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Farm located between Guia and Vale de Parra in the Algarve
Albufeira, Faro, Portugal, 8200-418
REF: 611948
€4,300,000
Description
Farm located between Guia and Vale de Parra in the Algarve, renovated, with main house + 4 houses, generating a total of 11 apartments.
It has a beautiful decommissioned olive oil mill, dating back to the times of the farm and gives it an air of nostalgia.
It is a few minutes' drive from Galé Beach, Salgados Golf or even the centers of Albufeira, Armação de Pêra or Guia.
On the 56,000m2 of land there are centuries-old trees and a wide range of olive trees, fig trees, roseflats and fruit trees.
The farm has 11 apartments for tourist exploration with local accommodation license.
Each unit conveys an Algarvian charm, typical of this Mediterranean environment.
The property has a large communal swimming pool to give its inhabitants/visitors the opportunity for leisure and cool off during hot summer days and evenings.
Great potential for breeding, like horses.
Summing up:Land 56.000m2
Living area 860m2
11 apartments
Large pool area
Laundry
Fenced
Parking.
Algarve-style farm, well maintained, with Mediterranean charm.
Contact us to schedule a visit to this very distinctive investment opportunity.
Farm located between Guia and Vale de Parra in the Algarve, renovated, with main house + 4 houses, generating a total of 11 apartments.
It has a beautiful decommissioned olive oil mill, dating back to the times of the farm and gives it an air of nostalgia.
It is a few minutes' drive from Galé Beach, Salgados Golf or even the centers of Albufeira, Armação de Pêra or Guia.
On the 56,000m2 of land there are centuries-old trees and a wide range of olive trees, fig trees, roseflats and fruit trees.
The farm has 11 apartments for tourist exploration with local accommodation license.
Each unit conveys an Algarvian charm, typical of this Mediterranean environment.
The property has a large communal swimming pool to give its inhabitants/visitors the opportunity for leisure and cool off during hot summer days and evenings.
Great potential for breeding, like horses.
Summing up:Land 56.000m2
Living area 860m2
11 apartments
Large pool area
Laundry
Fenced
Parking.
Algarve-style farm, well maintained, with Mediterranean charm.
Contact us to schedule a visit to this very distinctive investment opportunity.
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Property on Map
Currency Exchange
Albufeira, Faro, Portugal, 8200-418
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 €4,300,000 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 |
|---|---|---|---|
| €4,300,000 | £3,657,967 | £3,769,122 | £111,155 |
| Property Price € | €4,300,000 |
| Minimum cost in the last six months | £3,657,967 |
| Maximum cost in the last six months | £3,769,122 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £111,155 |
Albufeira, Faro, Portugal, 8200-418
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 €4,300,000 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 |
|---|---|---|---|
| €4,300,000 | £3,657,967 | £3,769,122 | £111,155 |
| Property Price € | €4,300,000 |
| Minimum cost in the last six months | £3,657,967 |
| Maximum cost in the last six months | £3,769,122 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £111,155 |
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 £111,155 more.
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