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Coastal Paradise: Unique Property with Leased Greenhouses
Aljezur, Faro, Portugal
REF: 816002
€689,000
Description
Located in one of Portugal's most stunning and sought-after regions, this unique property offers an exceptional opportunity for those seeking a tranquil lifestyle close to nature. With 5 hectares of rustic land, this property is situated in the charming area of Torre, in Odeceixe, on the breathtaking Costa Vicentina.The property boasts a variety of features that make it truly special. Currently, it includes leased greenhouses, providing a stable source of income until 2027. The privileged location of the property couldn't be better, being only 3 km from the charming village of Zambujeira do Mar and the picturesque town of Sto Teotónio. The proximity to Aljezur adds even more convenience, while the famous beach of Zambujeira do Mar attracts surfers and water sports enthusiasts from around the world.With such a diverse range of spaces and possibilities, this property on the Costa Vicentina represents not only a charming family residence but also a unique investment opportunity in one of Portugal's most sought-after and stunning areas. Don't miss the chance to be part of this vibrant and welcoming community, where the tranquil lifestyle meets the unparalleled natural beauty of the region
Located in one of Portugal's most stunning and sought-after regions, this unique property offers an exceptional opportunity for those seeking a tranquil lifestyle close to nature. With 5 hectares of rustic land, this property is situated in the charming area of Torre, in Odeceixe, on the breathtaking Costa Vicentina.The property boasts a variety of features that make it truly special. Currently, it includes leased greenhouses, providing a stable source of income until 2027. The privileged location of the property couldn't be better, being only 3 km from the charming village of Zambujeira do Mar and the picturesque town of Sto Teotónio. The proximity to Aljezur adds even more convenience, while the famous beach of Zambujeira do Mar attracts surfers and water sports enthusiasts from around the world.With such a diverse range of spaces and possibilities, this property on the Costa Vicentina represents not only a charming family residence but also a unique investment opportunity in one of Portugal's most sought-after and stunning areas. Don't miss the chance to be part of this vibrant and welcoming community, where the tranquil lifestyle meets the unparalleled natural beauty of the region
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Currency Exchange
Aljezur, 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 €689,000 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 |
|---|---|---|---|
| €689,000 | £570,706 | £592,161 | £21,455 |
| Property Price € | €689,000 |
| Minimum cost in the last six months | £570,706 |
| Maximum cost in the last six months | £592,161 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,455 |
Aljezur, 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 €689,000 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 |
|---|---|---|---|
| €689,000 | £570,706 | £592,161 | £21,455 |
| Property Price € | €689,000 |
| Minimum cost in the last six months | £570,706 |
| Maximum cost in the last six months | £592,161 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,455 |
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 £21,455 more.
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