into your holiday retreat or your own home surrounded by the tranquility of Nature. The ruin has stone walls in keeping with the traditional construction of the Algarve mountains. These features allow the new space to be given character, contributing to the creation of a unique space, full of authenticity. The ruin is located on a 342m2 plot of land, allowing the creation of a garden and leisure area with open views of the Barrocal. Featuring a good construction area, its restoration or reconstruction allows you to create a charming village set in a peaceful environment surrounded by nature where you can enjoy a mild climate. Excellent sun exposure provides excellent natural light throughout the day. The village is known for its natural landscape, ideal for those seeking tranquility and proximity to nature, with easy access to outdoor activities. Located in a town close to Tavira, it has good accessibility and is approximately 20 minutes from the beach and golf courses, 40 minutes from the town of Castro Marim, Spain or Faro International Airport. Come and discover this opportunity to transform this space into your refuge in the Algarve, creating a truly special space for holidays, housing or investment. Schedule your visit or ask for more details. Construction prior to 1951, exempt from use license. Note: The house is sold as is for full renovation, the 3D images shown are only suggestions for renovation. #ref: 140769
Ruin of a typical single-storey house for complete renovation in a quiet village in Barrocal, in Portela das Cruzes, near Tavira. With an area of 207m2, it allows you to create a stunning house with sea views, perfect for transforming into your holiday retreat or your own home surrounded by the tranquility of Nature. The ruin has stone walls in keeping with the traditional construction of the Algarve mountains. These features allow the new space to be given character, contributing to the creation of a unique space, full of authenticity. The ruin is located on a 342m2 plot of land, allowing the creation of a garden and leisure area with open views of the Barrocal. Featuring a good construction area, its restoration or reconstruction allows you to create a charming village set in a peaceful environment surrounded by nature where you can enjoy a mild climate. Excellent sun exposure provides excellent natural light throughout the day. The village is known for its natural landscape, ideal for those seeking tranquility and proximity to nature, with easy access to outdoor activities. Located in a town close to Tavira, it has good accessibility and is approximately 20 minutes from the beach and golf courses, 40 minutes from the town of Castro Marim, Spain or Faro International Airport. Come and discover this opportunity to transform this space into your refuge in the Algarve, creating a truly special space for holidays, housing or investment. Schedule your visit or ask for more details. Construction prior to 1951, exempt from use license. Note: The house is sold as is for full renovation, the 3D images shown are only suggestions for renovation. #ref: 140769
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Currency Exchange
Tavira, 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 €125,000 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 |
|---|---|---|---|
| €125,000 | £102,988 | £108,511 | £5,524 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £102,988 |
| Maximum cost in the last six months | £108,511 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,524 |
Tavira, 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 €125,000 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 |
|---|---|---|---|
| €125,000 | £102,988 | £108,511 | £5,524 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £102,988 |
| Maximum cost in the last six months | £108,511 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,524 |
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 £5,524 more.
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