2 Urban land with 10

Mexilhoeira Grande, Faro, Portugal

For Sale

€260,000

REF: 258383 €260,000


102800 m2

Description

2 Urban land with 10.20 HA Ruin and Dam, with a potential of building 2 Houses with 300sqm, swimming pool in each land or viability to construct 500sqm of Commerce / Services + Restaurant and related activities and over 2000sqm for Rural Tourisme. Naturel Culture of trees. Natural Landscape. Mexilhoeira Grande is a portuguese village and parish in the municipality of Portimão, with an area of 88.41 ksqm and 4,029 inhabitants (2011).

Its population density is 45.6 inhabitants/ksqm. It borders the following parishes: Monchique (N), Portimão (E), Alvor (S), Odiáxere (O), Bensafrim (O) and Marmelete (NO). Located north of Portimão, Mexilhoeira Grande, a rural land with white floors, trodden by alleys, has in traditional handicrafts and agriculture the main activities of its people.

It is also in this parish that the International Racetrack of the Algarve is located. It is located in a field area, about 6 km north of the center of the parish. Access is from a variant of the EN125. It is served by a station on the Algarve Line. Mexilhoeira Grande is the largest of the three parishes that make up the municipality of Portimão, although it has the smallest number of inhabitants.

It presents unique landscapes, resulting from the orographic and climatic profile of the region as well as the agricultural activity developed there for years. Of an essentially rural nature, it keeps alive traditions and customs well evident in the daily experiences of the mexilhoeirenses. Making a chronological progression, this script should begin in the Megalithic Monuments of Alcalar (prehistory), passing through the Roman Villa of Abicada, then by the extinct parish of Senhora do Verde and ending the visit in the center of the village of Mexilhoeira Grande, where we can observe the result of this whole evolutionary process.
2 Urban land with 10.20 HA Ruin and Dam, with a potential of building 2 Houses with 300sqm, swimming pool in each land or viability to construct 500sqm of Commerce / Services + Restaurant and related activities and over 2000sqm for Rural Tourisme. Naturel Culture of trees. Natural Landscape. Mexilhoeira Grande is a portuguese village and parish in the municipality of Portimão, with an area of 88.41 ksqm and 4,029 inhabitants (2011).

Its population density is 45.6 inhabitants/ksqm. It borders the following parishes: Monchique (N), Portimão (E), Alvor (S), Odiáxere (O), Bensafrim (O) and Marmelete (NO). Located north of Portimão, Mexilhoeira Grande, a rural land with white floors, trodden by alleys, has in traditional handicrafts and agriculture the main activities of its people.

It is also in this parish that the International Racetrack of the Algarve is located. It is located in a field area, about 6 km north of the center of the parish. Access is from a variant of the EN125. It is served by a station on the Algarve Line. Mexilhoeira Grande is the largest of the three parishes that make up the municipality of Portimão, although it has the smallest number of inhabitants.

It presents unique landscapes, resulting from the orographic and climatic profile of the region as well as the agricultural activity developed there for years. Of an essentially rural nature, it keeps alive traditions and customs well evident in the daily experiences of the mexilhoeirenses. Making a chronological progression, this script should begin in the Megalithic Monuments of Alcalar (prehistory), passing through the Roman Villa of Abicada, then by the extinct parish of Senhora do Verde and ending the visit in the center of the village of Mexilhoeira Grande, where we can observe the result of this whole evolutionary process.
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Currency Exchange

Mexilhoeira Grande, 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 €260,000 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
€260,000 £215,361 £223,457 £8,096
Property Price € €260,000
Minimum cost in the last six months £215,361
Maximum cost in the last six months £223,457
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,096

Mexilhoeira Grande, 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 €260,000 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
€260,000 £215,361 £223,457 £8,096
Property Price € €260,000
Minimum cost in the last six months £215,361
Maximum cost in the last six months £223,457
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,096

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 £8,096 more.

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