Search
Plot of 28
Silves, Faro, Portugal
REF: 504600
€119,000
Description
Plot of 28.440 sq. m. with a semi-detached ruin on one side, with project to build a villa with 292 sq. m. of Implantation, in the approval stage. Located in Vale Pereirinho, in the parish of São Marcos da Serra, just 25 minutes from the beautiful beaches of Albufeira, 30 minutes from the mythical city of Silves and 45 minutes from Faro Airport. The plot has some slope, which gives it a bucolic charm and wonderful views to the mountain, with good disposition for construction of a 3 bedroom villa with basement, on the upper part of it. Taking advantage of the plot in a bold and creative way, ramps and landings were made, following the architectural model of the space. All the water and electricity infrastructures are already prepared and the project is at the City Hall for approval. There is a borehole and dam, so it has abundant water. The area is very quiet and surrounded by green spaces. São Marcos da Serra is a parish in the municipality of Silves, Algarve, with an area of 154.90 km² and a population of 1 352 inhabitants (2011). Its population density is 8,7 inhabitants/km². It has as its patrimony : São Marcos Parish Church House with a 17th century Algarvian chimney Place of the apparitions of Our Lady of Kindness Palácio do Trigo - Historical building and a restaurant in the locality iad is a digital real estate society and has no offices, which makes it easier to move towards you and deliver the best service wherever you may be, based on the values of professionalism and transparency. As an independent real estate agent, I am free to manage my own schedule and to negotiate with you my fee, while ensuring personalised assistance during all stages of the process and delivering quality service at the best possible price. At IAD we provide our clients with personalised assistance throughout the process of buying or selling a property. If you need financing, we have protocols with financing companies that will be able to find the most economical solution for you. #ref: 70829
Plot of 28.440 sq. m. with a semi-detached ruin on one side, with project to build a villa with 292 sq. m. of Implantation, in the approval stage. Located in Vale Pereirinho, in the parish of São Marcos da Serra, just 25 minutes from the beautiful beaches of Albufeira, 30 minutes from the mythical city of Silves and 45 minutes from Faro Airport. The plot has some slope, which gives it a bucolic charm and wonderful views to the mountain, with good disposition for construction of a 3 bedroom villa with basement, on the upper part of it. Taking advantage of the plot in a bold and creative way, ramps and landings were made, following the architectural model of the space. All the water and electricity infrastructures are already prepared and the project is at the City Hall for approval. There is a borehole and dam, so it has abundant water. The area is very quiet and surrounded by green spaces. São Marcos da Serra is a parish in the municipality of Silves, Algarve, with an area of 154.90 km² and a population of 1 352 inhabitants (2011). Its population density is 8,7 inhabitants/km². It has as its patrimony : São Marcos Parish Church House with a 17th century Algarvian chimney Place of the apparitions of Our Lady of Kindness Palácio do Trigo - Historical building and a restaurant in the locality iad is a digital real estate society and has no offices, which makes it easier to move towards you and deliver the best service wherever you may be, based on the values of professionalism and transparency. As an independent real estate agent, I am free to manage my own schedule and to negotiate with you my fee, while ensuring personalised assistance during all stages of the process and delivering quality service at the best possible price. At IAD we provide our clients with personalised assistance throughout the process of buying or selling a property. If you need financing, we have protocols with financing companies that will be able to find the most economical solution for you. #ref: 70829
Read More
Property on Map
Currency Exchange
Silves, 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 €119,000 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 |
|---|---|---|---|
| €119,000 | £98,569 | £102,275 | £3,706 |
| Property Price € | €119,000 |
| Minimum cost in the last six months | £98,569 |
| Maximum cost in the last six months | £102,275 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,706 |
Silves, 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 €119,000 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 |
|---|---|---|---|
| €119,000 | £98,569 | £102,275 | £3,706 |
| Property Price € | €119,000 |
| Minimum cost in the last six months | £98,569 |
| Maximum cost in the last six months | £102,275 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,706 |
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 £3,706 more.
Search popular regions
Useful links
Hi {{firstName}},
Enquire about this property
Make an Enquiry on this property
No Yes
No Yes
I agree to be connected with a trusted property agent who will receive
these details.
We handle your data with care and only ever as outlined in our
Privacy Policy
Thank you for your
enquiry!
Our partner agent will be in touch with you shortly.
Our partner agent will be in touch with you shortly.
Enquire about this property
No
Yes
No
Yes
I agree to be connected with the property agent for more detail on this
listing.
We handle your data with care and only ever as outlined in our
Privacy Policy
