A building plot of 15,000m² in Vendas Novas

Vendas Novas, Évora, Portugal

For Sale

€199,000

REF: 925145 €199,000


15000 m2

15000 m2

Description

A building plot of 15,000m² in Vendas Novas. Come and discover this rare opportunity ! We present to you an exceptional rustic plot of land of 15,000m², completely flat, reclassified as a building zone, offering significant construction potential. On this plot there is an existing building of 435m2 with a terrace of 200m2 which will need to be legalized and rehabilitated, but supplied with water and electricity.

Initially envisaged to accommodate a nightclub or a private party room for family celebrations. This land offers flexibility in development for different projects or homes. Future owners will be able to adapt this space according to their specific needs in accordance with the town hall's urban plan.

- According to the proposed Urban Plan, the land is included in class: Type II residential spaces (articles 60, 61 and 63 of the Regulations), with the following indices: - The maximum occupancy index is 0.5; - The maximum utilization index is 1; - The maximum number of floors is two, plus one below the threshold level.

Please note that this information is subject to changes arising from the process of public discussion of the proposal established by the PDMVN journal, not exempting from its confirmation after the entry into force of this territorial management instrument. A request for information was made to the Vendas Novas town hall and the response was as follows: Vendas Novas is a dynamic town in Alentejo, renowned for its gastronomy, notably its famous “bifanas”.

The city has experienced notable growth, becoming one of the region's major urban centers. Its proximity to Lisbon and Setúbal makes it a popular location for real estate investments. The municipality of Vendas Novas is made up of seven urban centers – Vendas Novas, Landeira, Bombel, Afeiteira, Piçarras, Nicolaus and Marconi – occupying a total area of 222.5 km2.

It has two main river structures, one to the north, called Ribeira de Canha, and another to the south, Ribeira da Marateca. The town of Vendas Novas is one of the largest urban agglomerations in the district of Évora, with 9,652 inhabitants. The municipality, with a population of 11,619 inhabitants, has a population density considerably higher than the Alentejo average – 52 inhabitants per km2 in Vendas Novas, compared to 24 in Alentejo.

The municipality of Vendas Novas is served by a railway station which allows four direct daily connections, in each direction, to Lisbon, Évora and Beja. It is by far the point with the best accessibility to one of the three main urban centers of the entire Alentejo, by public transport, since it is only 25 minutes from Évora, 50 minutes from Lisbon and approximately 1 hour from Beja. For more information: Angéla RODRIGUES – iad Portugal real estate agent. #ref: 133985
A building plot of 15,000m² in Vendas Novas. Come and discover this rare opportunity ! We present to you an exceptional rustic plot of land of 15,000m², completely flat, reclassified as a building zone, offering significant construction potential. On this plot there is an existing building of 435m2 with a terrace of 200m2 which will need to be legalized and rehabilitated, but supplied with water and electricity.

Initially envisaged to accommodate a nightclub or a private party room for family celebrations. This land offers flexibility in development for different projects or homes. Future owners will be able to adapt this space according to their specific needs in accordance with the town hall's urban plan.

- According to the proposed Urban Plan, the land is included in class: Type II residential spaces (articles 60, 61 and 63 of the Regulations), with the following indices: - The maximum occupancy index is 0.5; - The maximum utilization index is 1; - The maximum number of floors is two, plus one below the threshold level.

Please note that this information is subject to changes arising from the process of public discussion of the proposal established by the PDMVN journal, not exempting from its confirmation after the entry into force of this territorial management instrument. A request for information was made to the Vendas Novas town hall and the response was as follows: Vendas Novas is a dynamic town in Alentejo, renowned for its gastronomy, notably its famous “bifanas”.

The city has experienced notable growth, becoming one of the region's major urban centers. Its proximity to Lisbon and Setúbal makes it a popular location for real estate investments. The municipality of Vendas Novas is made up of seven urban centers – Vendas Novas, Landeira, Bombel, Afeiteira, Piçarras, Nicolaus and Marconi – occupying a total area of 222.5 km2.

It has two main river structures, one to the north, called Ribeira de Canha, and another to the south, Ribeira da Marateca. The town of Vendas Novas is one of the largest urban agglomerations in the district of Évora, with 9,652 inhabitants. The municipality, with a population of 11,619 inhabitants, has a population density considerably higher than the Alentejo average – 52 inhabitants per km2 in Vendas Novas, compared to 24 in Alentejo.

The municipality of Vendas Novas is served by a railway station which allows four direct daily connections, in each direction, to Lisbon, Évora and Beja. It is by far the point with the best accessibility to one of the three main urban centers of the entire Alentejo, by public transport, since it is only 25 minutes from Évora, 50 minutes from Lisbon and approximately 1 hour from Beja. For more information: Angéla RODRIGUES – iad Portugal real estate agent. #ref: 133985
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Property on Map

#133985

Currency Exchange

Vendas Novas, Évora, 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 €199,000 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
€199,000 £163,956 £168,372 £4,416
Property Price € €199,000
Minimum cost in the last six months £163,956
Maximum cost in the last six months £168,372
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,416

Vendas Novas, Évora, 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 €199,000 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
€199,000 £163,956 £168,372 £4,416
Property Price € €199,000
Minimum cost in the last six months £163,956
Maximum cost in the last six months £168,372
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,416

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 £4,416 more.

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