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Self-sufficient farm with fruit production and tourism, located in the Algarve, Conceição de Tavira, 10 minutes from the beach
Tavira, Faro, Portugal
REF: 886699
€1,100,000
Description
Self-sufficient farm with fruit production and tourism, located in the Algarve, Conceição de Tavira, 10 minutes from the beach. The property consists of 1 urban item (available area 1000m2/ Residential construction area 153m2) and 4 rustic items, totalling 60800 m2 of land corresponding to a villa with two bedrooms +1, lounge, office, kitchen, two bathrooms, utility room, sunroom, terrace and patio. There are three glamping sites (each 25 m2 with bathroom, water and electricity), a 12mx4m swimming pool with reverse osmosis attached to a leisure area with lounge, kitchen, bathroom and Turkish bath and a 250m2 agricultural warehouse. For energy self-sufficiency, solar panels with batteries and inverters have been installed for energy production, as well as rotating solar panels for water heating, allowing surplus energy to be exported and sold to the national electricity grid. For water supply, there is a licensed borehole, a water reserve dam and a 600,000 litre water cistern. There is also an automated irrigation centre. At agricultural level, there are around 800 carob trees, among others, with automatic drip irrigation, using water from the borehole/dam. This property is located in an agricultural and ecological reserve area, ideal for those looking for a sustainable and healthy quality of life with the tranquillity of nature and/or a tourist and agricultural holding. Contact us for more information or to book a visit #ref: 126370
Self-sufficient farm with fruit production and tourism, located in the Algarve, Conceição de Tavira, 10 minutes from the beach. The property consists of 1 urban item (available area 1000m2/ Residential construction area 153m2) and 4 rustic items, totalling 60800 m2 of land corresponding to a villa with two bedrooms +1, lounge, office, kitchen, two bathrooms, utility room, sunroom, terrace and patio. There are three glamping sites (each 25 m2 with bathroom, water and electricity), a 12mx4m swimming pool with reverse osmosis attached to a leisure area with lounge, kitchen, bathroom and Turkish bath and a 250m2 agricultural warehouse. For energy self-sufficiency, solar panels with batteries and inverters have been installed for energy production, as well as rotating solar panels for water heating, allowing surplus energy to be exported and sold to the national electricity grid. For water supply, there is a licensed borehole, a water reserve dam and a 600,000 litre water cistern. There is also an automated irrigation centre. At agricultural level, there are around 800 carob trees, among others, with automatic drip irrigation, using water from the borehole/dam. This property is located in an agricultural and ecological reserve area, ideal for those looking for a sustainable and healthy quality of life with the tranquillity of nature and/or a tourist and agricultural holding. Contact us for more information or to book a visit #ref: 126370
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Currency Exchange
Tavira, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £911,141 | £945,395 | £34,254 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £911,141 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,254 |
Tavira, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £911,141 | £945,395 | £34,254 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £911,141 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,254 |
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 £34,254 more.
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