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Countryside Oasis: Large Land with Lake and Cork Trees
Lagos, Faro, Portugal, 8600-013
REF: 742557
€395,000
Description
Explore 303,162sqm of rustic land in Barão de São João's serene backcountry. An old Medronho Farm, year-round lake, fruit trees, and cork trees await. Unlock potential with a rural tourism project on 2,000 sqm. Discover this unique large property in the backcountry of Barão de São João. With 303,162 square meters of rustic land to call your own, this parcel offers an opportunity to experience the very essence of the Algarve countryside.
At the heart of this property stands an old Medronho Farm, a living relic of the region's agricultural past. Currently serving as a horse shed, this structure provides the canvas for a small house or Shed.
One of the property's standout features is a tranquil lake that maintains its water supply year-round. Beyond its aesthetic appeal, this serene water feature lends itself to leisure and recreation, from fishing to leisurely boat rides, providing a serene oasis for relaxation.
Besides several fruit trees there are numerous cork trees that provide both an environmentally sustainable resource and an added touch of natural beauty. The potential to harvest cork from these trees not only benefits the environment but offers economic prospects.
Perhaps the most exciting aspect of this property is the possibility to develop a rural tourism project, with a generous allowance of up to 2,000 square meters. Whether you envision a charming bed and breakfast, an eco-friendly retreat, or a secluded countryside resort, this land provides a captivating backdrop for your imaginative ventures.
Located in the serene Barão de São João backcountry, this property offers a respite from urban life while still ensuring proximity to essential amenities and services. The allure of a potential rural tourism venture makes this an investment worth considering.
Explore 303,162sqm of rustic land in Barão de São João's serene backcountry. An old Medronho Farm, year-round lake, fruit trees, and cork trees await. Unlock potential with a rural tourism project on 2,000 sqm. Discover this unique large property in the backcountry of Barão de São João. With 303,162 square meters of rustic land to call your own, this parcel offers an opportunity to experience the very essence of the Algarve countryside.
At the heart of this property stands an old Medronho Farm, a living relic of the region's agricultural past. Currently serving as a horse shed, this structure provides the canvas for a small house or Shed.
One of the property's standout features is a tranquil lake that maintains its water supply year-round. Beyond its aesthetic appeal, this serene water feature lends itself to leisure and recreation, from fishing to leisurely boat rides, providing a serene oasis for relaxation.
Besides several fruit trees there are numerous cork trees that provide both an environmentally sustainable resource and an added touch of natural beauty. The potential to harvest cork from these trees not only benefits the environment but offers economic prospects.
Perhaps the most exciting aspect of this property is the possibility to develop a rural tourism project, with a generous allowance of up to 2,000 square meters. Whether you envision a charming bed and breakfast, an eco-friendly retreat, or a secluded countryside resort, this land provides a captivating backdrop for your imaginative ventures.
Located in the serene Barão de São João backcountry, this property offers a respite from urban life while still ensuring proximity to essential amenities and services. The allure of a potential rural tourism venture makes this an investment worth considering.
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Currency Exchange
Lagos, Faro, Portugal, 8600-013
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 €395,000 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 |
|---|---|---|---|
| €395,000 | £327,182 | £339,483 | £12,300 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £327,182 |
| Maximum cost in the last six months | £339,483 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,300 |
Lagos, Faro, Portugal, 8600-013
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 €395,000 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 |
|---|---|---|---|
| €395,000 | £327,182 | £339,483 | £12,300 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £327,182 |
| Maximum cost in the last six months | £339,483 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,300 |
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 £12,300 more.
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