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Investment opportunity in Parchal - Lagoa We are offering an excellent property situated in the heart of the industrial estate in the Pateiro area of Parchal, ideal for companies looking to expand or investors wanting a property with growth potential
Lagoa (Algarve), Faro, Portugal
REF: 968811
€1,382,000
Description
Investment opportunity in Parchal - Lagoa We are offering an excellent property situated in the heart of the industrial estate in the Pateiro area of Parchal, ideal for companies looking to expand or investors wanting a property with growth potential. Main features: Land area: 1,382 m², providing ample space for operations and future extensions. Building footprint: 700 m², efficiently distributed to optimise the use of space. Gross construction area: 1,050 m², including production, storage and office areas. Configuration: Two-storey building comprising ground floor and first floor, offering versatility of use. Solar orientation: East/West, ensuring optimum natural light throughout the day and energy efficiency. Year built: 2009, with a solid and well-maintained structure. This property is an excellent opportunity for businesses looking for a strategic presence in a consolidated industrial location. With a modern infrastructure and generous space, it is ready to meet your current and future needs. Location: 6 min from Portimão; 8 min from Lagoa; 9 min from the A22 motorway; 25 min from Albufeira; 33 min from Loulé; 43 min from Faro. Want to know more? Contact us for detailed information or to arrange a visit! #ref: 142049
Investment opportunity in Parchal - Lagoa We are offering an excellent property situated in the heart of the industrial estate in the Pateiro area of Parchal, ideal for companies looking to expand or investors wanting a property with growth potential. Main features: Land area: 1,382 m², providing ample space for operations and future extensions. Building footprint: 700 m², efficiently distributed to optimise the use of space. Gross construction area: 1,050 m², including production, storage and office areas. Configuration: Two-storey building comprising ground floor and first floor, offering versatility of use. Solar orientation: East/West, ensuring optimum natural light throughout the day and energy efficiency. Year built: 2009, with a solid and well-maintained structure. This property is an excellent opportunity for businesses looking for a strategic presence in a consolidated industrial location. With a modern infrastructure and generous space, it is ready to meet your current and future needs. Location: 6 min from Portimão; 8 min from Lagoa; 9 min from the A22 motorway; 25 min from Albufeira; 33 min from Loulé; 43 min from Faro. Want to know more? Contact us for detailed information or to arrange a visit! #ref: 142049
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Currency Exchange
Lagoa (Algarve), 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 €1,382,000 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 |
|---|---|---|---|
| €1,382,000 | £1,140,648 | £1,199,700 | £59,053 |
| Property Price € | €1,382,000 |
| Minimum cost in the last six months | £1,140,648 |
| Maximum cost in the last six months | £1,199,700 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £59,053 |
Lagoa (Algarve), 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 €1,382,000 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 |
|---|---|---|---|
| €1,382,000 | £1,140,648 | £1,199,700 | £59,053 |
| Property Price € | €1,382,000 |
| Minimum cost in the last six months | £1,140,648 |
| Maximum cost in the last six months | £1,199,700 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £59,053 |
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 £59,053 more.
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