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This farm is located in the city of Elvas, and is inserted in an urban area near the walled old city
Elvas, Portalegre, Portugal
REF: 794041
€698,000
Description
This farm is located in the city of Elvas, and is inserted in an urban area near the walled old city; with a strategic location, the city of Elvas is 2 hours from Lisbon, 4 hours from Madrid and 30 minutes from Badajoz airport, by motorway. The urban context of the farm, associated with its approximately triangular geometry, gives it contact with three distinct streets in his boundaries; the urban area in which it is located is mostly medium-density residential, with some commerce, services, schools and leisure spaces; the farm remains as a large open space in the urban mesh, with its orchards and gardens, and with a wide visual relationship with both the hold walled city and the fort of Graça. This farm has different areas of land, with variable density of trees, gardens and has different buildings, suitable for both residential and industrial use; it has also urban infrastructure (electricity, water and sewage), a borehole and a well with abundant water. The main house is in good condition, is of typology T6, with kitchen, living room, dining room, six bedrooms and two bathrooms; there is a secondary house of typology T1, with kitchen, living room, one bedroom and one bathroom, which needs rehabilitation; near the houses there are several storage buildings, as well as a garden area with a swimming pool. The existing industrial buildings have been adapted over time, to different uses and needs; there are traditional constructions, where offices and storage used to operate, and large industrial constructions that were used for production. All the exterior space, as well as the diversity of buildings and uses, give this farm very unique characteristics in the urban context, which combined with the proximity and visual relationship with relevant historical heritage, also gives a potential for the creation of a touristic-recreational, cultural or leisure project. This is a unique opportunity for investors, or for those looking for a house in an urban context with great outdoor space for gardens, with the possibility of revenue from the existing buildings. #ref: 111975
This farm is located in the city of Elvas, and is inserted in an urban area near the walled old city; with a strategic location, the city of Elvas is 2 hours from Lisbon, 4 hours from Madrid and 30 minutes from Badajoz airport, by motorway. The urban context of the farm, associated with its approximately triangular geometry, gives it contact with three distinct streets in his boundaries; the urban area in which it is located is mostly medium-density residential, with some commerce, services, schools and leisure spaces; the farm remains as a large open space in the urban mesh, with its orchards and gardens, and with a wide visual relationship with both the hold walled city and the fort of Graça. This farm has different areas of land, with variable density of trees, gardens and has different buildings, suitable for both residential and industrial use; it has also urban infrastructure (electricity, water and sewage), a borehole and a well with abundant water. The main house is in good condition, is of typology T6, with kitchen, living room, dining room, six bedrooms and two bathrooms; there is a secondary house of typology T1, with kitchen, living room, one bedroom and one bathroom, which needs rehabilitation; near the houses there are several storage buildings, as well as a garden area with a swimming pool. The existing industrial buildings have been adapted over time, to different uses and needs; there are traditional constructions, where offices and storage used to operate, and large industrial constructions that were used for production. All the exterior space, as well as the diversity of buildings and uses, give this farm very unique characteristics in the urban context, which combined with the proximity and visual relationship with relevant historical heritage, also gives a potential for the creation of a touristic-recreational, cultural or leisure project. This is a unique opportunity for investors, or for those looking for a house in an urban context with great outdoor space for gardens, with the possibility of revenue from the existing buildings. #ref: 111975
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Currency Exchange
Elvas, Portalegre, 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 €698,000 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 |
|---|---|---|---|
| €698,000 | £593,782 | £611,825 | £18,043 |
| Property Price € | €698,000 |
| Minimum cost in the last six months | £593,782 |
| Maximum cost in the last six months | £611,825 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,043 |
Elvas, Portalegre, 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 €698,000 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 |
|---|---|---|---|
| €698,000 | £593,782 | £611,825 | £18,043 |
| Property Price € | €698,000 |
| Minimum cost in the last six months | £593,782 |
| Maximum cost in the last six months | £611,825 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,043 |
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 £18,043 more.
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