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Welcome to your investment opportunity in a unique Small Farm in the village of Magarelos in Vila Real
Vila Real, Vila Real, Portugal
REF: 666809
€58,000
Description
Welcome to your investment opportunity in a unique Small Farm in the village of Magarelos in Vila Real. This property is ideal for those who want to create a personalized and profitable space. With splendid views over the Serra do Marão, this plateau property is a true treasure. The rural house included, has a total of 400m2 of surrounding space, including multiple compartments and a cellar with 364m2 of gross construction area. House for reconstruction in rectangular granite blocks. In addition to the house, the Quintinha offers rustic land with an area of about 2200m2, just a few meters from the house, perfect for the cultivation of vegetable gardens and other agricultural activities. Its location in a quiet village in the municipality of Vila Real de Trás-os-Montes, in the parish of Mouçós, offers a splendid view and peaceful peace. Don't worry about access, as the IP4 highway is just 1.5 km away and the city of Vila Real is just a 12-minute drive away. This is your opportunity to transform this Small Farm into a unique and profitable space. Do not miss this investment opportunity. Get in touch to schedule a visit and start building your future in the Magarelos property. Watch the promotional video on Youtube Channel – Douro Real Estate *At IAD we share business with any consultant or real estate agency. We promote properties in more than 250 national and international real estate portals. If you are a professional in the sector and have a qualified buyer, contact me and schedule your visit. #ref: 91630
Welcome to your investment opportunity in a unique Small Farm in the village of Magarelos in Vila Real. This property is ideal for those who want to create a personalized and profitable space. With splendid views over the Serra do Marão, this plateau property is a true treasure. The rural house included, has a total of 400m2 of surrounding space, including multiple compartments and a cellar with 364m2 of gross construction area. House for reconstruction in rectangular granite blocks. In addition to the house, the Quintinha offers rustic land with an area of about 2200m2, just a few meters from the house, perfect for the cultivation of vegetable gardens and other agricultural activities. Its location in a quiet village in the municipality of Vila Real de Trás-os-Montes, in the parish of Mouçós, offers a splendid view and peaceful peace. Don't worry about access, as the IP4 highway is just 1.5 km away and the city of Vila Real is just a 12-minute drive away. This is your opportunity to transform this Small Farm into a unique and profitable space. Do not miss this investment opportunity. Get in touch to schedule a visit and start building your future in the Magarelos property. Watch the promotional video on Youtube Channel – Douro Real Estate *At IAD we share business with any consultant or real estate agency. We promote properties in more than 250 national and international real estate portals. If you are a professional in the sector and have a qualified buyer, contact me and schedule your visit. #ref: 91630
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Currency Exchange
Vila Real, Vila Real, 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 €58,000 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 |
|---|---|---|---|
| €58,000 | £48,042 | £49,848 | £1,806 |
| Property Price € | €58,000 |
| Minimum cost in the last six months | £48,042 |
| Maximum cost in the last six months | £49,848 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,806 |
Vila Real, Vila Real, 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 €58,000 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 |
|---|---|---|---|
| €58,000 | £48,042 | £49,848 | £1,806 |
| Property Price € | €58,000 |
| Minimum cost in the last six months | £48,042 |
| Maximum cost in the last six months | £49,848 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,806 |
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 £1,806 more.
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