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Land with 117,120sqm near Fonte do Penedo, Odeleite in Castro Marim
Odeleite, Faro, Portugal
REF: 895980
€220,000
Description
Land with 117,120sqm near Fonte do Penedo, Odeleite in Castro Marim. Land with good access. Land with views of the lake and the Algarve Mountains. Land with many trees. There are many carob trees on the land. With pine trees, olive trees, and other trees. Possibility of building a house for the farmer and agricultural support and/or warehouses, up to 500sqm. Rural tourism up to 2,000sqm. Agro Tourism. Eco Tourism. Housing tourism. Excellent for sustainable agricultural or permaculture projects. Tourism projects. It faces a water line. It has a lake. Land has excellent sun exposure. Calm and peaceful location, with an excellent open view of the Algarve mountains. Excellent place for caravans, mobile home and/or motor home, motorhomes. Close to the village of Odeleite. Situated 10 minutes from Barragem do Beliche and just 5 minutes from Barragem do Odeleite. Close to New River Beach - Blue Dragon - Dragão Azul. It is 20 minutes from the best beaches in the Algarve, 15 minutes from the Castro Marim Town Center and 20 minutes from the border with Spain, Ayamonte. Contact us and schedule your visit! - We assist with the entire Buying and Sales Process
Land with 117,120sqm near Fonte do Penedo, Odeleite in Castro Marim. Land with good access. Land with views of the lake and the Algarve Mountains. Land with many trees. There are many carob trees on the land. With pine trees, olive trees, and other trees. Possibility of building a house for the farmer and agricultural support and/or warehouses, up to 500sqm. Rural tourism up to 2,000sqm. Agro Tourism. Eco Tourism. Housing tourism. Excellent for sustainable agricultural or permaculture projects. Tourism projects. It faces a water line. It has a lake. Land has excellent sun exposure. Calm and peaceful location, with an excellent open view of the Algarve mountains. Excellent place for caravans, mobile home and/or motor home, motorhomes. Close to the village of Odeleite. Situated 10 minutes from Barragem do Beliche and just 5 minutes from Barragem do Odeleite. Close to New River Beach - Blue Dragon - Dragão Azul. It is 20 minutes from the best beaches in the Algarve, 15 minutes from the Castro Marim Town Center and 20 minutes from the border with Spain, Ayamonte. Contact us and schedule your visit! - We assist with the entire Buying and Sales Process
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Currency Exchange
Odeleite, 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 €220,000 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 |
|---|---|---|---|
| €220,000 | £182,228 | £189,079 | £6,851 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £182,228 |
| Maximum cost in the last six months | £189,079 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,851 |
Odeleite, 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 €220,000 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 |
|---|---|---|---|
| €220,000 | £182,228 | £189,079 | £6,851 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £182,228 |
| Maximum cost in the last six months | £189,079 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,851 |
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 £6,851 more.
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