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Don't miss this unique opportunity to acquire a beautiful 3-hectare of land in the charming area of Foz de Macheira, Monchique! This land has a ruin that offers the potential to become your dream home in the middle of nature
Monchique, Faro, Portugal
REF: 697950
€100,000
Description
Don't miss this unique opportunity to acquire a beautiful 3-hectare of land in the charming area of Foz de Macheira, Monchique! This land has a ruin that offers the potential to become your dream home in the middle of nature. You will find peace and quiet, away from the bustle of the city! Located just 15 minutes from Villa Monchique, you will enjoy the convenience of having services within walking distance. Faro airport is only 40 minutes away, making it easy to travel and connect with other cities. This plot is a true gem, with a variety of natural features that make it truly special. With a south orientation, you will enjoy abundant sunlight and magnificent panoramic views. The land is populated by medronhos, eucalyptus, pines and pomoid crops, creating a diverse and attractive natural environment. One of the most outstanding advantages of this land is its abundant supply of water for irrigation and domestic use. This provides the possibility of having your own crops and gardens, it also guarantees a constant supply of water to meet your daily needs. Whether you are looking for a property to build your dream home or if you are interested in developing a tourism or agricultural project, this land offers a multitude of possibilities. Monchique is a town located in the Algarve region in southern Portugal. Known for its hot springs and mild climate, it is a popular tourist destination for those who seek to relax and tan in nature. The village is picturesque, with paved roads and buildings in the traditional Algarvian style. It offers a wide variety of services and amenities, such as restaurants, lojas and tourist accommodation. Local products, such as brandy from Monchique and regional honey, are appreciated by visitors. Do not miss this investment opportunity in an area with great growth potential. Contact today for more information and to arrange a visit. >Each property is unique and has characteristics that adapt to different investors IAD PORTUGAL >A network of independent real estate consultants is always available to help sell, rent or buy a home. >Deep knowledge of the real estate market based on exclusive software, training and extensive network of contacts. > Benefit from a personalized support in all phases, from the estimate of value to the date of the operation. #ref: 96622
Don't miss this unique opportunity to acquire a beautiful 3-hectare of land in the charming area of Foz de Macheira, Monchique! This land has a ruin that offers the potential to become your dream home in the middle of nature. You will find peace and quiet, away from the bustle of the city! Located just 15 minutes from Villa Monchique, you will enjoy the convenience of having services within walking distance. Faro airport is only 40 minutes away, making it easy to travel and connect with other cities. This plot is a true gem, with a variety of natural features that make it truly special. With a south orientation, you will enjoy abundant sunlight and magnificent panoramic views. The land is populated by medronhos, eucalyptus, pines and pomoid crops, creating a diverse and attractive natural environment. One of the most outstanding advantages of this land is its abundant supply of water for irrigation and domestic use. This provides the possibility of having your own crops and gardens, it also guarantees a constant supply of water to meet your daily needs. Whether you are looking for a property to build your dream home or if you are interested in developing a tourism or agricultural project, this land offers a multitude of possibilities. Monchique is a town located in the Algarve region in southern Portugal. Known for its hot springs and mild climate, it is a popular tourist destination for those who seek to relax and tan in nature. The village is picturesque, with paved roads and buildings in the traditional Algarvian style. It offers a wide variety of services and amenities, such as restaurants, lojas and tourist accommodation. Local products, such as brandy from Monchique and regional honey, are appreciated by visitors. Do not miss this investment opportunity in an area with great growth potential. Contact today for more information and to arrange a visit. >Each property is unique and has characteristics that adapt to different investors IAD PORTUGAL >A network of independent real estate consultants is always available to help sell, rent or buy a home. >Deep knowledge of the real estate market based on exclusive software, training and extensive network of contacts. > Benefit from a personalized support in all phases, from the estimate of value to the date of the operation. #ref: 96622
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Currency Exchange
Monchique, Faro, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £85,069 | £87,654 | £2,585 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £85,069 |
| Maximum cost in the last six months | £87,654 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,585 |
Monchique, Faro, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £85,069 | £87,654 | £2,585 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £85,069 |
| Maximum cost in the last six months | £87,654 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,585 |
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 £2,585 more.
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