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Fantastic Plot with approved Project for Theme Park in Silves, Algarve
Silves, Faro, Portugal, 8375-009
REF: 887507
€15,000,000
Description
Fantastic plot of just over 80 hectares in a very pleasant natural environment, close to the main Lisbon-Albufeira road.
Project for a theme park that includes a multi-purpose pavilion, a Forum, shopping and dining areas, and two housing areas, with 2 hotels, an apart-hotel, tourist apartments and villas.
The project, for which a collaborative partnership was signed with C.M. de Silves
Excellent investment opportunity! Fantastic plot of just over 80 ha in a very pleasant natural environment, close to the main Lisbon-Albufeira road, with a project for a theme park that includes a multipurpose pavilion, a Forum, shopping and dining areas, and two housing areas, with 2 hotels, an apart-hotel, tourist apartments and villas.
The project, for which a collaborative partnership was signed with C.M. de Silves, contemplates the following areas:
- Theme park, 244.419 sq.m.;
- Commercial and catering area, 10,000 sq.m.;
- Multiuse Pavilion, 6.000 sq.m.;
- Trade Center, 5.000 sq.m.;
- Hotel 1, implantation 23.330 sq.m., total area 35.000 sq.m.;
- Hotel 2, implantation 13.334 sq.m., total area 20.000 sq.m.;
- Apartotel, implantation 14.660 sq.m., total area 22.000 sq.m.;
- Housing area with houses, implantation 31.500 sq.m., total area 63.000 sq.m.;
- Residential area with apartments, 32.625 sq.m., total area 65.250 sq.m.;
Excellent project, and an excellent investment opportunity!
Fantastic plot of just over 80 hectares in a very pleasant natural environment, close to the main Lisbon-Albufeira road.
Project for a theme park that includes a multi-purpose pavilion, a Forum, shopping and dining areas, and two housing areas, with 2 hotels, an apart-hotel, tourist apartments and villas.
The project, for which a collaborative partnership was signed with C.M. de Silves
Excellent investment opportunity! Fantastic plot of just over 80 ha in a very pleasant natural environment, close to the main Lisbon-Albufeira road, with a project for a theme park that includes a multipurpose pavilion, a Forum, shopping and dining areas, and two housing areas, with 2 hotels, an apart-hotel, tourist apartments and villas.
The project, for which a collaborative partnership was signed with C.M. de Silves, contemplates the following areas:
- Theme park, 244.419 sq.m.;
- Commercial and catering area, 10,000 sq.m.;
- Multiuse Pavilion, 6.000 sq.m.;
- Trade Center, 5.000 sq.m.;
- Hotel 1, implantation 23.330 sq.m., total area 35.000 sq.m.;
- Hotel 2, implantation 13.334 sq.m., total area 20.000 sq.m.;
- Apartotel, implantation 14.660 sq.m., total area 22.000 sq.m.;
- Housing area with houses, implantation 31.500 sq.m., total area 63.000 sq.m.;
- Residential area with apartments, 32.625 sq.m., total area 65.250 sq.m.;
Excellent project, and an excellent investment opportunity!
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Property on Map
Currency Exchange
Silves, Faro, Portugal, 8375-009
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 €15,000,000 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 |
|---|---|---|---|
| €15,000,000 | £12,477,000 | £12,909,300 | £432,300 |
| Property Price € | €15,000,000 |
| Minimum cost in the last six months | £12,477,000 |
| Maximum cost in the last six months | £12,909,300 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £432,300 |
Silves, Faro, Portugal, 8375-009
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 €15,000,000 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 |
|---|---|---|---|
| €15,000,000 | £12,477,000 | £12,909,300 | £432,300 |
| Property Price € | €15,000,000 |
| Minimum cost in the last six months | £12,477,000 |
| Maximum cost in the last six months | £12,909,300 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £432,300 |
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 £432,300 more.
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