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Monte do Carmo is a rural agrotourism project located on the west coast, 10 minutes from Ericeira and 15 minutes from Santa Cruz
Mafra, Lisboa, Portugal
REF: 568009
€1,800,000
Description
Monte do Carmo is a rural agrotourism project located on the west coast, 10 minutes from Ericeira and 15 minutes from Santa Cruz. In this Marina at the top of the hill we have a geodesic landmark where you have a breathtaking view at a 360 degree angle. The property currently has 16,047m2 with 10 bungalows, 50 m2 each, in operation and with an approved project for 10 more units. It has a social lounge equipped with kitchenette, a dining area, toilets, outdoor swimming pools supported by the bar, a leisure and rest area. Accompanied by another pool where a sailboat with the name "CARMO" lives, which gives the name to the hill! The entire construction follows the passion linked to the sea and the nautical life, exchanging ordinary windows for portholes at strategic points and many other details that will make tourists sail to the top of Monte do Carmo! In addition to all this, they also have a private area, a 1 bedroom apartment overlooking the sunset, interior access to the garage where the laundry area, pool machines room, bathroom and wine cellar are located. If you are looking for a good investment, come sail to the top of the hill and discover the full potential of this venture! CONTACT ME FOR MORE INFORMATION #ref: 78805
Monte do Carmo is a rural agrotourism project located on the west coast, 10 minutes from Ericeira and 15 minutes from Santa Cruz. In this Marina at the top of the hill we have a geodesic landmark where you have a breathtaking view at a 360 degree angle. The property currently has 16,047m2 with 10 bungalows, 50 m2 each, in operation and with an approved project for 10 more units. It has a social lounge equipped with kitchenette, a dining area, toilets, outdoor swimming pools supported by the bar, a leisure and rest area. Accompanied by another pool where a sailboat with the name "CARMO" lives, which gives the name to the hill! The entire construction follows the passion linked to the sea and the nautical life, exchanging ordinary windows for portholes at strategic points and many other details that will make tourists sail to the top of Monte do Carmo! In addition to all this, they also have a private area, a 1 bedroom apartment overlooking the sunset, interior access to the garage where the laundry area, pool machines room, bathroom and wine cellar are located. If you are looking for a good investment, come sail to the top of the hill and discover the full potential of this venture! CONTACT ME FOR MORE INFORMATION #ref: 78805
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Currency Exchange
Mafra, Lisboa, 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 €1,800,000 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 |
|---|---|---|---|
| €1,800,000 | £1,483,020 | £1,547,010 | £63,990 |
| Property Price € | €1,800,000 |
| Minimum cost in the last six months | £1,483,020 |
| Maximum cost in the last six months | £1,547,010 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,990 |
Mafra, Lisboa, 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 €1,800,000 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 |
|---|---|---|---|
| €1,800,000 | £1,483,020 | £1,547,010 | £63,990 |
| Property Price € | €1,800,000 |
| Minimum cost in the last six months | £1,483,020 |
| Maximum cost in the last six months | £1,547,010 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,990 |
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 £63,990 more.
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