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Rustic land of 11
Albufeira, Faro, Portugal
REF: 986237
€250,000
Description
Rustic land of 11.140 hectares with a registered ruin on a 350 m² urban plot – Exceptional panoramic views of the Paderne Castle Situated in the charming and peaceful region of Paderne, just 15 km from the city of Albufeira and 35 km from Faro International Airport, this remarkable property offers the perfect blend of privacy, space, and natural beauty. The land consists of a rustic plot of 11.140 hectares, offering excellent potential for ecological living, rural tourism, or agricultural use. Additionally, there is a 350 m² urban plot, legally registered, allowing for construction and development. On the urban parcel sits a registered ruin with a total gross area of 118 m², divided into 71 m² of private gross area and 47 m² of dependent gross area. This offers the possibility to restore or expand a house, creating a charming countryside residence in harmony with the landscape. The land is positioned on a hilltop, offering 360-degree panoramic views of the surrounding countryside, the historic Paderne Castle, and a nearby river that enhances the tranquility of the setting. This unique elevation provides not only breathtaking views but also a sense of seclusion and privacy. Although electricity connections are nearby, the terrain is perfectly suited for a self-sufficient, off-grid project, including solar panel installation for sustainable and independent living. This property represents a rare opportunity to invest in a scenic, authentic area of the Algarve, ideal for nature lovers, investors, or anyone seeking a peaceful lifestyle. Contact us now for more information or to schedule a visit. ________________________________________ #ref: 143964
Rustic land of 11.140 hectares with a registered ruin on a 350 m² urban plot – Exceptional panoramic views of the Paderne Castle Situated in the charming and peaceful region of Paderne, just 15 km from the city of Albufeira and 35 km from Faro International Airport, this remarkable property offers the perfect blend of privacy, space, and natural beauty. The land consists of a rustic plot of 11.140 hectares, offering excellent potential for ecological living, rural tourism, or agricultural use. Additionally, there is a 350 m² urban plot, legally registered, allowing for construction and development. On the urban parcel sits a registered ruin with a total gross area of 118 m², divided into 71 m² of private gross area and 47 m² of dependent gross area. This offers the possibility to restore or expand a house, creating a charming countryside residence in harmony with the landscape. The land is positioned on a hilltop, offering 360-degree panoramic views of the surrounding countryside, the historic Paderne Castle, and a nearby river that enhances the tranquility of the setting. This unique elevation provides not only breathtaking views but also a sense of seclusion and privacy. Although electricity connections are nearby, the terrain is perfectly suited for a self-sufficient, off-grid project, including solar panel installation for sustainable and independent living. This property represents a rare opportunity to invest in a scenic, authentic area of the Algarve, ideal for nature lovers, investors, or anyone seeking a peaceful lifestyle. Contact us now for more information or to schedule a visit. ________________________________________ #ref: 143964
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Property on Map
Currency Exchange
Albufeira, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £206,340 | £217,023 | £10,683 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £206,340 |
| Maximum cost in the last six months | £217,023 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,683 |
Albufeira, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £206,340 | £217,023 | £10,683 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £206,340 |
| Maximum cost in the last six months | £217,023 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,683 |
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 £10,683 more.
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