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6 Bedroom Villa For Sale in Silves
Silves, Faro, Portugal, 8300-040
REF: 751611
€630,000
Description
This six bedroom villa for sale is located in Silves, just a 10 minute walking distance from the city s centre. Currently being completely renovated, this villa comprises three independent properties that could be shared with family or rented out for an additional income. The first property is a two storey townhouse and consists of an open plan living / dining room, a kitchen area, four bedrooms, three being with en-suite bathrooms, plus an extra bathroom. Sharing the same entry point, the s.. This six bedroom villa for sale is located in Silves, just a 10 minute walking distance from the city s centre. Currently being completely renovated, this villa comprises three independent properties that could be shared with family or rented out for an additional income.
The first property is a two storey townhouse and consists of an open plan living / dining room, a kitchen area, four bedrooms, three being with en-suite bathrooms, plus an extra bathroom. Sharing the same entry point, the second property is on the ground floor and consists of two bedrooms, one bathroom and an open plan kitchen and living / dining room. There s also two patios on this floor, which can be shared, since it s accessible from both properties.
On the first floor, the third property is a studio apartment, with a kitchenette and a bathroom. There s also a spacious terrace facing the front of the property with countryside views. Upstairs, the large rooftop terrace offers incredible 360 views of the mountains, the city and the castle in Silves, plus it also has the structure for building a swimming pool and a BBQ.
As the villa is undergoing the final stages of the renovations, there is the opportunity for you to choose every finishing and details to design your dream home.
Additional features include: double glazed windows, fitted wardrobes and pre-installation for air-conditioning and solar panels on the terrace.
Within a two minute drive from the historic city s centre, this property has the benefit of being located in a calm neighbourhood, surrounded by nature whilst still being to all sorts of amenities. Silves is one of the oldest towns in central Algarve, with its rich history, built on the banks of the River Arade.
This six bedroom villa for sale is located in Silves, just a 10 minute walking distance from the city s centre. Currently being completely renovated, this villa comprises three independent properties that could be shared with family or rented out for an additional income. The first property is a two storey townhouse and consists of an open plan living / dining room, a kitchen area, four bedrooms, three being with en-suite bathrooms, plus an extra bathroom. Sharing the same entry point, the s.. This six bedroom villa for sale is located in Silves, just a 10 minute walking distance from the city s centre. Currently being completely renovated, this villa comprises three independent properties that could be shared with family or rented out for an additional income.
The first property is a two storey townhouse and consists of an open plan living / dining room, a kitchen area, four bedrooms, three being with en-suite bathrooms, plus an extra bathroom. Sharing the same entry point, the second property is on the ground floor and consists of two bedrooms, one bathroom and an open plan kitchen and living / dining room. There s also two patios on this floor, which can be shared, since it s accessible from both properties.
On the first floor, the third property is a studio apartment, with a kitchenette and a bathroom. There s also a spacious terrace facing the front of the property with countryside views. Upstairs, the large rooftop terrace offers incredible 360 views of the mountains, the city and the castle in Silves, plus it also has the structure for building a swimming pool and a BBQ.
As the villa is undergoing the final stages of the renovations, there is the opportunity for you to choose every finishing and details to design your dream home.
Additional features include: double glazed windows, fitted wardrobes and pre-installation for air-conditioning and solar panels on the terrace.
Within a two minute drive from the historic city s centre, this property has the benefit of being located in a calm neighbourhood, surrounded by nature whilst still being to all sorts of amenities. Silves is one of the oldest towns in central Algarve, with its rich history, built on the banks of the River Arade.
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Currency Exchange
Silves, Faro, Portugal, 8300-040
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 €630,000 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 |
|---|---|---|---|
| €630,000 | £519,057 | £541,454 | £22,397 |
| Property Price € | €630,000 |
| Minimum cost in the last six months | £519,057 |
| Maximum cost in the last six months | £541,454 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,397 |
Silves, Faro, Portugal, 8300-040
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 €630,000 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 |
|---|---|---|---|
| €630,000 | £519,057 | £541,454 | £22,397 |
| Property Price € | €630,000 |
| Minimum cost in the last six months | £519,057 |
| Maximum cost in the last six months | £541,454 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,397 |
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 £22,397 more.
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