4 Bedroom Villa For Sale in Monchique

Monchique, Faro, Portugal, 8550-152

For Sale

€875,000

REF: 751578 €875,000


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Description

This four-bedroom villa with a private pool is for sale in Marmelete, Monchique. The property is positioned in a picturesque area surrounded by the Monchique Mountains. Monchique provides an escape from the busier and more touristy areas of the Algarve and has a number of historic attractions to visit.

The property is also in close proximity to the International Autodrome of Algarve, local shops and schools. For those also looking to experience the beaches and resorts that the Algarve is famou.. This four-bedroom villa with a private pool is for sale in Marmelete, Monchique. The property is positioned in a picturesque area surrounded by the Monchique Mountains.

The villa is arranged across one floor offering bright and airy living accommodation. There is a living area complete with a fireplace leading into an open-plan kitchen. The modern kitchen is complete with an induction hob and a breakfast bar with a seating area. The property also features a spacious master bedroom with an en-suite, a mezzanine leading out to a terrace with scenic views and a further reception room that could be used as a cinema room.

There are two further well-proportioned bedrooms with access to a Jack and Jill style bathroom and a further fourth bedroom which would make an ideal home office. Outside the property boasts a large private swimming pool with an automatic solar pool cover, a covered outdoor kitchen with BBQ and landscaped grounds with a range of tropical plants and trees.

The garden also features an outdoor aquarium and access to water which has the potential to become a borehole subject to applying for a license. Completing the property is a solar-powered annexe which is currently being used as a games room and a wooden cabin. The self-contained wooden cabin is complete with three bedrooms, a bathroom, a kitchenette with a dining area and a terrace area.

This would make a fantastic opportunity to generate an income as a holiday rental. Additional features include: Ring camera system, internet access via Bigblu satellite, air-conditioning and a gated entrance. Monchique provides an escape from the busier and more touristy areas of the Algarve and has a number of historic attractions to visit.

The property is also in close proximity to the International Autodrome of Algarve, local shops and schools. For those also looking to experience the beaches and resorts that the Algarve is famous for, the lovely town of Alvor is only half an hour away and boasts a long open beach, rolling sand dunes and a variety of restaurants.
This four-bedroom villa with a private pool is for sale in Marmelete, Monchique. The property is positioned in a picturesque area surrounded by the Monchique Mountains. Monchique provides an escape from the busier and more touristy areas of the Algarve and has a number of historic attractions to visit.

The property is also in close proximity to the International Autodrome of Algarve, local shops and schools. For those also looking to experience the beaches and resorts that the Algarve is famou.. This four-bedroom villa with a private pool is for sale in Marmelete, Monchique. The property is positioned in a picturesque area surrounded by the Monchique Mountains.

The villa is arranged across one floor offering bright and airy living accommodation. There is a living area complete with a fireplace leading into an open-plan kitchen. The modern kitchen is complete with an induction hob and a breakfast bar with a seating area. The property also features a spacious master bedroom with an en-suite, a mezzanine leading out to a terrace with scenic views and a further reception room that could be used as a cinema room.

There are two further well-proportioned bedrooms with access to a Jack and Jill style bathroom and a further fourth bedroom which would make an ideal home office. Outside the property boasts a large private swimming pool with an automatic solar pool cover, a covered outdoor kitchen with BBQ and landscaped grounds with a range of tropical plants and trees.

The garden also features an outdoor aquarium and access to water which has the potential to become a borehole subject to applying for a license. Completing the property is a solar-powered annexe which is currently being used as a games room and a wooden cabin. The self-contained wooden cabin is complete with three bedrooms, a bathroom, a kitchenette with a dining area and a terrace area.

This would make a fantastic opportunity to generate an income as a holiday rental. Additional features include: Ring camera system, internet access via Bigblu satellite, air-conditioning and a gated entrance. Monchique provides an escape from the busier and more touristy areas of the Algarve and has a number of historic attractions to visit.

The property is also in close proximity to the International Autodrome of Algarve, local shops and schools. For those also looking to experience the beaches and resorts that the Algarve is famous for, the lovely town of Alvor is only half an hour away and boasts a long open beach, rolling sand dunes and a variety of restaurants.
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Property on Map

#IDH32912

Currency Exchange

Monchique, Faro, Portugal, 8550-152

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 €875,000 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
€875,000 £744,354 £766,973 £22,619
Property Price € €875,000
Minimum cost in the last six months £744,354
Maximum cost in the last six months £766,973
Fluctuating exchange rates over the last six months could have increased the cost of this property by £22,619

Monchique, Faro, Portugal, 8550-152

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 €875,000 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
€875,000 £744,354 £766,973 £22,619
Property Price € €875,000
Minimum cost in the last six months £744,354
Maximum cost in the last six months £766,973
Fluctuating exchange rates over the last six months could have increased the cost of this property by £22,619

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 £22,619 more.

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