Building land, Silves

Silves, Faro, Portugal

For Sale

€318,450

REF: 871924 €318,450


Description

Building land, Silves Street behind the walls Overlooking Silves Castle Land in the heart of the city of Silves and partial view of Silves Castle, with 1,613 m2. Next to Largo da Ermida dos Mártires, which in turn precedes Largo dos Jardins de Infncia, Secondary School and Basic Schools of this charming city, so visited by tourists.

Urban land with a ruin of 24.68 m2, with the possibility of construction, ground floor plus two floors, facing West/North. The strategic location of this property allows you to travel within 2 minutes on foot, or by bike, to the various public services, such as schools, banks, post office/CTT, supermarkets (Continente, Aldi and LIDL), local market, shops, restaurants, terraces, gym and cultural and leisure spaces, not only facilitating daily life, but also allowing you to enter and leave the city quickly and comfortably.
Building land, Silves Street behind the walls Overlooking Silves Castle Land in the heart of the city of Silves and partial view of Silves Castle, with 1,613 m2. Next to Largo da Ermida dos Mártires, which in turn precedes Largo dos Jardins de Infncia, Secondary School and Basic Schools of this charming city, so visited by tourists.

Urban land with a ruin of 24.68 m2, with the possibility of construction, ground floor plus two floors, facing West/North. The strategic location of this property allows you to travel within 2 minutes on foot, or by bike, to the various public services, such as schools, banks, post office/CTT, supermarkets (Continente, Aldi and LIDL), local market, shops, restaurants, terraces, gym and cultural and leisure spaces, not only facilitating daily life, but also allowing you to enter and leave the city quickly and comfortably.
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Property on Map

#KWPT-004439

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 €318,450 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
€318,450 £263,775 £273,692 £9,917
Property Price € €318,450
Minimum cost in the last six months £263,775
Maximum cost in the last six months £273,692
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,917

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 €318,450 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
€318,450 £263,775 £273,692 £9,917
Property Price € €318,450
Minimum cost in the last six months £263,775
Maximum cost in the last six months £273,692
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,917

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 £9,917 more.

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