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FANTASTIC PLOT WITH THE POSSIBILITY TO BUILD YOUR DREAM PROJECT Discover this extraordinary mixed plot of land located in Fontainhas, in Ferreiras, Albufeira
Albufeira, Faro, Portugal
REF: 989809
€450,000
Description
FANTASTIC PLOT WITH THE POSSIBILITY TO BUILD YOUR DREAM PROJECT Discover this extraordinary mixed plot of land located in Fontainhas, in Ferreiras, Albufeira. With a total area of 18,410 m² of rustic land and 830 m² of urban area, this property offers vast potential for investment or for the construction of your dream project. This beautiful piece of land could also be a great option for keeping horses! The urban part includes a 240 m² ruin, ready for rehabilitation, and a typical threshing floor that adds a touch of authenticity and history to the property. With access to electricity and water, this plot has the ideal conditions for building your desired property or you could make a fantastic rural tourism project here! The privileged location, in the heart of the Algarve, guarantees tranquillity and proximity to the beaches and close to the amenities of Albufeira, making this property a rare opportunity. Don't miss the chance to transform this space into something truly special. Opportunities like this don't come very often! 12 minutes drive to the beach Close to schools/amenities #ref: 142591
FANTASTIC PLOT WITH THE POSSIBILITY TO BUILD YOUR DREAM PROJECT Discover this extraordinary mixed plot of land located in Fontainhas, in Ferreiras, Albufeira. With a total area of 18,410 m² of rustic land and 830 m² of urban area, this property offers vast potential for investment or for the construction of your dream project. This beautiful piece of land could also be a great option for keeping horses! The urban part includes a 240 m² ruin, ready for rehabilitation, and a typical threshing floor that adds a touch of authenticity and history to the property. With access to electricity and water, this plot has the ideal conditions for building your desired property or you could make a fantastic rural tourism project here! The privileged location, in the heart of the Algarve, guarantees tranquillity and proximity to the beaches and close to the amenities of Albufeira, making this property a rare opportunity. Don't miss the chance to transform this space into something truly special. Opportunities like this don't come very often! 12 minutes drive to the beach Close to schools/amenities #ref: 142591
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Currency Exchange
Albufeira, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £371,453 | £390,641 | £19,188 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £371,453 |
| Maximum cost in the last six months | £390,641 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,188 |
Albufeira, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £371,453 | £390,641 | £19,188 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £371,453 |
| Maximum cost in the last six months | £390,641 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,188 |
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 £19,188 more.
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