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Unique and Stunning Land in Alcoutim, with a total area of 105,800 m², offering exceptional potential for a sustainable tourism project
Alcoutim, Faro, Portugal
REF: 925138
€1,800,000
Description
Unique and Stunning Land in Alcoutim, with a total area of 105,800 m², offering exceptional potential for a sustainable tourism project. This property consists of two urban parcels, Parcel 7 with 640 m² and Parcel 9 with 440 m², with the possibility of construction on rural land according to the Alcoutim Municipal Development Plan (PDM). It stands out for its privileged location along the Guadiana River, with an approximate 1.5 km riverfront, providing breathtaking views and a direct connection to nature. Tourism Potential Under the Alcoutim PDM, the land allows for the implementation of isolated hotel establishments or ecotourism projects, provided the following conditions are met: Location in the Baixo Guadiana Territorial Unit. Minimum property size of 5 hectares, with a maximum occupancy density of 12 beds per hectare. Possibility of concentrated construction on up to 10% of the total property area. Maximum of two floors (with justified exceptions ensuring harmony with the landscape). Thematic development associated with Baixo Guadiana, enhancing the scenic and environmental aspects of the region. Implementation subject to contractual agreement with the Municipality. For rural tourism developments, a maximum constructed area of 2,000 m² is allowed. Accessibility and Sustainability The property has direct access via the National Road, facilitating entry for investors and tourists. Its vast riverfront and strategic location make it perfect for a sustainable development project, fully integrated into the natural and cultural landscape. With ideal characteristics for developing an ecotourism project, this land offers the opportunity to create a space that combines comfort, sustainability, and respect for the region’s original architectural style. Don't miss the opportunity to invest in this unique property, with enormous potential to become a top-tier tourist destination in the Algarve. Contact us for more information and to schedule a visit! #ref: 128582
Unique and Stunning Land in Alcoutim, with a total area of 105,800 m², offering exceptional potential for a sustainable tourism project. This property consists of two urban parcels, Parcel 7 with 640 m² and Parcel 9 with 440 m², with the possibility of construction on rural land according to the Alcoutim Municipal Development Plan (PDM). It stands out for its privileged location along the Guadiana River, with an approximate 1.5 km riverfront, providing breathtaking views and a direct connection to nature. Tourism Potential Under the Alcoutim PDM, the land allows for the implementation of isolated hotel establishments or ecotourism projects, provided the following conditions are met: Location in the Baixo Guadiana Territorial Unit. Minimum property size of 5 hectares, with a maximum occupancy density of 12 beds per hectare. Possibility of concentrated construction on up to 10% of the total property area. Maximum of two floors (with justified exceptions ensuring harmony with the landscape). Thematic development associated with Baixo Guadiana, enhancing the scenic and environmental aspects of the region. Implementation subject to contractual agreement with the Municipality. For rural tourism developments, a maximum constructed area of 2,000 m² is allowed. Accessibility and Sustainability The property has direct access via the National Road, facilitating entry for investors and tourists. Its vast riverfront and strategic location make it perfect for a sustainable development project, fully integrated into the natural and cultural landscape. With ideal characteristics for developing an ecotourism project, this land offers the opportunity to create a space that combines comfort, sustainability, and respect for the region’s original architectural style. Don't miss the opportunity to invest in this unique property, with enormous potential to become a top-tier tourist destination in the Algarve. Contact us for more information and to schedule a visit! #ref: 128582
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Currency Exchange
Alcoutim, 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 €1,800,000 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 |
|---|---|---|---|
| €1,800,000 | £1,483,020 | £1,547,010 | £63,990 |
| Property Price € | €1,800,000 |
| Minimum cost in the last six months | £1,483,020 |
| Maximum cost in the last six months | £1,547,010 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,990 |
Alcoutim, 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 €1,800,000 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 |
|---|---|---|---|
| €1,800,000 | £1,483,020 | £1,547,010 | £63,990 |
| Property Price € | €1,800,000 |
| Minimum cost in the last six months | £1,483,020 |
| Maximum cost in the last six months | £1,547,010 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,990 |
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 £63,990 more.
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