Search
Ruin with 1254 gross construction area on urban land with 3066m2 Urban land with 3066m2 located in Sintra with privileged views of the Castelo dos Mouros, Palácio da Pena and Quinta da Regaleira
Sintra, Lisboa, Portugal
REF: 793048
€1,200,000
Description
Ruin with 1254 gross construction area on urban land with 3066m2 Urban land with 3066m2 located in Sintra with privileged views of the Castelo dos Mouros, Palácio da Pena and Quinta da Regaleira. This land has ruins over 300 years old with a gross construction area of 1254m2. The location of this property benefits from its involvement with the mystical nature that Sintra has accustomed us to over many centuries. The singing of birds, the sound of water running in the neighboring property's stream, and the gentle breeze of the wind are predominant factors in this landscape setting, making the site ideal for various tourism projects. Just give free rein to your imagination. Due to its location, this property is covered by tax benefits to support historic recovery and preservation. Sustainable Tourism Growth: The local tourism industry is popular with more than 5 million tourists per year and is growing every year. This provides investors with the guarantee of investment with a guaranteed return. Accommodation Deficit: The continuous deficit in tourist accommodation presents a profitable niche market for investors, ready to meet this demand. Interest of the Municipality: The municipality supports the recovery of the historical heritage of central Sintra (ARU zone) and offers tax benefits to developers (6% VAT instead of 23%). #ref: 112947
Ruin with 1254 gross construction area on urban land with 3066m2 Urban land with 3066m2 located in Sintra with privileged views of the Castelo dos Mouros, Palácio da Pena and Quinta da Regaleira. This land has ruins over 300 years old with a gross construction area of 1254m2. The location of this property benefits from its involvement with the mystical nature that Sintra has accustomed us to over many centuries. The singing of birds, the sound of water running in the neighboring property's stream, and the gentle breeze of the wind are predominant factors in this landscape setting, making the site ideal for various tourism projects. Just give free rein to your imagination. Due to its location, this property is covered by tax benefits to support historic recovery and preservation. Sustainable Tourism Growth: The local tourism industry is popular with more than 5 million tourists per year and is growing every year. This provides investors with the guarantee of investment with a guaranteed return. Accommodation Deficit: The continuous deficit in tourist accommodation presents a profitable niche market for investors, ready to meet this demand. Interest of the Municipality: The municipality supports the recovery of the historical heritage of central Sintra (ARU zone) and offers tax benefits to developers (6% VAT instead of 23%). #ref: 112947
Read More
Property on Map
Currency Exchange
Sintra, Lisboa, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £993,972 | £1,031,340 | £37,368 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £993,972 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,368 |
Sintra, Lisboa, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £993,972 | £1,031,340 | £37,368 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £993,972 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,368 |
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 £37,368 more.
Search popular regions
Useful links
Hi {{firstName}},
Enquire about this property
Make an Enquiry on this property
No Yes
No Yes
I agree to be connected with a trusted property agent who will receive
these details.
We handle your data with care and only ever as outlined in our
Privacy Policy
Thank you for your
enquiry!
Our partner agent will be in touch with you shortly.
Our partner agent will be in touch with you shortly.
Enquire about this property
No
Yes
No
Yes
I agree to be connected with the property agent for more detail on this
listing.
We handle your data with care and only ever as outlined in our
Privacy Policy
