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Located in the charming and historic village of Terena, in the municipality of Alandroal, there is a 440m² plot of land that offers the unique opportunity to build the house of your dreams
Alandroal, Évora, Portugal
REF: 835517
€85,000
Description
Located in the charming and historic village of Terena, in the municipality of Alandroal, there is a 440m² plot of land that offers the unique opportunity to build the house of your dreams. This land, with incomparable potential, is located in one of the most picturesque and serene villages in Alentejo, where the past and present intertwine harmoniously. Terena is known for its unique beauty, characterized by cobbled streets, whitewashed houses and monuments that bear witness to centuries of history. The village is a true haven of tranquility, offering a calm and welcoming environment, ideal for those looking for a more serene lifestyle in communion with nature. The surroundings of the municipality of Alandroal further enrich this offer. With stunning landscapes, green fields and a rich cultural heritage, Alandroal is a place where Alentejo tradition is kept alive. Here, life runs to the rhythm of the seasons, with festivals and events that celebrate local heritage, typical cuisine and the hospitality of its people. Furthermore, the proximity of Terena, to Alqueva with its river beaches adds even more value to the house you may build. One of the most important historical landmarks in the region, Terena Castle and the Boa Nova Church, add a special charm. The 440m² plot of land is perfect for building a house that can be customized to the taste of whoever will live there, (however, it has a project approved by the Alandroal city council, which can be used...), guaranteeing comfort and well-being. The possibility of creating a home in this idyllic setting is a rare opportunity, combining modernity and tradition in one place. Come and discover Terena and let yourself be enchanted by this piece of Alentejo paradise. This land awaits you to bring your dream of a perfect home to life, in a place where peace and natural beauty are a constant. Don't wait any longer, come visit and don't miss this opportunity. #ref: 119823
Located in the charming and historic village of Terena, in the municipality of Alandroal, there is a 440m² plot of land that offers the unique opportunity to build the house of your dreams. This land, with incomparable potential, is located in one of the most picturesque and serene villages in Alentejo, where the past and present intertwine harmoniously. Terena is known for its unique beauty, characterized by cobbled streets, whitewashed houses and monuments that bear witness to centuries of history. The village is a true haven of tranquility, offering a calm and welcoming environment, ideal for those looking for a more serene lifestyle in communion with nature. The surroundings of the municipality of Alandroal further enrich this offer. With stunning landscapes, green fields and a rich cultural heritage, Alandroal is a place where Alentejo tradition is kept alive. Here, life runs to the rhythm of the seasons, with festivals and events that celebrate local heritage, typical cuisine and the hospitality of its people. Furthermore, the proximity of Terena, to Alqueva with its river beaches adds even more value to the house you may build. One of the most important historical landmarks in the region, Terena Castle and the Boa Nova Church, add a special charm. The 440m² plot of land is perfect for building a house that can be customized to the taste of whoever will live there, (however, it has a project approved by the Alandroal city council, which can be used...), guaranteeing comfort and well-being. The possibility of creating a home in this idyllic setting is a rare opportunity, combining modernity and tradition in one place. Come and discover Terena and let yourself be enchanted by this piece of Alentejo paradise. This land awaits you to bring your dream of a perfect home to life, in a place where peace and natural beauty are a constant. Don't wait any longer, come visit and don't miss this opportunity. #ref: 119823
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Currency Exchange
Alandroal, Évora, 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 €85,000 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 |
|---|---|---|---|
| €85,000 | £70,032 | £73,053 | £3,022 |
| Property Price € | €85,000 |
| Minimum cost in the last six months | £70,032 |
| Maximum cost in the last six months | £73,053 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,022 |
Alandroal, Évora, 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 €85,000 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 |
|---|---|---|---|
| €85,000 | £70,032 | £73,053 | £3,022 |
| Property Price € | €85,000 |
| Minimum cost in the last six months | £70,032 |
| Maximum cost in the last six months | £73,053 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,022 |
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 £3,022 more.
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