[kai]

The area is ribatejo region, closest town to us is tomar,
and the property is an old farm with several buildings that we are going to convert.
Should be around 300square meters of construction when finished. Pool terraces etc.
trouble is this will all cost. Even though labour rates for builders there is very cheap 8 euros per hour and materials are relatively cheap. I am concerned that there are new build villas near me for less than 300,000 euros.
although we love the area and are happy to use the place as a holiday home and possibly rent it out, I would welcome some info from anyone that knows the market in that area, it does appear the older character homes do fetch better prices than new builds if rebuilt to a high standard.
Thanks
Kai