Building Plot with approved project for 6 Apartments in Silves

Silves, Faro, Portugal, 8300-100

For Sale

€220,000

REF: 855514 €220,000


Description

Plot of land in the urban perimeter of Silves, 10 minutes walk from Silves Castle, close to schools, daycare centers and supermarkets, with 320m2 of area, allowing a maximum deployment of 255m2 and a maximum construction of 750m2 for 6 two-bedroom apartments, in 3 floors and basement for 9 parking spaces. The lot has an approved project including a rooftop pool and one parking space per apartment. It is less than 1 km from the Silves Municipal Market, 20 km from Praia da Rocha in Portimão and 14 km from Praia do Carvoeiro and around 60 km from Faro International Airport. Features: - Living area -750 sq.m - Gross built area 750 sq.m - Implantation area 255 sq.m - Plot size 320 sq.m Call us for more information. BALSA INVEST. Reliable Businesses. --- Nota: As imagens 3D são apenas ilustrativas, não são contratuais.
Plot of land in the urban perimeter of Silves, 10 minutes walk from Silves Castle, close to schools, daycare centers and supermarkets, with 320m2 of area, allowing a maximum deployment of 255m2 and a maximum construction of 750m2 for 6 two-bedroom apartments, in 3 floors and basement for 9 parking spaces. The lot has an approved project including a rooftop pool and one parking space per apartment. It is less than 1 km from the Silves Municipal Market, 20 km from Praia da Rocha in Portimão and 14 km from Praia do Carvoeiro and around 60 km from Faro International Airport. Features: - Living area -750 sq.m - Gross built area 750 sq.m - Implantation area 255 sq.m - Plot size 320 sq.m Call us for more information. BALSA INVEST. Reliable Businesses. --- Nota: As imagens 3D são apenas ilustrativas, não são contratuais.
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Property on Map

#BVI-B1478

Currency Exchange

Silves, Faro, Portugal, 8300-100

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 €220,000 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
€220,000 £182,228 £189,079 £6,851
Property Price € €220,000
Minimum cost in the last six months £182,228
Maximum cost in the last six months £189,079
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,851

Silves, Faro, Portugal, 8300-100

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 €220,000 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
€220,000 £182,228 £189,079 £6,851
Property Price € €220,000
Minimum cost in the last six months £182,228
Maximum cost in the last six months £189,079
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,851

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 £6,851 more.

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