Fully renovated single storey house in the Algarve mountains - In São Marcos da Serra

Silves, Faro, Portugal, 8375-201

For Sale

€495,000

REF: 722583 €495,000


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Description

House in the heart of the Algarve mountains, completely renovated with great taste, preserving all the traditional Algarvian features, with enormous potential for future local accommodation.This property has been transformed into 2 independent T2 houses on an urban plot of 920m , situated on a land of 38,860m where there is a water well, and a "Barragem" water reservoir.One house consists of a fully equipped kitchen, including a traditional oven, a living room, two bedrooms (one of them is a suite), a complete social bathroom, and a room distributing the living spaces.The second house is composed of a fully equipped kitchen in an open space with the living room, two bedrooms, a pantry, and a complete bathroom.Both houses are equipped with air conditioning and solar panels.

The property also includes an agricultural outbuilding that can be transformed into a garage or even another house.The property features an incredible outdoor barbecue area, where you can enjoy amazing moments with family and friends by the pool.Schedule your visit and come see the house of your dreams.Additionally, we offer a banking financing service through the real estate agency Keller Williams Flash Algarve, with personal and free assistance to help clients throughout the Credit for Housing process up to the deed.Working in collaboration, we share the business fairly, 50/50 with all intermediaries authorized and licensed by AMI, ensuring an even better quality service for our clients.If you are interested in this property or want to know more about our services, please contact the Balões e Sugestões Team to schedule a visit and get more information about the property and the available financing options.We are ready to help you achieve your real estate goals.We are here to help you find the home of your dreams and provide a quality service.
House in the heart of the Algarve mountains, completely renovated with great taste, preserving all the traditional Algarvian features, with enormous potential for future local accommodation.This property has been transformed into 2 independent T2 houses on an urban plot of 920m , situated on a land of 38,860m where there is a water well, and a "Barragem" water reservoir.One house consists of a fully equipped kitchen, including a traditional oven, a living room, two bedrooms (one of them is a suite), a complete social bathroom, and a room distributing the living spaces.The second house is composed of a fully equipped kitchen in an open space with the living room, two bedrooms, a pantry, and a complete bathroom.Both houses are equipped with air conditioning and solar panels.

The property also includes an agricultural outbuilding that can be transformed into a garage or even another house.The property features an incredible outdoor barbecue area, where you can enjoy amazing moments with family and friends by the pool.Schedule your visit and come see the house of your dreams.Additionally, we offer a banking financing service through the real estate agency Keller Williams Flash Algarve, with personal and free assistance to help clients throughout the Credit for Housing process up to the deed.Working in collaboration, we share the business fairly, 50/50 with all intermediaries authorized and licensed by AMI, ensuring an even better quality service for our clients.If you are interested in this property or want to know more about our services, please contact the Balões e Sugestões Team to schedule a visit and get more information about the property and the available financing options.We are ready to help you achieve your real estate goals.We are here to help you find the home of your dreams and provide a quality service.
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Property on Map

#2276-1039

Currency Exchange

Silves, Faro, Portugal, 8375-201

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 €495,000 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
€495,000 £415,355 £426,967 £11,613
Property Price € €495,000
Minimum cost in the last six months £415,355
Maximum cost in the last six months £426,967
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,613

Silves, Faro, Portugal, 8375-201

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 €495,000 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
€495,000 £415,355 £426,967 £11,613
Property Price € €495,000
Minimum cost in the last six months £415,355
Maximum cost in the last six months £426,967
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,613

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 £11,613 more.

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