This magnificent and unique urban subdivision is located on the beach of Zambujeira do Mar, an integrated village in the Costa Vicentina Natural Park and Southwest Alentejo

Odemira, Beja, Portugal

For Sale

€7,100,000

REF: 290790 €7,100,000


95556 m2

95556 m2

Description

This magnificent and unique urban subdivision is located on the beach of Zambujeira do Mar, an integrated village in the Costa Vicentina Natural Park and Southwest Alentejo. Praia da Zambujeira do Mar is surrounded by high cliffs, from where you can enjoy a breathtaking view over the ocean. The land in question is 95,556 m2, consists of 29 lots with an approved subdivision project and has the infrastructure to build a project for the construction of 145 housing units, 13 of which for individual dwellings, 77 accommodation units, shops and 1 hotel unit with 110 accommodation units / rooms, next to the sea.

Total Lots Area: 50,165 m2, Total Construction Area: 48,015 m2, Number of Lots: 29 REF. Discretion Area 25679 2543m2 24 dwellings, 18 T1 and 6 T2 25680 569m2 T4 single family house 25681 552m2 T4 single family house 25682 1632m2 Building 10 T1 25683 689m2 Building 6 T1 25684 2198m2 Building 12 T4 25685 1429m2 Building 16 T1 and 2T3 25686 2896m2 Building 12 T1, 2 T3 25687 3998m2 Building 11 T1, 2 T2, 1 T3 25688 966m2 T5 single family house 25689 829m2 T5 single family house 25690 859m2 T5 single family house 25691 1832m2 Building 6 T1 25692 926m2 T5 single family house 25693 932m2 Building 12 T1 25694 3130m2 Building 28 T1 and 4 T2 25695 978m2 T5 single family house 25696 893m2 Building 4 T4 25697 950m2 Building 16 T2 25698 783m2 Building 12 T2 25699 10206m2 110 T1 - Hotel 25700 4153m2 Building 14 T1 and 3 T2 25701 902m2 T5 single family house 25702 2371m2 Building 10 T1 25703 542m2 T4 single family house 25704 545m2 T4 single family house 25705 557m2 T4 single family house 25706 651m2 T5 single family house 25707 707M2 T5 single family house This is undoubtedly a great project with a very high potential for profitability. #ref: 53443
This magnificent and unique urban subdivision is located on the beach of Zambujeira do Mar, an integrated village in the Costa Vicentina Natural Park and Southwest Alentejo. Praia da Zambujeira do Mar is surrounded by high cliffs, from where you can enjoy a breathtaking view over the ocean. The land in question is 95,556 m2, consists of 29 lots with an approved subdivision project and has the infrastructure to build a project for the construction of 145 housing units, 13 of which for individual dwellings, 77 accommodation units, shops and 1 hotel unit with 110 accommodation units / rooms, next to the sea.

Total Lots Area: 50,165 m2, Total Construction Area: 48,015 m2, Number of Lots: 29 REF. Discretion Area 25679 2543m2 24 dwellings, 18 T1 and 6 T2 25680 569m2 T4 single family house 25681 552m2 T4 single family house 25682 1632m2 Building 10 T1 25683 689m2 Building 6 T1 25684 2198m2 Building 12 T4 25685 1429m2 Building 16 T1 and 2T3 25686 2896m2 Building 12 T1, 2 T3 25687 3998m2 Building 11 T1, 2 T2, 1 T3 25688 966m2 T5 single family house 25689 829m2 T5 single family house 25690 859m2 T5 single family house 25691 1832m2 Building 6 T1 25692 926m2 T5 single family house 25693 932m2 Building 12 T1 25694 3130m2 Building 28 T1 and 4 T2 25695 978m2 T5 single family house 25696 893m2 Building 4 T4 25697 950m2 Building 16 T2 25698 783m2 Building 12 T2 25699 10206m2 110 T1 - Hotel 25700 4153m2 Building 14 T1 and 3 T2 25701 902m2 T5 single family house 25702 2371m2 Building 10 T1 25703 542m2 T4 single family house 25704 545m2 T4 single family house 25705 557m2 T4 single family house 25706 651m2 T5 single family house 25707 707M2 T5 single family house This is undoubtedly a great project with a very high potential for profitability. #ref: 53443
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Property on Map

#53443

Currency Exchange

Odemira, 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 €7,100,000 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
€7,100,000 £6,039,899 £6,223,434 £183,535
Property Price € €7,100,000
Minimum cost in the last six months £6,039,899
Maximum cost in the last six months £6,223,434
Fluctuating exchange rates over the last six months could have increased the cost of this property by £183,535

Odemira, 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 €7,100,000 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
€7,100,000 £6,039,899 £6,223,434 £183,535
Property Price € €7,100,000
Minimum cost in the last six months £6,039,899
Maximum cost in the last six months £6,223,434
Fluctuating exchange rates over the last six months could have increased the cost of this property by £183,535

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 £183,535 more.

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