Plot of land for the construction of a single-family house, in Odiáxere, 15 minutes from the center of Portimão

Odiáxere, Faro, Portugal

For Sale

€80,000

REF: 622474 €80,000


120 m2

Description

Plot of land for the construction of a single-family house, in Odiáxere, 15 minutes from the center of Portimão. Inserted in a residential area next to a nursery, 1st cycle school, firefighters and Recreation Center. In addition to a car park dedicated to residents, there are also 2 BBQs and a communal picnic area.

CURIOSITIES: The Legend of the Palace without Doors On the way to Odiáxere, near Lagos, there was once a vegetable garden and inside it a very strange tall building. It didn't have a single opening: windows and doors were false and the roof too, and it was said that the bizarre construction lasted a few centuries without anyone making use of it.

The garden in our legend belonged to a poor family that owned nothing else and lived in hovels, surviving with great difficulty, resorting to cultivating the land. When the family moved there, a strange Moor began to appear to the woman whenever no one was around, beckoning her to come closer. Frightened, she ran away, however the Moor always followed her home.

One day, tired and extremely scared, the woman decided to tell her husband everything. He, a smart man, remembered other reports he had already heard and realized immediately that it was an enchanted Moor, in search of help. In this way, he convinced his wife to listen to him. The woman did so. When the Moor approached her, she asked what he wanted and the Moor calmly explained that he had been enchanted for a long time, waiting for someone to help him.

Moreover, he also mentioned that whoever disenchanted him would receive a treasure in gold and precious stones. Euphoric, the woman wanted to know how she could help him, and the Moor asked for the construction of a building with doors and windows that could not be opened and a roof without tiles. Then, he went on, this is how the building should remain for a hundred years, without anyone making use of it.

Disheartened, the woman returned home, telling her husband everything. In fact, they had no money for anything, not to mention the fact that they would be mocked by the neighbors. Despite this, the husband did not hesitate: - Let's go woman! We will work hard to build this building, putting in whatever it takes! So they did.

After a long time of sacrifice, the building was ready and one day, the Moor appeared to the woman again. Then, lifting a huge slab from the ground and which she had never noticed, he revealed a treasure trove full of gold and jewels. True to his word, he handed it to the woman, kissing her goodbye. However, the kiss was not innocent.

It was a fiery kiss that soon burned her throat in such a way that she was no longer able to ingest solid food. After months of atrocious suffering, she stopped fighting. She closed her eyes and died... Husband and children mourned her death, but time played its role, relieving the pain until they forgot it, becoming rich and happy.

As for the building, it remained intact and strange, more than a hundred years according to what they say, since in fact its owners did not want to run the risk of seeing their fortune evaporate. Portal Nacional dos Municípios e Freguesias
Plot of land for the construction of a single-family house, in Odiáxere, 15 minutes from the center of Portimão. Inserted in a residential area next to a nursery, 1st cycle school, firefighters and Recreation Center. In addition to a car park dedicated to residents, there are also 2 BBQs and a communal picnic area.

CURIOSITIES: The Legend of the Palace without Doors On the way to Odiáxere, near Lagos, there was once a vegetable garden and inside it a very strange tall building. It didn't have a single opening: windows and doors were false and the roof too, and it was said that the bizarre construction lasted a few centuries without anyone making use of it.

The garden in our legend belonged to a poor family that owned nothing else and lived in hovels, surviving with great difficulty, resorting to cultivating the land. When the family moved there, a strange Moor began to appear to the woman whenever no one was around, beckoning her to come closer. Frightened, she ran away, however the Moor always followed her home.

One day, tired and extremely scared, the woman decided to tell her husband everything. He, a smart man, remembered other reports he had already heard and realized immediately that it was an enchanted Moor, in search of help. In this way, he convinced his wife to listen to him. The woman did so. When the Moor approached her, she asked what he wanted and the Moor calmly explained that he had been enchanted for a long time, waiting for someone to help him.

Moreover, he also mentioned that whoever disenchanted him would receive a treasure in gold and precious stones. Euphoric, the woman wanted to know how she could help him, and the Moor asked for the construction of a building with doors and windows that could not be opened and a roof without tiles. Then, he went on, this is how the building should remain for a hundred years, without anyone making use of it.

Disheartened, the woman returned home, telling her husband everything. In fact, they had no money for anything, not to mention the fact that they would be mocked by the neighbors. Despite this, the husband did not hesitate: - Let's go woman! We will work hard to build this building, putting in whatever it takes! So they did.

After a long time of sacrifice, the building was ready and one day, the Moor appeared to the woman again. Then, lifting a huge slab from the ground and which she had never noticed, he revealed a treasure trove full of gold and jewels. True to his word, he handed it to the woman, kissing her goodbye. However, the kiss was not innocent.

It was a fiery kiss that soon burned her throat in such a way that she was no longer able to ingest solid food. After months of atrocious suffering, she stopped fighting. She closed her eyes and died... Husband and children mourned her death, but time played its role, relieving the pain until they forgot it, becoming rich and happy.

As for the building, it remained intact and strange, more than a hundred years according to what they say, since in fact its owners did not want to run the risk of seeing their fortune evaporate. Portal Nacional dos Municípios e Freguesias
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Currency Exchange

Odiáxere, 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 €80,000 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
€80,000 £65,912 £68,756 £2,844
Property Price € €80,000
Minimum cost in the last six months £65,912
Maximum cost in the last six months £68,756
Fluctuating exchange rates over the last six months could have increased the cost of this property by £2,844

Odiáxere, 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 €80,000 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
€80,000 £65,912 £68,756 £2,844
Property Price € €80,000
Minimum cost in the last six months £65,912
Maximum cost in the last six months £68,756
Fluctuating exchange rates over the last six months could have increased the cost of this property by £2,844

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 £2,844 more.

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