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Agricultural farm with 35,296 m2, composed in part with vineyard land from the Douro demarcated region and a building
Santa Marta de Penaguião, Vila Real, Portugal
REF: 686356
€150,000
Description
Agricultural farm with 35,296 m2, composed in part with vineyard land from the Douro demarcated region and a building. The land is right next to the river beach of Fornelos, in the municipality of Santa Marta de Penaguião and district of Vila Real. The land is very close to the town of Fornelos, just over 650 m from the center of the town. The land is partly composed of vines, which are located in flat terrain with good access, via a granite cube sidewalk. The vineyard plots face the stream. There is also another part of the land which is composed of a forest area, where there are oak trees and scattered maritime pine forest. On the land there is also an old building for reconstruction, with an area of 58.00 m2, which faces the path and is just 120 m away from the river beach of Fornelos. This place is very well known in the area, for having an excellent leisure area with a water mirror and banks for bathing, where there is even a bar support point for visitors. *At IAD we share business with any consultant or real estate agency. We promote properties on 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: 94390
Agricultural farm with 35,296 m2, composed in part with vineyard land from the Douro demarcated region and a building. The land is right next to the river beach of Fornelos, in the municipality of Santa Marta de Penaguião and district of Vila Real. The land is very close to the town of Fornelos, just over 650 m from the center of the town. The land is partly composed of vines, which are located in flat terrain with good access, via a granite cube sidewalk. The vineyard plots face the stream. There is also another part of the land which is composed of a forest area, where there are oak trees and scattered maritime pine forest. On the land there is also an old building for reconstruction, with an area of 58.00 m2, which faces the path and is just 120 m away from the river beach of Fornelos. This place is very well known in the area, for having an excellent leisure area with a water mirror and banks for bathing, where there is even a bar support point for visitors. *At IAD we share business with any consultant or real estate agency. We promote properties on 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: 94390
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Currency Exchange
Santa Marta de Penaguião, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £124,247 | £128,918 | £4,671 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £124,247 |
| Maximum cost in the last six months | £128,918 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,671 |
Santa Marta de Penaguião, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £124,247 | £128,918 | £4,671 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £124,247 |
| Maximum cost in the last six months | £128,918 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,671 |
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 £4,671 more.
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