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Monchique Property for sale

11/8/2006 - Algarve Property Finder

FOR SALE a splendid Villa situated in Monchique Faro Portugal . Property posted by Algarve Property Finder at 395,000 EUR as at 8 November 2006. This Villa, contains 5 beds and 2 baths , is 166 sq m . Ref: W1117-VH-W. 1 2 3 4

Villa in Monchique Faro, Portugal

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Monchique Property for sale Monchique Property for sale
Monchique Property for sale
Monchique Property for sale
Monchique Property for sale
Bedrooms: 5 Bathrooms: 2 Size: 166 sq m
Price: 395,000 EUR

(EUROS) € 395,000
(GBP) £ 316,711
(US) $ 627,537
Finance this property from 1175.12 EUR (€ 1175.12/ £ 942.22/ $ 1866.92) per month - see our Portugal mortgages info

Villa Description

  • private swmming pool
  • Monchique hill views
  • 11.200m plot

Charming villa with private swimming pool in Monchique hills, near Silves.

Monchique In close proximity to Silves, Portimão within 20 minutes and the charming SPA Village of Caldas de Monchique. This property has a style and character in keeping with its surroundings. Cool in summer yet warm during the winter months. It commands a prominent position on the side of and has superb views along the valley. Delightfully decorated interior in a rustic style with an 8m x 4m swimming pool, the land extends behind the property and follows down to a stream with its own well at the bottom. Comprising lounge/diner woth woodburner, fitted kitchen, 4 bedrooms, office (or 5th bedroom), 2 bathrooms, garage (ready for conversion into guest quarters). Built area 166m² (possible to extend to 300m²), plot size 11,200m². A property filled with character and ambience, sold fully furnished!!

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Portugal Mortgages: Example for REF W1117-VH-W

( Villa in Monchique Faro, Portugal )

Interest only mortgage

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 118,500 EUR
70 % Financed = 276,500 EUR
Monthly mortgage repayment = 1175.12 EUR (€ 1175.12/ £ 942.22/ $ 1866.92)

Capital repayment mortgage:

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 118,500 EUR
70 % Financed = 276,500 EUR
Monthly mortgage repayment = 1501.26 EUR (€ 1501.26/ £ 1203.71/ $ 2385.05)
Correct as at Thursday, August 28, 2008

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