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MAGNIFICENT villa of 300 square meters, under construction, located in the middle of orange groves in the area of Vala in the municipality of Silves
Silves, Faro, Portugal
REF: 616953
€2,450,000
Description
MAGNIFICENT villa of 300 square meters, under construction, located in the middle of orange groves in the area of Vala in the municipality of Silves. This splendid villa has an unobstructed view of the valley, and will offer you four bedrooms and four bathrooms with all the comfort and modernism in adequacy with all the prestige that it is appropriate to him. In terms of features, this property will be equipped with: _ electric floor heating two-sided fireplaces (living room and kitchen) _ electric towel rack _ equipped kitchen (MLL, fridge, microwave, oven, cooktop, hood) _ equipped laundry ( MLR and MSR ) _ air conditioning _ alarm system _ home automation _ automatic irrigation _ heat pump + photovoltaic panels _ barbecue _ heated swimming pool, treatment to be defined (can be adapted to the customer's pretention, salt or chlorine) _ Jacuzzi _ garden (lawn and plantations) _ garage The geographical situation of this villa is ideal, indeed, you will be in the peace, in the middle of the orange groves, while having the advantage of being at only 10 minutes of the trade and of the historical city of Silves, at 15 minutes of the beaches, at 3 kilometers of the Golf of Silves and close to the international schools. The construction of this contemporary villa will start in January 2023 and will be completed by the end of 2023. At IAD, we share the business with any real estate consultant or real estate agency. #ref: 83681
MAGNIFICENT villa of 300 square meters, under construction, located in the middle of orange groves in the area of Vala in the municipality of Silves. This splendid villa has an unobstructed view of the valley, and will offer you four bedrooms and four bathrooms with all the comfort and modernism in adequacy with all the prestige that it is appropriate to him. In terms of features, this property will be equipped with: _ electric floor heating two-sided fireplaces (living room and kitchen) _ electric towel rack _ equipped kitchen (MLL, fridge, microwave, oven, cooktop, hood) _ equipped laundry ( MLR and MSR ) _ air conditioning _ alarm system _ home automation _ automatic irrigation _ heat pump + photovoltaic panels _ barbecue _ heated swimming pool, treatment to be defined (can be adapted to the customer's pretention, salt or chlorine) _ Jacuzzi _ garden (lawn and plantations) _ garage The geographical situation of this villa is ideal, indeed, you will be in the peace, in the middle of the orange groves, while having the advantage of being at only 10 minutes of the trade and of the historical city of Silves, at 15 minutes of the beaches, at 3 kilometers of the Golf of Silves and close to the international schools. The construction of this contemporary villa will start in January 2023 and will be completed by the end of 2023. At IAD, we share the business with any real estate consultant or real estate agency. #ref: 83681
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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 €2,450,000 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 |
|---|---|---|---|
| €2,450,000 | £2,029,360 | £2,105,653 | £76,293 |
| Property Price € | €2,450,000 |
| Minimum cost in the last six months | £2,029,360 |
| Maximum cost in the last six months | £2,105,653 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £76,293 |
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 €2,450,000 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 |
|---|---|---|---|
| €2,450,000 | £2,029,360 | £2,105,653 | £76,293 |
| Property Price € | €2,450,000 |
| Minimum cost in the last six months | £2,029,360 |
| Maximum cost in the last six months | £2,105,653 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £76,293 |
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 £76,293 more.
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