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️ EXCLUSIVE INVESTMENT OPPORTUNITY – URBAN PLOT WITH HIGH DEVELOPMENT POTENTIAL IN AIRES, PALMELA Strategically located land with approved construction capacity – Ideal for residential or tourism projects Property Details: • Total land area: 1,763 m² • Building footprint allowed: 198
Palmela, Setúbal, Portugal
REF: 990058
€240,000
Description
️ EXCLUSIVE INVESTMENT OPPORTUNITY – URBAN PLOT WITH HIGH DEVELOPMENT POTENTIAL IN AIRES, PALMELA Strategically located land with approved construction capacity – Ideal for residential or tourism projects Property Details: • Total land area: 1,763 m² • Building footprint allowed: 198.60 m² • Gross construction area permitted: 595.80 m² This urban plot is located in Aires, a peaceful village in the municipality of Palmela, and represents an excellent opportunity for investors or developers seeking to build in a fast-growing and highly attractive region. A peaceful setting with excellent accessibility and quality of life Aires offers the perfect balance between rural tranquility and urban proximity. The plot is conveniently located: •5 minutes from Palmela’s historical center •10 minutes from Setúbal and the Arrábida beaches •30 minutes from Lisbon, via the A2 motorway or direct train connections The area is increasingly popular with families, retirees, digital nomads, and international investors, thanks to its safety, nature, and lifestyle advantages. ️ A strategic investment with strong development potential With a gross construction area of nearly 600 m², this plot is ideal for a range of real estate projects: •A small residential apartment building •A row of modern townhouses •A tourism-oriented project (such as short-term rentals or a boutique aparthotel) •A senior residence, co-living, or mixed-use project Given the rising demand for new homes in the region, this is a solid investment with strong medium to long-term returns. Palmela & Aires – Heritage, Wine and Potential Palmela is a region of tradition, beauty and wine. Known for its medieval castle, award-winning Moscatel wines, and panoramic views over the Sado Estuary, Palmela is attracting increasing attention from both Portuguese and international buyers. The village of Aires retains its charming, community-oriented atmosphere while benefiting from the development of nearby infrastructure, services, and tourism. Why invest here? ✅ Urban plot with clear and legal building potential ✅ Strategic location near Lisbon, Setúbal and Palmela ✅ Peaceful area with excellent infrastructure ✅ High demand for new housing and rental accommodation ✅ Strong appreciation potential and rental yields. #ref: 143001
️ EXCLUSIVE INVESTMENT OPPORTUNITY – URBAN PLOT WITH HIGH DEVELOPMENT POTENTIAL IN AIRES, PALMELA Strategically located land with approved construction capacity – Ideal for residential or tourism projects Property Details: • Total land area: 1,763 m² • Building footprint allowed: 198.60 m² • Gross construction area permitted: 595.80 m² This urban plot is located in Aires, a peaceful village in the municipality of Palmela, and represents an excellent opportunity for investors or developers seeking to build in a fast-growing and highly attractive region. A peaceful setting with excellent accessibility and quality of life Aires offers the perfect balance between rural tranquility and urban proximity. The plot is conveniently located: •5 minutes from Palmela’s historical center •10 minutes from Setúbal and the Arrábida beaches •30 minutes from Lisbon, via the A2 motorway or direct train connections The area is increasingly popular with families, retirees, digital nomads, and international investors, thanks to its safety, nature, and lifestyle advantages. ️ A strategic investment with strong development potential With a gross construction area of nearly 600 m², this plot is ideal for a range of real estate projects: •A small residential apartment building •A row of modern townhouses •A tourism-oriented project (such as short-term rentals or a boutique aparthotel) •A senior residence, co-living, or mixed-use project Given the rising demand for new homes in the region, this is a solid investment with strong medium to long-term returns. Palmela & Aires – Heritage, Wine and Potential Palmela is a region of tradition, beauty and wine. Known for its medieval castle, award-winning Moscatel wines, and panoramic views over the Sado Estuary, Palmela is attracting increasing attention from both Portuguese and international buyers. The village of Aires retains its charming, community-oriented atmosphere while benefiting from the development of nearby infrastructure, services, and tourism. Why invest here? ✅ Urban plot with clear and legal building potential ✅ Strategic location near Lisbon, Setúbal and Palmela ✅ Peaceful area with excellent infrastructure ✅ High demand for new housing and rental accommodation ✅ Strong appreciation potential and rental yields. #ref: 143001
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Currency Exchange
Palmela, Setúbal, 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 €240,000 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 |
|---|---|---|---|
| €240,000 | £198,108 | £210,077 | £11,969 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £198,108 |
| Maximum cost in the last six months | £210,077 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,969 |
Palmela, Setúbal, 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 €240,000 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 |
|---|---|---|---|
| €240,000 | £198,108 | £210,077 | £11,969 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £198,108 |
| Maximum cost in the last six months | £210,077 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,969 |
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 £11,969 more.
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