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Welcome to the foothills of Monte Farinha, a place full of history, magnificent landscapes and culture
Mondim de Basto, Vila Real, Portugal
REF: 427598
€58,000
Description
Welcome to the foothills of Monte Farinha, a place full of history, magnificent landscapes and culture. We are pleased to present you with two Stone Ruins / Houses that will provide you with a unique opportunity to rebuild and create a dream haven in this beautiful location. The land with 480m2 consists of two ruins that have a lot of architectural value and history for the place. The first house has a gross construction area of 360m2, while the second has a gross construction area of 160m2. There is the possibility of reconstruction for own housing or for the creation of rural tourism or local accommodation. The location is perfect, in the center of the parish of Campos, next to the Chapel of São Gonçalo de Campos. It is flanked on two sides by public paths and has three entrance gates to the land, making it very accessible. The municipal road that serves the site allows good access. The land is also complemented with an area of attached agricultural land with old vines, which enhances the architectural complex and provides a natural and peaceful environment. The views of the surrounding countryside are breathtaking and this is a perfect spot to enjoy peace and quiet. It is located at the foot of Monte Farinha, which offers impressive panoramic views. The distance to Mondim de Bastos is just 8 minutes or 5 km, while Vila Real is just 50 minutes or 35 km and Porto is 90 km or 1h15m. Don't miss this unique opportunity to own a property of historical, cultural and architectural value in this charming location. Contact us today to schedule a viewing and discover the beauty and possibilities of this exclusive IAD property. Watch the promotional video on Youtube Channel Douro Real Estate *At IAD we share business with any consultant or real estate agency. We promote properties in more than 250 national and international real estate portals. If you are a professional in the sector and have a qualified buyer, contact me and schedule your visit. #ref: 66548
Welcome to the foothills of Monte Farinha, a place full of history, magnificent landscapes and culture. We are pleased to present you with two Stone Ruins / Houses that will provide you with a unique opportunity to rebuild and create a dream haven in this beautiful location. The land with 480m2 consists of two ruins that have a lot of architectural value and history for the place. The first house has a gross construction area of 360m2, while the second has a gross construction area of 160m2. There is the possibility of reconstruction for own housing or for the creation of rural tourism or local accommodation. The location is perfect, in the center of the parish of Campos, next to the Chapel of São Gonçalo de Campos. It is flanked on two sides by public paths and has three entrance gates to the land, making it very accessible. The municipal road that serves the site allows good access. The land is also complemented with an area of attached agricultural land with old vines, which enhances the architectural complex and provides a natural and peaceful environment. The views of the surrounding countryside are breathtaking and this is a perfect spot to enjoy peace and quiet. It is located at the foot of Monte Farinha, which offers impressive panoramic views. The distance to Mondim de Bastos is just 8 minutes or 5 km, while Vila Real is just 50 minutes or 35 km and Porto is 90 km or 1h15m. Don't miss this unique opportunity to own a property of historical, cultural and architectural value in this charming location. Contact us today to schedule a viewing and discover the beauty and possibilities of this exclusive IAD property. Watch the promotional video on Youtube Channel Douro Real Estate *At IAD we share business with any consultant or real estate agency. We promote properties in more than 250 national and international real estate portals. If you are a professional in the sector and have a qualified buyer, contact me and schedule your visit. #ref: 66548
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Currency Exchange
Mondim de Basto, Vila Real, 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 €58,000 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 |
|---|---|---|---|
| €58,000 | £49,340 | £50,839 | £1,499 |
| Property Price € | €58,000 |
| Minimum cost in the last six months | £49,340 |
| Maximum cost in the last six months | £50,839 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,499 |
Mondim de Basto, Vila Real, 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 €58,000 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 |
|---|---|---|---|
| €58,000 | £49,340 | £50,839 | £1,499 |
| Property Price € | €58,000 |
| Minimum cost in the last six months | £49,340 |
| Maximum cost in the last six months | £50,839 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,499 |
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 £1,499 more.
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