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Rural property of 3 hectares with a registered ruin of 73m2, a water source providing fresh water all year round and stunning views on the valley and forest
Aljezur, Faro, Portugal
REF: 853284
€145,000
Description
Rural property of 3 hectares with a registered ruin of 73m2, a water source providing fresh water all year round and stunning views on the valley and forest. Located 5km from Marmelete, 15km from Aljezur and 30 km from Lagos, in a peaceful area surrounded by hills and very few neighbors. The land is divided in many different flat terraces with a lot of privacy, ideal to put a glamping tent, caravan. Possibility to develop an ago-tourism project, organise outdoor activities, events, retreats… Your imagination is the limit. The current owners have made many roads, all accessible from the main gated entrance, ensuring fire prevention and general maintenance. They have installed several water tanks, two storage units for tools and building materials, garden beds, a compost toilet, a outdoor kitchen… The ruin is located at the bottom of the land close to the water source and to the seasonal river running along the lower extremity of the property. The abundant vegetation and fruit trees surrounding the house provides shade and freshness even during the hottest summers. This microclimate and the fertile soil provides the perfect conditions for agriculture. The upper part of the land more exposed to the sun has a few medronhos, corks, eucalyptus and succulents. Come and discover this small paradise hidden in the Algarvian countryside! Contact us! Born in 2008, IAD is an international group operating in France, Portugal, Spain, Italy, Germany, UK, Mexico and USA. Tell us more about your project, we provide a wide range of services to accompany you. #ref: 122509
Rural property of 3 hectares with a registered ruin of 73m2, a water source providing fresh water all year round and stunning views on the valley and forest. Located 5km from Marmelete, 15km from Aljezur and 30 km from Lagos, in a peaceful area surrounded by hills and very few neighbors. The land is divided in many different flat terraces with a lot of privacy, ideal to put a glamping tent, caravan. Possibility to develop an ago-tourism project, organise outdoor activities, events, retreats… Your imagination is the limit. The current owners have made many roads, all accessible from the main gated entrance, ensuring fire prevention and general maintenance. They have installed several water tanks, two storage units for tools and building materials, garden beds, a compost toilet, a outdoor kitchen… The ruin is located at the bottom of the land close to the water source and to the seasonal river running along the lower extremity of the property. The abundant vegetation and fruit trees surrounding the house provides shade and freshness even during the hottest summers. This microclimate and the fertile soil provides the perfect conditions for agriculture. The upper part of the land more exposed to the sun has a few medronhos, corks, eucalyptus and succulents. Come and discover this small paradise hidden in the Algarvian countryside! Contact us! Born in 2008, IAD is an international group operating in France, Portugal, Spain, Italy, Germany, UK, Mexico and USA. Tell us more about your project, we provide a wide range of services to accompany you. #ref: 122509
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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 €145,000 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 |
|---|---|---|---|
| €145,000 | £120,105 | £124,620 | £4,515 |
| Property Price € | €145,000 |
| Minimum cost in the last six months | £120,105 |
| Maximum cost in the last six months | £124,620 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,515 |
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 €145,000 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 |
|---|---|---|---|
| €145,000 | £120,105 | £124,620 | £4,515 |
| Property Price € | €145,000 |
| Minimum cost in the last six months | £120,105 |
| Maximum cost in the last six months | £124,620 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,515 |
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 £4,515 more.
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