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Estate with 218ha next to Ribeira de Odelouca for Sale - Silves
Silves, Faro, Portugal, 8300-037
REF: 859533
€9,950,000
Description
Estate in the municipality of Silves with 218.1ha, next to Ribeira de Odelouca, with agroforestry use and tourist vocation, located 20km (20min) from Portimão and Alvor and 16km from Silves.
The agroforestry operation consists of a citrus area with an extension of 25ha in full production and a forest exploitation with 158ha, of which 120.47ha are stone pines, 22.12ha of strawberry trees and 15.39ha of cork oaks. and 1ha of Eucalyptus.
There are five buildings for housing and 4 warehouses on the property, which total a gross built area of more than 1,000m .
The property is infrastructured with 7 small dams, a pumping and drip irrigation system and a water distribution and supply system.
The property is part of a Tourist Hunting Area.
It is therefore a property with great potential for agricultural development (great winemaking potential in addition to citriculture), forestry and hunting.
Due to its location, peacefulness and richness of natural and landscape resources, it also has enormous potential for the development of nature tourism with great biodiversity, a large extension of pedestrian paths and the possibility of developing leisure places and activities, with increasing demand.
Our company assists in all sectors, such as how to obtain the best exchange rates, account opening and bank loan documentation, carrying out improvement works, etc.
Don't miss this opportunity and contact us for a visit.
Estate in the municipality of Silves with 218.1ha, next to Ribeira de Odelouca, with agroforestry use and tourist vocation, located 20km (20min) from Portimão and Alvor and 16km from Silves.
The agroforestry operation consists of a citrus area with an extension of 25ha in full production and a forest exploitation with 158ha, of which 120.47ha are stone pines, 22.12ha of strawberry trees and 15.39ha of cork oaks. and 1ha of Eucalyptus.
There are five buildings for housing and 4 warehouses on the property, which total a gross built area of more than 1,000m .
The property is infrastructured with 7 small dams, a pumping and drip irrigation system and a water distribution and supply system.
The property is part of a Tourist Hunting Area.
It is therefore a property with great potential for agricultural development (great winemaking potential in addition to citriculture), forestry and hunting.
Due to its location, peacefulness and richness of natural and landscape resources, it also has enormous potential for the development of nature tourism with great biodiversity, a large extension of pedestrian paths and the possibility of developing leisure places and activities, with increasing demand.
Our company assists in all sectors, such as how to obtain the best exchange rates, account opening and bank loan documentation, carrying out improvement works, etc.
Don't miss this opportunity and contact us for a visit.
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Property on Map
Currency Exchange
Silves, Faro, Portugal, 8300-037
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 €9,950,000 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 |
|---|---|---|---|
| €9,950,000 | £8,241,685 | £8,551,528 | £309,843 |
| Property Price € | €9,950,000 |
| Minimum cost in the last six months | £8,241,685 |
| Maximum cost in the last six months | £8,551,528 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £309,843 |
Silves, Faro, Portugal, 8300-037
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 €9,950,000 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 |
|---|---|---|---|
| €9,950,000 | £8,241,685 | £8,551,528 | £309,843 |
| Property Price € | €9,950,000 |
| Minimum cost in the last six months | £8,241,685 |
| Maximum cost in the last six months | £8,551,528 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £309,843 |
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 £309,843 more.
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