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Turnkey new 4 Bedroom Villa, Algoz, Silves
Silves, Faro, Portugal
REF: 891903
€480,000
Description
Located in a prestigious new development in Algoz, consisting of only 7 villas, this contemporary property is perfect for those looking for sustainable living in a fantastic location. Providing excellent quality and with many additional features, this villa is ideal whether you are looking for a rental investment, holiday home or a permanent residence situated in a traditional Portuguese village but within only a short drive to Silves or the stunning beaches of Albufeira. Benefiting from the quietness of village life this property is ideal for those seeking a modern and sustainable home in a prime central location.
Unlike traditional construction methods this property is built with the advanced Light Steel Frame system guaranteeing both durability and stability while offering optimal insulation and a construction time that is significantly reduced to 12 months.
Using high layers of insulating materials and the absence of thermal bridges the non-polluting materials greatly reduce energy consumption, making the property both modern and environmentally friendly.
The villas contemporary architecture beautifully integrates large sliding glass windows allowing you to live "inside-outside" while also bathing the interior in natural light, creating a warm and inviting ambiance while promoting energy efficiency and an enriched living experience.
This villa is perfect for entertaining family and friends, offering both privacy and spaciousness.
It features air conditioning in every room and solar panels for hot water, enhancing energy efficiency. Additionally, there is an option to install underfloor heating across both levels and the possibility of adding a garage or basement for further convenience.
Complete with its own swimming pool, garden and plenty of floor space this property adapts to all the needs of a couple or a family. The ground floor has a large living area incorporating a fully equipped open-plan kitchen.
Algoz, a picturesque town in the Algarve region of southern Portugal, is best known for its serene environment and traditional architecture. With a range of local shops, cafes, and markets, it provides a genuine taste of Portuguese culture while maintaining a tranquil, rural charm. Conveniently located about 40 kilometres from Faro International Airport, Algoz serves as an accessible haven for both residents and tourists exploring the beautiful Algarve.
Located in a prestigious new development in Algoz, consisting of only 7 villas, this contemporary property is perfect for those looking for sustainable living in a fantastic location. Providing excellent quality and with many additional features, this villa is ideal whether you are looking for a rental investment, holiday home or a permanent residence situated in a traditional Portuguese village but within only a short drive to Silves or the stunning beaches of Albufeira. Benefiting from the quietness of village life this property is ideal for those seeking a modern and sustainable home in a prime central location.
Unlike traditional construction methods this property is built with the advanced Light Steel Frame system guaranteeing both durability and stability while offering optimal insulation and a construction time that is significantly reduced to 12 months.
Using high layers of insulating materials and the absence of thermal bridges the non-polluting materials greatly reduce energy consumption, making the property both modern and environmentally friendly.
The villas contemporary architecture beautifully integrates large sliding glass windows allowing you to live "inside-outside" while also bathing the interior in natural light, creating a warm and inviting ambiance while promoting energy efficiency and an enriched living experience.
This villa is perfect for entertaining family and friends, offering both privacy and spaciousness.
It features air conditioning in every room and solar panels for hot water, enhancing energy efficiency. Additionally, there is an option to install underfloor heating across both levels and the possibility of adding a garage or basement for further convenience.
Complete with its own swimming pool, garden and plenty of floor space this property adapts to all the needs of a couple or a family. The ground floor has a large living area incorporating a fully equipped open-plan kitchen.
Algoz, a picturesque town in the Algarve region of southern Portugal, is best known for its serene environment and traditional architecture. With a range of local shops, cafes, and markets, it provides a genuine taste of Portuguese culture while maintaining a tranquil, rural charm. Conveniently located about 40 kilometres from Faro International Airport, Algoz serves as an accessible haven for both residents and tourists exploring the beautiful Algarve.
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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 €480,000 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 |
|---|---|---|---|
| €480,000 | £397,589 | £412,536 | £14,947 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £397,589 |
| Maximum cost in the last six months | £412,536 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,947 |
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 €480,000 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 |
|---|---|---|---|
| €480,000 | £397,589 | £412,536 | £14,947 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £397,589 |
| Maximum cost in the last six months | £412,536 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,947 |
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 £14,947 more.
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