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ERPI - Residential Equipment for the Elderly Land with Approved Project 1,500m from Santa Cruz Beach – Unique Investment Opportunity! Senior Residence Project in Povoa de Penafirme Premium Location Located in the municipality of Torres Vedras, just 50 km north of Lisbon and 1,500 meters from Sant
Torres Vedras, Lisboa, Portugal
REF: 995190
€1,500,000
Description
ERPI - Residential Equipment for the Elderly Land with Approved Project 1,500m from Santa Cruz Beach – Unique Investment Opportunity! Senior Residence Project in Povoa de Penafirme Premium Location Located in the municipality of Torres Vedras, just 50 km north of Lisbon and 1,500 meters from Santa Cruz Beach. The construction of the new motorway that will connect the A8 directly to Santa Cruz Beach is underway, allowing you to get there from Lisbon in just 30 minutes. ️ Land Features and Construction Potential ✅ Total area: 40,000 m² ✅ Construction area of the approved project: 7,400 m² ✅ Additional construction potential: possibility of expanding up to 15,000 m² (information confirmed by the Torres Vedras City Council) ✅ Flexibility of use: in addition to the initial project, a new building with distinct areas may be authorized in the future. Additional Values and Expansion Possibilities This project has enormous potential for health and senior care areas, and may include: Geriatric hospital Physiotherapy and rehabilitation clinic Small accommodation unit for family members and companions of users Other equipment to support well-being and health. Exclusive Benefits ✔️ Municipal Interest Classification, allowing exemption from payment of municipal fees and taxes ✔️ Strong potential for appreciation, given the proximity to the coast and new road accesses ✔️ Excellent landscaping and environmental quality More Information and Visits If you are looking for a unique project with high social and economic impact, contact us to schedule a meeting or visit to the site. Paulo Alexandre Gomes 968 460 171 #ref: 144539
ERPI - Residential Equipment for the Elderly Land with Approved Project 1,500m from Santa Cruz Beach – Unique Investment Opportunity! Senior Residence Project in Povoa de Penafirme Premium Location Located in the municipality of Torres Vedras, just 50 km north of Lisbon and 1,500 meters from Santa Cruz Beach. The construction of the new motorway that will connect the A8 directly to Santa Cruz Beach is underway, allowing you to get there from Lisbon in just 30 minutes. ️ Land Features and Construction Potential ✅ Total area: 40,000 m² ✅ Construction area of the approved project: 7,400 m² ✅ Additional construction potential: possibility of expanding up to 15,000 m² (information confirmed by the Torres Vedras City Council) ✅ Flexibility of use: in addition to the initial project, a new building with distinct areas may be authorized in the future. Additional Values and Expansion Possibilities This project has enormous potential for health and senior care areas, and may include: Geriatric hospital Physiotherapy and rehabilitation clinic Small accommodation unit for family members and companions of users Other equipment to support well-being and health. Exclusive Benefits ✔️ Municipal Interest Classification, allowing exemption from payment of municipal fees and taxes ✔️ Strong potential for appreciation, given the proximity to the coast and new road accesses ✔️ Excellent landscaping and environmental quality More Information and Visits If you are looking for a unique project with high social and economic impact, contact us to schedule a meeting or visit to the site. Paulo Alexandre Gomes 968 460 171 #ref: 144539
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Currency Exchange
Torres Vedras, Lisboa, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,238,175 | £1,302,165 | £63,990 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,238,175 |
| Maximum cost in the last six months | £1,302,165 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,990 |
Torres Vedras, Lisboa, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,238,175 | £1,302,165 | £63,990 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,238,175 |
| Maximum cost in the last six months | £1,302,165 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,990 |
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 £63,990 more.
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