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Imagine a luxury Alentejo retreat, located next to Monsaraz Castle, where history and serenity meet to create a unique experience
Reguengos de Monsaraz, Évora, Portugal
REF: 901324
€2,300,000
Description
Imagine a luxury Alentejo retreat, located next to Monsaraz Castle, where history and serenity meet to create a unique experience. This hill, ideal for excellent tourism, offers 13 carefully decorated rooms, 7 of which are exquisite suites. Each of the 13 bathrooms is designed to provide comfort and privacy to guests, complementing the sophistication of the space. Inside, an imposing lounge enchants with its library and superb fireplace, creating the perfect atmosphere for relaxing or socializing. The spacious kitchen is equipped to prepare memorable meals, which can be enjoyed in the elegant dining room, supported by practical services such as laundry and other essential amenities for a comfortable and worry-free stay. The exterior of this property is equally charming: a saltwater swimming pool is surrounded by well-kept gardens, inviting you to rest and contemplate the stunning views that stretch over the Alentejo. The orange orchards and olive grove offer fresh, authentic harvests, while the 4 hectares of fertile land add enormous agricultural potential to the property. Sustainability is a pillar of this property, which stands out for its autonomy in water supply, with a reserve through its own borehole. To ensure energy efficiency, it also has two photovoltaic panel systems, which promote a more ecological and economically advantageous operation. The historic surroundings of the hill, next to the iconic Monsaraz Castle, are immersed in natural beauty. The proximity to Lake Alqueva – the largest artificial lake in Europe – allows access to refreshing river beaches, nautical activities and extraordinary views. This area, also known for its winemaking tradition, is famous for its excellent Alentejo wines and rich regional cuisine, where olive oil, cheeses, Alentejo bread and sausages are just some of the delicacies that will conquer any palate. The acquisition of this little piece of paradise includes all the contents and all the equipment, whether hotel or agricultural. This mountain is a true jewel of the Alentejo, a rare opportunity for those who wish to continue their tourist business or for those looking for an exclusive refuge, where nature, history and tranquility come together in perfect harmony. It is an invitation to live and enjoy all the richness and serenity of this unique piece of Portugal #ref: 129615
Imagine a luxury Alentejo retreat, located next to Monsaraz Castle, where history and serenity meet to create a unique experience. This hill, ideal for excellent tourism, offers 13 carefully decorated rooms, 7 of which are exquisite suites. Each of the 13 bathrooms is designed to provide comfort and privacy to guests, complementing the sophistication of the space. Inside, an imposing lounge enchants with its library and superb fireplace, creating the perfect atmosphere for relaxing or socializing. The spacious kitchen is equipped to prepare memorable meals, which can be enjoyed in the elegant dining room, supported by practical services such as laundry and other essential amenities for a comfortable and worry-free stay. The exterior of this property is equally charming: a saltwater swimming pool is surrounded by well-kept gardens, inviting you to rest and contemplate the stunning views that stretch over the Alentejo. The orange orchards and olive grove offer fresh, authentic harvests, while the 4 hectares of fertile land add enormous agricultural potential to the property. Sustainability is a pillar of this property, which stands out for its autonomy in water supply, with a reserve through its own borehole. To ensure energy efficiency, it also has two photovoltaic panel systems, which promote a more ecological and economically advantageous operation. The historic surroundings of the hill, next to the iconic Monsaraz Castle, are immersed in natural beauty. The proximity to Lake Alqueva – the largest artificial lake in Europe – allows access to refreshing river beaches, nautical activities and extraordinary views. This area, also known for its winemaking tradition, is famous for its excellent Alentejo wines and rich regional cuisine, where olive oil, cheeses, Alentejo bread and sausages are just some of the delicacies that will conquer any palate. The acquisition of this little piece of paradise includes all the contents and all the equipment, whether hotel or agricultural. This mountain is a true jewel of the Alentejo, a rare opportunity for those who wish to continue their tourist business or for those looking for an exclusive refuge, where nature, history and tranquility come together in perfect harmony. It is an invitation to live and enjoy all the richness and serenity of this unique piece of Portugal #ref: 129615
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Currency Exchange
Reguengos de Monsaraz, Évora, 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 €2,300,000 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 |
|---|---|---|---|
| €2,300,000 | £1,894,970 | £1,976,735 | £81,765 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,894,970 |
| Maximum cost in the last six months | £1,976,735 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £81,765 |
Reguengos de Monsaraz, Évora, 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 €2,300,000 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 |
|---|---|---|---|
| €2,300,000 | £1,894,970 | £1,976,735 | £81,765 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,894,970 |
| Maximum cost in the last six months | £1,976,735 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £81,765 |
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 £81,765 more.
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