Complete Monchique Real Estate Guide

Situated in between the fabulous Algarve and the sublime countryside of the Alentejo, Monchique is a place of splendid beauty. Famous for its beautiful landscapes, rich culture, and thermal baths, this is an excellent place to consider buying a property in Portugal. Surrounded by the breathtaking Serra de Monchique, the village of Monchique offers a very peaceful, calm environment. Yes, if you are looking to fully relax in Portugal — and you are a nature lover  — then Monchique should be on your radar. You can reach the village in just one hour from Faro Airport, providing avid travelers with international links. In this Monchique real estate guide, we’ll provide you with everything that you will need to know about this lovely part of Portugal.

In this article we’ll cover the following:

    • Buying a house in Monchique
    • Why buy a house in Monchique
    • What to consider when buying a house in Monchique
    • Things to do in Monchique
    • Plus much more!

 

Buying a house in Monchique

For nature lovers, Monchique is for you. All you need is a fully equipped property (and you’ll find plenty) and you can enjoy the sublime landscapes to the fullest. From easy to challenging walks in the mountains and the local area, it is the perfect place to stay fit and healthy. There is also the possibility to bike around if this is a passion of yours. What’s more, the climate of Portugal makes it possible to venture outdoors for pretty much the whole year. 

 

Why buy a house in Monchique

If you are looking to find your dream home in Monchique, the property market here will leave you spoilt for choice. With stunning panoramic views of the beautiful landscapes, this is an outstanding place to live. In this part of our Monchique real estate guide, we’ll give you the lowdown on some of the key reasons to consider this part of Portugal.  

Types of properties

Yes, first and foremost there are a lot of choices when it comes to types of property in Monchique. You can choose from luxury homes with scenic views, to country homes with lovely gardens. Aside from this, there are townhouses, retreats, and villas on offer. Indeed, as we mentioned previously, you will be spoilt for choice. 

Pleasant Weather

The climate is a big winner for residents of Monchique. The climate is mild and warm, with some seasonal extremes. You’ll be able to avoid a harsh winter and enjoy sunshine-filled days for much of the year. Indeed, this is a big factor in why people want to move to the region. 

Proximity to the big cities

Even though Monchique is tucked away in nature, it is still very easy to get to the big cities in the Algarve. Albufeira, Faro, and Portimão are each relatively close at hand and can be reached in one hour or so. You can easily plan weekends in close-by cities to get the city/nature balance just right for you. 

Getting residency and citizenship

Monchique is set to increase in popularity as it is one of the few locations in the southern part of the country where residential properties still qualify for the Portugal Golden, following the changes that came into force on 1 January 2022 that made it only possible to invest in residential real estate in interior regions of the country. With an investment starting from €280K, if you opt to invest in a real estate rehabilitation project in a “low density” area, you can be on your way to Portuguese residency, with the possibility of citizenship after five years. 

See more about the Portugal Golden Visa here in our step-by-step guide here.

See more about Portugal Golden Visa property and which real estate qualifies here.

See more about your Golden Visa options to invest in residential real estate here and to understand the differences between interior and low-density areas. 

What to consider when buying a house in Monchique

As with any property, there are some important things that you will need to be aware of before purchasing a home in Monchique and signing any documents. In this part of our Monchique real estate guide, we’ll provide you with some of the most important things to bear in mind. 

Neighborhood

When you are looking for a new home, it is very important that you can actually envisage yourself living in the area. Check if there are schools close at hand if you are moving with a family. Are there healthcare facilities nearby? Also, a recommendation from us is to visit the neighborhood before, both in the daytime and in the evening as places can have very different feels to them depending on the time of day you visit. 

Property analysis

With any property that you purchase, it is fundamental to conduct a thorough and complete analysis of the home. Review all the documentation, and inspect every single part of the property on the interior and the exterior. Write down any potential maintenance issues that you see as this will assist you in calculating a ballpoint figure as to the cost of the repairs and ongoing issues that will need to be fixed at some point in the future.

Paperwork

You will need to have all the paperwork in order when purchasing a property. This is essential as one missing document can lead to significant issues further down the line. Check for any red flags or indications that it may not be all it seems, such as legal disputes. To make sure everything is in order it is a good idea to seek professional help in this regard. 

Things to do in Monchique

For nature lovers, there is much to do in Monchique. In this section of our Monchique real estate guide, we’ll delve into some of our favorite things to do. 

  • Hiking: Yes, Monchique is probably in the running as having some of the best hikes in the country. Plan one at Caldas de Monchique, which is a beautiful, small thermal bath that is surrounded by magical wooded valley slopes. From old villas to shady places to shelter a little from the sun, this is a very special place in the country to reconnect with nature. 
  • Golf: The Algarve, and Portugal in general, is very well known for its world-class golf courses. For golf, it will be difficult to find a more difficult place to play golf as this quaint Portuguese town has some of the best golf courses close by.
  • Visit the Caldas de Monte Chico: This ancient Roman spa town has natural springs that have been rejuvenating people for thousands of years. 
  • Try Piri Piri chicken: This spectacular and simple dish has gone on to conquer the world, with more and more people discovering it every year. A barbecued chicken served with a spicy sauce, fries, and a salad. Sound very simple, but do not knock it until you have tried it. Monchique is famous for its local restaurants where you can try this dish. We reckon that you will soon be heading back for more. 
  • History lovers will delight in visiting the Castelo de Silves. With its impressive architecture, this castle is spectacular. Build-in between the 9th and 12 centuries, this is a great place for a day trip.

 

Conclusion

Nature lovers perhaps do not need to look any further, as the hiking activities and good weather will keep you more than satisfied. If you are looking for an authentic Portuguse lifestyle then Monchique is one of the top spots in the country to consider. 

 

How we can help

Global Citizen Solutions is a boutique residency and citizenship by investment company, focused on finding the right investment, citizenship, or residency program for individuals across the world. We work solely on behalf of our clients throughout the process for an easy and hassle-free journey to your desired route. 

With offices worldwide and an experienced, hands-on team, get in touch today to see how we can understand your objectives and help you move towards becoming a global citizen.

The following articles may be useful to you: 

This is just a brief introduction to property in Sagres. If you are looking for a property in Monchique, or Portugal real estate in general, you can get in touch with one of our team at Goldcrest, our real estate division, who will be able to discuss your options for buying property in this spectacular part of Portugal. 

Last year Goldcrest launched their new e-book on how to buy property in Portugal which will be useful to you if you are looking to buy a house in the country. You can order your copy here. There are many great locations to buy property in the sunny south of Portugal,  – for example real estate in Portimao, Albufeira, and Faro Portugal real estate, to name a few. The book provides an easy guide to buying property in Portugal, including navigating taxes, bureaucracy, finding a mortgage, and retiring to Portugal, amongst other important information.