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Land in Pinhal Novo
Arraiados, Setúbal, Portugal
REF: 111228
€597,000
Description
Land located in quiet and pleasant area and with panoramic views of the castle of Palmela. This is a land with a total area of 35,839sqm, in which constructions can be built with the total gross area of 2,150.34sqm (i = 6%), plus the area of house door lentils/porches (no area limitation). The confining is paved and has the public water supply network and the public and telephone lighting networks being also served by public transport. Given its good location and the permitted construction area, this terrain is suitable for: -Tourism (tourist venture in gated community with detached or in-band villas), rural tourism, residential tourism, local accommodation, hostels, hotel, motel, etc.); -Trade (restaurant, equipment for events-weddings, baptisms, birthdays, conferences, business meetings-warehouse for trade and distribution of products, etc.); -Services (Clinic, 3rd age home, Senior assisted Residence, nursery, kindergarten, school, equestrian Center, theme park, etc.); -Housing (maximum of 4 villas, up to 1,000sqm (in total) of construction area, plus the area of house door lentils/porches (without area limitation), the remaining construction area (up to 2,150.34sqm, plus the area of house door lentils/porches, without area limitation) be Used in one or more of the other permitted uses); -Non-pollutant industry (industrial warehouses, etc.) -Public equipment NOTE: Multiple constructions (with the different uses allowed) can be edited (phased), which can be isolated or in band. These constructions can be constituted in horizontal property and future fractions can be sold, subsequently and separately, to different customers who may be interested in them.
Land located in quiet and pleasant area and with panoramic views of the castle of Palmela. This is a land with a total area of 35,839sqm, in which constructions can be built with the total gross area of 2,150.34sqm (i = 6%), plus the area of house door lentils/porches (no area limitation). The confining is paved and has the public water supply network and the public and telephone lighting networks being also served by public transport. Given its good location and the permitted construction area, this terrain is suitable for: -Tourism (tourist venture in gated community with detached or in-band villas), rural tourism, residential tourism, local accommodation, hostels, hotel, motel, etc.); -Trade (restaurant, equipment for events-weddings, baptisms, birthdays, conferences, business meetings-warehouse for trade and distribution of products, etc.); -Services (Clinic, 3rd age home, Senior assisted Residence, nursery, kindergarten, school, equestrian Center, theme park, etc.); -Housing (maximum of 4 villas, up to 1,000sqm (in total) of construction area, plus the area of house door lentils/porches (without area limitation), the remaining construction area (up to 2,150.34sqm, plus the area of house door lentils/porches, without area limitation) be Used in one or more of the other permitted uses); -Non-pollutant industry (industrial warehouses, etc.) -Public equipment NOTE: Multiple constructions (with the different uses allowed) can be edited (phased), which can be isolated or in band. These constructions can be constituted in horizontal property and future fractions can be sold, subsequently and separately, to different customers who may be interested in them.
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Currency Exchange
Arraiados, Setúbal, 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 €597,000 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 |
|---|---|---|---|
| €597,000 | £507,862 | £523,265 | £15,403 |
| Property Price € | €597,000 |
| Minimum cost in the last six months | £507,862 |
| Maximum cost in the last six months | £523,265 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,403 |
Arraiados, Setúbal, 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 €597,000 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 |
|---|---|---|---|
| €597,000 | £507,862 | £523,265 | £15,403 |
| Property Price € | €597,000 |
| Minimum cost in the last six months | £507,862 |
| Maximum cost in the last six months | £523,265 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,403 |
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 £15,403 more.
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