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Farm with approved project for Agritourism, includes the construction of 5 single-storey villas (2 V2 + 3 V1) plus the typical Algarvian stone house existing on site
Monchique, Faro, Portugal, 8550-240
REF: 733844
€285,000
Description
Do you want to build a Dream Refuge?
We have the ideal solution for you!
. Farm located in Monchique, in the Batikova area, with 2 water mines, 2 tanks, stream, excellent land for cultivation, several fruit trees planted, passing the Via Algarviana next to the property.
The agritourism project consists of 5 single-storey villas. (2 V2 villas and 3 V1 villas) plus the existing stone house on the site that can be transformed into a V2,
This house has a gross area of 73.11 m2 plus a porch with about 12.65 m2, (these areas are not accounted for in the project)
Located 2 km from the center of Monchique and all existing services, 20 minutes from the beautiful beaches of both Praia da Rocha and Alvor.
The License is in the payment phase, and it can be withdrawn and the work starts immediately.
We would be happy to provide the proper Budget and the Execution of the referred Work, since we are a Civil Construction Company based in Portimão O GRUPO PALSUL .
Don't miss this opportunity, schedule your visit!
Do you want to build a Dream Refuge?
We have the ideal solution for you!
. Farm located in Monchique, in the Batikova area, with 2 water mines, 2 tanks, stream, excellent land for cultivation, several fruit trees planted, passing the Via Algarviana next to the property.
The agritourism project consists of 5 single-storey villas. (2 V2 villas and 3 V1 villas) plus the existing stone house on the site that can be transformed into a V2,
This house has a gross area of 73.11 m2 plus a porch with about 12.65 m2, (these areas are not accounted for in the project)
Located 2 km from the center of Monchique and all existing services, 20 minutes from the beautiful beaches of both Praia da Rocha and Alvor.
The License is in the payment phase, and it can be withdrawn and the work starts immediately.
We would be happy to provide the proper Budget and the Execution of the referred Work, since we are a Civil Construction Company based in Portimão O GRUPO PALSUL .
Don't miss this opportunity, schedule your visit!
Read More
Property on Map
Currency Exchange
Monchique, Faro, Portugal, 8550-240
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 €285,000 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 |
|---|---|---|---|
| €285,000 | £242,447 | £249,814 | £7,367 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £242,447 |
| Maximum cost in the last six months | £249,814 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,367 |
Monchique, Faro, Portugal, 8550-240
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 €285,000 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 |
|---|---|---|---|
| €285,000 | £242,447 | £249,814 | £7,367 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £242,447 |
| Maximum cost in the last six months | £249,814 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,367 |
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 £7,367 more.
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