Luxury house for sale with stunning sea views! We present a dream property that could be an incredible business opportunity as the property has an AL license in place! This stunning 4 bedroom home is situated on a large plot of land measuring approximately 12,500m², with permission for 10 additiona

Olhão, Faro, Portugal

For Sale

€1,950,000

REF: 866272 €1,950,000


4

3


267 m2

12500 m2

Description

Luxury house for sale with stunning sea views! We present a dream property that could be an incredible business opportunity as the property has an AL license in place! This stunning 4 bedroom home is situated on a large plot of land measuring approximately 12,500m², with permission for 10 additional bungalows.

Property Description: The villa consists of a spacious entrance hall, a living and dining room measuring approximately 45m², an equipped kitchen, four bedrooms, three of which are suites, a library and an office. Furthermore, this single-story house has a basement measuring approximately 300m². It has air conditioning and all rooms and bathrooms have central heating.

The house is sold fully furnished and was decorated by an interior designer, providing a sophisticated and refined environment. The materials used and the finishes are of high quality. Natural light floods every space, and the south orientation offers stunning panoramic views of the garden, mountains and sea.

In the basement, you can create a lounge, a cinema room or simply use it as a large garage. The beautiful garden is well maintained and has a swimming pool, as well as several fruit and tropical trees. On the external terrace, there is a leisure area with a barbecue, perfect for moments of relaxation.

At the bottom of the land, there is a charming natural lake that gives the property a special touch. Located in a quiet rural area, this magnificent house offers convenience, well-being and comfort for you and your family. The property is surrounded by nature and offers stunning views of the sea. It has electricity, mains water and a septic tank.

It also has an artesian borehole with automatic irrigation for the 5000 m2 bristle garden and a cistern. Located near Moncarapacho, it is just 10 minutes from the charming city of Olhão, 20 minutes from Faro and 30 minutes from the Airport. Moncarapacho is an idyllic small village known for its flower production and stunning landscapes.

Olhão, meanwhile, is a charming city with its important fishing port, a stunning marina and the famous Armona and Farol Islands. Don't miss the opportunity to visit this little paradise! Come check out this unique property that offers a lifestyle exquisite and all the amenities you and your family deserve.

Schedule your visit now and be enchanted by this wonderful house! Don't miss the opportunity to discover this extraordinary house, where comfort and luxury can create a unique experience and unforgettable memories. #ref: 124287
Luxury house for sale with stunning sea views! We present a dream property that could be an incredible business opportunity as the property has an AL license in place! This stunning 4 bedroom home is situated on a large plot of land measuring approximately 12,500m², with permission for 10 additional bungalows.

Property Description: The villa consists of a spacious entrance hall, a living and dining room measuring approximately 45m², an equipped kitchen, four bedrooms, three of which are suites, a library and an office. Furthermore, this single-story house has a basement measuring approximately 300m². It has air conditioning and all rooms and bathrooms have central heating.

The house is sold fully furnished and was decorated by an interior designer, providing a sophisticated and refined environment. The materials used and the finishes are of high quality. Natural light floods every space, and the south orientation offers stunning panoramic views of the garden, mountains and sea.

In the basement, you can create a lounge, a cinema room or simply use it as a large garage. The beautiful garden is well maintained and has a swimming pool, as well as several fruit and tropical trees. On the external terrace, there is a leisure area with a barbecue, perfect for moments of relaxation.

At the bottom of the land, there is a charming natural lake that gives the property a special touch. Located in a quiet rural area, this magnificent house offers convenience, well-being and comfort for you and your family. The property is surrounded by nature and offers stunning views of the sea. It has electricity, mains water and a septic tank.

It also has an artesian borehole with automatic irrigation for the 5000 m2 bristle garden and a cistern. Located near Moncarapacho, it is just 10 minutes from the charming city of Olhão, 20 minutes from Faro and 30 minutes from the Airport. Moncarapacho is an idyllic small village known for its flower production and stunning landscapes.

Olhão, meanwhile, is a charming city with its important fishing port, a stunning marina and the famous Armona and Farol Islands. Don't miss the opportunity to visit this little paradise! Come check out this unique property that offers a lifestyle exquisite and all the amenities you and your family deserve.

Schedule your visit now and be enchanted by this wonderful house! Don't miss the opportunity to discover this extraordinary house, where comfort and luxury can create a unique experience and unforgettable memories. #ref: 124287
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Property on Map

#124287

Currency Exchange

Olhão, 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 €1,950,000 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
€1,950,000 £1,636,674 £1,681,992 £45,318
Property Price € €1,950,000
Minimum cost in the last six months £1,636,674
Maximum cost in the last six months £1,681,992
Fluctuating exchange rates over the last six months could have increased the cost of this property by £45,318

Olhão, 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 €1,950,000 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
€1,950,000 £1,636,674 £1,681,992 £45,318
Property Price € €1,950,000
Minimum cost in the last six months £1,636,674
Maximum cost in the last six months £1,681,992
Fluctuating exchange rates over the last six months could have increased the cost of this property by £45,318

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 £45,318 more.

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