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Luxury townhouses with private pool on renowned golf course
Silves, Faro, Portugal, 8300-043
REF: 698918
€425,000
Description
2 Bedroom townhouses with private pool under construction on Silves Golf Resort, with views over the green. One floor only, comprising 2 en-suite bedrooms, 1 toilet, lounge and fully equipped kitchen.
With high quality communal and in-resort facilities including pool, gym, spa, clubhouse, club shop and access to the well-respected course, this brand-new townhouse will be ideal as a second home or as a lucrative golf and leisure resort investment.
The resort itself has been designed to follow the natural topography of the land and maximise the views across the lakes to the Vila Fria valley and Monchique Mountains.
The delightful medieval city of Silves and the main east west Algarve motorway is a few minutes drive away, and Faro international airport is around 40 minutes distant. Silves was the Moorish capital of the Algarve with it's historic castle still standing proud on the inland hillside with its river below surrounded by countless fruit trees. This is a very scenic area and it's river meanders all the way to the coast by Portimão.
2 Bedroom townhouses with private pool under construction on Silves Golf Resort, with views over the green. One floor only, comprising 2 en-suite bedrooms, 1 toilet, lounge and fully equipped kitchen.
With high quality communal and in-resort facilities including pool, gym, spa, clubhouse, club shop and access to the well-respected course, this brand-new townhouse will be ideal as a second home or as a lucrative golf and leisure resort investment.
The resort itself has been designed to follow the natural topography of the land and maximise the views across the lakes to the Vila Fria valley and Monchique Mountains.
The delightful medieval city of Silves and the main east west Algarve motorway is a few minutes drive away, and Faro international airport is around 40 minutes distant. Silves was the Moorish capital of the Algarve with it's historic castle still standing proud on the inland hillside with its river below surrounded by countless fruit trees. This is a very scenic area and it's river meanders all the way to the coast by Portimão.
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Currency Exchange
Silves, Faro, Portugal, 8300-043
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 €425,000 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 |
|---|---|---|---|
| €425,000 | £350,158 | £365,266 | £15,109 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £350,158 |
| Maximum cost in the last six months | £365,266 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,109 |
Silves, Faro, Portugal, 8300-043
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 €425,000 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 |
|---|---|---|---|
| €425,000 | £350,158 | £365,266 | £15,109 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £350,158 |
| Maximum cost in the last six months | £365,266 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,109 |
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 £15,109 more.
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