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80-Hectare Plot with Approved Hotel & Theme Park Project in Silves, Algarve
Silves, Faro, Portugal, 8375-009
REF: 561525
€15,000,000
Description
Prime 80-hectare plot in Silves, Algarve, with approved project for a theme park, hotels, villas, and apartments. A unique investment opportunity near Lisbon-Albufeira road. Discover an extraordinary investment opportunity in Silves, Algarve, with this expansive 80-hectare plot of land, ideally located near the main Lisbon-Albufeira road. Nestled in a serene natural environment, this property offers a fully approved and ambitious project for a world-class theme park combined with an array of residential, commercial, and hospitality facilities.
The project, developed in partnership with the Municipality of Silves, encompasses:
Theme Park: Spanning 244,419 sq.m., offering a unique entertainment experience.
Commercial & Dining Areas: 10,000 sq.m., designed to create a vibrant hub for shopping and dining.
Multiuse Pavilion: A versatile 6,000 sq.m. space for events and gatherings.
Trade Center: A 5,000 sq.m. business facility.
Hotels & Accommodations:
Hotel 1: 23,330 sq.m. footprint, total area of 35,000 sq.m.
Hotel 2: 13,334 sq.m. footprint, total area of 20,000 sq.m.
Apart-hotel: 14,660 sq.m. footprint, total area of 22,000 sq.m.
Tourist Villas: Housing area with a footprint of 31,500 sq.m. and a total area of 63,000 sq.m.
Residential Apartments: A footprint of 32,625 sq.m., with a total area of 65,250 sq.m.
This visionary development seamlessly blends entertainment, leisure, and living spaces, offering endless possibilities for creating a landmark destination in the Algarve. With its strategic location, comprehensive planning, and collaboration with local authorities, this project presents a unique chance to capitalize on the region's growing appeal.
Don t miss out on this exceptional opportunity to bring this transformative project to life contact us today for more details!
AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
Prime 80-hectare plot in Silves, Algarve, with approved project for a theme park, hotels, villas, and apartments. A unique investment opportunity near Lisbon-Albufeira road. Discover an extraordinary investment opportunity in Silves, Algarve, with this expansive 80-hectare plot of land, ideally located near the main Lisbon-Albufeira road. Nestled in a serene natural environment, this property offers a fully approved and ambitious project for a world-class theme park combined with an array of residential, commercial, and hospitality facilities.
The project, developed in partnership with the Municipality of Silves, encompasses:
Theme Park: Spanning 244,419 sq.m., offering a unique entertainment experience.
Commercial & Dining Areas: 10,000 sq.m., designed to create a vibrant hub for shopping and dining.
Multiuse Pavilion: A versatile 6,000 sq.m. space for events and gatherings.
Trade Center: A 5,000 sq.m. business facility.
Hotels & Accommodations:
Hotel 1: 23,330 sq.m. footprint, total area of 35,000 sq.m.
Hotel 2: 13,334 sq.m. footprint, total area of 20,000 sq.m.
Apart-hotel: 14,660 sq.m. footprint, total area of 22,000 sq.m.
Tourist Villas: Housing area with a footprint of 31,500 sq.m. and a total area of 63,000 sq.m.
Residential Apartments: A footprint of 32,625 sq.m., with a total area of 65,250 sq.m.
This visionary development seamlessly blends entertainment, leisure, and living spaces, offering endless possibilities for creating a landmark destination in the Algarve. With its strategic location, comprehensive planning, and collaboration with local authorities, this project presents a unique chance to capitalize on the region's growing appeal.
Don t miss out on this exceptional opportunity to bring this transformative project to life contact us today for more details!
AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
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Property on Map
Currency Exchange
Silves, Faro, Portugal, 8375-009
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 €15,000,000 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 |
|---|---|---|---|
| €15,000,000 | £12,358,500 | £12,721,500 | £363,000 |
| Property Price € | €15,000,000 |
| Minimum cost in the last six months | £12,358,500 |
| Maximum cost in the last six months | £12,721,500 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £363,000 |
Silves, Faro, Portugal, 8375-009
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 €15,000,000 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 |
|---|---|---|---|
| €15,000,000 | £12,358,500 | £12,721,500 | £363,000 |
| Property Price € | €15,000,000 |
| Minimum cost in the last six months | £12,358,500 |
| Maximum cost in the last six months | £12,721,500 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £363,000 |
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 £363,000 more.
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