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Impressive country estate for sale near Moncarapacho, East Algarve
Tavira, Portugal
REF: 593567
€2,995,000
Description
Situated on an elevated plot, this prestigious property offers magnificent views over the fishing village of Fuzeta and the Atlantic Ocean. The villa contains four double bedrooms and was designed and built to the highest standards (515 sq.m.) A very high solid teak front door welcomes you into a feature dome hallway and looks into a beautiful internal courtyard. An open plan kitchen and dining room leads onto a large covered terrace with breathtaking views. Downstairs, there is also a large basement with a self-contained 1-bedroom apartment, cinema room, gym and a wine cellar that can hold up to 500 bottles. There is also the guest house (158 m2) with two bedrooms, a living room and kitchen with a wood stove, as well as air conditioning. It has its own swimming pool and a covered terrace with beautiful panoramic views. An ideal investment for living and for income. The property offers plenty of privacy, internet 4g, separate office, and mature garden. This is an ideal property to live in while remotely working, permanent residence or holiday home. The property is within easy reach of the towns of Moncarapacho, Tavira, Fuzeta and Olh o and only 22km away from Faro airport and 9km to the nearest beach.
Situated on an elevated plot, this prestigious property offers magnificent views over the fishing village of Fuzeta and the Atlantic Ocean. The villa contains four double bedrooms and was designed and built to the highest standards (515 sq.m.) A very high solid teak front door welcomes you into a feature dome hallway and looks into a beautiful internal courtyard. An open plan kitchen and dining room leads onto a large covered terrace with breathtaking views. Downstairs, there is also a large basement with a self-contained 1-bedroom apartment, cinema room, gym and a wine cellar that can hold up to 500 bottles. There is also the guest house (158 m2) with two bedrooms, a living room and kitchen with a wood stove, as well as air conditioning. It has its own swimming pool and a covered terrace with beautiful panoramic views. An ideal investment for living and for income. The property offers plenty of privacy, internet 4g, separate office, and mature garden. This is an ideal property to live in while remotely working, permanent residence or holiday home. The property is within easy reach of the towns of Moncarapacho, Tavira, Fuzeta and Olh o and only 22km away from Faro airport and 9km to the nearest beach.
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Currency Exchange
Tavira, 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 €2,995,000 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 |
|---|---|---|---|
| €2,995,000 | £2,480,788 | £2,574,053 | £93,264 |
| Property Price € | €2,995,000 |
| Minimum cost in the last six months | £2,480,788 |
| Maximum cost in the last six months | £2,574,053 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £93,264 |
Tavira, 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 €2,995,000 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 |
|---|---|---|---|
| €2,995,000 | £2,480,788 | £2,574,053 | £93,264 |
| Property Price € | €2,995,000 |
| Minimum cost in the last six months | £2,480,788 |
| Maximum cost in the last six months | £2,574,053 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £93,264 |
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 £93,264 more.
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