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Magnificent and typical Quinta in the Eastern Algarve
Tavira, Faro, Portugal
REF: 757648
€2,150,000
Description
Magnificent and typical Quinta in the Eastern Algarve... Come and live your dream !! Just a stone's throw from Tavira, come and discover this generous Quinta with character, located in Igreja, in the heart of Sto Estevao. Santo Estevao is a much-loved and sought-after village, for its calm, authenticity and simplicity. There are a number of small shops (café, restaurant, grocery shop, cooperative, etc.). This magnificent property comprises a 362m2 building in need of total restoration, to restore all its charm and incredible potential with all the modern comforts. Ideally located, it benefits from optimum south-facing exposure, with ideal land for planting and/or developing new tourists projects. There is possibility to increase the existing building 300m2 area to 600m2, with swimming pool (depend of the project). There is also the possibility of setting up a rural hotel. A unique opportunity to develop different projects, in a peaceful setting, close to everything and surrounded by nature. 30 min from Faro airport 7' from Tavira 10 de praia de Barril/Pedras del Rei This magnificent Quinta has a total area of 10,949 hectares, much of which is enclosed or bordered by walls. Divided into two large plot, this gives you the opportunity to combine living, tourism activity and farming. With a variety of mature fruit trees including olive, carob, almond and fig. (There are 2 articles : 1 urban and 1 rustic) Part of the plot has a sea view that's waiting to be discovered! There is a well and a water supply. Possibility of connection to water city. There are two points on the plot where you can connect to the water from the dam. Connection to the sewers is also possible and nearby. Come and take a look at this property and discover all its potential, with a unique opportunity to realise your life's dream! Your haven of peace is here, don't wait any longer! Contact me now! A unique opportunity to realise a life project! #ref: 108739
Magnificent and typical Quinta in the Eastern Algarve... Come and live your dream !! Just a stone's throw from Tavira, come and discover this generous Quinta with character, located in Igreja, in the heart of Sto Estevao. Santo Estevao is a much-loved and sought-after village, for its calm, authenticity and simplicity. There are a number of small shops (café, restaurant, grocery shop, cooperative, etc.). This magnificent property comprises a 362m2 building in need of total restoration, to restore all its charm and incredible potential with all the modern comforts. Ideally located, it benefits from optimum south-facing exposure, with ideal land for planting and/or developing new tourists projects. There is possibility to increase the existing building 300m2 area to 600m2, with swimming pool (depend of the project). There is also the possibility of setting up a rural hotel. A unique opportunity to develop different projects, in a peaceful setting, close to everything and surrounded by nature. 30 min from Faro airport 7' from Tavira 10 de praia de Barril/Pedras del Rei This magnificent Quinta has a total area of 10,949 hectares, much of which is enclosed or bordered by walls. Divided into two large plot, this gives you the opportunity to combine living, tourism activity and farming. With a variety of mature fruit trees including olive, carob, almond and fig. (There are 2 articles : 1 urban and 1 rustic) Part of the plot has a sea view that's waiting to be discovered! There is a well and a water supply. Possibility of connection to water city. There are two points on the plot where you can connect to the water from the dam. Connection to the sewers is also possible and nearby. Come and take a look at this property and discover all its potential, with a unique opportunity to realise your life's dream! Your haven of peace is here, don't wait any longer! Contact me now! A unique opportunity to realise a life project! #ref: 108739
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Currency Exchange
Tavira, 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 €2,150,000 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 |
|---|---|---|---|
| €2,150,000 | £1,780,867 | £1,847,818 | £66,951 |
| Property Price € | €2,150,000 |
| Minimum cost in the last six months | £1,780,867 |
| Maximum cost in the last six months | £1,847,818 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £66,951 |
Tavira, 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 €2,150,000 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 |
|---|---|---|---|
| €2,150,000 | £1,780,867 | £1,847,818 | £66,951 |
| Property Price € | €2,150,000 |
| Minimum cost in the last six months | £1,780,867 |
| Maximum cost in the last six months | £1,847,818 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £66,951 |
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 £66,951 more.
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