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Villa – Monchique, Faro, Portugal
- Total area3,320 m²
- Land area3,320 m²
- Bathrooms1
This villa for sale in Monchique is in a secluded and peaceful area in Monchique. During the construction of the house natural materials such as wood and cork was used instead of the usual bricks. The materials used were from Belgium and France. The villa comprises of 2 bedrooms, kitchen, dining room, living room, 2 bathrooms, dressing room and a terrace. The house has solar panels and a fireplace installation and will also have a connection to natural gas(which does not yet exist in this area). The terrace may be closed by the new owners if they wish, for now it will be sold this way. This is a unique, ecological and innovative design. Further down the land there is also a wooden house, the land has water, which is very advantageous for irrigation as there are many fruit trees: oranges, plums, pears, avocados, apples etc. At the top of the land there is a water tank and this tank can be extended to make a pool, from this area there is a fantastic sea view. This plot of land is surrounded by nature making it ideal for those looking to live in the the Portuguese countryside. Located just 15 minutes away from the picturesque market town of Monchique, it provides an escape from the busier and more touristy areas of the Algarve and has a number of historic attractions to visit. 15 minutes walk outside the centre of the town brings you to the ruined monastery of Nossa Senhora do Desterro which was destroyed by an earthquake in 1755. There are also two churches to visit, one of which contains some of the 17th century artwork rescued from the ruined monastery. For those also looking to experience the beaches and resorts that the Algarve is famous for, the lovely town of Alvor is only half an hour away and boats a long open beach, rolling sand dunes and a variety of restaurants. Mortgage simulation: Term/ Period — 30 years/ 360 months Purchase Price — 339,000€ Deposit/ Down Payment — 67,800€ (20%) Finance Amount — 271,200€ Interest Rate — 0.873% Monthly Payments — 856.56 € Mortgage simulation: Term/ Period — 40 years/ 480 months Purchase Price — 339,000€ Deposit/ Down Payment — 67,800€ (20%) Finance Amount — 271,200€ Interest Rate — 0.873% Monthly Payments — 669.58€
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