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6 bedroom property for rural tourism for sale in Monchique with Seaviews
Monchique, Portugal
REF: 740850
€1,400,000
Description
This charming property is ideal for a Rural Tourism Hotel and Agrotourism. It is located in Monchique and built in 2015 on a farm surrounded by almost two hectares of countryside. The property combines rustic style with modern design, featuring large windows and solid granite stones for excellent insulation. The estate includes a living room with fireplace, kitchen, breakfast room with magnificent mountain views, and as well there are few storage rooms, laundry room, and two guest toilets. An elevator connects both levels of the property, from the main reception area to the accommodation part. The property features six modern bedrooms and a covered terrace offering breathtaking seaviews. Each bedroom has a private bathroom, television, fibre internet connection and air conditioning. In the land, there is also an organic vegetable garden, chicken and donkey breeding facilities, various indigenous trees, a wine cellar, and jam-making equipment. In the lower part of the property, there is a separate house, renovated in traditional-style featuring a kitchen, bathroom, dining room, and bedroom. Located just a ten-minute drive from Monchique town, this property offers easy access to picturesque green mountains, traditional and gourmet restaurants, cycling routes, surf, and Autodrome races. There is also a potential to establish a horse stable, and also to develop a project based on agriculture and tourism of 2000 square meters.
This charming property is ideal for a Rural Tourism Hotel and Agrotourism. It is located in Monchique and built in 2015 on a farm surrounded by almost two hectares of countryside. The property combines rustic style with modern design, featuring large windows and solid granite stones for excellent insulation. The estate includes a living room with fireplace, kitchen, breakfast room with magnificent mountain views, and as well there are few storage rooms, laundry room, and two guest toilets. An elevator connects both levels of the property, from the main reception area to the accommodation part. The property features six modern bedrooms and a covered terrace offering breathtaking seaviews. Each bedroom has a private bathroom, television, fibre internet connection and air conditioning. In the land, there is also an organic vegetable garden, chicken and donkey breeding facilities, various indigenous trees, a wine cellar, and jam-making equipment. In the lower part of the property, there is a separate house, renovated in traditional-style featuring a kitchen, bathroom, dining room, and bedroom. Located just a ten-minute drive from Monchique town, this property offers easy access to picturesque green mountains, traditional and gourmet restaurants, cycling routes, surf, and Autodrome races. There is also a potential to establish a horse stable, and also to develop a project based on agriculture and tourism of 2000 square meters.
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Currency Exchange
Monchique, 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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,190,966 | £1,227,156 | £36,190 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,190,966 |
| Maximum cost in the last six months | £1,227,156 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £36,190 |
Monchique, 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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,190,966 | £1,227,156 | £36,190 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,190,966 |
| Maximum cost in the last six months | £1,227,156 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £36,190 |
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 £36,190 more.
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