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Plot of Land with House to Renovate - Excellent Location between Fuzeta and Olhão We present to you this excellent opportunity: land with a house to renovate or demolish, located in a quiet and extremely well-located area, just 5 minutes by car from the picturesque village of Fuzeta and the city of
União das Freguesias de Moncarapacho e Fuseta, Faro, Portugal
REF: 981866
€250,000
Description
Plot of Land with House to Renovate - Excellent Location between Fuzeta and Olhão We present to you this excellent opportunity: land with a house to renovate or demolish, located in a quiet and extremely well-located area, just 5 minutes by car from the picturesque village of Fuzeta and the city of Olhão. With excellent southern exposure, the house is located at the edge of the land, thus providing greater versatility to create your own outdoor space, greater privacy and solar use. There is the possibility of renovating the existing building to your liking or, if you prefer, developing a new architectural project, thus creating the house of your dreams. The land is flat, has a total area of 720sqm and a constructed area of approximately 73.50sqm. According to the Municipal Master Plan of Olhão, this land is classified as 'Urbanizable Spaces to Restructure', and therefore, upon consultation with the Municipal Council of Olhão, it may eventually be expanded. This is a mixed terrain with excellent potential, located in an ideal area for those who enjoy hiking and cycling. It has all the essential infrastructure on site: water, electricity and sewage. Access is via a paved road. This is an excellent opportunity for those seeking the tranquility of the countryside, with proximity to all services and amenities. Don't miss out on this unique opportunity! Schedule your visit now.
Plot of Land with House to Renovate - Excellent Location between Fuzeta and Olhão We present to you this excellent opportunity: land with a house to renovate or demolish, located in a quiet and extremely well-located area, just 5 minutes by car from the picturesque village of Fuzeta and the city of Olhão. With excellent southern exposure, the house is located at the edge of the land, thus providing greater versatility to create your own outdoor space, greater privacy and solar use. There is the possibility of renovating the existing building to your liking or, if you prefer, developing a new architectural project, thus creating the house of your dreams. The land is flat, has a total area of 720sqm and a constructed area of approximately 73.50sqm. According to the Municipal Master Plan of Olhão, this land is classified as 'Urbanizable Spaces to Restructure', and therefore, upon consultation with the Municipal Council of Olhão, it may eventually be expanded. This is a mixed terrain with excellent potential, located in an ideal area for those who enjoy hiking and cycling. It has all the essential infrastructure on site: water, electricity and sewage. Access is via a paved road. This is an excellent opportunity for those seeking the tranquility of the countryside, with proximity to all services and amenities. Don't miss out on this unique opportunity! Schedule your visit now.
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Currency Exchange
União das Freguesias de Moncarapacho e Fuseta, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £206,340 | £217,023 | £10,683 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £206,340 |
| Maximum cost in the last six months | £217,023 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,683 |
União das Freguesias de Moncarapacho e Fuseta, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £206,340 | £217,023 | £10,683 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £206,340 |
| Maximum cost in the last six months | £217,023 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,683 |
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 £10,683 more.
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