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These two buildings, of simple architecture, in the style of a rural village in the municipality of Rio Maior, in the district of Santarém, occupy 42,000 m2 [1/3 of which are cork oaks, another 1/3 of which are eucalyptus (which are being cut down), including 1/3 of which is a vast cleared area, sui
Rio Maior, Santarém, Portugal
REF: 855617
€255,000
Description
These two buildings, of simple architecture, in the style of a rural village in the municipality of Rio Maior, in the district of Santarém, occupy 42,000 m2 [1/3 of which are cork oaks, another 1/3 of which are eucalyptus (which are being cut down), including 1/3 of which is a vast cleared area, suitable for cultivation or grazing for animals], and have excellent sun exposure. This is an excellent opportunity to build the house of your dreams, transforming ruins into a home to your wishes, with large areas, far from the city, but close to the main urban centres, and which can provide you with the comfort of home or a leisure and holiday retreat. Just 10 minutes from Rio Maior, the same as Benedita [Alcobaça municipality], 23 minutes from Caldas da Rainha, close to services, shops, schools, a health centre, hospital, shopping centres, cinemas, cultural venues, monuments, restaurants, bars, half an hour from Foz do Arelho beach [Caldas da Rainha], it's an option to consider in your investment plans. Come and see it. #ref: 122812
These two buildings, of simple architecture, in the style of a rural village in the municipality of Rio Maior, in the district of Santarém, occupy 42,000 m2 [1/3 of which are cork oaks, another 1/3 of which are eucalyptus (which are being cut down), including 1/3 of which is a vast cleared area, suitable for cultivation or grazing for animals], and have excellent sun exposure. This is an excellent opportunity to build the house of your dreams, transforming ruins into a home to your wishes, with large areas, far from the city, but close to the main urban centres, and which can provide you with the comfort of home or a leisure and holiday retreat. Just 10 minutes from Rio Maior, the same as Benedita [Alcobaça municipality], 23 minutes from Caldas da Rainha, close to services, shops, schools, a health centre, hospital, shopping centres, cinemas, cultural venues, monuments, restaurants, bars, half an hour from Foz do Arelho beach [Caldas da Rainha], it's an option to consider in your investment plans. Come and see it. #ref: 122812
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Currency Exchange
Rio Maior, Santarém, 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 €255,000 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 |
|---|---|---|---|
| €255,000 | £211,219 | £219,160 | £7,941 |
| Property Price € | €255,000 |
| Minimum cost in the last six months | £211,219 |
| Maximum cost in the last six months | £219,160 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,941 |
Rio Maior, Santarém, 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 €255,000 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 |
|---|---|---|---|
| €255,000 | £211,219 | £219,160 | £7,941 |
| Property Price € | €255,000 |
| Minimum cost in the last six months | £211,219 |
| Maximum cost in the last six months | £219,160 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,941 |
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 £7,941 more.
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