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Farm with about 14000 m2 with production of Alvarinho grape of good grade inscribed in the monsoon cellar with two water mines on the property and house to recover
Valença, Viana do Castelo, Portugal
REF: 269736
€420,000
Description
Farm with about 14000 m2 with production of Alvarinho grape of good grade inscribed in the monsoon cellar with two water mines on the property and house to recover. The perfect location for wine production with a slope of the land and with sun all day on the land, with agro-tourism project with a two-storey rural house with the ground floor with the potential to develop commercial activity and the whole area from the top of the house for housing or local accommodation, an agricultural project with an approved Alvarinho vine is currently being implemented and another tourist-rural project. The farm is located in zone A for the cultivation of vines of this variety, therefore with vines with quality grapes. Excellent farm to monetize and live Great business opportunity #ref: 15634
Farm with about 14000 m2 with production of Alvarinho grape of good grade inscribed in the monsoon cellar with two water mines on the property and house to recover. The perfect location for wine production with a slope of the land and with sun all day on the land, with agro-tourism project with a two-storey rural house with the ground floor with the potential to develop commercial activity and the whole area from the top of the house for housing or local accommodation, an agricultural project with an approved Alvarinho vine is currently being implemented and another tourist-rural project. The farm is located in zone A for the cultivation of vines of this variety, therefore with vines with quality grapes. Excellent farm to monetize and live Great business opportunity #ref: 15634
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Currency Exchange
Valença, Viana do Castelo, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £346,038 | £360,969 | £14,931 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £346,038 |
| Maximum cost in the last six months | £360,969 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,931 |
Valença, Viana do Castelo, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £346,038 | £360,969 | £14,931 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £346,038 |
| Maximum cost in the last six months | £360,969 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,931 |
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 £14,931 more.
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