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Housing to Recover
Rio Maior, Santarém, Portugal
REF: 934646
€75,000
Description
Housing to Recover. This unique property is located in the charming village of Arrouquelas, in the municipality of Rio Maior, offering a unique opportunity to create your refuge in the heart of Ribatejo. With a total area of 823 m² of land and 400 m² of construction, this house requires rehabilitation, allowing you to customize the space to your taste and needs. The property includes a well, ideal for irrigation or other purposes, making it perfect for those looking to enjoy rural life with total autonomy. This house can become the home of your dreams or an investment with high potential. The property presents excellent construction feasibility, allowing: • 48% of useful construction area, corresponding to 384.56 m² of gross area; • 3.3 dwellings distributed over 3 floors (ground floor + 2); • Attachments measuring 123.3 m², with the possibility of expanding to 246.6 m², if including a garage. Located in a central area of the village, this property offers tranquility and proximity to local services. It also benefits from a privileged location: just 10 minutes from Rio Maior, 15 minutes from Santarém, and 40 minutes from the stunning Silver Coast, known for its charming beaches. Lisbon is just 50 minutes away. Don't miss this unique opportunity to create your ideal project! #ref: 135815
Housing to Recover. This unique property is located in the charming village of Arrouquelas, in the municipality of Rio Maior, offering a unique opportunity to create your refuge in the heart of Ribatejo. With a total area of 823 m² of land and 400 m² of construction, this house requires rehabilitation, allowing you to customize the space to your taste and needs. The property includes a well, ideal for irrigation or other purposes, making it perfect for those looking to enjoy rural life with total autonomy. This house can become the home of your dreams or an investment with high potential. The property presents excellent construction feasibility, allowing: • 48% of useful construction area, corresponding to 384.56 m² of gross area; • 3.3 dwellings distributed over 3 floors (ground floor + 2); • Attachments measuring 123.3 m², with the possibility of expanding to 246.6 m², if including a garage. Located in a central area of the village, this property offers tranquility and proximity to local services. It also benefits from a privileged location: just 10 minutes from Rio Maior, 15 minutes from Santarém, and 40 minutes from the stunning Silver Coast, known for its charming beaches. Lisbon is just 50 minutes away. Don't miss this unique opportunity to create your ideal project! #ref: 135815
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Currency Exchange
Rio Maior, 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 €75,000 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 |
|---|---|---|---|
| €75,000 | £61,793 | £65,107 | £3,314 |
| Property Price € | €75,000 |
| Minimum cost in the last six months | £61,793 |
| Maximum cost in the last six months | £65,107 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,314 |
Rio Maior, 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 €75,000 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 |
|---|---|---|---|
| €75,000 | £61,793 | £65,107 | £3,314 |
| Property Price € | €75,000 |
| Minimum cost in the last six months | £61,793 |
| Maximum cost in the last six months | £65,107 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,314 |
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 £3,314 more.
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