A Country Villa Retreat & Business Opportunity - 123ALG

Silves, Faro, Portugal, 8365-086

For Sale

€785,000

REF: 519431 €785,000


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Description

This Country Villa for sale in western Algarve offers 2 cottages, pool, work sheds and a potential Business Opportunity. A Country Villa Retreat & Business Opportunity REF: 123ALG Nestling between avocado, lemon and orange groves, this pair of beautifully presented rural cottages offers both a retreat from the maddening world and a business opportunity.

This country villa for sale in the Western Algarve is located in Ribeira Alta near Algoz, the position is central with beaches and all amenities being within a 15-minute drive. This Villa for sale in Western Algarve is now available for sale at: 785,000 Property 1(Principal House) Energy Rating C Property 2 (Rental Cottage) Energy Rating D Plot size 1632 sq.m Property 1 The hallway opens onto a well-equipped kitchen that has been well-planned and provides ample work surfaces (including an island) and plenty of storage space.

The kitchen leads to a dining room with glazed double doors opening onto a courtyard garden with seating and a barbecue. To the right, the sitting room is spacious and has a wood-burning stove with stairs leading to the first floor. From the sitting room, there is access to a conservatory/relaxation room.

This light and airy space has a feature electric fire. Also on the ground floor, is a bedroom with two single beds and a modern shower room. The first floor has a large double bedroom and fitted wardrobes. From the bedroom, an enclosed sun lounge affords magnificent views over the open countryside.

From here there is access to an open terrace with table and chairs. The bathroom has both a bath and a separate shower. A picture window, strategically placed to enjoy the view while relaxing in the bath, adds a touch of decadence. Property 2 A traditional cottage, having a private entrance, three double bedrooms, 2 bath/shower rooms, a well-fitted kitchen and a split-level dining area with fireplace and a spacious living room that has glazed double doors leading to a terrace with outdoor dining facilities.

The terrace is private and enjoys glorious views over the orchards. At the front of the cottage, there is a swimming pool and a covered seating area with a barbecue. The land lends itself to many uses orchards, or the development of a vegetable plot. A separate entrance and parking have been created for the holiday rental property, allowing the principal house (which has its own entrance) to enjoy privacy. The rental cottage is currently run as a business and benefits year-round occupancy, thus, making it an interesting business proposition. Contact us for more details or to arrange a viewing at this country villa ref: 123ALG
This Country Villa for sale in western Algarve offers 2 cottages, pool, work sheds and a potential Business Opportunity. A Country Villa Retreat & Business Opportunity REF: 123ALG Nestling between avocado, lemon and orange groves, this pair of beautifully presented rural cottages offers both a retreat from the maddening world and a business opportunity.

This country villa for sale in the Western Algarve is located in Ribeira Alta near Algoz, the position is central with beaches and all amenities being within a 15-minute drive. This Villa for sale in Western Algarve is now available for sale at: 785,000 Property 1(Principal House) Energy Rating C Property 2 (Rental Cottage) Energy Rating D Plot size 1632 sq.m Property 1 The hallway opens onto a well-equipped kitchen that has been well-planned and provides ample work surfaces (including an island) and plenty of storage space.

The kitchen leads to a dining room with glazed double doors opening onto a courtyard garden with seating and a barbecue. To the right, the sitting room is spacious and has a wood-burning stove with stairs leading to the first floor. From the sitting room, there is access to a conservatory/relaxation room.

This light and airy space has a feature electric fire. Also on the ground floor, is a bedroom with two single beds and a modern shower room. The first floor has a large double bedroom and fitted wardrobes. From the bedroom, an enclosed sun lounge affords magnificent views over the open countryside.

From here there is access to an open terrace with table and chairs. The bathroom has both a bath and a separate shower. A picture window, strategically placed to enjoy the view while relaxing in the bath, adds a touch of decadence. Property 2 A traditional cottage, having a private entrance, three double bedrooms, 2 bath/shower rooms, a well-fitted kitchen and a split-level dining area with fireplace and a spacious living room that has glazed double doors leading to a terrace with outdoor dining facilities.

The terrace is private and enjoys glorious views over the orchards. At the front of the cottage, there is a swimming pool and a covered seating area with a barbecue. The land lends itself to many uses orchards, or the development of a vegetable plot. A separate entrance and parking have been created for the holiday rental property, allowing the principal house (which has its own entrance) to enjoy privacy. The rental cottage is currently run as a business and benefits year-round occupancy, thus, making it an interesting business proposition. Contact us for more details or to arrange a viewing at this country villa ref: 123ALG
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#123ALG

Currency Exchange

Silves, Faro, Portugal, 8365-086

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 €785,000 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
€785,000 £650,223 £674,668 £24,445
Property Price € €785,000
Minimum cost in the last six months £650,223
Maximum cost in the last six months £674,668
Fluctuating exchange rates over the last six months could have increased the cost of this property by £24,445

Silves, Faro, Portugal, 8365-086

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 €785,000 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
€785,000 £650,223 £674,668 £24,445
Property Price € €785,000
Minimum cost in the last six months £650,223
Maximum cost in the last six months £674,668
Fluctuating exchange rates over the last six months could have increased the cost of this property by £24,445

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 £24,445 more.

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