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Mixed land of 11 hectares in Odeleite
Azinhal, Faro, Portugal
REF: 895674
€940,000
Description
Mixed land of 11 hectares in Odeleite. It includes a house, industrial structures and a pine plantation. It is located next to the village of Odeleite and the dam reservoir. This land benefits from fantastic views and is ideal for building a house or a farm and also has potential for rural tourism. It has good access via tar road, is close to the IC27 and is approximately 15 minutes from coastal locations, as well as the access point to the motorway and Spain. The land is included in the municipal planning plan of the PDM of Castro Marim where it is possible to build: Sustainable agriculture and tourism projects, agro tourism, camping. TO HAVE. It is allowed to build a house - up to 500sqm. Tourism in rural areas - up to 2000sqm. Maximum height of 7.5 meters on up to two floors. Just 25 minutes from the best beaches in the Algarve. 20 minutes from the Border with Spain Ayamonte. Excellent business opportunity! Casas do Sotavento is a prestigious family company that stands out for the high quality standard of its products and projects. Recognized both in Portugal and abroad, the company's mission is to provide an easy and smooth experience for its customers, employees and investors. Contact us for more information or to schedule a visit. - We assist in the entire Buying and Selling process
Mixed land of 11 hectares in Odeleite. It includes a house, industrial structures and a pine plantation. It is located next to the village of Odeleite and the dam reservoir. This land benefits from fantastic views and is ideal for building a house or a farm and also has potential for rural tourism. It has good access via tar road, is close to the IC27 and is approximately 15 minutes from coastal locations, as well as the access point to the motorway and Spain. The land is included in the municipal planning plan of the PDM of Castro Marim where it is possible to build: Sustainable agriculture and tourism projects, agro tourism, camping. TO HAVE. It is allowed to build a house - up to 500sqm. Tourism in rural areas - up to 2000sqm. Maximum height of 7.5 meters on up to two floors. Just 25 minutes from the best beaches in the Algarve. 20 minutes from the Border with Spain Ayamonte. Excellent business opportunity! Casas do Sotavento is a prestigious family company that stands out for the high quality standard of its products and projects. Recognized both in Portugal and abroad, the company's mission is to provide an easy and smooth experience for its customers, employees and investors. Contact us for more information or to schedule a visit. - We assist in the entire Buying and Selling process
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Currency Exchange
Azinhal, 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 €940,000 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 |
|---|---|---|---|
| €940,000 | £778,611 | £807,883 | £29,272 |
| Property Price € | €940,000 |
| Minimum cost in the last six months | £778,611 |
| Maximum cost in the last six months | £807,883 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,272 |
Azinhal, 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 €940,000 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 |
|---|---|---|---|
| €940,000 | £778,611 | £807,883 | £29,272 |
| Property Price € | €940,000 |
| Minimum cost in the last six months | £778,611 |
| Maximum cost in the last six months | £807,883 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,272 |
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 £29,272 more.
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