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Homestead with tourist project in paradisiacal place
Santa Clara-a-Velha, Beja, Portugal
REF: 124541
€2,300,000
Description
Property located next to the Dam of Santa Clara-A-Velha with 20 ha, several constructions and project for expansion. This property has the following infrastructures: main house 450sqm, guest house 170sqm, staff house 150sqm, staff or guest house (under construction) 150sqm and warehouse 120sqm, berth, shelter for tractor, lightning protection system, photovoltaic system batteries, photovoltaic panels and electric generator house. The property has an approved project with an area of 4,600sqm. It is located next to the Dam of Santa Clara, in the district of Beja, near Ourique / Odemira, about 30 km from the coast, 100 km from Faro and 230 km from Lisbon. Created to provide an irrigation source, it has become one of the best protected areas of water in Portugal due to its exceptional weather conditions and natural beauty. Surrounded by hills and valleys of extraordinary beauty, integrated into a Mediterranean ecosystem. The information referred to is not binding and does not dispense with confirmation by consulting the property documentation.
Property located next to the Dam of Santa Clara-A-Velha with 20 ha, several constructions and project for expansion. This property has the following infrastructures: main house 450sqm, guest house 170sqm, staff house 150sqm, staff or guest house (under construction) 150sqm and warehouse 120sqm, berth, shelter for tractor, lightning protection system, photovoltaic system batteries, photovoltaic panels and electric generator house. The property has an approved project with an area of 4,600sqm. It is located next to the Dam of Santa Clara, in the district of Beja, near Ourique / Odemira, about 30 km from the coast, 100 km from Faro and 230 km from Lisbon. Created to provide an irrigation source, it has become one of the best protected areas of water in Portugal due to its exceptional weather conditions and natural beauty. Surrounded by hills and valleys of extraordinary beauty, integrated into a Mediterranean ecosystem. The information referred to is not binding and does not dispense with confirmation by consulting the property documentation.
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Currency Exchange
Santa Clara-a-Velha, Beja, 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 €2,300,000 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 |
|---|---|---|---|
| €2,300,000 | £1,956,587 | £2,016,042 | £59,455 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,956,587 |
| Maximum cost in the last six months | £2,016,042 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £59,455 |
Santa Clara-a-Velha, Beja, 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 €2,300,000 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 |
|---|---|---|---|
| €2,300,000 | £1,956,587 | £2,016,042 | £59,455 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,956,587 |
| Maximum cost in the last six months | £2,016,042 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £59,455 |
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 £59,455 more.
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