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In the silence and tranquillity of Alto Alentejo, in the heart of the Serra de São Mamede Natural Park, near the village of Castelo de Vide and Marvão, we find the Rosas de Vide farm
Santa Maria da Devesa, Portalegre, Portugal
REF: 864560
€650,000
Description
In the silence and tranquillity of Alto Alentejo, in the heart of the Serra de São Mamede Natural Park, near the village of Castelo de Vide and Marvão, we find the Rosas de Vide farm. Implanted in a plot of 4.4 hectares, the farm consists of 2 totally independent houses and away from each other, large swimming pool and extraordinary dining and leisure area. The main residence, with an area of 244sqm on a single floor, benefits from excellent sun exposure, with direct exits to the garden and pool, offers panoramic views over the fields and the charming village of Castelo de Vide at the top of the mountain. It consists of four bedrooms, one en suite, living and dining room with fireplace, kitchen with laundry area and pantry, full bathroom and good circulation areas. The secondary house, Monte das Fragas, has an independent entrance gate, an area of 70sqm, two bedrooms, living room, kitchen, bathroom and a small swimming pool. In the Serra de São Mamede we find an unexpected Alentejo, high instead of flat, green instead of dry, the land has a stream with a bridge that divides the two houses, several fruit trees, olive trees, garden areas and imposing rock formations. Two boreholes guarantee the necessary water for the house, pool and irrigation systems. Central heating is done through a fireplace with a stove. Solar panels contribute to the decrease in the cost of home energy consumption, pool maintenance, and electric car charging. Covered parking area. Both houses have a local accommodation license allowing, if you want, to generate a good yield and enjoy the farm with family and friends when you have no guests. For over 25 years Castelhana has been a renowned name in the Portuguese real estate sector. As a company of Dils group, we specialize in advising businesses, organizations and (institutional) investors in buying, selling, renting, letting and development of residential properties. Founded in 1999, Castelhana has built one of the largest and most solid real estate portfolios in Portugal over the years, with over 600 renovation and new construction projects. In Lisbon, we are based in Chiado, one of the most emblematic and traditional areas of the capital. In Porto, in Foz do Douro, one of the noblest places in the city and in the Algarve next to the renowned Vilamoura Marina. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
In the silence and tranquillity of Alto Alentejo, in the heart of the Serra de São Mamede Natural Park, near the village of Castelo de Vide and Marvão, we find the Rosas de Vide farm. Implanted in a plot of 4.4 hectares, the farm consists of 2 totally independent houses and away from each other, large swimming pool and extraordinary dining and leisure area. The main residence, with an area of 244sqm on a single floor, benefits from excellent sun exposure, with direct exits to the garden and pool, offers panoramic views over the fields and the charming village of Castelo de Vide at the top of the mountain. It consists of four bedrooms, one en suite, living and dining room with fireplace, kitchen with laundry area and pantry, full bathroom and good circulation areas. The secondary house, Monte das Fragas, has an independent entrance gate, an area of 70sqm, two bedrooms, living room, kitchen, bathroom and a small swimming pool. In the Serra de São Mamede we find an unexpected Alentejo, high instead of flat, green instead of dry, the land has a stream with a bridge that divides the two houses, several fruit trees, olive trees, garden areas and imposing rock formations. Two boreholes guarantee the necessary water for the house, pool and irrigation systems. Central heating is done through a fireplace with a stove. Solar panels contribute to the decrease in the cost of home energy consumption, pool maintenance, and electric car charging. Covered parking area. Both houses have a local accommodation license allowing, if you want, to generate a good yield and enjoy the farm with family and friends when you have no guests. For over 25 years Castelhana has been a renowned name in the Portuguese real estate sector. As a company of Dils group, we specialize in advising businesses, organizations and (institutional) investors in buying, selling, renting, letting and development of residential properties. Founded in 1999, Castelhana has built one of the largest and most solid real estate portfolios in Portugal over the years, with over 600 renovation and new construction projects. In Lisbon, we are based in Chiado, one of the most emblematic and traditional areas of the capital. In Porto, in Foz do Douro, one of the noblest places in the city and in the Algarve next to the renowned Vilamoura Marina. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
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Currency Exchange
Santa Maria da Devesa, Portalegre, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
Santa Maria da Devesa, Portalegre, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
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 £20,241 more.
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