Apartment at the top floor - center of Monchique

Monchique, Faro, Portugal, 8550-439

For Sale

€149,500

REF: 639244 €149,500


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Description

This is the top floor of a building with only 2 apartments, with an unbeatable location - right in the historic center of the village of Monchique - Rua da Igreja. The building has so many years of history and this apartment has been recently renovated to provide the comfort of today. The apartment has an independent entrance and a wooden staircase that leads to the second floor.

There, at the end of the corridor, is a renovated kitchen, full of light through its large double-glazed window. This is followed by the spacious living room, also with plenty of natural light due to its two fronts, old wooden ceiling, a wooden floor and wooden shutters. The next division is a small room, where you can possibly have a sofa-bed in order to receive your guests, or transform this division into a smaller bedroom.

Then we find the master bedroom with good areas, the same very beautiful and well-kept floor and the wooden ceiling, maintaining the old design. We also have a lot of light in this room, due to its two fronts, and once again large double-glazed windows and wooden shutters. Finally the bathroom, also recently refurbished with a shower and an unobstructed view of the village of Monchique and the mountains.

This apartment has enormous potential for living in Monchique, as well as for the long or short-term rental market. For more information or scheduling viewings, contact me!
This is the top floor of a building with only 2 apartments, with an unbeatable location - right in the historic center of the village of Monchique - Rua da Igreja. The building has so many years of history and this apartment has been recently renovated to provide the comfort of today. The apartment has an independent entrance and a wooden staircase that leads to the second floor.

There, at the end of the corridor, is a renovated kitchen, full of light through its large double-glazed window. This is followed by the spacious living room, also with plenty of natural light due to its two fronts, old wooden ceiling, a wooden floor and wooden shutters. The next division is a small room, where you can possibly have a sofa-bed in order to receive your guests, or transform this division into a smaller bedroom.

Then we find the master bedroom with good areas, the same very beautiful and well-kept floor and the wooden ceiling, maintaining the old design. We also have a lot of light in this room, due to its two fronts, and once again large double-glazed windows and wooden shutters. Finally the bathroom, also recently refurbished with a shower and an unobstructed view of the village of Monchique and the mountains.

This apartment has enormous potential for living in Monchique, as well as for the long or short-term rental market. For more information or scheduling viewings, contact me!
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Property on Map

#1210-2509

Currency Exchange

Monchique, Faro, Portugal, 8550-439

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 €149,500 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
€149,500 £127,178 £131,043 £3,865
Property Price € €149,500
Minimum cost in the last six months £127,178
Maximum cost in the last six months £131,043
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,865

Monchique, Faro, Portugal, 8550-439

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 €149,500 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
€149,500 £127,178 £131,043 £3,865
Property Price € €149,500
Minimum cost in the last six months £127,178
Maximum cost in the last six months £131,043
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,865

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 £3,865 more.

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