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A fantastic, typically Alentejo estate, in an agricultural reserve area, you will find this organic property, classified as land A and B, with an area of 63 hectares
Grndola, Setúbal, Portugal
REF: 884735
€3,850,000
Description
A fantastic, typically Alentejo estate, in an agricultural reserve area, you will find this organic property, classified as land A and B, with an area of 63 hectares. With large water reserves and a diversity of fauna and flora, it includes 3 large lakes measuring 14, 11 and 6 thousand m2 x ±10 meters deep and two underground rivers. You will find a vast plantation of olive trees, holm oaks, cork oaks, stone pines and thousands of maritime pines. With no crops or treatments for over 30 years, the land is completely organic and ready for any type of plantation. The land is 100% organic and is located within an Agricultural Reserve, which means that 60/70% of the land must be used for agricultural activities. After an analysis, the land is perfectly suited to the cultivation of: Jojoba, Almond, Pistachio, Cork Oak, Olive, Oak with grafted tubara trees, winemaking and many others! You can also invest in rural tourism and build wooden chalets in the pine forest in front of the lakes and thus create a fantastic environment. The property consists of two houses and a warehouse. The first house, from 1699, was converted into rural tourism, a charming house on an Alentejo farm consisting of: - 4 suites - 2 double suites with capacity for up to 22 people. - kitchen, - living room, - outdoor bar and terrace, - barbecue, - saltwater pool and terraces with pergolas for true moments of pure relaxation and rest. The second house dates back to 1899 and is approximately 320m2. It comprises: - 3 suites, - 1 bedroom, - 1 bathroom, - 30m2 living room, - TV room, - kitchen, - wooden windows with double glazing and aluminium shutters, - storage and pantry, - terrace and barbecue. It also includes a multi-purpose warehouse: - 360m2 horse boxes that can be used for events with a capacity for +300 guests (needs to be renovated), - parking, - 2 wells for water supply and - 10 solar panels with 3 phases of electricity supply. Excellent location, very close to beautiful Comporta: - 1 hour from Lisbon and the Algarve - 800 meters from the N-10 exit of the A2 - 25 minutes from Beja Airport - 20 minutes from the Alentejo coast (Melides and Carvalhal) - 30 minutes from Comporta. Types of investment: - rural hotel, - wine tourism, - retreats, - parties and weddings. Come and discover this Alentejo estate with unique characteristics and fall in love with the beauty of nature! #ref: 126919
A fantastic, typically Alentejo estate, in an agricultural reserve area, you will find this organic property, classified as land A and B, with an area of 63 hectares. With large water reserves and a diversity of fauna and flora, it includes 3 large lakes measuring 14, 11 and 6 thousand m2 x ±10 meters deep and two underground rivers. You will find a vast plantation of olive trees, holm oaks, cork oaks, stone pines and thousands of maritime pines. With no crops or treatments for over 30 years, the land is completely organic and ready for any type of plantation. The land is 100% organic and is located within an Agricultural Reserve, which means that 60/70% of the land must be used for agricultural activities. After an analysis, the land is perfectly suited to the cultivation of: Jojoba, Almond, Pistachio, Cork Oak, Olive, Oak with grafted tubara trees, winemaking and many others! You can also invest in rural tourism and build wooden chalets in the pine forest in front of the lakes and thus create a fantastic environment. The property consists of two houses and a warehouse. The first house, from 1699, was converted into rural tourism, a charming house on an Alentejo farm consisting of: - 4 suites - 2 double suites with capacity for up to 22 people. - kitchen, - living room, - outdoor bar and terrace, - barbecue, - saltwater pool and terraces with pergolas for true moments of pure relaxation and rest. The second house dates back to 1899 and is approximately 320m2. It comprises: - 3 suites, - 1 bedroom, - 1 bathroom, - 30m2 living room, - TV room, - kitchen, - wooden windows with double glazing and aluminium shutters, - storage and pantry, - terrace and barbecue. It also includes a multi-purpose warehouse: - 360m2 horse boxes that can be used for events with a capacity for +300 guests (needs to be renovated), - parking, - 2 wells for water supply and - 10 solar panels with 3 phases of electricity supply. Excellent location, very close to beautiful Comporta: - 1 hour from Lisbon and the Algarve - 800 meters from the N-10 exit of the A2 - 25 minutes from Beja Airport - 20 minutes from the Alentejo coast (Melides and Carvalhal) - 30 minutes from Comporta. Types of investment: - rural hotel, - wine tourism, - retreats, - parties and weddings. Come and discover this Alentejo estate with unique characteristics and fall in love with the beauty of nature! #ref: 126919
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Currency Exchange
Grndola, Setúbal, 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 €3,850,000 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 |
|---|---|---|---|
| €3,850,000 | £3,188,994 | £3,308,883 | £119,889 |
| Property Price € | €3,850,000 |
| Minimum cost in the last six months | £3,188,994 |
| Maximum cost in the last six months | £3,308,883 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £119,889 |
Grndola, Setúbal, 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 €3,850,000 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 |
|---|---|---|---|
| €3,850,000 | £3,188,994 | £3,308,883 | £119,889 |
| Property Price € | €3,850,000 |
| Minimum cost in the last six months | £3,188,994 |
| Maximum cost in the last six months | £3,308,883 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £119,889 |
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 £119,889 more.
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