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Mixed land with ruins, overlooking the Mountains, situated in the tranquility of the area of Almarjão, Malhada Velha in the municipality, Querença, Tôr and Benafim, with roads in good condition that allow the communication of the same with Loulé and São Brás 9 km away, 5 km from Querença and 7 km fr
São Clemente, Faro, Portugal
REF: 895698
€470,000
Description
Mixed land with ruins, overlooking the Mountains, situated in the tranquility of the area of Almarjão, Malhada Velha in the municipality, Querença, Tôr and Benafim, with roads in good condition that allow the communication of the same with Loulé and São Brás 9 km away, 5 km from Querença and 7 km from Resort Quinta da Umbria. Pleasant environment to the redores for hiking or walking and enjoy the fragrances of wild plants characteristic of the Algarvian barrocal. It has 100,000sqm in its total, 89000sqm of rustic land and 11000sqm of urban land, which has a covered area of 200sqm and 10 800sqm of uncovered area. It has two homes for housing and benefits from electricity 50 m away. Possibility of ading one or more dams due to water passing on the surface. In the MDP of the municipality of Loulé the buildings are located in a protection production area space, which allows the construction of two dwellings intended for housing with an area of 300sqm each; or the construction of two tourist developments with the total construction area of 4,000sqm (each description 2,000sqm) (b) of Article 88(4). B of the MDP. The entire property has been treated over the years and has as added value its size, location and constructive potential. If you are looking for a land with these characteristics, for your family home, or if you want to create a project, for tourism do not miss this opportunity and schedule your visit.
Mixed land with ruins, overlooking the Mountains, situated in the tranquility of the area of Almarjão, Malhada Velha in the municipality, Querença, Tôr and Benafim, with roads in good condition that allow the communication of the same with Loulé and São Brás 9 km away, 5 km from Querença and 7 km from Resort Quinta da Umbria. Pleasant environment to the redores for hiking or walking and enjoy the fragrances of wild plants characteristic of the Algarvian barrocal. It has 100,000sqm in its total, 89000sqm of rustic land and 11000sqm of urban land, which has a covered area of 200sqm and 10 800sqm of uncovered area. It has two homes for housing and benefits from electricity 50 m away. Possibility of ading one or more dams due to water passing on the surface. In the MDP of the municipality of Loulé the buildings are located in a protection production area space, which allows the construction of two dwellings intended for housing with an area of 300sqm each; or the construction of two tourist developments with the total construction area of 4,000sqm (each description 2,000sqm) (b) of Article 88(4). B of the MDP. The entire property has been treated over the years and has as added value its size, location and constructive potential. If you are looking for a land with these characteristics, for your family home, or if you want to create a project, for tourism do not miss this opportunity and schedule your visit.
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Currency Exchange
São Clemente, 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 €470,000 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 |
|---|---|---|---|
| €470,000 | £390,984 | £404,491 | £13,508 |
| Property Price € | €470,000 |
| Minimum cost in the last six months | £390,984 |
| Maximum cost in the last six months | £404,491 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,508 |
São Clemente, 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 €470,000 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 |
|---|---|---|---|
| €470,000 | £390,984 | £404,491 | £13,508 |
| Property Price € | €470,000 |
| Minimum cost in the last six months | £390,984 |
| Maximum cost in the last six months | £404,491 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,508 |
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 £13,508 more.
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