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T1 | Monchique Resort & Spa - Level 4
Monchique, Faro, Portugal, 8550-201
REF: 815398
€130,000
Description
Authentic refuge in the middle of the mountains! It consists of a living room and kitchen in an open space concept, with a breathtaking view, with plenty of natural light, thanks to the panoramic windows, which offer the perfect setting to relax and unwind. It also has a bathroom with a shower and an en-suite bedroom with a bathtub, built-in wardrobe, and a balcony equipped with outdoor furniture.
This luxurious apartment is fully furnished and equipped.
MONCHIQE RESORT & SPA
The Monchique Resort & Spa an elegant hotel built to minimise environmental impact is an authentic haven in the middle of the mountains. A place where you will find the perfect balance between the luxury of a five-star hotel and the resources that nature gives us. Featuring an invigorating spa, high-quality dining options and a wide range of activities in and around the resort, this idyllic retreat enjoys an enviable location in the ever-sunny mountains of the Western Algarve.
RESTORATION
Dishes accompanied by a good wine or a cold beer and a wonderful view; a Pizzeria, where you can enjoy a homemade pizza with the whole family, our Culinary Market, where you will find grilled meats and fresh fish. To liven up your stay, we have a cocktail bar open every day
FITNESS CENTER
Our state-of-the-art fitness facilities include an air-conditioned gym, TechnoGym equipment, open 24/7. Towels and water are provided.
SPA
Inspired by the Algarve's most valuable resources and the stunning beauty of the surrounding mountains, our Sensory Spa is the epitome of pure rejuvenation and relaxation, where you can also enjoy a sauna, a steam room, aromatherapy, an indoor heated pool for adults, relaxation rooms and treatment rooms.
KIDS CLUB
Give your children an unforgettable holiday, as they will take part in many fun activities, in the safe hands of our friendly childcare professionals. the Kids Club offers a wide range of activities to keep children aged 5 to 12 entertained (Seasonal Service).
The hotel is a 60-minute drive from Faro International Airport. The property is just a 20-minute drive from several beaches in the Portimão area and a 15-minute drive from the nearest golf course.
Authentic refuge in the middle of the mountains! It consists of a living room and kitchen in an open space concept, with a breathtaking view, with plenty of natural light, thanks to the panoramic windows, which offer the perfect setting to relax and unwind. It also has a bathroom with a shower and an en-suite bedroom with a bathtub, built-in wardrobe, and a balcony equipped with outdoor furniture.
This luxurious apartment is fully furnished and equipped.
MONCHIQE RESORT & SPA
The Monchique Resort & Spa an elegant hotel built to minimise environmental impact is an authentic haven in the middle of the mountains. A place where you will find the perfect balance between the luxury of a five-star hotel and the resources that nature gives us. Featuring an invigorating spa, high-quality dining options and a wide range of activities in and around the resort, this idyllic retreat enjoys an enviable location in the ever-sunny mountains of the Western Algarve.
RESTORATION
Dishes accompanied by a good wine or a cold beer and a wonderful view; a Pizzeria, where you can enjoy a homemade pizza with the whole family, our Culinary Market, where you will find grilled meats and fresh fish. To liven up your stay, we have a cocktail bar open every day
FITNESS CENTER
Our state-of-the-art fitness facilities include an air-conditioned gym, TechnoGym equipment, open 24/7. Towels and water are provided.
SPA
Inspired by the Algarve's most valuable resources and the stunning beauty of the surrounding mountains, our Sensory Spa is the epitome of pure rejuvenation and relaxation, where you can also enjoy a sauna, a steam room, aromatherapy, an indoor heated pool for adults, relaxation rooms and treatment rooms.
KIDS CLUB
Give your children an unforgettable holiday, as they will take part in many fun activities, in the safe hands of our friendly childcare professionals. the Kids Club offers a wide range of activities to keep children aged 5 to 12 entertained (Seasonal Service).
The hotel is a 60-minute drive from Faro International Airport. The property is just a 20-minute drive from several beaches in the Portimão area and a 15-minute drive from the nearest golf course.
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Currency Exchange
Monchique, Faro, Portugal, 8550-201
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 €130,000 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 |
|---|---|---|---|
| €130,000 | £107,680 | £111,729 | £4,048 |
| Property Price € | €130,000 |
| Minimum cost in the last six months | £107,680 |
| Maximum cost in the last six months | £111,729 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,048 |
Monchique, Faro, Portugal, 8550-201
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 €130,000 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 |
|---|---|---|---|
| €130,000 | £107,680 | £111,729 | £4,048 |
| Property Price € | €130,000 |
| Minimum cost in the last six months | £107,680 |
| Maximum cost in the last six months | £111,729 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,048 |
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 £4,048 more.
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