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Traditional attached farmhouse with large plot close to Algoz
Silves, Faro, Portugal
REF: 812840
€490,000
Description
Traditional three bedroom farmhouse set within a 9.200m2 plot of land, located in a quiet area with easy access. Excellent opportunity. Welcome to this serene countryside retreat, just a short drive from the market town of Algoz with several restaurants, cafés, supermarkets, train station and bus connections . This updated farmhouse exudes traditional charm while offering modern comfort on a 9,200 m2 flat plot.
There is a spacious living room adorned with a beautiful wood-burning stove, perfect for unwinding on chilly evenings. There is a fully equipped kitchen and three bedrooms pfrom which one has a private ensuite shower room. The storage room could easily be transformed into a small office to suit your needs.
Outside, the expansive grounds boast a veritable orchard of fruit trees and grapevines, alongside essential features such as a cistern and borehole. Entertain friends and family in style at the BBQ area, or envision lazy afternoons.
Nestled in a tranquil corner with easy access, and with the possibility to build a swimming pool, this property offers the perfect blend of rural tranquility and urban convenience. Don't miss out on this exceptional opportunity to embrace countryside living at its finest. 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.
Traditional three bedroom farmhouse set within a 9.200m2 plot of land, located in a quiet area with easy access. Excellent opportunity. Welcome to this serene countryside retreat, just a short drive from the market town of Algoz with several restaurants, cafés, supermarkets, train station and bus connections . This updated farmhouse exudes traditional charm while offering modern comfort on a 9,200 m2 flat plot.
There is a spacious living room adorned with a beautiful wood-burning stove, perfect for unwinding on chilly evenings. There is a fully equipped kitchen and three bedrooms pfrom which one has a private ensuite shower room. The storage room could easily be transformed into a small office to suit your needs.
Outside, the expansive grounds boast a veritable orchard of fruit trees and grapevines, alongside essential features such as a cistern and borehole. Entertain friends and family in style at the BBQ area, or envision lazy afternoons.
Nestled in a tranquil corner with easy access, and with the possibility to build a swimming pool, this property offers the perfect blend of rural tranquility and urban convenience. Don't miss out on this exceptional opportunity to embrace countryside living at its finest. 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
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 €490,000 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 |
|---|---|---|---|
| €490,000 | £403,711 | £421,131 | £17,420 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £403,711 |
| Maximum cost in the last six months | £421,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,420 |
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 €490,000 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 |
|---|---|---|---|
| €490,000 | £403,711 | £421,131 | £17,420 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £403,711 |
| Maximum cost in the last six months | £421,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,420 |
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 £17,420 more.
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