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Land with 2500 m2 located in the beautiful area of Ventosa, next to the "Oak Nature" hotel, with excellent access via the N103 or N304, recently paved roads that connect to Rio Caldo
Vieira do Minho, Braga, Portugal
REF: 893883
€103,000
Description
Land with 2500 m2 located in the beautiful area of Ventosa, next to the "Oak Nature" hotel, with excellent access via the N103 or N304, recently paved roads that connect to Rio Caldo. Located in an area suitable for construction, awaiting a response to the licensing request already made to Vieira do Minho City Hall. When licensed, it will be possible to subdivide into 2 or 3 lots, with a built area of up to 60% of the total area of the property. Located in a quiet area, with excellent sun exposure, it offers a stunning panoramic view over the Peneda-Gerês National Park (PNPG), the Caniçada reservoir and the Rio Caldo bridges. The Gerês and Amarela mountains are lost on the horizon. Excellent land for tourist investment, with a fantastic strategic location due to its proximity to Vila do Gerês, Porto Caldo and the Sanctuary of S. Bento da Porta Aberta, the second largest Portuguese sanctuary that attracts hundreds of thousands of pilgrims annually. Close to the best river beaches and leisure facilities in Gerês, it provides close access to all services, schools, restaurants and supermarkets. #ref: 128605
Land with 2500 m2 located in the beautiful area of Ventosa, next to the "Oak Nature" hotel, with excellent access via the N103 or N304, recently paved roads that connect to Rio Caldo. Located in an area suitable for construction, awaiting a response to the licensing request already made to Vieira do Minho City Hall. When licensed, it will be possible to subdivide into 2 or 3 lots, with a built area of up to 60% of the total area of the property. Located in a quiet area, with excellent sun exposure, it offers a stunning panoramic view over the Peneda-Gerês National Park (PNPG), the Caniçada reservoir and the Rio Caldo bridges. The Gerês and Amarela mountains are lost on the horizon. Excellent land for tourist investment, with a fantastic strategic location due to its proximity to Vila do Gerês, Porto Caldo and the Sanctuary of S. Bento da Porta Aberta, the second largest Portuguese sanctuary that attracts hundreds of thousands of pilgrims annually. Close to the best river beaches and leisure facilities in Gerês, it provides close access to all services, schools, restaurants and supermarkets. #ref: 128605
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Currency Exchange
Vieira do Minho, Braga, 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 €103,000 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 |
|---|---|---|---|
| €103,000 | £85,316 | £88,523 | £3,207 |
| Property Price € | €103,000 |
| Minimum cost in the last six months | £85,316 |
| Maximum cost in the last six months | £88,523 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,207 |
Vieira do Minho, Braga, 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 €103,000 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 |
|---|---|---|---|
| €103,000 | £85,316 | £88,523 | £3,207 |
| Property Price € | €103,000 |
| Minimum cost in the last six months | £85,316 |
| Maximum cost in the last six months | £88,523 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,207 |
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 £3,207 more.
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