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Alcantarilha: Agricultural land with building feasibility and panoramic countryside views
Silves, Faro, Portugal, 8365-311
REF: 917550
€125,000
Description
Agricultural land located in Casas / Malhão, between Alcantarilha-Gare and Poço-Barreto, with 1,480 sq.m., partially classified as a Rural Agglomeration in the PDM of Silves (645 sq.m., in Consolidated Urban Area ). It has a Prior Information Request approved by the city hall of Silves (on 07/2024 and valid for 2 years), with the feasibility of building a large detached house, with a maximum implantation area of 299 m2 (1 floor above ground) + 1 floor in Semibasement + Basement). The land is completely south-facing, regular shape, with a moderate slope, being higher at the north and lower at the south, benefiting from magnificent panoramic countryside views, 180 to the "Morgado da Lameira" valley and Amendoeira Golf Resort. The building to be built, will be on the highest part of the land, at north, benefiting from the panoramic views and sun exposure. Infrastructures: Access by tarmac road (bordering at north), electricity, mains water, telephone, fast internet (fiber optic). The land is quite versatile in terms of construction, making it possible to build as an alternative to housing: Commerce and Services | Tourism in Rural Space | Industry and Warehouse | Equipments. Main distances: 4 Km from Amendoeira Golf Resort; 6 Km from Alcantarilha (N125 and A22); 7 Km from Silves Golf; 8 Km from Silves; 11 Km from the beaches (Armação de Pêra).
Agricultural land located in Casas / Malhão, between Alcantarilha-Gare and Poço-Barreto, with 1,480 sq.m., partially classified as a Rural Agglomeration in the PDM of Silves (645 sq.m., in Consolidated Urban Area ). It has a Prior Information Request approved by the city hall of Silves (on 07/2024 and valid for 2 years), with the feasibility of building a large detached house, with a maximum implantation area of 299 m2 (1 floor above ground) + 1 floor in Semibasement + Basement). The land is completely south-facing, regular shape, with a moderate slope, being higher at the north and lower at the south, benefiting from magnificent panoramic countryside views, 180 to the "Morgado da Lameira" valley and Amendoeira Golf Resort. The building to be built, will be on the highest part of the land, at north, benefiting from the panoramic views and sun exposure. Infrastructures: Access by tarmac road (bordering at north), electricity, mains water, telephone, fast internet (fiber optic). The land is quite versatile in terms of construction, making it possible to build as an alternative to housing: Commerce and Services | Tourism in Rural Space | Industry and Warehouse | Equipments. Main distances: 4 Km from Amendoeira Golf Resort; 6 Km from Alcantarilha (N125 and A22); 7 Km from Silves Golf; 8 Km from Silves; 11 Km from the beaches (Armação de Pêra).
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Currency Exchange
Silves, Faro, Portugal, 8365-311
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 €125,000 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 |
|---|---|---|---|
| €125,000 | £102,988 | £105,761 | £2,774 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £102,988 |
| Maximum cost in the last six months | £105,761 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,774 |
Silves, Faro, Portugal, 8365-311
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 €125,000 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 |
|---|---|---|---|
| €125,000 | £102,988 | £105,761 | £2,774 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £102,988 |
| Maximum cost in the last six months | £105,761 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,774 |
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 £2,774 more.
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