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A timely opportunity to acquire an exceptional boutique hotel set in the stunning countryside of eastern Algarve
Tavira, Portugal
REF: 832229
€4,950,000
Description
A timely opportunity to acquire an exceptional boutique hotel set in the stunning countryside of eastern Algarve. Designed with sustainable eco-tourism in mind, at a time when it’s so important to be environmentally conscious, this fully renovated property offers a blend of contemporary luxury and traditional comforts. The hotel features 15 beautifully appointed rooms, each a harmonious fusion of modern design and traditional Algarvian elements. Guests can choose from contemporary loft suites or charming rooms with private gardens and terraces. The hotel is an idyllic setting for weddings, corporate retreats, and special occasions. Guests can exchange vows in the enchanting gardens, surrounded by fragrant blooms and herbs with plenty of space for their friends and loved ones. The dedicated events team ensure every detail is flawless, from personalized menus to elegant floral arrangements. A place to embrace eco-tourism at its finest. The hotel’s commitment to sustainability includes a thriving kitchen garden where fresh herbs and produce are cultivated. Guests can explore nearby nature trails or cycle along country lanes to local towns and villages or venture further afield to explore the Ria Formosa Natural Park by kayak or SUP. This boutique hotel presents a rare chance to own a piece of the rural Algarve. An established reputation, loyal clientèle, commitment to perfection and the current trend within the hospitality sector towards smaller, sustainable properties make this a sound investment for discerning buyers. CHARACTERISTICS:Plot Area: 103 920 m2 | 1 118 586 sq ftDeployment Area: 956 m2 | 10 291 sq ftBuilding Area: 1 150 m2 | 12 373 sq ftBedrooms: 15Energy efficiency: AFEATURES:Unique opportunity Boutique Hotel Rural landscape Sustainable eco-tourism 15 rooms Modern design Lovely gardens 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
A timely opportunity to acquire an exceptional boutique hotel set in the stunning countryside of eastern Algarve. Designed with sustainable eco-tourism in mind, at a time when it’s so important to be environmentally conscious, this fully renovated property offers a blend of contemporary luxury and traditional comforts. The hotel features 15 beautifully appointed rooms, each a harmonious fusion of modern design and traditional Algarvian elements. Guests can choose from contemporary loft suites or charming rooms with private gardens and terraces. The hotel is an idyllic setting for weddings, corporate retreats, and special occasions. Guests can exchange vows in the enchanting gardens, surrounded by fragrant blooms and herbs with plenty of space for their friends and loved ones. The dedicated events team ensure every detail is flawless, from personalized menus to elegant floral arrangements. A place to embrace eco-tourism at its finest. The hotel’s commitment to sustainability includes a thriving kitchen garden where fresh herbs and produce are cultivated. Guests can explore nearby nature trails or cycle along country lanes to local towns and villages or venture further afield to explore the Ria Formosa Natural Park by kayak or SUP. This boutique hotel presents a rare chance to own a piece of the rural Algarve. An established reputation, loyal clientèle, commitment to perfection and the current trend within the hospitality sector towards smaller, sustainable properties make this a sound investment for discerning buyers. CHARACTERISTICS:Plot Area: 103 920 m2 | 1 118 586 sq ftDeployment Area: 956 m2 | 10 291 sq ftBuilding Area: 1 150 m2 | 12 373 sq ftBedrooms: 15Energy efficiency: AFEATURES:Unique opportunity Boutique Hotel Rural landscape Sustainable eco-tourism 15 rooms Modern design Lovely gardens 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
Tavira, 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 €4,950,000 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 |
|---|---|---|---|
| €4,950,000 | £4,078,305 | £4,188,146 | £109,841 |
| Property Price € | €4,950,000 |
| Minimum cost in the last six months | £4,078,305 |
| Maximum cost in the last six months | £4,188,146 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £109,841 |
Tavira, 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 €4,950,000 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 |
|---|---|---|---|
| €4,950,000 | £4,078,305 | £4,188,146 | £109,841 |
| Property Price € | €4,950,000 |
| Minimum cost in the last six months | £4,078,305 |
| Maximum cost in the last six months | £4,188,146 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £109,841 |
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 £109,841 more.
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