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TOURIST PROJECT, 38000M2, 10 BUNGALOWS INCLUDING 5 BUILT, SANTIAGO DO CACEM
Santiago do Cacém, Setúbal, Portugal, 7540-107
REF: 439150
€1,250,000
Description
Approved tourist project, 10 houses T1, 5 of which have already been built, located in Santiago de Cacem, on the beaches of southwest Alentejo and the Natural Park Costa Vicentina.
In a plot of 38,000s2, the project is approved in the part of 10,000m2.
Bangolos has a kitchen, living room, bedroom and bathroom.
They are built with a light steel structure,
The project includes a building, to build, reception/office, dining room, kitchen, wine cellar and swimming pool.
It is intended to be self-sufficient in energy with solar panels. There's a well for water supply.
Infrastructure is built: electricity, water, sewers.
Business Plan planned with profitability of 7%/year
A Villa is a typical Alentejo, in good condition, of 200 m2, including a living room of 50 m2, 2 bedrooms and 1 suite.
It is a 1h30 from Lisbon, 15 km from Sines., and 15 km from the beaches of Alentejo.
Approved tourist project, 10 houses T1, 5 of which have already been built, located in Santiago de Cacem, on the beaches of southwest Alentejo and the Natural Park Costa Vicentina.
In a plot of 38,000s2, the project is approved in the part of 10,000m2.
Bangolos has a kitchen, living room, bedroom and bathroom.
They are built with a light steel structure,
The project includes a building, to build, reception/office, dining room, kitchen, wine cellar and swimming pool.
It is intended to be self-sufficient in energy with solar panels. There's a well for water supply.
Infrastructure is built: electricity, water, sewers.
Business Plan planned with profitability of 7%/year
A Villa is a typical Alentejo, in good condition, of 200 m2, including a living room of 50 m2, 2 bedrooms and 1 suite.
It is a 1h30 from Lisbon, 15 km from Sines., and 15 km from the beaches of Alentejo.
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Currency Exchange
Santiago do Cacém, Setúbal, Portugal, 7540-107
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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,063,363 | £1,095,675 | £32,313 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,063,363 |
| Maximum cost in the last six months | £1,095,675 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,313 |
Santiago do Cacém, Setúbal, Portugal, 7540-107
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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,063,363 | £1,095,675 | £32,313 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,063,363 |
| Maximum cost in the last six months | £1,095,675 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,313 |
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 £32,313 more.
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