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Land with just over 80 ha in a very pleasant natural environment, near the main road Lisbon-Albufeira, with project for a theme park that includes a multipurpose pavilion, a Forum, commercial and dining areas, and two housing areas, with 2 hotels, an apartotel, tourist apartments and villas
São Bartolomeu de Messines, Faro, Portugal
REF: 895787
€15,000,000
Description
Land with just over 80 ha in a very pleasant natural environment, near the main road Lisbon-Albufeira, with project for a theme park that includes a multipurpose pavilion, a Forum, commercial and dining areas, and two housing areas, with 2 hotels, an apartotel, tourist apartments and villas. The project, for which a collaborative partnership was signed with CM de Silves, covers the following areas: - Theme park, 244,419sqm; - Commercial and restaurant area, 10,000sqm; - Multipurpose Pavilion, 6,000sqm; - Trade Center, 5,000sqm; - Hotel 1, deployment 23,330sqm, total area 35,000sqm; - Hotel 2, deployment 13,334sqm, total area 20,000sqm; - Apartotel, deployment 14,660sqm, total area 22,000sqm; - Housing area with houses, implementation 31,500sqm, total area 63,000sqm; - Housing area with apartments, implementation 32,625sqm, total area 65,250sqm; Excellent project, and a fantastic investment opportunity!
Land with just over 80 ha in a very pleasant natural environment, near the main road Lisbon-Albufeira, with project for a theme park that includes a multipurpose pavilion, a Forum, commercial and dining areas, and two housing areas, with 2 hotels, an apartotel, tourist apartments and villas. The project, for which a collaborative partnership was signed with CM de Silves, covers the following areas: - Theme park, 244,419sqm; - Commercial and restaurant area, 10,000sqm; - Multipurpose Pavilion, 6,000sqm; - Trade Center, 5,000sqm; - Hotel 1, deployment 23,330sqm, total area 35,000sqm; - Hotel 2, deployment 13,334sqm, total area 20,000sqm; - Apartotel, deployment 14,660sqm, total area 22,000sqm; - Housing area with houses, implementation 31,500sqm, total area 63,000sqm; - Housing area with apartments, implementation 32,625sqm, total area 65,250sqm; Excellent project, and a fantastic investment opportunity!
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Currency Exchange
São Bartolomeu de Messines, 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 €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 | £12,424,650 | £12,891,750 | £467,100 |
| Property Price € | €15,000,000 |
| Minimum cost in the last six months | £12,424,650 |
| Maximum cost in the last six months | £12,891,750 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £467,100 |
São Bartolomeu de Messines, 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 €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 | £12,424,650 | £12,891,750 | £467,100 |
| Property Price € | €15,000,000 |
| Minimum cost in the last six months | £12,424,650 |
| Maximum cost in the last six months | £12,891,750 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £467,100 |
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 £467,100 more.
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