This is your future business, and your future accommodation, in Alte A huge plot of land, close to the river, currently planted with a citrus and avocado orchard, which needs to be replaced, requiring the remodelling of the entire production and irrigation system, in excess of 30 hectares

Loulé, Faro, Portugal

For Sale

€1,500,000

REF: 791226 €1,500,000


29810 m2

29810 m2

Description

This is your future business, and your future accommodation, in Alte A huge plot of land, close to the river, currently planted with a citrus and avocado orchard, which needs to be replaced, requiring the remodelling of the entire production and irrigation system, in excess of 30 hectares. In the vicinity of Alte, bordering road 124, near Alte, at the exit to São Bartolomeu de Messines, with rural roads built by the owner and with excellent accessibility to public roads.

The drip irrigation system is fed by 4 working artesian boreholes and needs to be recovered and reinstalled. It comprises a warehouse, a house and a cistern with a flat. This property is ideal for investment and for enjoying the countryside, its landscapes and, at the same time, being close to services and social, public and private amenities.

Alte, in the municipality of Loulé, is one of the most typical, historic and best preserved villages in the Algarve. Located in the Barrocal Algarvio, it has a lot to see, such as the Alte Fountains (the small fountain and the large fountain), its beautiful natural pools and waterfalls, churches and hermitages.

From the town of Alte to the beautiful beaches of the Algarve coast or Faro International Airport, it's around 35 kilometres and is served by the National Road 124 (Silves-Mértola), with good connections to the municipalities of Albufeira, Silves and, to the north, Almodôvar (Alentejo). Distance to points of interest - Faro Airport (35 km), Motorway (10 km), Supermarket (1 km), Beach (30 km), Municipal Market (1 km), Pharmacy (1 km), Hospital (13 km), Bus (1 km), Golf (25 km), Restaurants (1 km), Bars (1 km), Shopping Centre (30 km).

Come and see this magnificent opportunity. With the necessary refurbishments and authorisations, you can apply to the relevant authorities to change the property to residential and extend it, transforming this space into a fantastic permanent home, in complete harmony with nature. You can't miss the opportunity to buy this property, located just a few minutes from Alte, Loulé and São Bartolomeu de Messines, with its own access and public transport to and from all the cities in the Algarve.

Ideal for rural investment, with excellent annual returns, or for your own home. This is the ideal place to turn your dreams into reality. Choose IAD for Your Real Estate Journey By choosing an IAD consultant, you will benefit from the support of the largest network of independent property consultants in Portugal.

IAD is a network of estate agents based on an innovative model that values the close relationship between the estate agent and the client. The success of the IAD group is evident in the thousands of consultants, online adverts and successful transactions. Count on us to make your dream of owning this incredible property in Vila do Algoz a reality.

Don't miss out on this unique opportunity! Book your visit now and turn this property into your business or your refuge in the Algarve. Contact us today for more information and to explore this exceptional offer. #ref: 112649
This is your future business, and your future accommodation, in Alte A huge plot of land, close to the river, currently planted with a citrus and avocado orchard, which needs to be replaced, requiring the remodelling of the entire production and irrigation system, in excess of 30 hectares. In the vicinity of Alte, bordering road 124, near Alte, at the exit to São Bartolomeu de Messines, with rural roads built by the owner and with excellent accessibility to public roads.

The drip irrigation system is fed by 4 working artesian boreholes and needs to be recovered and reinstalled. It comprises a warehouse, a house and a cistern with a flat. This property is ideal for investment and for enjoying the countryside, its landscapes and, at the same time, being close to services and social, public and private amenities.

Alte, in the municipality of Loulé, is one of the most typical, historic and best preserved villages in the Algarve. Located in the Barrocal Algarvio, it has a lot to see, such as the Alte Fountains (the small fountain and the large fountain), its beautiful natural pools and waterfalls, churches and hermitages.

From the town of Alte to the beautiful beaches of the Algarve coast or Faro International Airport, it's around 35 kilometres and is served by the National Road 124 (Silves-Mértola), with good connections to the municipalities of Albufeira, Silves and, to the north, Almodôvar (Alentejo). Distance to points of interest - Faro Airport (35 km), Motorway (10 km), Supermarket (1 km), Beach (30 km), Municipal Market (1 km), Pharmacy (1 km), Hospital (13 km), Bus (1 km), Golf (25 km), Restaurants (1 km), Bars (1 km), Shopping Centre (30 km).

Come and see this magnificent opportunity. With the necessary refurbishments and authorisations, you can apply to the relevant authorities to change the property to residential and extend it, transforming this space into a fantastic permanent home, in complete harmony with nature. You can't miss the opportunity to buy this property, located just a few minutes from Alte, Loulé and São Bartolomeu de Messines, with its own access and public transport to and from all the cities in the Algarve.

Ideal for rural investment, with excellent annual returns, or for your own home. This is the ideal place to turn your dreams into reality. Choose IAD for Your Real Estate Journey By choosing an IAD consultant, you will benefit from the support of the largest network of independent property consultants in Portugal.

IAD is a network of estate agents based on an innovative model that values the close relationship between the estate agent and the client. The success of the IAD group is evident in the thousands of consultants, online adverts and successful transactions. Count on us to make your dream of owning this incredible property in Vila do Algoz a reality.

Don't miss out on this unique opportunity! Book your visit now and turn this property into your business or your refuge in the Algarve. Contact us today for more information and to explore this exceptional offer. #ref: 112649
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Property on Map

#112649

Currency Exchange

Loulé, 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 €1,500,000 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
€1,500,000 £1,247,820 £1,290,930 £43,110
Property Price € €1,500,000
Minimum cost in the last six months £1,247,820
Maximum cost in the last six months £1,290,930
Fluctuating exchange rates over the last six months could have increased the cost of this property by £43,110

Loulé, 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 €1,500,000 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
€1,500,000 £1,247,820 £1,290,930 £43,110
Property Price € €1,500,000
Minimum cost in the last six months £1,247,820
Maximum cost in the last six months £1,290,930
Fluctuating exchange rates over the last six months could have increased the cost of this property by £43,110

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 £43,110 more.

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