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3 in 1 property! A life waiting for you
Monchique, Faro, Portugal
REF: 608625
€260,000
Description
3 in 1 property! A life waiting for you... Can you imagine what it would be like? Living in the middle of nature to the sound of birds and swaying trees? On this property, as well as the typical Algarvian restaurant, you'll also find a villa where you can live and two generous plots of agricultural land where you can have your own garden and grow your own food, your own and that which you can use to make the tasty meals that will delight your customers... The restaurant could be your source of income, as it is a renowned restaurant, well known by locals and tourists alike, who always come back to taste the delicacies of the gods! The two-storey villa has two bedrooms, a bathroom, a kitchen and a living room with a fireplace for cosy moments. On the upper floor you'll also find an attic where you can idealise a third bedroom or an office. This property is just 5 kilometres from the picturesque town of Monchique, where you'll find supermarkets, schools, pharmacies, a library and more. It's also around 40 kilometres from Portimão and Lagos, where you'll find some of the Algarve's most famous beaches and a more urban environment. Don't wait until tomorrow, book your visit now and come and see for yourself what this property has to offer! IAD was created in France in 2008, expanded to Portugal in 2015 and is part of the international property group, which also operates in Spain, Italy, Mexico, Germany, the UK and the USA. IAD's business model allows it to help you realise your real estate project in any country, promoting a relationship of proximity, professionalism and trust, providing a more competitive service when buying, renting or selling a property. At IAD we share business with any property consultant or agency. We promote properties on more than 200 national and international property portals. If you are a professional in the sector and have a qualified buyer client, please contact me and arrange a visit. Please note that I am 100% available, by telephone or e-mail, to provide you with any further information about this property and to schedule a viewing. #ref: 82785
3 in 1 property! A life waiting for you... Can you imagine what it would be like? Living in the middle of nature to the sound of birds and swaying trees? On this property, as well as the typical Algarvian restaurant, you'll also find a villa where you can live and two generous plots of agricultural land where you can have your own garden and grow your own food, your own and that which you can use to make the tasty meals that will delight your customers... The restaurant could be your source of income, as it is a renowned restaurant, well known by locals and tourists alike, who always come back to taste the delicacies of the gods! The two-storey villa has two bedrooms, a bathroom, a kitchen and a living room with a fireplace for cosy moments. On the upper floor you'll also find an attic where you can idealise a third bedroom or an office. This property is just 5 kilometres from the picturesque town of Monchique, where you'll find supermarkets, schools, pharmacies, a library and more. It's also around 40 kilometres from Portimão and Lagos, where you'll find some of the Algarve's most famous beaches and a more urban environment. Don't wait until tomorrow, book your visit now and come and see for yourself what this property has to offer! IAD was created in France in 2008, expanded to Portugal in 2015 and is part of the international property group, which also operates in Spain, Italy, Mexico, Germany, the UK and the USA. IAD's business model allows it to help you realise your real estate project in any country, promoting a relationship of proximity, professionalism and trust, providing a more competitive service when buying, renting or selling a property. At IAD we share business with any property consultant or agency. We promote properties on more than 200 national and international property portals. If you are a professional in the sector and have a qualified buyer client, please contact me and arrange a visit. Please note that I am 100% available, by telephone or e-mail, to provide you with any further information about this property and to schedule a viewing. #ref: 82785
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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 €260,000 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 |
|---|---|---|---|
| €260,000 | £215,361 | £223,457 | £8,096 |
| Property Price € | €260,000 |
| Minimum cost in the last six months | £215,361 |
| Maximum cost in the last six months | £223,457 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,096 |
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 €260,000 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 |
|---|---|---|---|
| €260,000 | £215,361 | £223,457 | £8,096 |
| Property Price € | €260,000 |
| Minimum cost in the last six months | £215,361 |
| Maximum cost in the last six months | £223,457 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,096 |
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 £8,096 more.
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