2 Bedroom Townhouse For Sale in Silves

Silves, Faro, Portugal, 8300-043

For Sale

€425,000

REF: 751535 €425,000


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Description

A stunning two bedroom townhouse for sale in Silves, situated within the Central Algarve this property would make a fantastic investment if you are wanting to relocate to Portugal permanently, purchase a holiday home in the sun or even use it as a way to generate additional income through holiday rentals in the Algarve.

As the property is situated close to a renowned golf course, any golfers looking to book a holiday in the Algarve tend to choose properties close to where they play. Currently .. A contemporary two bedroom townhouse for sale in Silves, situated within a private condominium just five kilometres from the beautiful city of Lagoa and its stunning beach.

Currently under construction, this townhouse will be spread across two floors with the ground floor comprising a spacious open plan living room and dining area with a fully fitted kitchen just off to the side. The kitchen will be equipped with top of the range appliances and will provide a fantastic space if you love to whip up a home cooked meal.

On the lower level there will also be a guest bathroom for whenever friends and family come to visit. Upstairs, there will be two bedrooms, both equipped with their own en-suite bathrooms for convenience along with fitted wardrobes and direct access to the private terraces. The golf course this property is situated on is for players with low handicaps potentially finding it a serious challenge to come in under par however, high handicaps with concentration) will be able to enjoy their round.

Most holes offer spectacular mountain views overlooking palm trees and olive groves, the surrounding cork and citrus farms generate a true feeling of authentic portuguese golf. The condominium itself will be surrounded by a lovely garden and very well presented offering a communal pool and a clubhouse, where you can relax after the golf challenges. Very well located this property is close to all local amenities such as supermarkets and cafes and in only fifteen minutes you can find yourself on Praia da Lagoa, a stunning golden beach, as well as Silves Golf Course and an international school if you are looking to relocate the whole family to the Algarve. Whether you are wanting to enjoy a peaceful holiday in the sun while still being close to a major town or city, this property is a fantastic investment especially as Silves is popular with holidaymakers, enabling you to generate an additional income through holiday rentals or short term lets in Portugal.

Silves is one of the oldest towns in central Algarve, with its rich history, built on the banks of the River Arade. The river represented an important historic time as it was the main link between the hinterland and the coast.
A stunning two bedroom townhouse for sale in Silves, situated within the Central Algarve this property would make a fantastic investment if you are wanting to relocate to Portugal permanently, purchase a holiday home in the sun or even use it as a way to generate additional income through holiday rentals in the Algarve.

As the property is situated close to a renowned golf course, any golfers looking to book a holiday in the Algarve tend to choose properties close to where they play. Currently .. A contemporary two bedroom townhouse for sale in Silves, situated within a private condominium just five kilometres from the beautiful city of Lagoa and its stunning beach.

Currently under construction, this townhouse will be spread across two floors with the ground floor comprising a spacious open plan living room and dining area with a fully fitted kitchen just off to the side. The kitchen will be equipped with top of the range appliances and will provide a fantastic space if you love to whip up a home cooked meal.

On the lower level there will also be a guest bathroom for whenever friends and family come to visit. Upstairs, there will be two bedrooms, both equipped with their own en-suite bathrooms for convenience along with fitted wardrobes and direct access to the private terraces. The golf course this property is situated on is for players with low handicaps potentially finding it a serious challenge to come in under par however, high handicaps with concentration) will be able to enjoy their round.

Most holes offer spectacular mountain views overlooking palm trees and olive groves, the surrounding cork and citrus farms generate a true feeling of authentic portuguese golf. The condominium itself will be surrounded by a lovely garden and very well presented offering a communal pool and a clubhouse, where you can relax after the golf challenges. Very well located this property is close to all local amenities such as supermarkets and cafes and in only fifteen minutes you can find yourself on Praia da Lagoa, a stunning golden beach, as well as Silves Golf Course and an international school if you are looking to relocate the whole family to the Algarve. Whether you are wanting to enjoy a peaceful holiday in the sun while still being close to a major town or city, this property is a fantastic investment especially as Silves is popular with holidaymakers, enabling you to generate an additional income through holiday rentals or short term lets in Portugal.

Silves is one of the oldest towns in central Algarve, with its rich history, built on the banks of the River Arade. The river represented an important historic time as it was the main link between the hinterland and the coast.
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Property on Map

#IDH32150

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 £352,032 £365,266 £13,235
Property Price € €425,000
Minimum cost in the last six months £352,032
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 £13,235

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 £352,032 £365,266 £13,235
Property Price € €425,000
Minimum cost in the last six months £352,032
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 £13,235

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 £13,235 more.

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