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Estate with Great Agricultural and Tourist Potential in Baixo Alentejo
Ourique, Beja, Portugal, 7670-214
REF: 955532
€8,000,000
Description
Estate in Baixo Alentejo with 670 hectares, featuring partially renovated villa, olive groves, cork oak, and infrastructure ideal for agricultural or tourism ventures. Situated in Baixo Alentejo, just 50 minutes from Albufeira and 90 minutes from Lisbon, this estate boasts excellent accessibility.
The breathtaking landscape and the home's prime location next to a dam provide stunning 360º panoramic views. Most of the estate lies on a peneplain, allowing full utilization of the land.
Covering 670 hectares, it features 53 hectares of cork oak and holm oak, 132 hectares of olive groves and arable crops, as well as fertile pastureland. The property includes three lakes (two measuring 100 x 30 meters and one 150 x 50 meters, all 3 meters deep), with a licence for an additional one, three boreholes, and a permit for one more.
The partially renovated villa comprises three independent units and a 2,000 m² agricultural warehouse. With high-quality soil, the estate holds great potential for agricultural or tourism projects.
Currently inactive, previously, it supported 600 cows, 150 sheep, and 150 pigs, with sufficient agricultural production to sustain the livestock while also generating surplus hay and feed for sale.
Estate in Baixo Alentejo with 670 hectares, featuring partially renovated villa, olive groves, cork oak, and infrastructure ideal for agricultural or tourism ventures. Situated in Baixo Alentejo, just 50 minutes from Albufeira and 90 minutes from Lisbon, this estate boasts excellent accessibility.
The breathtaking landscape and the home's prime location next to a dam provide stunning 360º panoramic views. Most of the estate lies on a peneplain, allowing full utilization of the land.
Covering 670 hectares, it features 53 hectares of cork oak and holm oak, 132 hectares of olive groves and arable crops, as well as fertile pastureland. The property includes three lakes (two measuring 100 x 30 meters and one 150 x 50 meters, all 3 meters deep), with a licence for an additional one, three boreholes, and a permit for one more.
The partially renovated villa comprises three independent units and a 2,000 m² agricultural warehouse. With high-quality soil, the estate holds great potential for agricultural or tourism projects.
Currently inactive, previously, it supported 600 cows, 150 sheep, and 150 pigs, with sufficient agricultural production to sustain the livestock while also generating surplus hay and feed for sale.
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Currency Exchange
Ourique, Beja, Portugal, 7670-214
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 €8,000,000 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 |
|---|---|---|---|
| €8,000,000 | £6,591,200 | £6,944,720 | £353,520 |
| Property Price € | €8,000,000 |
| Minimum cost in the last six months | £6,591,200 |
| Maximum cost in the last six months | £6,944,720 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £353,520 |
Ourique, Beja, Portugal, 7670-214
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 €8,000,000 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 |
|---|---|---|---|
| €8,000,000 | £6,591,200 | £6,944,720 | £353,520 |
| Property Price € | €8,000,000 |
| Minimum cost in the last six months | £6,591,200 |
| Maximum cost in the last six months | £6,944,720 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £353,520 |
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 £353,520 more.
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