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Portugal - Algarve - Portimão Discover a magnificent 19 hectares estate featuring three separate ruins, a seasonal river, a well and a secluded lake
Portimão, Faro, Portugal
REF: 855634
€350,000
Description
Portugal - Algarve - Portimão Discover a magnificent 19 hectares estate featuring three separate ruins, a seasonal river, a well and a secluded lake. Peaceful Location : Situated a few kilometers from Mexilhoeira Grande and close to the southern coast of Portimão, this property provides a unique opportunity to enjoy country living while remaining near amenities, breathtaking beaches, and highway access. Property Details : Main House : 150 m² to rebuild, registered and legalized, connected to the public electricity grid. It's on an elevated spot offering beautiful open views. Second Ruin : 92 m², registered for housing purposes. Distant sea view from the top of the hill. Rural Building : a third ruin, completely secluded, near a private lake. Non registered. Development Potential : All buildings are located outside the REN and RAN protected zones, meaning there are no restrictions on expansion - a rare opportunity in this region. This estate is perfect for a main residence, a community project or rural tourism. The layout offers endless development possibilities, including a beautiful flat area along the riverbank, ideal for agricultural activities. A private road leads to a secluded lake, completely surrounded by nature. The land features fruit trees, strawberry trees, cork oaks, wild lavender, and more. Contact us to visit this small paradise without further delay ! IAD emerged in Portugal in 2015 and is part of an international group operating in France, Spain, Italy, Germany, UK, Mexico and USA. Tell us more about your project, we provide a wide range of services and we will be glad to accompany you. #ref: 122913
Portugal - Algarve - Portimão Discover a magnificent 19 hectares estate featuring three separate ruins, a seasonal river, a well and a secluded lake. Peaceful Location : Situated a few kilometers from Mexilhoeira Grande and close to the southern coast of Portimão, this property provides a unique opportunity to enjoy country living while remaining near amenities, breathtaking beaches, and highway access. Property Details : Main House : 150 m² to rebuild, registered and legalized, connected to the public electricity grid. It's on an elevated spot offering beautiful open views. Second Ruin : 92 m², registered for housing purposes. Distant sea view from the top of the hill. Rural Building : a third ruin, completely secluded, near a private lake. Non registered. Development Potential : All buildings are located outside the REN and RAN protected zones, meaning there are no restrictions on expansion - a rare opportunity in this region. This estate is perfect for a main residence, a community project or rural tourism. The layout offers endless development possibilities, including a beautiful flat area along the riverbank, ideal for agricultural activities. A private road leads to a secluded lake, completely surrounded by nature. The land features fruit trees, strawberry trees, cork oaks, wild lavender, and more. Contact us to visit this small paradise without further delay ! IAD emerged in Portugal in 2015 and is part of an international group operating in France, Spain, Italy, Germany, UK, Mexico and USA. Tell us more about your project, we provide a wide range of services and we will be glad to accompany you. #ref: 122913
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Currency Exchange
Portimão, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £289,909 | £300,808 | £10,899 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £289,909 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,899 |
Portimão, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £289,909 | £300,808 | £10,899 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £289,909 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,899 |
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 £10,899 more.
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