Land Sale in Vila do Bispo e Raposeira,Vila do Bispo

Vila do Bispo, Portugal

For Sale

€96,000

REF: 990525 €96,000


Description

Rustic land suitable for farming. Access is via a dirt road and it is located about 40m from the N125 national road and 1.5km from Raposeira.The parish of Raposeira was abolished in 2013 as part of a national administrative reform and was added to the parish of Vila do Bispo to form a new parish called Vila do Bispo and RaposeiraAlso very close by is the Chapel of Our Lady of Guadalupe.The building was dedicated to Our Lady of Guadalupe, whose cult began in Spain in the 13th century, but only spread to Portugal after the Battle of Salado in 1340, and several shrines were built in honour of her in Portugal.The legend of Our Lady of Guadalupe is associated with navigators and sailors, and with fighting Muslims and rescuing captured Christians, which could explain the installation of a shrine in her honour in the Western Algarve, an extreme part of the country that was often plagued by Islamic pirates.
Rustic land suitable for farming. Access is via a dirt road and it is located about 40m from the N125 national road and 1.5km from Raposeira.The parish of Raposeira was abolished in 2013 as part of a national administrative reform and was added to the parish of Vila do Bispo to form a new parish called Vila do Bispo and RaposeiraAlso very close by is the Chapel of Our Lady of Guadalupe.The building was dedicated to Our Lady of Guadalupe, whose cult began in Spain in the 13th century, but only spread to Portugal after the Battle of Salado in 1340, and several shrines were built in honour of her in Portugal.The legend of Our Lady of Guadalupe is associated with navigators and sailors, and with fighting Muslims and rescuing captured Christians, which could explain the installation of a shrine in her honour in the Western Algarve, an extreme part of the country that was often plagued by Islamic pirates.
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Property on Map

#T300

Currency Exchange

Vila do Bispo, 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 €96,000 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
€96,000 £79,243 £83,337 £4,093
Property Price € €96,000
Minimum cost in the last six months £79,243
Maximum cost in the last six months £83,337
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,093

Vila do Bispo, 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 €96,000 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
€96,000 £79,243 £83,337 £4,093
Property Price € €96,000
Minimum cost in the last six months £79,243
Maximum cost in the last six months £83,337
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,093

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 £4,093 more.

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