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PORTUGAL - ALGARVE - ALJEZUR A hidden gem, a magical place where your imagination will be your only limit
Aljezur, Faro, Portugal
REF: 929270
€365,000
Description
PORTUGAL - ALGARVE - ALJEZUR A hidden gem, a magical place where your imagination will be your only limit... Discover this enchanting piece of land located between Aljezur and Lagos (Espinhaço de Cão), a natural amphitheater unveiling 24 hectares of unspoiled nature, with a shimmering blue lake, a river, a ruin to rebuild and a charming wooden dome. This property offers complete seclusion, being accessible through a dirt road for 15 minutes. Ideal for an off-grid lifestyle. A former distillery has been legalized and offers the possibility to build a house up to 100 m², according to the rules of the Natura 2000 network. According to the PDM of Aljezur, it would be possible to expand up to 300 m² for housing purposes, more 200 m² for agriculture and 2000 m² for tourism, subject to obtaining a favorable opinion from the ICNF (organism managing the Natura 2000 network) that may require an environmental impact study. The dome offers a cozy open space of 80 m², equipped with a 5KW solar system and a filtration water system. The waste water is used to irrigate an organic crop. The property presents an exceptional biodiversity, including an abundance of medronho trees and cork oaks, offering also a substantial additional source of income. This is your opportunity to acquire a piece of paradise in the Western Algarve, and establish a peaceful retreat in a unique location. Contact us for detailed information and to schedule your visit ! Aljezur & Lagos 20 km Bensafrim 15 min Praia do Amado 30 min Praia da Arrifana 30 min Faro Airport 60 min IAD's reliability in Portugal, as a subsidiary of an international group operating in France, Spain, Italy, Germany, Mexico, and in the United States, ensures you a high-quality service and a comprehensive range of services to realize your project. #ref: 134597
PORTUGAL - ALGARVE - ALJEZUR A hidden gem, a magical place where your imagination will be your only limit... Discover this enchanting piece of land located between Aljezur and Lagos (Espinhaço de Cão), a natural amphitheater unveiling 24 hectares of unspoiled nature, with a shimmering blue lake, a river, a ruin to rebuild and a charming wooden dome. This property offers complete seclusion, being accessible through a dirt road for 15 minutes. Ideal for an off-grid lifestyle. A former distillery has been legalized and offers the possibility to build a house up to 100 m², according to the rules of the Natura 2000 network. According to the PDM of Aljezur, it would be possible to expand up to 300 m² for housing purposes, more 200 m² for agriculture and 2000 m² for tourism, subject to obtaining a favorable opinion from the ICNF (organism managing the Natura 2000 network) that may require an environmental impact study. The dome offers a cozy open space of 80 m², equipped with a 5KW solar system and a filtration water system. The waste water is used to irrigate an organic crop. The property presents an exceptional biodiversity, including an abundance of medronho trees and cork oaks, offering also a substantial additional source of income. This is your opportunity to acquire a piece of paradise in the Western Algarve, and establish a peaceful retreat in a unique location. Contact us for detailed information and to schedule your visit ! Aljezur & Lagos 20 km Bensafrim 15 min Praia do Amado 30 min Praia da Arrifana 30 min Faro Airport 60 min IAD's reliability in Portugal, as a subsidiary of an international group operating in France, Spain, Italy, Germany, Mexico, and in the United States, ensures you a high-quality service and a comprehensive range of services to realize your project. #ref: 134597
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Currency Exchange
Aljezur, Faro, 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 €365,000 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 |
|---|---|---|---|
| €365,000 | £301,289 | £317,181 | £15,892 |
| Property Price € | €365,000 |
| Minimum cost in the last six months | £301,289 |
| Maximum cost in the last six months | £317,181 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,892 |
Aljezur, Faro, 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 €365,000 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 |
|---|---|---|---|
| €365,000 | £301,289 | £317,181 | £15,892 |
| Property Price € | €365,000 |
| Minimum cost in the last six months | £301,289 |
| Maximum cost in the last six months | £317,181 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,892 |
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 £15,892 more.
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