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Land with 4
Montijo, Setúbal, Portugal
REF: 632124
€169,000
Description
Land with 4.25 acres (42,500 m2) located next to the EN4, in the parish of Pegões, in a predominantly agricultural area, with scattered settlement. As it is located in agricultural area, not included in the RAN (national agricultural reserve) or REN (national ecological reserve), and being served by a street, electricity and water, the construction of a warehouse and/or housing will be allowed, according to the PDM (Municipal Master Plan), that is, 2.125m2 of total construction area, including 425m2 of construction intended for housing (optional). It is also admissible to build a greenhouse. Excellent location, next to Estrada Nacional 4, 20 minutes from Lisbon (Vasco da Gama bridge) and Setúbal, 15 minutes from Montijo and Alcochete and 5 minutes from the accesses to the A13 (Santarém), A2 (Algarve) and A6 (Évora/Spain). Commerce and various services available nearby. Wine and agroforestry area, located between the watersheds of the Tagus and Sado rivers. Fertile for cultivation. Be inspired by the renowned wineries in the region and produce your own wine, extracted from the grapes harvested in your vineyard. Come and see this fabulous land! At IAD we share business with any consultant or real estate agency. Contact me for more information about this property. #ref: 85745
Land with 4.25 acres (42,500 m2) located next to the EN4, in the parish of Pegões, in a predominantly agricultural area, with scattered settlement. As it is located in agricultural area, not included in the RAN (national agricultural reserve) or REN (national ecological reserve), and being served by a street, electricity and water, the construction of a warehouse and/or housing will be allowed, according to the PDM (Municipal Master Plan), that is, 2.125m2 of total construction area, including 425m2 of construction intended for housing (optional). It is also admissible to build a greenhouse. Excellent location, next to Estrada Nacional 4, 20 minutes from Lisbon (Vasco da Gama bridge) and Setúbal, 15 minutes from Montijo and Alcochete and 5 minutes from the accesses to the A13 (Santarém), A2 (Algarve) and A6 (Évora/Spain). Commerce and various services available nearby. Wine and agroforestry area, located between the watersheds of the Tagus and Sado rivers. Fertile for cultivation. Be inspired by the renowned wineries in the region and produce your own wine, extracted from the grapes harvested in your vineyard. Come and see this fabulous land! At IAD we share business with any consultant or real estate agency. Contact me for more information about this property. #ref: 85745
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Currency Exchange
Montijo, Setúbal, 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 €169,000 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 |
|---|---|---|---|
| €169,000 | £139,984 | £145,247 | £5,263 |
| Property Price € | €169,000 |
| Minimum cost in the last six months | £139,984 |
| Maximum cost in the last six months | £145,247 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,263 |
Montijo, Setúbal, 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 €169,000 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 |
|---|---|---|---|
| €169,000 | £139,984 | £145,247 | £5,263 |
| Property Price € | €169,000 |
| Minimum cost in the last six months | £139,984 |
| Maximum cost in the last six months | £145,247 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,263 |
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 £5,263 more.
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