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A new build, characterful three (3+1) bedroom detached home with pool and gardens
Silves, Faro, Portugal, 8365-061
REF: 716283
€830,000
Description
Developed to complement the landscape and local vernacular, this detached three bedroom home is almost complete and will boast a superb level of finish throughout, plus landscaped gardens and a stunning pool. Great attention to detail incorporated in design including cane ceilings, basement parking plus additional space for office, gym, home cinema etc. A great opportunity to purchase an individually designed, three bedroom villa built to exceptional standards on the outskirts of Algoz, central Algarve. Close to all main east / west / north motorway links and lots of local amenities, we believe this villa will make a lovely permanent semi-rural residence or possible holiday let accommodation if licensed.
In the final stages of build, this property will have generous accommodation across three levels. On the first floor will are three bedrooms, of which the principal suite has beautiful countryside views walk-in closet and an open fireplace. The other bedrooms will have access to a family bathroom.
The ground floor is dedicated to comfortable living. A large and bright living €˜ dining room opens onto a dining terrace with the gardens and pool beyond. A separate kitchen, also leading to the garden will be finished to a high standard with integrated appliances. A shower room /powder room will also be located on this level.
In the basement will be a secure garage for four cars alongside, an extra room with natural light and adjacent shower room; potentially usable as a study, gym, storage area or home cinema.
Complementing the local landscape, the house enjoys cool sand-painted elevations, a large flat garden area and gorgeous swimming pool with deck. Inside, this characterful home incorporates cane and beam ceilings on the first floor alongside timber flooring.
Algoz is a growing typical Portuguese village, a few kilometres from Silves and en-route to the Monchique Mountains. It has a good selection of traditional and affordable restaurants, most of which are owned and run by local families. In the village, you will also find all the facilities such as small shops, schools, a daily market, a bank and several supermarkets. Once a month there is the largest market in the centre of the Algarve, where you can find a huge selection of agricultural products from the region. The village is served by public transports, bus and train.
Developed to complement the landscape and local vernacular, this detached three bedroom home is almost complete and will boast a superb level of finish throughout, plus landscaped gardens and a stunning pool. Great attention to detail incorporated in design including cane ceilings, basement parking plus additional space for office, gym, home cinema etc. A great opportunity to purchase an individually designed, three bedroom villa built to exceptional standards on the outskirts of Algoz, central Algarve. Close to all main east / west / north motorway links and lots of local amenities, we believe this villa will make a lovely permanent semi-rural residence or possible holiday let accommodation if licensed.
In the final stages of build, this property will have generous accommodation across three levels. On the first floor will are three bedrooms, of which the principal suite has beautiful countryside views walk-in closet and an open fireplace. The other bedrooms will have access to a family bathroom.
The ground floor is dedicated to comfortable living. A large and bright living €˜ dining room opens onto a dining terrace with the gardens and pool beyond. A separate kitchen, also leading to the garden will be finished to a high standard with integrated appliances. A shower room /powder room will also be located on this level.
In the basement will be a secure garage for four cars alongside, an extra room with natural light and adjacent shower room; potentially usable as a study, gym, storage area or home cinema.
Complementing the local landscape, the house enjoys cool sand-painted elevations, a large flat garden area and gorgeous swimming pool with deck. Inside, this characterful home incorporates cane and beam ceilings on the first floor alongside timber flooring.
Algoz is a growing typical Portuguese village, a few kilometres from Silves and en-route to the Monchique Mountains. It has a good selection of traditional and affordable restaurants, most of which are owned and run by local families. In the village, you will also find all the facilities such as small shops, schools, a daily market, a bank and several supermarkets. Once a month there is the largest market in the centre of the Algarve, where you can find a huge selection of agricultural products from the region. The village is served by public transports, bus and train.
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Currency Exchange
Silves, Faro, Portugal, 8365-061
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 €830,000 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 |
|---|---|---|---|
| €830,000 | £687,497 | £713,344 | £25,846 |
| Property Price € | €830,000 |
| Minimum cost in the last six months | £687,497 |
| Maximum cost in the last six months | £713,344 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,846 |
Silves, Faro, Portugal, 8365-061
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 €830,000 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 |
|---|---|---|---|
| €830,000 | £687,497 | £713,344 | £25,846 |
| Property Price € | €830,000 |
| Minimum cost in the last six months | £687,497 |
| Maximum cost in the last six months | £713,344 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,846 |
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 £25,846 more.
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