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5-Bedroom Villa with 1,972sqm Urban Plot in Monte Francisco - A Peaceful Retreat with Open Views Discover this charming 5-bedroom villa located in Monte Francisco, a serene and welcoming village, strategically positioned just minutes from Castro Marim, Vila Real de Santo António, the stunning beache
Castro Marim, Faro, Portugal
REF: 997687
€470,000
Description
5-Bedroom Villa with 1,972sqm Urban Plot in Monte Francisco - A Peaceful Retreat with Open Views Discover this charming 5-bedroom villa located in Monte Francisco, a serene and welcoming village, strategically positioned just minutes from Castro Marim, Vila Real de Santo António, the stunning beaches of the Algarve, and the Spanish border. Set on a fully urban plot of 1,972sqm, this property offers the perfect balance between comfort, privacy, and outdoor space. The villa is elevated, providing wide and unobstructed views of the surrounding landscape. The fully fenced plot includes a gated entrance, covered parking area, and a well-maintained garden with fruit trees, a well, and two storage buildings. In the center of the land, there is a flat and rectangular area ideal for building a swimming pool. Near the house, you'll also find a pleasant leisure space, perfect for relaxing or hosting outdoor meals with family and friends. The villa is divided into two independent floors: Ground floor: spacious open-plan living room and kitchen, three bedrooms, a bathroom, and a laundry room. Upper floor: living room with access to a balcony and beautiful views, equipped kitchen, bathroom, pantry, and two bedrooms one of which results from the combination of two former rooms, creating a large suite with a walk-in closet and private bathroom. With air conditioning installed and several functional spaces, this property offers multiple possibilities whether as a main residence, holiday home, or an investment with guaranteed return. The property also features a dumbwaiter (small lift) connecting the two floors, which can be kept or easily removed according to the future owner's preferences. A unique opportunity to live surrounded by nature, with all amenities close by. For more information or to schedule a visit, feel free to contact us. We're available to answer all your questions and assist you every step of the way.
5-Bedroom Villa with 1,972sqm Urban Plot in Monte Francisco - A Peaceful Retreat with Open Views Discover this charming 5-bedroom villa located in Monte Francisco, a serene and welcoming village, strategically positioned just minutes from Castro Marim, Vila Real de Santo António, the stunning beaches of the Algarve, and the Spanish border. Set on a fully urban plot of 1,972sqm, this property offers the perfect balance between comfort, privacy, and outdoor space. The villa is elevated, providing wide and unobstructed views of the surrounding landscape. The fully fenced plot includes a gated entrance, covered parking area, and a well-maintained garden with fruit trees, a well, and two storage buildings. In the center of the land, there is a flat and rectangular area ideal for building a swimming pool. Near the house, you'll also find a pleasant leisure space, perfect for relaxing or hosting outdoor meals with family and friends. The villa is divided into two independent floors: Ground floor: spacious open-plan living room and kitchen, three bedrooms, a bathroom, and a laundry room. Upper floor: living room with access to a balcony and beautiful views, equipped kitchen, bathroom, pantry, and two bedrooms one of which results from the combination of two former rooms, creating a large suite with a walk-in closet and private bathroom. With air conditioning installed and several functional spaces, this property offers multiple possibilities whether as a main residence, holiday home, or an investment with guaranteed return. The property also features a dumbwaiter (small lift) connecting the two floors, which can be kept or easily removed according to the future owner's preferences. A unique opportunity to live surrounded by nature, with all amenities close by. For more information or to schedule a visit, feel free to contact us. We're available to answer all your questions and assist you every step of the way.
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Currency Exchange
Castro Marim, 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 €470,000 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 |
|---|---|---|---|
| €470,000 | £387,962 | £408,012 | £20,050 |
| Property Price € | €470,000 |
| Minimum cost in the last six months | £387,962 |
| Maximum cost in the last six months | £408,012 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,050 |
Castro Marim, 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 €470,000 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 |
|---|---|---|---|
| €470,000 | £387,962 | £408,012 | £20,050 |
| Property Price € | €470,000 |
| Minimum cost in the last six months | £387,962 |
| Maximum cost in the last six months | £408,012 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,050 |
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 £20,050 more.
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