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Countryside home with annex and modern comfort and ocean views in Monchique
Monchique, Portugal
REF: 772934
€650,000
Description
This home is located in the heart of the picturesque countryside, offering a peaceful retreat surrounded by the beauty of nature. The property is an ideal escape from the busy city life. With over 4 ha. of land, it is perfect for those seeking a self-sustainable property and organic farming. The house is a mix of traditional architecture and contemporary features, such as large windows combined with rustic interior details. The property has its own water source and many water tanks. As you approach the house, a winding driveway leads to a welcoming front terrace. Here, you can enjoy tranquil views of the surrounding countryside and incredible sunsets over the ocean. The open-plan kitchen is equipped with a practical island. The living room has a fireplace for warm evenings and large windows with sliding doors that allow plenty of natural light and offer incredible views of the mountains and the west coast. The property features two comfortable bedrooms with scenic views and a private outdoor area. The bathroom has a cozy atmosphere, incorporating natural elements like wood and stone accents. Additionally, a functional and spacious annex includes one bedroom, a bathroom, and a living room with a kitchen. The outdoor areas provide opportunities for gardening, relaxation, and outdoor activities. During hot summer days, you can cool off in the shadow of the various fruit trees or step into a natural pond or water tanks for a refreshing swim.
This home is located in the heart of the picturesque countryside, offering a peaceful retreat surrounded by the beauty of nature. The property is an ideal escape from the busy city life. With over 4 ha. of land, it is perfect for those seeking a self-sustainable property and organic farming. The house is a mix of traditional architecture and contemporary features, such as large windows combined with rustic interior details. The property has its own water source and many water tanks. As you approach the house, a winding driveway leads to a welcoming front terrace. Here, you can enjoy tranquil views of the surrounding countryside and incredible sunsets over the ocean. The open-plan kitchen is equipped with a practical island. The living room has a fireplace for warm evenings and large windows with sliding doors that allow plenty of natural light and offer incredible views of the mountains and the west coast. The property features two comfortable bedrooms with scenic views and a private outdoor area. The bathroom has a cozy atmosphere, incorporating natural elements like wood and stone accents. Additionally, a functional and spacious annex includes one bedroom, a bathroom, and a living room with a kitchen. The outdoor areas provide opportunities for gardening, relaxation, and outdoor activities. During hot summer days, you can cool off in the shadow of the various fruit trees or step into a natural pond or water tanks for a refreshing swim.
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Currency Exchange
Monchique, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
Monchique, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
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 £20,241 more.
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