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Unique plot next to Praia do Pontal - Porches, Algarve Discover a rare piece of paradise in the heart of the Algarve
Lagoa (Algarve), Faro, Portugal
REF: 998921
€1,300,000
Description
Unique plot next to Praia do Pontal - Porches, Algarve Discover a rare piece of paradise in the heart of the Algarve. This exclusive plot, located next to the stunning Praia do Pontal beach in Porches, offers a unique opportunity for those seeking tranquillity, natural beauty and proximity to the sea. With open views over the Atlantic Ocean and surrounded by unspoilt nature, the plot has a stone ruin, which offers great rehabilitation potential, and traditional stone walls, which add authenticity and charm to the space. It is the ideal place to build a dream villa, holiday home or charming tourist project, in a natural and serene environment, just a few steps from the beach. Just a few minutes from the picturesque villages of Porches and Lagoa, this property offers the perfect balance between privacy and accessibility, with restaurants, golf courses, wineries and all amenities nearby. Don't miss out on this unique opportunity to invest in one of the Algarve's most authentic and private areas. Get in touch for more information or to arrange a viewing. #ref: 665379
Unique plot next to Praia do Pontal - Porches, Algarve Discover a rare piece of paradise in the heart of the Algarve. This exclusive plot, located next to the stunning Praia do Pontal beach in Porches, offers a unique opportunity for those seeking tranquillity, natural beauty and proximity to the sea. With open views over the Atlantic Ocean and surrounded by unspoilt nature, the plot has a stone ruin, which offers great rehabilitation potential, and traditional stone walls, which add authenticity and charm to the space. It is the ideal place to build a dream villa, holiday home or charming tourist project, in a natural and serene environment, just a few steps from the beach. Just a few minutes from the picturesque villages of Porches and Lagoa, this property offers the perfect balance between privacy and accessibility, with restaurants, golf courses, wineries and all amenities nearby. Don't miss out on this unique opportunity to invest in one of the Algarve's most authentic and private areas. Get in touch for more information or to arrange a viewing. #ref: 665379
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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 €1,300,000 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 |
|---|---|---|---|
| €1,300,000 | £1,073,085 | £1,137,916 | £64,831 |
| Property Price € | €1,300,000 |
| Minimum cost in the last six months | £1,073,085 |
| Maximum cost in the last six months | £1,137,916 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £64,831 |
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 €1,300,000 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 |
|---|---|---|---|
| €1,300,000 | £1,073,085 | £1,137,916 | £64,831 |
| Property Price € | €1,300,000 |
| Minimum cost in the last six months | £1,073,085 |
| Maximum cost in the last six months | £1,137,916 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £64,831 |
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 £64,831 more.
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