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Imagine yourself surrounded by the serenity of the Alentejo plains, where the horizon stretches endlessly and the sounds of nature set the rhythm of the days
Montemor-o-Novo, Évora, Portugal
REF: 957500
€1,375,000
Description
Imagine yourself surrounded by the serenity of the Alentejo plains, where the horizon stretches endlessly and the sounds of nature set the rhythm of the days. Just an hour from Lisbon and a few minutes from Montemor-o-Novo, this 45-hectare estate is the perfect opportunity for those seeking a solid investment, whether in agriculture, livestock farming, or the development of an exclusive agritourism project. The land is fully fenced and sectioned, ensuring security and organization. The property has two water boreholes with a flow rate of 45,000 liters per hour each, as well as a reservoir with a capacity of 150,000 liters, guaranteeing a continuous supply for irrigation and livestock. The estate features a traditional cork oak and holm oak forest, yielding a return of 400 arrobas of cork in nine-year cycles. In the agricultural sector, an IFAP-approved project has been established for the planting of 25 hectares of intensive olive groves, in addition to an already established production of 18,000 Goji berry plants. Existing infrastructures include livestock enclosures, drinking troughs, storage for agricultural machinery, and feed storage facilities, making the property well-prepared for various types of farming operations. Beyond its agricultural and livestock potential, the estate boasts a unique setting with breathtaking landscapes and a peaceful atmosphere, ideal for those looking to develop a rural tourism project. The true essence of this place cannot be captured through images or words alone. I invite you to visit and experience firsthand the full potential of this property. I am fully available to accompany your visit and provide any necessary information. #ref: 140132
Imagine yourself surrounded by the serenity of the Alentejo plains, where the horizon stretches endlessly and the sounds of nature set the rhythm of the days. Just an hour from Lisbon and a few minutes from Montemor-o-Novo, this 45-hectare estate is the perfect opportunity for those seeking a solid investment, whether in agriculture, livestock farming, or the development of an exclusive agritourism project. The land is fully fenced and sectioned, ensuring security and organization. The property has two water boreholes with a flow rate of 45,000 liters per hour each, as well as a reservoir with a capacity of 150,000 liters, guaranteeing a continuous supply for irrigation and livestock. The estate features a traditional cork oak and holm oak forest, yielding a return of 400 arrobas of cork in nine-year cycles. In the agricultural sector, an IFAP-approved project has been established for the planting of 25 hectares of intensive olive groves, in addition to an already established production of 18,000 Goji berry plants. Existing infrastructures include livestock enclosures, drinking troughs, storage for agricultural machinery, and feed storage facilities, making the property well-prepared for various types of farming operations. Beyond its agricultural and livestock potential, the estate boasts a unique setting with breathtaking landscapes and a peaceful atmosphere, ideal for those looking to develop a rural tourism project. The true essence of this place cannot be captured through images or words alone. I invite you to visit and experience firsthand the full potential of this property. I am fully available to accompany your visit and provide any necessary information. #ref: 140132
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Currency Exchange
Montemor-o-Novo, 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 €1,375,000 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 |
|---|---|---|---|
| €1,375,000 | £1,132,863 | £1,193,624 | £60,761 |
| Property Price € | €1,375,000 |
| Minimum cost in the last six months | £1,132,863 |
| Maximum cost in the last six months | £1,193,624 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £60,761 |
Montemor-o-Novo, 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 €1,375,000 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 |
|---|---|---|---|
| €1,375,000 | £1,132,863 | £1,193,624 | £60,761 |
| Property Price € | €1,375,000 |
| Minimum cost in the last six months | £1,132,863 |
| Maximum cost in the last six months | £1,193,624 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £60,761 |
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 £60,761 more.
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