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The property features a three-bedroom villa with an infinity pool, a 500-meter-long artificial lake, two small ponds, a well, and two drinking water openings
Castro Marim, Portugal
REF: 410938
€2,380,000
Description
The property features a three-bedroom villa with an infinity pool, a 500-meter-long artificial lake, two small ponds, a well, and two drinking water openings. It also features a hunting pavilion that is fully outfitted for hosting events and can accommodate up to 150 people. It is currently the licensing application for four small bungalows. In various areas of the property, sites have been prepared for a future camping car project, shall a future owner so desire. The lake is home to numerous fish species, making it ideal for angling, canoeing, swimming, etc. It has planted approximately 100,000 pine trees, which, due to their youth, have not yet reached maximum production. The entire property is enclosed with netting and has several marked walking trails. Its terrain permits the use of these routes for motocross and mountain biking (MTB) practice. This is a one-of-a-kind property where you can breathe serenity and tranquilly, surrounded by a beautiful landscape, and with enormous potential for tourism, yoga retreats, meditation, and other activities, all in complete harmony with nature. CHARACTERISTICS:Plot Area: 1 225 600 m2 | 13 192 249 sq ftArea: 246 m2 | 2 643 sq ftDeployment Area: 175 m2 | 1 884 sq ftBuilding Area: 246 m2 | 2 643 sq ftBedrooms: 3Bathrooms: 4Energy efficiency: A+FEATURES:Three ensuite bedrooms Air conditioning Fireplace Equipped kitchen Solar panel Restaurant Swimming pool Artificial lake Ponds Drinking water hole Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
The property features a three-bedroom villa with an infinity pool, a 500-meter-long artificial lake, two small ponds, a well, and two drinking water openings. It also features a hunting pavilion that is fully outfitted for hosting events and can accommodate up to 150 people. It is currently the licensing application for four small bungalows. In various areas of the property, sites have been prepared for a future camping car project, shall a future owner so desire. The lake is home to numerous fish species, making it ideal for angling, canoeing, swimming, etc. It has planted approximately 100,000 pine trees, which, due to their youth, have not yet reached maximum production. The entire property is enclosed with netting and has several marked walking trails. Its terrain permits the use of these routes for motocross and mountain biking (MTB) practice. This is a one-of-a-kind property where you can breathe serenity and tranquilly, surrounded by a beautiful landscape, and with enormous potential for tourism, yoga retreats, meditation, and other activities, all in complete harmony with nature. CHARACTERISTICS:Plot Area: 1 225 600 m2 | 13 192 249 sq ftArea: 246 m2 | 2 643 sq ftDeployment Area: 175 m2 | 1 884 sq ftBuilding Area: 246 m2 | 2 643 sq ftBedrooms: 3Bathrooms: 4Energy efficiency: A+FEATURES:Three ensuite bedrooms Air conditioning Fireplace Equipped kitchen Solar panel Restaurant Swimming pool Artificial lake Ponds Drinking water hole Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Currency Exchange
Castro Marim, 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 €2,380,000 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 |
|---|---|---|---|
| €2,380,000 | £2,024,642 | £2,086,165 | £61,523 |
| Property Price € | €2,380,000 |
| Minimum cost in the last six months | £2,024,642 |
| Maximum cost in the last six months | £2,086,165 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £61,523 |
Castro Marim, 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 €2,380,000 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 |
|---|---|---|---|
| €2,380,000 | £2,024,642 | £2,086,165 | £61,523 |
| Property Price € | €2,380,000 |
| Minimum cost in the last six months | £2,024,642 |
| Maximum cost in the last six months | £2,086,165 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £61,523 |
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 £61,523 more.
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