In the hills of Monchique mountain, there is this stunning property composed of 2

Monchique, Portugal

For Sale

€1,690,000

REF: 801242 €1,690,000


7

2010

Description

In the hills of Monchique mountain, there is this stunning property composed of 2.8 hectares of lush green landscape, nestled in a quiet area offering unobstructed views over the countryside and fantastic solar exposure. The property includes two independent villas, the larger house offers 5 bedrooms, four of them are suites.

A large living and dining room with high ceiling and a double-fronted fireplace. This area also has a mezzanine and gives access to the garden and outdoor dining area. The fully equipped kitchen has an island counter made from Monchique stone. There is also a separate laundry room and a service bathroom.  The second house, opens into a spacious entrance hallway that leads into the large living room and dining room with a fireplace, from here into the fitted kitchen which offers direct access to outside.

Also located on the ground floor is a spacious bedroom, a bathroom, and a storage area. On the first floor, there is a second bathroom and a bedroom with an ample terrace with unimpeded views over Monchique. The two houses are separeted with a short walking distance by the mature garden.  The precious and active ecosystem with rich and fertile soil makes it a perfect location for a self-sustaining garden, with a wide variety of fruit trees and vegetables available, not to mention a wide array of flowers and indigenous plants, irrigated by the 3 water sources on the property.

Well-fenced, and set back from the road, this property offers total privacy and tranquility surrounded by beautiful views as far as the eye can see. Located around 60 minutes from Faro International Airport, 45 minutes from Lagos, 35 minutes from Portimão and 8 minutes from Monchique center. CHARACTERISTICS:Plot Area: 28 240 m2 | 303 973 sq ftArea: 424 m2 | 4 559 sq ftBathrooms: 7Energy efficiency: AFEATURES:2 Villas 7 bedrooms total Kitchens fully equipped Terraces Fireplaces Garden Several storage places Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage.

LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
In the hills of Monchique mountain, there is this stunning property composed of 2.8 hectares of lush green landscape, nestled in a quiet area offering unobstructed views over the countryside and fantastic solar exposure. The property includes two independent villas, the larger house offers 5 bedrooms, four of them are suites.

A large living and dining room with high ceiling and a double-fronted fireplace. This area also has a mezzanine and gives access to the garden and outdoor dining area. The fully equipped kitchen has an island counter made from Monchique stone. There is also a separate laundry room and a service bathroom.  The second house, opens into a spacious entrance hallway that leads into the large living room and dining room with a fireplace, from here into the fitted kitchen which offers direct access to outside.

Also located on the ground floor is a spacious bedroom, a bathroom, and a storage area. On the first floor, there is a second bathroom and a bedroom with an ample terrace with unimpeded views over Monchique. The two houses are separeted with a short walking distance by the mature garden.  The precious and active ecosystem with rich and fertile soil makes it a perfect location for a self-sustaining garden, with a wide variety of fruit trees and vegetables available, not to mention a wide array of flowers and indigenous plants, irrigated by the 3 water sources on the property.

Well-fenced, and set back from the road, this property offers total privacy and tranquility surrounded by beautiful views as far as the eye can see. Located around 60 minutes from Faro International Airport, 45 minutes from Lagos, 35 minutes from Portimão and 8 minutes from Monchique center. CHARACTERISTICS:Plot Area: 28 240 m2 | 303 973 sq ftArea: 424 m2 | 4 559 sq ftBathrooms: 7Energy efficiency: AFEATURES:2 Villas 7 bedrooms total Kitchens fully equipped Terraces Fireplaces Garden Several storage places Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage.

LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Property on Map

#2LS00106

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 €1,690,000 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
€1,690,000 £1,405,877 £1,454,448 £48,571
Property Price € €1,690,000
Minimum cost in the last six months £1,405,877
Maximum cost in the last six months £1,454,448
Fluctuating exchange rates over the last six months could have increased the cost of this property by £48,571

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 €1,690,000 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
€1,690,000 £1,405,877 £1,454,448 £48,571
Property Price € €1,690,000
Minimum cost in the last six months £1,405,877
Maximum cost in the last six months £1,454,448
Fluctuating exchange rates over the last six months could have increased the cost of this property by £48,571

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 £48,571 more.

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