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New, under construction T3 apartments situated in a convenient location in Pêra
Silves, Faro, Portugal, 8365-204
REF: 715418
€350,000
Description
A brand new small development of just 17 high specification apartments and a single two storey villa, all with access to a communal pool and decked area. Available on ground, first and second floors, all apartments have at least one underground car parking space, with T3 variants having additional storage space.
A new, small development of high quality apartments in the central Algarve village of Pêra and within 3km of stunning Praia Grande. Designed and built to exceptional standards, these apartments will feature solar water heating, air-conditioning and at least one underground car parking space. A single three bedroom villa will also be available. The entire development is due for completion in Winter 2023. These well specified apartments benefit from three bedrooms, one of which have en-suite facilities and integrated wardrobe storage. Designed to bring the outside inside, most T3 variants enjoy balcony access from all principal rooms ideal for sunbathing and dining. Some apartments also have a separate storage room elsewhere in the building. All apartments have access to a communal pool and deck area.
The lovely old village of Pêra, close to the coast, is a maize of narrow cobbled streets, lined with typical Algarvian houses. Never quite sure where one will end up, but always pleasantly surprised. There has been quite a lot of recent development of villas & apartments on the outskirts of the village.
There are two beautiful churches in the old part, with hundreds of swallows circling them, trying to find the best area under the roof tiles to build their nests.
You can find most things on the main street, such as, daily food market, bank, pharmacy, cafes and restaurants. It leads to the EN125, the old main road running between the East & West of the Algarve. Within a short drive you have, golf, equestrian centres and shows, Zoomarine, Waterparks, beautiful beaches and Algarve Shopping.
A brand new small development of just 17 high specification apartments and a single two storey villa, all with access to a communal pool and decked area. Available on ground, first and second floors, all apartments have at least one underground car parking space, with T3 variants having additional storage space.
A new, small development of high quality apartments in the central Algarve village of Pêra and within 3km of stunning Praia Grande. Designed and built to exceptional standards, these apartments will feature solar water heating, air-conditioning and at least one underground car parking space. A single three bedroom villa will also be available. The entire development is due for completion in Winter 2023. These well specified apartments benefit from three bedrooms, one of which have en-suite facilities and integrated wardrobe storage. Designed to bring the outside inside, most T3 variants enjoy balcony access from all principal rooms ideal for sunbathing and dining. Some apartments also have a separate storage room elsewhere in the building. All apartments have access to a communal pool and deck area.
The lovely old village of Pêra, close to the coast, is a maize of narrow cobbled streets, lined with typical Algarvian houses. Never quite sure where one will end up, but always pleasantly surprised. There has been quite a lot of recent development of villas & apartments on the outskirts of the village.
There are two beautiful churches in the old part, with hundreds of swallows circling them, trying to find the best area under the roof tiles to build their nests.
You can find most things on the main street, such as, daily food market, bank, pharmacy, cafes and restaurants. It leads to the EN125, the old main road running between the East & West of the Algarve. Within a short drive you have, golf, equestrian centres and shows, Zoomarine, Waterparks, beautiful beaches and Algarve Shopping.
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Currency Exchange
Silves, Faro, Portugal, 8365-204
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 €350,000 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 |
|---|---|---|---|
| €350,000 | £293,685 | £301,896 | £8,211 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £293,685 |
| Maximum cost in the last six months | £301,896 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,211 |
Silves, Faro, Portugal, 8365-204
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 €350,000 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 |
|---|---|---|---|
| €350,000 | £293,685 | £301,896 | £8,211 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £293,685 |
| Maximum cost in the last six months | £301,896 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,211 |
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 £8,211 more.
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