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Detached villa with 3 bedrooms, an annex, a swimming pool and a lush mature garden, located in the picturesque village of Monchique in the Algarve
Monchique, Portugal
REF: 948776
€635,000
Description
Detached villa with 3 bedrooms, an annex, a swimming pool and a lush mature garden, located in the picturesque village of Monchique in the Algarve. Entering through the main door of the villa, there is access to the small patio, ideal for al fresco dining. Then there's the functional and equipped kitchen, a pantry and the dining area. Moving through the villa, we pass into the cozy living room with a fireplace and stunning views over the Monchique countryside. Adjacent to the kitchen area is the master bedroom, a large full bathroom and a guest toilet. Crossing the small terrace, we come across the annex, consisting of two bedrooms and a bathroom. Both rooms have access to a south-facing terrace. Both the main house and the annex have a path that runs through the mature garden, along the stream that runs through the property, to the saltwater pool that offers unobstructed panoramic views over the valley. This unique property, set in nature, offers total privacy and tranquility, far from the busy towns and yet only 5 km from the center of Monchique and less than 30 minutes from the Algarve coast and its beaches, and about 1h15 from Faro International Airport. An ideal property for those looking for a retreat and who appreciate the mountains, but don't want to give up the proximity to the coast, and offers a potential rental income. CHARACTERISTICS:Plot Area: 5 360 m2 | 57 695 sq ftArea: 155 m2 | 1 668 sq ftUseful area: 78 m2 | 838 sq ftBedrooms: 3Bathrooms: 3Energy efficiency: B-FEATURES:3 bedrooms Equipped kitchen Fireplace Terrace Garden Swimming pool Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
Detached villa with 3 bedrooms, an annex, a swimming pool and a lush mature garden, located in the picturesque village of Monchique in the Algarve. Entering through the main door of the villa, there is access to the small patio, ideal for al fresco dining. Then there's the functional and equipped kitchen, a pantry and the dining area. Moving through the villa, we pass into the cozy living room with a fireplace and stunning views over the Monchique countryside. Adjacent to the kitchen area is the master bedroom, a large full bathroom and a guest toilet. Crossing the small terrace, we come across the annex, consisting of two bedrooms and a bathroom. Both rooms have access to a south-facing terrace. Both the main house and the annex have a path that runs through the mature garden, along the stream that runs through the property, to the saltwater pool that offers unobstructed panoramic views over the valley. This unique property, set in nature, offers total privacy and tranquility, far from the busy towns and yet only 5 km from the center of Monchique and less than 30 minutes from the Algarve coast and its beaches, and about 1h15 from Faro International Airport. An ideal property for those looking for a retreat and who appreciate the mountains, but don't want to give up the proximity to the coast, and offers a potential rental income. CHARACTERISTICS:Plot Area: 5 360 m2 | 57 695 sq ftArea: 155 m2 | 1 668 sq ftUseful area: 78 m2 | 838 sq ftBedrooms: 3Bathrooms: 3Energy efficiency: B-FEATURES:3 bedrooms Equipped kitchen Fireplace Terrace Garden Swimming pool Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Currency Exchange
Monchique, 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 €635,000 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 |
|---|---|---|---|
| €635,000 | £523,177 | £537,267 | £14,091 |
| Property Price € | €635,000 |
| Minimum cost in the last six months | £523,177 |
| Maximum cost in the last six months | £537,267 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,091 |
Monchique, 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 €635,000 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 |
|---|---|---|---|
| €635,000 | £523,177 | £537,267 | £14,091 |
| Property Price € | €635,000 |
| Minimum cost in the last six months | £523,177 |
| Maximum cost in the last six months | £537,267 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,091 |
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 £14,091 more.
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