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Stunning villa with five bedrooms completely rebuilt, for sale, in Caldas de Monchique, Algarve This villa's first floor features an open-plan living and dining area, a fully-equipped kitchen, and a bathroom
Monchique, Portugal
REF: 812873
€1,195,000
Description
Stunning villa with five bedrooms completely rebuilt, for sale, in Caldas de Monchique, Algarve This villa's first floor features an open-plan living and dining area, a fully-equipped kitchen, and a bathroom. The the bedrooms are located on the upper level, and all have access to expansive terraces with views of the Monchique mountains, which also provide ample natural light. Outside, the house is encircled by a flourishing garden that includes a swimming pool and a separate apartment with a kitchen, living room, two bedrooms, and a bathroom. The garage is located in a detached annex to the home and has space for three vehicles. The property's primary water supply comes from the Spa of the Vila Termal, which was renowned in Roman times for its curative properties. The property is situated 15 minutes from Portimão and its stunning beaches, and 60 minutes from Faro International Airport. CHARACTERISTICS:Plot Area: 1 332 m2 | 14 338 sq ftArea: 521 m2 | 5 606 sq ftBuilding Area: 521 m2 | 5 606 sq ftBedrooms: 5Bathrooms: 4Garage: 3Energy efficiency: DFEATURES:Equipped kitchen Living room and dining room in open space Terrace Garden Swimming pool Detached apartment Garage with capacity for three cars Mains water of the property is from the Spa of the Vila Termal 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
Stunning villa with five bedrooms completely rebuilt, for sale, in Caldas de Monchique, Algarve This villa's first floor features an open-plan living and dining area, a fully-equipped kitchen, and a bathroom. The the bedrooms are located on the upper level, and all have access to expansive terraces with views of the Monchique mountains, which also provide ample natural light. Outside, the house is encircled by a flourishing garden that includes a swimming pool and a separate apartment with a kitchen, living room, two bedrooms, and a bathroom. The garage is located in a detached annex to the home and has space for three vehicles. The property's primary water supply comes from the Spa of the Vila Termal, which was renowned in Roman times for its curative properties. The property is situated 15 minutes from Portimão and its stunning beaches, and 60 minutes from Faro International Airport. CHARACTERISTICS:Plot Area: 1 332 m2 | 14 338 sq ftArea: 521 m2 | 5 606 sq ftBuilding Area: 521 m2 | 5 606 sq ftBedrooms: 5Bathrooms: 4Garage: 3Energy efficiency: DFEATURES:Equipped kitchen Living room and dining room in open space Terrace Garden Swimming pool Detached apartment Garage with capacity for three cars Mains water of the property is from the Spa of the Vila Termal 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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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 €1,195,000 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 |
|---|---|---|---|
| €1,195,000 | £989,830 | £1,027,043 | £37,212 |
| Property Price € | €1,195,000 |
| Minimum cost in the last six months | £989,830 |
| Maximum cost in the last six months | £1,027,043 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,212 |
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 €1,195,000 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 |
|---|---|---|---|
| €1,195,000 | £989,830 | £1,027,043 | £37,212 |
| Property Price € | €1,195,000 |
| Minimum cost in the last six months | £989,830 |
| Maximum cost in the last six months | £1,027,043 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,212 |
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 £37,212 more.
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