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Global Properties

3 bedrooms House in Monchique, Portugal No. 312828

$ 1 740 928
$ 4 667 per m²
3 Bedrooms
4 Bathrooms
373 Living space, m²
Monchique, Portugal
Parameters
Bedrooms
3
Bathrooms
4
Living space, m²
373
ID
312828
Type
House
Land area, m²
54000
Completion date
IV quarter, 2008
Property description
This 3+3-bedroom property is an inspired conversion of a traditional mountain quinta designed by an award-winning architect, a hidden gem that overlooks its own valley with a mountain stream and extensive woodland with eucalyptus, oak and fruit trees. Whilst totally secluded, the property is just a 5-minute drive from Monchique town and less than 30-minutes away from Portimão and the coast. There


This 3+3-bedroom property is an inspired conversion of a traditional mountain quinta designed by an award-winning architect, a hidden gem that overlooks its own valley with a mountain stream and extensive woodland with eucalyptus, oak and fruit trees. Whilst totally secluded, the property is just a 5-minute drive from Monchique town and less than 30-minutes away from Portimão and the coast. There are two adjoining plots of land giving a total of 5.4 hectares (13.3 acres) with the possibility of building another small property on one of the plots converted from an existing dwelling as well an outhouse currently used for storage but ideal for conversion to an art studio.
The property was once a working farm, and the house overlooks spectacular stone terraces that are centuries-old. The accommodation resulting from the conversion comprises two separate structures; the main house where contemporary architecture has been masterfully integrated with the original farmhouse building employing a high-level of finish and prime materials and the guest cottage which has been renovated in the traditional style. The main house offers 3 en-suite bedrooms, a mezzanine, study and box room, an open-plan lounge / dining area, guest W/C and architecturally inspired hallways bathed in natural light. The guest cottage has a cozy lounge and kitchen area with two bedrooms and one bathroom on the ground floor and a further upstairs bedroom in the loft space. The house has its own water supply from a natural spring located on the property.On the outside, various delightful terrace spaces are ideally positioned to take in views of the valley whilst appreciating the architecture. There is a small swimming pool converted from the old water tank.This is a truly unique property, ideal as a secluded home but also well-suited to operate a small rural tourism business with additional development possibilities. * More photos available including cottage and outhouses* The feature(s)/equipment(s) mentioned in this description are subject to verification and agreement between the vendors and buyers.EPC: E

Features
Features
  • Balcony
  • Terrace
Indoor facilities
  • Storage room
  • Elevator
Outdoor features
  • Swimming pool
Statistics Monchique
$ 4 590
Price per m²
162
Quality of Life Index
51
Cost of living Index
Parameters
[:second_city:]
Faro
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 150
2-Room Apartment
$ 924
Apartment Purchase Price per m²
In the City Center
$ 4 590
Outside the City Center
$ 3 532
Crime Index
30
Cost of Living and Rent Index
41
Purchasing Power Index
68
Property Price to Income Ratio
14
Safety Index
70
Traffic CO₂ Index
5958
Traffic Inefficiency Index
141
Rent Index
28
Health Care Index
54
Groceries Index
47
Pollution Index
34
Traffic Commute Time Index
25
Restaurant Price Index
47
Climate Index
98
Cost of Living Index
51
Quality of Life Index
162
Traffic Index
120
Restaurants
Meal, Inexpensive Restaurant
$ 13.97
Meal for 2 People, Mid-range Restaurant, Three-course
$ 46.58
McMeal at McDonalds (or Equivalent Combo Meal)
$ 12.23
Domestic Beer (0.5 liter draught)
$ 2.33
Imported Beer (0.33 liter bottle)
$ 2.33
Coke/Pepsi (0.33 liter bottle)
$ 2.33
Water (0.33 liter bottle)
$ 1.63
Cappuccino (regular)
$ 1.98
Markets
Milk (regular), (1 liter)
$ 1.19
Loaf of Fresh White Bread (500g)
$ 1.54
Eggs (regular) (12)
$ 3.14
Local Cheese (1kg)
$ 14.41
Water (1.5 liter bottle)
$ 1.24
Bottle of Wine (Mid-Range)
$ 5.24
Domestic Beer (0.5 liter bottle)
$ 0.97
Imported Beer (0.33 liter bottle)
$ 3.06
Cigarettes 20 Pack (Marlboro)
$ 6.64
Apples (1kg)
$ 2.65
Chicken Fillets (1kg)
$ 6.31
Oranges (1kg)
$ 1.61
Potato (1kg)
$ 1.50
Lettuce (1 head)
$ 1.44
Rice (white), (1kg)
$ 1.84
Tomato (1kg)
$ 2.67
Banana (1kg)
$ 1.34
Onion (1kg)
$ 2.53
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.30
Transportation
One-way Ticket (Local Transport)
$ 3.49
Monthly Pass (Regular Price)
$ 43.08
Gasoline (1 liter)
$ 1.99
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 34 982
Taxi Start (Normal Tariff)
$ 3.84
Taxi 1km (Normal Tariff)
$ 1.16
Taxi 1hour Waiting (Normal Tariff)
$ 22.12
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 39 888
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 141
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 43.37
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 20.23
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 419
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 44.25
Tennis Court Rent (1 Hour on Weekend)
$ 22.12
Cinema, International Release, 1 Seat
$ 11.64
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 73.74
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 39.30
1 Pair of Nike Running Shoes (Mid-Range)
$ 109
1 Pair of Men Leather Business Shoes
$ 107
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 470
International Primary School, Yearly for 1 Child
$ 12 626
Contact seller
Contact seller

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