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T4 | Quinta Fonte Santa
Vila Real de Santo António, Faro, Portugal, 8900-032
REF: 799124
€2,600,000
Description
Fantastic farm located in Fonte Santa, Vila Nova de Cacela, with sea and countryside views. This magnificent property has 2 hectares of land, and 3 villas with a total construction area of 720 m2.
The main villa, of typology T4 consists of four bedrooms, one en suite and two common bathrooms, two spacious living rooms, one of which contains a partition door worked in solid old wood with access to the fireplace. The fireplace has unusual and legendary features. It also has a spacious kitchen with two pantries.
The two villas / ruins of typology T2, are composed of, two bedrooms, a common bathroom, living room and kitchen, each with a total area of 109m2.
This fantastic property has mains water, and an extensive plantation of avocado trees already with a forecast of profitability between 80,000.00 and 100,000.00 Euros annually.
This farm also gives the possibility of reconstructing / recovering these buildings with the current measures for residence, or, possibilities of development of tourist projects where the construction area can be much higher than the current one.
Any project to be developed is pending its consultation and approval.
The property also brings together all the essential features for the development of self-sustainable tourism projects or agricultural projects.
The access to the property is quite good, the farm is close to the N125 and 5 minutes from the beaches of Cacela Velha and Fábrica, and 10 min from Quinta da Ria Golf.
Fantastic farm located in Fonte Santa, Vila Nova de Cacela, with sea and countryside views. This magnificent property has 2 hectares of land, and 3 villas with a total construction area of 720 m2.
The main villa, of typology T4 consists of four bedrooms, one en suite and two common bathrooms, two spacious living rooms, one of which contains a partition door worked in solid old wood with access to the fireplace. The fireplace has unusual and legendary features. It also has a spacious kitchen with two pantries.
The two villas / ruins of typology T2, are composed of, two bedrooms, a common bathroom, living room and kitchen, each with a total area of 109m2.
This fantastic property has mains water, and an extensive plantation of avocado trees already with a forecast of profitability between 80,000.00 and 100,000.00 Euros annually.
This farm also gives the possibility of reconstructing / recovering these buildings with the current measures for residence, or, possibilities of development of tourist projects where the construction area can be much higher than the current one.
Any project to be developed is pending its consultation and approval.
The property also brings together all the essential features for the development of self-sustainable tourism projects or agricultural projects.
The access to the property is quite good, the farm is close to the N125 and 5 minutes from the beaches of Cacela Velha and Fábrica, and 10 min from Quinta da Ria Golf.
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Currency Exchange
Vila Real de Santo António, Faro, Portugal, 8900-032
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 €2,600,000 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 |
|---|---|---|---|
| €2,600,000 | £2,142,140 | £2,234,570 | £92,430 |
| Property Price € | €2,600,000 |
| Minimum cost in the last six months | £2,142,140 |
| Maximum cost in the last six months | £2,234,570 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £92,430 |
Vila Real de Santo António, Faro, Portugal, 8900-032
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 €2,600,000 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 |
|---|---|---|---|
| €2,600,000 | £2,142,140 | £2,234,570 | £92,430 |
| Property Price € | €2,600,000 |
| Minimum cost in the last six months | £2,142,140 |
| Maximum cost in the last six months | £2,234,570 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £92,430 |
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 £92,430 more.
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