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Property with 9,600 m for Sale in Monchique
Monchique, Faro, Portugal
REF: 986084
€97,500
Description
With a stream, flat areas, and excellent rehabilitation potential Located about 25 minutes from the town of Monchique, this 9,600 m property is ideal for those seeking peace, a connection to nature, and a project with character. 🟢 Varied land with a stream and flat areas Includes several flat zones, perfect for vegetable gardens, small-scale farming, or leisure. The presence of the stream adds charm, freshness, and fertility to the area. 🏡 Existing rammed earth building with 33 m Registered as a storage building, but with potential for conversion into a dwelling. Ideal for those looking to create a sustainable retreat with local identity. Electric grid nearby Easy access to electricity a key advantage in rural areas. 🚗 Paved road access Convenient access year-round, without losing the sense of seclusion and closeness to nature. An opportunity to build a simpler, more authentic lifestyle. Perfect as a permanent residence, weekend home, or rural project. Schedule your visit today.
With a stream, flat areas, and excellent rehabilitation potential Located about 25 minutes from the town of Monchique, this 9,600 m property is ideal for those seeking peace, a connection to nature, and a project with character. 🟢 Varied land with a stream and flat areas Includes several flat zones, perfect for vegetable gardens, small-scale farming, or leisure. The presence of the stream adds charm, freshness, and fertility to the area. 🏡 Existing rammed earth building with 33 m Registered as a storage building, but with potential for conversion into a dwelling. Ideal for those looking to create a sustainable retreat with local identity. Electric grid nearby Easy access to electricity a key advantage in rural areas. 🚗 Paved road access Convenient access year-round, without losing the sense of seclusion and closeness to nature. An opportunity to build a simpler, more authentic lifestyle. Perfect as a permanent residence, weekend home, or rural project. Schedule your visit today.
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Currency Exchange
Monchique, Faro, 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 €97,500 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 |
|---|---|---|---|
| €97,500 | £80,481 | £84,639 | £4,157 |
| Property Price € | €97,500 |
| Minimum cost in the last six months | £80,481 |
| Maximum cost in the last six months | £84,639 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,157 |
Monchique, Faro, 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 €97,500 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 |
|---|---|---|---|
| €97,500 | £80,481 | £84,639 | £4,157 |
| Property Price € | €97,500 |
| Minimum cost in the last six months | £80,481 |
| Maximum cost in the last six months | £84,639 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,157 |
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 £4,157 more.
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