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12 Bedroom Farmhouse For Sale in Bensafrim
Lagos, Faro, Portugal, 8600-069
REF: 751645
€1,360,000
Description
Situated in the serene village of Bensafrim, just a short 10-minute drive from the vibrant city centre of Lagos, this remarkable traditional farmhouse encompasses an expansive 95,750m2 of land. The property boasts a charming residential building spread across two floors, comprising eight distinct and fully independent apartments, offering a total of 12 rooms. The property already benefits from an A.L. licence, making this estate an exceptional opportunity for rural tourism.
Built in 1985 and sold partly furnished, each apartment showcases spacious living areas, equipped kitchens, cosy bedrooms, well-appointed bathrooms and generous terraces. One of the apartments within this enchanting property has undergone recent full renovations, providing a glimpse into the immense potential that this property holds.
For those seeking a sanctuary for their equine companions, this property is an idyllic haven, featuring eight stables and a large covered riding arena. Moreover, the estate boasts an array of fruit trees scattered throughout, a barbecue area with outdoor dining spaces, three garages, a chicken coop, a water tank, a borehole, a well and a picturesque lake, ensuring a reliable and abundant water supply.
Recent upgrades to the property include a fresh coat of paint and the installation of electric gates. Additionally, an ongoing project is in place for the construction of a large swimming pool, complemented by a terrace and a pergola, providing residents and guests with a delightful recreational space.
Additional features include: air conditioning, fireplace, laundry room, fitted wardrobes and a large outdoor parking area.
Nestled amidst the serene countryside of Lagos, this remarkable property provides an idyllic home for those seeking a peaceful retreat to revel in the tranquillity of their surroundings. Furthermore, with its pre-existing A.L. licence, this property represents a highly attractive option for individuals seeking to invest in rural tourism and generate an additional income stream through holiday rentals.
Situated in the serene village of Bensafrim, just a short 10-minute drive from the vibrant city centre of Lagos, this remarkable traditional farmhouse encompasses an expansive 95,750m2 of land. The property boasts a charming residential building spread across two floors, comprising eight distinct and fully independent apartments, offering a total of 12 rooms. The property already benefits from an A.L. licence, making this estate an exceptional opportunity for rural tourism.
Built in 1985 and sold partly furnished, each apartment showcases spacious living areas, equipped kitchens, cosy bedrooms, well-appointed bathrooms and generous terraces. One of the apartments within this enchanting property has undergone recent full renovations, providing a glimpse into the immense potential that this property holds.
For those seeking a sanctuary for their equine companions, this property is an idyllic haven, featuring eight stables and a large covered riding arena. Moreover, the estate boasts an array of fruit trees scattered throughout, a barbecue area with outdoor dining spaces, three garages, a chicken coop, a water tank, a borehole, a well and a picturesque lake, ensuring a reliable and abundant water supply.
Recent upgrades to the property include a fresh coat of paint and the installation of electric gates. Additionally, an ongoing project is in place for the construction of a large swimming pool, complemented by a terrace and a pergola, providing residents and guests with a delightful recreational space.
Additional features include: air conditioning, fireplace, laundry room, fitted wardrobes and a large outdoor parking area.
Nestled amidst the serene countryside of Lagos, this remarkable property provides an idyllic home for those seeking a peaceful retreat to revel in the tranquillity of their surroundings. Furthermore, with its pre-existing A.L. licence, this property represents a highly attractive option for individuals seeking to invest in rural tourism and generate an additional income stream through holiday rentals.
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Property on Map
Currency Exchange
Lagos, Faro, Portugal, 8600-069
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 €1,360,000 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 |
|---|---|---|---|
| €1,360,000 | £1,156,938 | £1,192,094 | £35,156 |
| Property Price € | €1,360,000 |
| Minimum cost in the last six months | £1,156,938 |
| Maximum cost in the last six months | £1,192,094 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,156 |
Lagos, Faro, Portugal, 8600-069
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 €1,360,000 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 |
|---|---|---|---|
| €1,360,000 | £1,156,938 | £1,192,094 | £35,156 |
| Property Price € | €1,360,000 |
| Minimum cost in the last six months | £1,156,938 |
| Maximum cost in the last six months | £1,192,094 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,156 |
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 £35,156 more.
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