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INVESTMENT OPPORTUNITY- BUILDING UP TO 4 FLOORS!! PORTELA DAS PADEIRAS-SANTARÉM NEGOTIABLE!! Book now your visit to this small property at the gates of Santarem, total land area of about 12800m2
Santarém, Santarém, Portugal
REF: 592397
€550,000
Description
INVESTMENT OPPORTUNITY- BUILDING UP TO 4 FLOORS!! PORTELA DAS PADEIRAS-SANTARÉM NEGOTIABLE!! Book now your visit to this small property at the gates of Santarem, total land area of about 12800m2. It is located in a "medium density urban space - Z2" which allows construction with a land use coefficient <0.40, with a maximum number of 4 floors. Great investment for the construction of an apartment block in one of the quietest areas in the surrounding area of Santarém, Portela das Padeiras. The following buildings currently exist: - 2 houses with implantation areas of 180m2 and 65m2; - 1 workshop; - Several storage rooms; - 2 garages; - Pool; - Hole; - Pit; - Various fruit trees (orange, lemon, plum, vines and newly planted olive trees); - Land for vegetable garden; ROOM 1: -2 rooms with about 10m2 each; -2 kitchens; -2 rooms; -1 pantry; Balcony. ROOM 2: -Kitchen; - Living room; -2 Bedrooms; Located 3 minutes from the A1, 45 minutes from Lisbon, access to the A13 (Algarve), A15 (Nazaré) Peniche via the A8)). 5 minutes from the center of the capital of Distrito Santarém, where you will find all amenities such as supermarkets, cafes, pharmacies, district hospital, town hall, citizen's shop. 5 minutes from the aquatic complex with artificial waves. There are several building possibilities by design. Do not hesitate to schedule your visit! Sandra Marcelino iadportugal- AMI 11220 #ref: 80572
INVESTMENT OPPORTUNITY- BUILDING UP TO 4 FLOORS!! PORTELA DAS PADEIRAS-SANTARÉM NEGOTIABLE!! Book now your visit to this small property at the gates of Santarem, total land area of about 12800m2. It is located in a "medium density urban space - Z2" which allows construction with a land use coefficient <0.40, with a maximum number of 4 floors. Great investment for the construction of an apartment block in one of the quietest areas in the surrounding area of Santarém, Portela das Padeiras. The following buildings currently exist: - 2 houses with implantation areas of 180m2 and 65m2; - 1 workshop; - Several storage rooms; - 2 garages; - Pool; - Hole; - Pit; - Various fruit trees (orange, lemon, plum, vines and newly planted olive trees); - Land for vegetable garden; ROOM 1: -2 rooms with about 10m2 each; -2 kitchens; -2 rooms; -1 pantry; Balcony. ROOM 2: -Kitchen; - Living room; -2 Bedrooms; Located 3 minutes from the A1, 45 minutes from Lisbon, access to the A13 (Algarve), A15 (Nazaré) Peniche via the A8)). 5 minutes from the center of the capital of Distrito Santarém, where you will find all amenities such as supermarkets, cafes, pharmacies, district hospital, town hall, citizen's shop. 5 minutes from the aquatic complex with artificial waves. There are several building possibilities by design. Do not hesitate to schedule your visit! Sandra Marcelino iadportugal- AMI 11220 #ref: 80572
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Currency Exchange
Santarém, Santarém, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £467,880 | £480,233 | £12,353 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £467,880 |
| Maximum cost in the last six months | £480,233 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,353 |
Santarém, Santarém, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £467,880 | £480,233 | £12,353 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £467,880 |
| Maximum cost in the last six months | £480,233 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,353 |
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 £12,353 more.
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