Rural Tourism/Agritourism Farm in Monchique

Monchique, Faro, Portugal, 8550-240

For Sale

€1,400,000

REF: 805385 €1,400,000


6

6

Description

Rural Tourism/Agritourism Farm, located on land with a total area of 18,689.0 m2. Fully equipped and fully operational Rural Tourism/Agritourism Farm invites you to enjoy the tranquility of the mountains with its magnificent and stunning views. With a high quality tourist activity throughout the year to enjoy typical or gourmet restaurants, the Termas das Caldas de Monchique, and traditional products.

It is an area highly sought after by a growing community of foreign and Portuguese tourists and residents looking for that perfect connection with nature, yet without ever losing contact with all the services and commerce of Monchique and Portimão. It has an organic vegetable garden, a donkey breeding area, orchards, wine tasting and jam production.

The property has a welcoming and typically rural, but refined, decor. It comprises a living room with fireplace, kitchen, breakfast room with stunning mountain views, elevator that connects the two floors, laundry room, reception and wine tasting room. The land has a water spring, 2 wells, and access to mountain water for 11 hours twice a week.

The land is fertile and we implement agriculture. It has fruit trees, cork oaks and olive trees. The building is connected to public electricity supply networks, telecommunications (fiber optics), water and sewage. Turismo Rural opened in July 2015 and has a rating of 9.6 on Booking.com. It enjoys the uniqueness of being located in the countryside but just a few minutes from Monchique.

Portimão and Lagos are 30 minutes away and Faro airport is about an hour away. The Main Building has 6 bedrooms, 7 bathrooms, terraces, living room with fireplace, fully equipped kitchen, dining room, cellar and an elevator to access the rooms. It is suitable for use by people with reduced mobility.

The lot is 18,206 m and parking is available. The Building has the following composition: Level 0: Reception; living room, with fireplace, I.S ladies and men; Kitchen; Breakfast/Meal Room; Patio with wood oven and storage room; Laundry Floor -1: Cellar with stone walls; 6 bedrooms with private bathroom, covered terrace and private garden.

The Quinta also has a small house: comprising an entrance hall; bathroom; kitchen and living room with mezzanine (bedroom). If you are looking for peace, tranquility, privacy and quality of life, come and discover this Magnificent Farm, A mix of Luxury, with the Tradition and Culture of the Rural Algarve. MR INVESTOR HERE IS AN INVESTMENT PROPERTY! (* ) At KW we share 50% business with all real estate consultants or agencies with an AMI license.
Rural Tourism/Agritourism Farm, located on land with a total area of 18,689.0 m2. Fully equipped and fully operational Rural Tourism/Agritourism Farm invites you to enjoy the tranquility of the mountains with its magnificent and stunning views. With a high quality tourist activity throughout the year to enjoy typical or gourmet restaurants, the Termas das Caldas de Monchique, and traditional products.

It is an area highly sought after by a growing community of foreign and Portuguese tourists and residents looking for that perfect connection with nature, yet without ever losing contact with all the services and commerce of Monchique and Portimão. It has an organic vegetable garden, a donkey breeding area, orchards, wine tasting and jam production.

The property has a welcoming and typically rural, but refined, decor. It comprises a living room with fireplace, kitchen, breakfast room with stunning mountain views, elevator that connects the two floors, laundry room, reception and wine tasting room. The land has a water spring, 2 wells, and access to mountain water for 11 hours twice a week.

The land is fertile and we implement agriculture. It has fruit trees, cork oaks and olive trees. The building is connected to public electricity supply networks, telecommunications (fiber optics), water and sewage. Turismo Rural opened in July 2015 and has a rating of 9.6 on Booking.com. It enjoys the uniqueness of being located in the countryside but just a few minutes from Monchique.

Portimão and Lagos are 30 minutes away and Faro airport is about an hour away. The Main Building has 6 bedrooms, 7 bathrooms, terraces, living room with fireplace, fully equipped kitchen, dining room, cellar and an elevator to access the rooms. It is suitable for use by people with reduced mobility.

The lot is 18,206 m and parking is available. The Building has the following composition: Level 0: Reception; living room, with fireplace, I.S ladies and men; Kitchen; Breakfast/Meal Room; Patio with wood oven and storage room; Laundry Floor -1: Cellar with stone walls; 6 bedrooms with private bathroom, covered terrace and private garden.

The Quinta also has a small house: comprising an entrance hall; bathroom; kitchen and living room with mezzanine (bedroom). If you are looking for peace, tranquility, privacy and quality of life, come and discover this Magnificent Farm, A mix of Luxury, with the Tradition and Culture of the Rural Algarve. MR INVESTOR HERE IS AN INVESTMENT PROPERTY! (* ) At KW we share 50% business with all real estate consultants or agencies with an AMI license.
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Property on Map

#1210-3080

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 €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, 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 €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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