Search
PORTUGAL - ALGARVE - ESTOI- SITIO DA MURTA Opportunity to acquire a recently refurbished villa with 5 bedrooms, private pool, garage and a generous garden, situated in a location close to Estoi, Sitio da Murta
Faro, Faro, Portugal
REF: 881442
€2,500,000
Description
PORTUGAL - ALGARVE - ESTOI- SITIO DA MURTA Opportunity to acquire a recently refurbished villa with 5 bedrooms, private pool, garage and a generous garden, situated in a location close to Estoi, Sitio da Murta. In addition, the property includes a plot of land with an approved project for the construction of a 49-room rural hotel, which could represent an attractive possibility for investment and business expansion. The villa is impeccably distributed over two floors. The second floor has a spacious living room and dining room overlooking the pool, a fully equipped kitchen, a large en suite bedroom with dressing room and private bathroom, as well as a service bathroom. On the second floor, we find 4 generous and bright bedrooms, each with built-in closets and balconies with stunning views over the countryside. The private pool and cozy garden create a serene and pleasant environment, perfect for moments of leisure and relaxation. The spacious garage easily accommodates several vehicles. The adjacent plot, with an approved project to build a 49-room rural hotel, represents a unique possibility for investment and business expansion. The hotel will have an outdoor swimming pool, gardens, service area, bar, restaurant and gym, making it an attractive option for those looking for investment opportunities in the hotel sector. This property offers the best of both worlds: a recently refurbished 5-bedroom villa with ample space and privacy, as well as the possibility of developing a hotel enterprise in a rural area. Don't miss out on this unique opportunity to acquire a property with enormous potential. #ref: 126478
PORTUGAL - ALGARVE - ESTOI- SITIO DA MURTA Opportunity to acquire a recently refurbished villa with 5 bedrooms, private pool, garage and a generous garden, situated in a location close to Estoi, Sitio da Murta. In addition, the property includes a plot of land with an approved project for the construction of a 49-room rural hotel, which could represent an attractive possibility for investment and business expansion. The villa is impeccably distributed over two floors. The second floor has a spacious living room and dining room overlooking the pool, a fully equipped kitchen, a large en suite bedroom with dressing room and private bathroom, as well as a service bathroom. On the second floor, we find 4 generous and bright bedrooms, each with built-in closets and balconies with stunning views over the countryside. The private pool and cozy garden create a serene and pleasant environment, perfect for moments of leisure and relaxation. The spacious garage easily accommodates several vehicles. The adjacent plot, with an approved project to build a 49-room rural hotel, represents a unique possibility for investment and business expansion. The hotel will have an outdoor swimming pool, gardens, service area, bar, restaurant and gym, making it an attractive option for those looking for investment opportunities in the hotel sector. This property offers the best of both worlds: a recently refurbished 5-bedroom villa with ample space and privacy, as well as the possibility of developing a hotel enterprise in a rural area. Don't miss out on this unique opportunity to acquire a property with enormous potential. #ref: 126478
Read More
Property on Map
Currency Exchange
Faro, 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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,059,750 | £2,115,225 | £55,475 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,059,750 |
| Maximum cost in the last six months | £2,115,225 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £55,475 |
Faro, 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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,059,750 | £2,115,225 | £55,475 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,059,750 |
| Maximum cost in the last six months | £2,115,225 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £55,475 |
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 £55,475 more.
Search popular regions
Useful links
Hi {{firstName}},
Enquire about this property
Make an Enquiry on this property
No Yes
No Yes
I agree to be connected with a trusted property agent who will receive
these details.
We handle your data with care and only ever as outlined in our
Privacy Policy
Thank you for your
enquiry!
Our partner agent will be in touch with you shortly.
Our partner agent will be in touch with you shortly.
Enquire about this property
No
Yes
No
Yes
I agree to be connected with the property agent for more detail on this
listing.
We handle your data with care and only ever as outlined in our
Privacy Policy
