PORTUGAL - ALGARVE - ALGOZ This magnificent T5 property of 309 m² on a plot of 2,560 m², is located in a very quiet residential area, close to the center of Algoz and all services and shops

Silves, Faro, Portugal

For Sale

€849,000

REF: 831121 €849,000


5

4


309 m2

2560 m2

Description

PORTUGAL - ALGARVE - ALGOZ This magnificent T5 property of 309 m² on a plot of 2,560 m², is located in a very quiet residential area, close to the center of Algoz and all services and shops. The property includes a main building, a studio, a huge outdoor space with multiple leisure areas around a large swimming pool of 17 meters by 8, a tennis court and an independent gym of approximately 177 m2 in which it is possible to make 2 bedrooms! The main building in open space and on one level, with an area of 131 m², has several entrances.

It is made up of 3 bedrooms, a lounge area, a reception area, a bar and a huge professional kitchen, a bathroom and WC. The property benefits from plenty of natural light and a warm ambience with double glazing, air conditioning, fireplace and Santa Catarina tiled flooring typical of the Algarve, and underfloor heating.

Adjoining the house there is a splendid, very bright studio with independent entrance which includes a living room with open kitchen, 1 bathroom, 1 storage space and a mezzanine bedroom with access via a wooden staircase. The studio opens onto a large terrace where you can enjoy moments of leisure with family or friends.

The ideal outdoor space for events with friends, family or professionals, with an area of approximately 1500 m² benefiting from a 17 by 8 meter swimming pool, a huge fully furnished solarium area, multiple terraces, a covered lounge , a dining area, two bars, a tennis court. The very well maintained gardens with exotic plants and palm trees have automatic watering.

The property also benefits from guest parking. Exceptional opportunity for this versatile property for sale, ideally designed to accommodate a restaurant or bar with all licenses validated. The Open Space concept offers remarkable flexibility, allowing the creation of multiple activities. Whether you are looking for a primary residence, a vacation home or planning to start your own tourism or sports business, this property meets all your aspirations.

This property offers endless potential. Are you looking for the perfect balance between city life and the pleasures of the beach? Do not search anymore ! This superb property is ideally located just a five minute walk from all amenities and the center of Algoz, where you will find the bustling market, a variety of shops and a multitude of restaurants.

Additionally, the Algarve's dream beaches and renowned golf courses are only a fifteen minute drive away. Don't miss this opportunity to live in the heart of the action while enjoying the region's natural treasures. Contact us now to find out more and plan your visit! #ref: 118907
PORTUGAL - ALGARVE - ALGOZ This magnificent T5 property of 309 m² on a plot of 2,560 m², is located in a very quiet residential area, close to the center of Algoz and all services and shops. The property includes a main building, a studio, a huge outdoor space with multiple leisure areas around a large swimming pool of 17 meters by 8, a tennis court and an independent gym of approximately 177 m2 in which it is possible to make 2 bedrooms! The main building in open space and on one level, with an area of 131 m², has several entrances.

It is made up of 3 bedrooms, a lounge area, a reception area, a bar and a huge professional kitchen, a bathroom and WC. The property benefits from plenty of natural light and a warm ambience with double glazing, air conditioning, fireplace and Santa Catarina tiled flooring typical of the Algarve, and underfloor heating.

Adjoining the house there is a splendid, very bright studio with independent entrance which includes a living room with open kitchen, 1 bathroom, 1 storage space and a mezzanine bedroom with access via a wooden staircase. The studio opens onto a large terrace where you can enjoy moments of leisure with family or friends.

The ideal outdoor space for events with friends, family or professionals, with an area of approximately 1500 m² benefiting from a 17 by 8 meter swimming pool, a huge fully furnished solarium area, multiple terraces, a covered lounge , a dining area, two bars, a tennis court. The very well maintained gardens with exotic plants and palm trees have automatic watering.

The property also benefits from guest parking. Exceptional opportunity for this versatile property for sale, ideally designed to accommodate a restaurant or bar with all licenses validated. The Open Space concept offers remarkable flexibility, allowing the creation of multiple activities. Whether you are looking for a primary residence, a vacation home or planning to start your own tourism or sports business, this property meets all your aspirations.

This property offers endless potential. Are you looking for the perfect balance between city life and the pleasures of the beach? Do not search anymore ! This superb property is ideally located just a five minute walk from all amenities and the center of Algoz, where you will find the bustling market, a variety of shops and a multitude of restaurants.

Additionally, the Algarve's dream beaches and renowned golf courses are only a fifteen minute drive away. Don't miss this opportunity to live in the heart of the action while enjoying the region's natural treasures. Contact us now to find out more and plan your visit! #ref: 118907
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Property on Map

#118907

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 €849,000 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
€849,000 £699,491 £729,673 £30,182
Property Price € €849,000
Minimum cost in the last six months £699,491
Maximum cost in the last six months £729,673
Fluctuating exchange rates over the last six months could have increased the cost of this property by £30,182

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 €849,000 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
€849,000 £699,491 £729,673 £30,182
Property Price € €849,000
Minimum cost in the last six months £699,491
Maximum cost in the last six months £729,673
Fluctuating exchange rates over the last six months could have increased the cost of this property by £30,182

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 £30,182 more.

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