Search
SPECTACULAR PLOT WITH PROJECT IN MONTE REI
Monte Rei, Portugal
REF: 662872
€850,000
Description
This amazing plot with stunning golf views and within walking distance to the sumptuous Monte Rei Golf Club and Vistas Restaurant, allows you to build a luxury villa with a minimum of 4 bedrooms. It's the largest single plot in the area of Casa do Campo , a residential part of Monte Rei along the 18th fairway with only 5 plots. This wonderful part of Monte Rei is very private and being near to the Clubhouse is a fabulous advantage, whether you are a keen golfer yourself or whether you are planning to rent your property to keen golfers. There is an existing project which has been approved, however a change with your individual wishes and vision can be approved within 30 days and you can start building your dream home in the sun. The construction should take approximately 18 months, take-or-give. Being located here in the Algarve, we will be happy to help and supervise your construction in case you don't want to be bothered. Monte Rei is gearing up for an exciting future of excellence and dedication. With the addition of a second Jack Nicklaus Signature golf course, the resort is set to become the top golfing destination in southern Europe. Moreover, the development of lavish homes will continue to captivate the interest of global investors. Monte Rei is an enviable place to reside, vacation, or invest in, offering unparalleled comfort, style, service, and relaxation. This private sanctuary is an escape from the commotion of daily life. The 2nd Jack Nicklaus Signature Course is currently under construction and will offer a fresh challenge to golfers. Although the course is located on similar terrain as the North Course, it will have a distinct appearance and atmosphere to differentiate it from its counterpart. The bunkering on this course will feature smaller and more tactical sand areas, with reduced water usage surrounding the holes.
This amazing plot with stunning golf views and within walking distance to the sumptuous Monte Rei Golf Club and Vistas Restaurant, allows you to build a luxury villa with a minimum of 4 bedrooms. It's the largest single plot in the area of Casa do Campo , a residential part of Monte Rei along the 18th fairway with only 5 plots. This wonderful part of Monte Rei is very private and being near to the Clubhouse is a fabulous advantage, whether you are a keen golfer yourself or whether you are planning to rent your property to keen golfers. There is an existing project which has been approved, however a change with your individual wishes and vision can be approved within 30 days and you can start building your dream home in the sun. The construction should take approximately 18 months, take-or-give. Being located here in the Algarve, we will be happy to help and supervise your construction in case you don't want to be bothered. Monte Rei is gearing up for an exciting future of excellence and dedication. With the addition of a second Jack Nicklaus Signature golf course, the resort is set to become the top golfing destination in southern Europe. Moreover, the development of lavish homes will continue to captivate the interest of global investors. Monte Rei is an enviable place to reside, vacation, or invest in, offering unparalleled comfort, style, service, and relaxation. This private sanctuary is an escape from the commotion of daily life. The 2nd Jack Nicklaus Signature Course is currently under construction and will offer a fresh challenge to golfers. Although the course is located on similar terrain as the North Course, it will have a distinct appearance and atmosphere to differentiate it from its counterpart. The bunkering on this course will feature smaller and more tactical sand areas, with reduced water usage surrounding the holes.
Read More
Property on Map
Currency Exchange
Monte Rei, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
Monte Rei, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
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 £26,469 more.
Search popular regions
Useful links
Hi {{firstName}},
Enquire about this property
Make an Enquiry on this property
No Yes
No Yes
I agree to be connected with a trusted property agent who will receive
these details.
We handle your data with care and only ever as outlined in our
Privacy Policy
Thank you for your
enquiry!
Our partner agent will be in touch with you shortly.
Our partner agent will be in touch with you shortly.
Enquire about this property
No
Yes
No
Yes
I agree to be connected with the property agent for more detail on this
listing.
We handle your data with care and only ever as outlined in our
Privacy Policy
