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PORTUGAL - ALGARVE - PORTIMAO Exclusive with IAD Portugal
Portimão, Faro, Portugal
REF: 857518
€870,000
Description
PORTUGAL - ALGARVE - PORTIMAO Exclusive with IAD Portugal. Discover a rare opportunity with this magnificent farm located in Quinta da Rocha, a nature reserve ideally situated between Lagos and Portimão. Enjoy a unique lifestyle at walking distance from the beach, where charm, tradition, and modernity blend seamlessly. The single-story house has been fully renovated with high-quality materials. Every detail has been carefully considered to provide a functional and cozy living space. A large, fully equipped kitchen opens onto the dining room and the living room, which leads to the main terrace with a pool. The three bedrooms are bright, with two of them having direct access to the pool. A bathroom with a bathtub completes the ground floor, along with a pantry room that can be converted into a second bathroom. The attic, accessible from the outside, has been transformed into an independent apartment with a living room, bathroom, two bedrooms, and a large private terrace offering stunning views of the Algarve countryside. The highlight of this property, perfect for Nature and tranquility lovers, is its vast land of over 8000 m². With numerous fruit trees and various possibilities for outdoor activities, it offers a serene and versatile environment. The property also stands out for its accommodation capacity. Four independent annexes, converted from an old agricultural building, are currently used for seasonal rentals, offering significant additional income potential. Each annex is a studio with its own entrance, kitchen, bathroom, and living space. Electricity from the grid. Water from a borehole. Hot water provided by a solar thermal system. Independant laudry room. Property completely fenced. Some work is required outside : the main terrace and replacing the pool liner. Don't miss this chance to acquire a unique property in an exceptional natural setting. Contact us now to arrange a visit and be charmed by this exceptional farm! IAD emerged in Portugal in 2015 and is part of an international group operating in France, Spain, Italy, Germany, UK, Mexico and USA. Tell us more about your project, we provide a wide range of services and we will be glad to accompany you. #ref: 123146
PORTUGAL - ALGARVE - PORTIMAO Exclusive with IAD Portugal. Discover a rare opportunity with this magnificent farm located in Quinta da Rocha, a nature reserve ideally situated between Lagos and Portimão. Enjoy a unique lifestyle at walking distance from the beach, where charm, tradition, and modernity blend seamlessly. The single-story house has been fully renovated with high-quality materials. Every detail has been carefully considered to provide a functional and cozy living space. A large, fully equipped kitchen opens onto the dining room and the living room, which leads to the main terrace with a pool. The three bedrooms are bright, with two of them having direct access to the pool. A bathroom with a bathtub completes the ground floor, along with a pantry room that can be converted into a second bathroom. The attic, accessible from the outside, has been transformed into an independent apartment with a living room, bathroom, two bedrooms, and a large private terrace offering stunning views of the Algarve countryside. The highlight of this property, perfect for Nature and tranquility lovers, is its vast land of over 8000 m². With numerous fruit trees and various possibilities for outdoor activities, it offers a serene and versatile environment. The property also stands out for its accommodation capacity. Four independent annexes, converted from an old agricultural building, are currently used for seasonal rentals, offering significant additional income potential. Each annex is a studio with its own entrance, kitchen, bathroom, and living space. Electricity from the grid. Water from a borehole. Hot water provided by a solar thermal system. Independant laudry room. Property completely fenced. Some work is required outside : the main terrace and replacing the pool liner. Don't miss this chance to acquire a unique property in an exceptional natural setting. Contact us now to arrange a visit and be charmed by this exceptional farm! IAD emerged in Portugal in 2015 and is part of an international group operating in France, Spain, Italy, Germany, UK, Mexico and USA. Tell us more about your project, we provide a wide range of services and we will be glad to accompany you. #ref: 123146
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Currency Exchange
Portimão, Faro, 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 €870,000 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 |
|---|---|---|---|
| €870,000 | £730,208 | £750,427 | £20,219 |
| Property Price € | €870,000 |
| Minimum cost in the last six months | £730,208 |
| Maximum cost in the last six months | £750,427 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,219 |
Portimão, Faro, 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 €870,000 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 |
|---|---|---|---|
| €870,000 | £730,208 | £750,427 | £20,219 |
| Property Price € | €870,000 |
| Minimum cost in the last six months | £730,208 |
| Maximum cost in the last six months | £750,427 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,219 |
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 £20,219 more.
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