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If you're looking for an investment with immense potential, this 10
Mourão, Évora, Portugal
REF: 932750
€247,000
Description
If you're looking for an investment with immense potential, this 10.7-hectare plot located just 15 minutes from Alqueva Dam is the opportunity you've been waiting for. With a ruin to restore and a storage house, this property offers several possibilities for those looking to develop an agricultural project or even a private retreat in the heart of nature. The property already boasts 4 hectares of vineyards with the renowned grape varieties Arinto, Trincadeira, and Aragonês, planted in 2005, perfect for producing quality wines. Additionally, there are 6 hectares of Cordovil olive groves, providing the opportunity to expand or diversify the agricultural business. With an abundant water well, a spring, and an approved project and financing for the creation of a reservoir, this land offers all the conditions for those wishing to invest in agriculture, rural tourism, or develop a personalized project. Here, the beauty of the countryside, the quality of the land, and the potential for growth come together to create the perfect platform to make your dreams a reality. Don’t miss out on this unique opportunity—contact us for more information or to schedule a visit. #ref: 134988
If you're looking for an investment with immense potential, this 10.7-hectare plot located just 15 minutes from Alqueva Dam is the opportunity you've been waiting for. With a ruin to restore and a storage house, this property offers several possibilities for those looking to develop an agricultural project or even a private retreat in the heart of nature. The property already boasts 4 hectares of vineyards with the renowned grape varieties Arinto, Trincadeira, and Aragonês, planted in 2005, perfect for producing quality wines. Additionally, there are 6 hectares of Cordovil olive groves, providing the opportunity to expand or diversify the agricultural business. With an abundant water well, a spring, and an approved project and financing for the creation of a reservoir, this land offers all the conditions for those wishing to invest in agriculture, rural tourism, or develop a personalized project. Here, the beauty of the countryside, the quality of the land, and the potential for growth come together to create the perfect platform to make your dreams a reality. Don’t miss out on this unique opportunity—contact us for more information or to schedule a visit. #ref: 134988
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Currency Exchange
Mourão, 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 €247,000 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 |
|---|---|---|---|
| €247,000 | £203,503 | £208,984 | £5,481 |
| Property Price € | €247,000 |
| Minimum cost in the last six months | £203,503 |
| Maximum cost in the last six months | £208,984 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,481 |
Mourão, 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 €247,000 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 |
|---|---|---|---|
| €247,000 | £203,503 | £208,984 | £5,481 |
| Property Price € | €247,000 |
| Minimum cost in the last six months | £203,503 |
| Maximum cost in the last six months | £208,984 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,481 |
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 £5,481 more.
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