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Living in the countryside with the city and beaches nearby
Silves, Faro, Portugal
REF: 871927
€139,000
Description
This pleasant 2+1 bedroom flat has characteristics that make it very special. It is located in the centre of the village of São Marcos da Serra, a small and charming parish in the municipality of Silves, very picturesque and known for its tranquil atmosphere and natural landscapes, making it a perfect refuge for those seeking the peace and beauty of the Algarve countryside. Located on the first and last floor of a building built in 1956, it is in a good state of repair and could be subject to some conservation and modernisation work, in a building of just 3 units. The property comprises: Entrance hall, two bedrooms, an office, living/dining room, kitchen and a bathroom. It has a private terrace of around 105 m2 and an exclusive patio on the ground floor, where you can have your own private garden. With good sun exposure, east / west. The villa is approximately 30 minutes by car from the beaches of the Algarve coast, offering an ideal balance between the tranquillity of the countryside and the proximity of the coast. It is easily accessible by the National Road 124, which connects the village to other parts of the Algarve and to the A2 motorway. For holidays, permanent living or property investment, this could be your home in the Algarve. Book your visit Carla wood 0351 927816176
This pleasant 2+1 bedroom flat has characteristics that make it very special. It is located in the centre of the village of São Marcos da Serra, a small and charming parish in the municipality of Silves, very picturesque and known for its tranquil atmosphere and natural landscapes, making it a perfect refuge for those seeking the peace and beauty of the Algarve countryside. Located on the first and last floor of a building built in 1956, it is in a good state of repair and could be subject to some conservation and modernisation work, in a building of just 3 units. The property comprises: Entrance hall, two bedrooms, an office, living/dining room, kitchen and a bathroom. It has a private terrace of around 105 m2 and an exclusive patio on the ground floor, where you can have your own private garden. With good sun exposure, east / west. The villa is approximately 30 minutes by car from the beaches of the Algarve coast, offering an ideal balance between the tranquillity of the countryside and the proximity of the coast. It is easily accessible by the National Road 124, which connects the village to other parts of the Algarve and to the A2 motorway. For holidays, permanent living or property investment, this could be your home in the Algarve. Book your visit Carla wood 0351 927816176
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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 €139,000 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 |
|---|---|---|---|
| €139,000 | £115,135 | £119,464 | £4,328 |
| Property Price € | €139,000 |
| Minimum cost in the last six months | £115,135 |
| Maximum cost in the last six months | £119,464 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,328 |
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 €139,000 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 |
|---|---|---|---|
| €139,000 | £115,135 | £119,464 | £4,328 |
| Property Price € | €139,000 |
| Minimum cost in the last six months | £115,135 |
| Maximum cost in the last six months | £119,464 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,328 |
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 £4,328 more.
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