Rustic land, in Pêra

Silves, Faro, Portugal

For Sale

€120,000

REF: 996668 €120,000


Description

This rustic plot of land measuring approximately 2 hectares is located in the Malaca area (Areias de Pêra). With dirt road access, it is close to the EN125 and offers views of the sea and, to the west, Pêra and Armação de Pêra. It is made up of arable crops, with native trees such as almond, carob, fig, olive and cork trees.

This property is listed exclusively. At KW Flash Algarve we share 50/50 with all agencies and consultants with an AMI license. For more information, contact Maria Algarvia: 351 96 33 91 202 / [email protected]
This rustic plot of land measuring approximately 2 hectares is located in the Malaca area (Areias de Pêra). With dirt road access, it is close to the EN125 and offers views of the sea and, to the west, Pêra and Armação de Pêra. It is made up of arable crops, with native trees such as almond, carob, fig, olive and cork trees.

This property is listed exclusively. At KW Flash Algarve we share 50/50 with all agencies and consultants with an AMI license. For more information, contact Maria Algarvia: 351 96 33 91 202 / [email protected]
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Property on Map

#KWPT-005049

Currency Exchange

Silves, 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 €120,000 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
€120,000 £99,054 £104,173 £5,119
Property Price € €120,000
Minimum cost in the last six months £99,054
Maximum cost in the last six months £104,173
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,119

Silves, 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 €120,000 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
€120,000 £99,054 £104,173 £5,119
Property Price € €120,000
Minimum cost in the last six months £99,054
Maximum cost in the last six months £104,173
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,119

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 £5,119 more.

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