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Land in Poio da Quebrada in Monchique
Monchique, Faro, Portugal
REF: 897526
€300,000
Description
Discover this charming habitable house located in Monchique, surrounded by the natural beauty of the mountains. With a spacious plot of 3.8 hectares, this property offers a perfect space for those seeking tranquility and privacy. A welcoming house, with a functional layout. The environments are ideal for enjoying family moments and entertaining friends. The extensive land is a true jewel, allowing for different possibilities: farming, raising animals or simply relaxing in the middle of nature. The privileged location offers stunning views and proximity to hiking trails and other outdoor activities. If you are looking for a peaceful getaway in Monchique, this is the perfect opportunity to live in harmony with nature. Schedule a visit and come and discover this wonderful space!
Discover this charming habitable house located in Monchique, surrounded by the natural beauty of the mountains. With a spacious plot of 3.8 hectares, this property offers a perfect space for those seeking tranquility and privacy. A welcoming house, with a functional layout. The environments are ideal for enjoying family moments and entertaining friends. The extensive land is a true jewel, allowing for different possibilities: farming, raising animals or simply relaxing in the middle of nature. The privileged location offers stunning views and proximity to hiking trails and other outdoor activities. If you are looking for a peaceful getaway in Monchique, this is the perfect opportunity to live in harmony with nature. Schedule a visit and come and discover this wonderful space!
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Currency Exchange
Monchique, 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 €300,000 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 |
|---|---|---|---|
| €300,000 | £249,564 | £258,186 | £8,622 |
| Property Price € | €300,000 |
| Minimum cost in the last six months | £249,564 |
| Maximum cost in the last six months | £258,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,622 |
Monchique, 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 €300,000 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 |
|---|---|---|---|
| €300,000 | £249,564 | £258,186 | £8,622 |
| Property Price € | €300,000 |
| Minimum cost in the last six months | £249,564 |
| Maximum cost in the last six months | £258,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,622 |
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 £8,622 more.
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