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If you're looking for a haven with an unrivalled quality of life, in a healthy, calm and private environment, this is the property for you
Silves, Faro, Portugal
REF: 780529
€630,000
Description
If you're looking for a haven with an unrivalled quality of life, in a healthy, calm and private environment, this is the property for you. The house under reconstruction, with an area of up to 300 m2, the current owners have tried to use and keep the old materials, recovering the walls, adapting and fitting it into its environment, while making it totally sustainable in energy terms. Set in a unique and paradisiacal landscape, with the Fennel dam as a backdrop, allowing it to be used for water sports and its own "private pool". Different trees, pines and strawberry trees among others, make up the rustic part with a total area of 31960 m2, giving free rein to your imagination to constitute your tourist and commercial space, complementing it with different accommodation that must be framed from an environmental point of view. Situated in the parish of São Bartolomeu de Messines, about 15 minutes away by car, which is a town in the municipality of Silves, a parish with an area of 246.41 km² and 8157 inhabitants, it has a population density of 33.1 inhabitants/km², which means it can be classified as a low-density area. Choose IAD for Your Real Estate Journey. By choosing an IAD consultant you will benefit from the support of the largest network of independent property consultants in Portugal. IAD is a network of estate agents based on an innovative model that values the close relationship between the estate agent and the client. The success of the IAD group is evident in the thousands of consultants, online adverts and successful transactions. Count on us to make your dream of owning this incredible property in Barragem do funcho, parish of São Bartolomeu de Messines and municipality of Silves, come true. Don't miss out on this unique opportunity! Book your visit now and turn this property into your new haven in the Algarve. Contact us today for more information and to explore this exceptional offer. #ref: 111036
If you're looking for a haven with an unrivalled quality of life, in a healthy, calm and private environment, this is the property for you. The house under reconstruction, with an area of up to 300 m2, the current owners have tried to use and keep the old materials, recovering the walls, adapting and fitting it into its environment, while making it totally sustainable in energy terms. Set in a unique and paradisiacal landscape, with the Fennel dam as a backdrop, allowing it to be used for water sports and its own "private pool". Different trees, pines and strawberry trees among others, make up the rustic part with a total area of 31960 m2, giving free rein to your imagination to constitute your tourist and commercial space, complementing it with different accommodation that must be framed from an environmental point of view. Situated in the parish of São Bartolomeu de Messines, about 15 minutes away by car, which is a town in the municipality of Silves, a parish with an area of 246.41 km² and 8157 inhabitants, it has a population density of 33.1 inhabitants/km², which means it can be classified as a low-density area. Choose IAD for Your Real Estate Journey. By choosing an IAD consultant you will benefit from the support of the largest network of independent property consultants in Portugal. IAD is a network of estate agents based on an innovative model that values the close relationship between the estate agent and the client. The success of the IAD group is evident in the thousands of consultants, online adverts and successful transactions. Count on us to make your dream of owning this incredible property in Barragem do funcho, parish of São Bartolomeu de Messines and municipality of Silves, come true. Don't miss out on this unique opportunity! Book your visit now and turn this property into your new haven in the Algarve. Contact us today for more information and to explore this exceptional offer. #ref: 111036
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Currency Exchange
Silves, Faro, Portugal
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
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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