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This is an excellent investment opportunity in the heart of the Alentejo: Agricultural land with 237,500 m² (23
Alandroal, Évora, Portugal
REF: 961257
€180,000
Description
This is an excellent investment opportunity in the heart of the Alentejo: Agricultural land with 237,500 m² (23.75 hectares), located in Monte Lameirão, Santiago Maior parish, Alandroal municipality. Main features: It is feasible to build structures to support agricultural activity, such as warehouses, stables or small functional buildings, subject to local council licensing. It has its own well with water, ideal for irrigation and supply Ribeiro runs through the property, guaranteeing water availability throughout the year and enhancing the agricultural potential. Large, flat area, ideal for agriculture, olive groves, vineyards or pasture Quiet area with good sun exposure Easy access Excellent potential for agricultural or farming projects Privileged location in the heart of the Alentejo countryside Possibility of access to support or subsidies for agricultural or agro-industrial projects Geographical location: 10 minutes from Monsaraz A few minutes from the town of Alandroal, with shops, services and local traditions. Close to the Alqueva dam, ideal for leisure and rural tourism projects. A region valued for its tranquillity, fresh air and the natural beauty typical of the Alentejo. An area with a strong agricultural tradition and high demand for land with this profile. Around 30 minutes from Reguengos de Monsaraz and 1.5 hours from Évora. #ref: 140773
This is an excellent investment opportunity in the heart of the Alentejo: Agricultural land with 237,500 m² (23.75 hectares), located in Monte Lameirão, Santiago Maior parish, Alandroal municipality. Main features: It is feasible to build structures to support agricultural activity, such as warehouses, stables or small functional buildings, subject to local council licensing. It has its own well with water, ideal for irrigation and supply Ribeiro runs through the property, guaranteeing water availability throughout the year and enhancing the agricultural potential. Large, flat area, ideal for agriculture, olive groves, vineyards or pasture Quiet area with good sun exposure Easy access Excellent potential for agricultural or farming projects Privileged location in the heart of the Alentejo countryside Possibility of access to support or subsidies for agricultural or agro-industrial projects Geographical location: 10 minutes from Monsaraz A few minutes from the town of Alandroal, with shops, services and local traditions. Close to the Alqueva dam, ideal for leisure and rural tourism projects. A region valued for its tranquillity, fresh air and the natural beauty typical of the Alentejo. An area with a strong agricultural tradition and high demand for land with this profile. Around 30 minutes from Reguengos de Monsaraz and 1.5 hours from Évora. #ref: 140773
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Currency Exchange
Alandroal, 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 €180,000 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 |
|---|---|---|---|
| €180,000 | £148,302 | £156,256 | £7,954 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £148,302 |
| Maximum cost in the last six months | £156,256 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,954 |
Alandroal, 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 €180,000 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 |
|---|---|---|---|
| €180,000 | £148,302 | £156,256 | £7,954 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £148,302 |
| Maximum cost in the last six months | £156,256 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,954 |
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 £7,954 more.
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