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Discover this unique and authentic property in the heart of the Algarve, located in the municipality of Tavira, with a stunning sea view
Tavira, Faro, Portugal
REF: 954839
€1,100,000
Description
Discover this unique and authentic property in the heart of the Algarve, located in the municipality of Tavira, with a stunning sea view. Covering a total area of 29,067 m², this estate offers an exclusive environment, combining tradition with potential for various projects, including rural tourism. Property Features: ✔ Total area: 29,067 m² ✔ Two urban plots & two rural plots ✔ Two independent houses (T3 and T4) ✔ Fully fenced property with stone walls ✔ Three separate access points with metal gates (one motorized) ✔ Productive agricultural land with vineyards, fruit trees, and a threshing floor Infrastructure & Equipment: ✔ Automatic irrigation system ✔ Rotating column with 20 solar panels ✔ 200m deep borehole (capable of filling a 10,000L tank in less than 20 minutes) ✔ 10,000L water storage tank ✔ Hot water provided by solar panels and gas water heaters ✔ Fireplace and barbecue ✔ 2 septic tanks The Houses: House 1 (T3) - 309 m² (146.5 m² living area + 162.5 m² courtyard) ✔ Composed of 2 living spaces (T2 + T1), ready to move in ✔ 2 kitchens, 2 bathrooms, 3 bedrooms, 2 living rooms House 2 (T4) - 274.86 m² + 525.14 m² of outdoor space and courtyard ✔ 4 bedrooms, 3 living rooms, 1 kitchen, pantry, porch, storage areas, and 3 sheds ✔ Requires renovation work The Land: 20,109 m² fenced land, vineyard with 1,500 grapevines (Touriga Nacional, Moscatel, Periquita, etc.) ✔ Annual harvest of approximately 1,500 kg ✔ Diverse agriculture: banana trees, pomegranate trees, olive trees, carob trees, and other fruit trees Rustic land of 8,958 m² with a threshing floor Prime Location: 7 minutes from the beaches 28 km from Faro Airport 15 km from Olhão & 10 minutes from Tavira 40 km from the Spanish border Close to shops and services Investment Potential: Topographic surveys and studies already carried out for a rural tourism project, making it a great investment opportunity for tourism development or agricultural exploitation. A rare opportunity to acquire a charming property full of history and great potential in the Algarve. Contact us for more information or to schedule a visit! #ref: 139464
Discover this unique and authentic property in the heart of the Algarve, located in the municipality of Tavira, with a stunning sea view. Covering a total area of 29,067 m², this estate offers an exclusive environment, combining tradition with potential for various projects, including rural tourism. Property Features: ✔ Total area: 29,067 m² ✔ Two urban plots & two rural plots ✔ Two independent houses (T3 and T4) ✔ Fully fenced property with stone walls ✔ Three separate access points with metal gates (one motorized) ✔ Productive agricultural land with vineyards, fruit trees, and a threshing floor Infrastructure & Equipment: ✔ Automatic irrigation system ✔ Rotating column with 20 solar panels ✔ 200m deep borehole (capable of filling a 10,000L tank in less than 20 minutes) ✔ 10,000L water storage tank ✔ Hot water provided by solar panels and gas water heaters ✔ Fireplace and barbecue ✔ 2 septic tanks The Houses: House 1 (T3) - 309 m² (146.5 m² living area + 162.5 m² courtyard) ✔ Composed of 2 living spaces (T2 + T1), ready to move in ✔ 2 kitchens, 2 bathrooms, 3 bedrooms, 2 living rooms House 2 (T4) - 274.86 m² + 525.14 m² of outdoor space and courtyard ✔ 4 bedrooms, 3 living rooms, 1 kitchen, pantry, porch, storage areas, and 3 sheds ✔ Requires renovation work The Land: 20,109 m² fenced land, vineyard with 1,500 grapevines (Touriga Nacional, Moscatel, Periquita, etc.) ✔ Annual harvest of approximately 1,500 kg ✔ Diverse agriculture: banana trees, pomegranate trees, olive trees, carob trees, and other fruit trees Rustic land of 8,958 m² with a threshing floor Prime Location: 7 minutes from the beaches 28 km from Faro Airport 15 km from Olhão & 10 minutes from Tavira 40 km from the Spanish border Close to shops and services Investment Potential: Topographic surveys and studies already carried out for a rural tourism project, making it a great investment opportunity for tourism development or agricultural exploitation. A rare opportunity to acquire a charming property full of history and great potential in the Algarve. Contact us for more information or to schedule a visit! #ref: 139464
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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 | £906,290 | £930,699 | £24,409 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £906,290 |
| Maximum cost in the last six months | £930,699 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,409 |
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 | £906,290 | £930,699 | £24,409 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £906,290 |
| Maximum cost in the last six months | £930,699 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,409 |
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 £24,409 more.
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