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Nestling in the heart of an exceptional 11,690 m² estate, enclosed and planted with trees, this contemporary 276 m² villa overlooks the picturesque Algoz countryside and offers panoramic views, while being just 12 minutes from Praia da Galé and 4 minutes from Guia
Silves, Faro, Portugal
REF: 893874
€1,980,000
Description
Nestling in the heart of an exceptional 11,690 m² estate, enclosed and planted with trees, this contemporary 276 m² villa overlooks the picturesque Algoz countryside and offers panoramic views, while being just 12 minutes from Praia da Galé and 4 minutes from Guia. The property features ground-level access, including an entrance hall with a patio that lets in natural light. There is also a living room and a large semi-open-plan kitchen, as well as a cellar and a laundry room. All opening onto a large, pleasant, light-filled terrace with barbecue area, illuminated swimming pool with waterfall and jacuzzi. The property also includes five bedrooms, three of which have en suite bathrooms, as well as an independent bathroom and a bedroom converted into a study. The villa has a large basement with three separate areas that could be converted into a sports room, cinema room or flat. There is also a large garage for four cars and an integrated utility room. Built using carefully selected, top-of-the-range materials. It offers a host of comfort features, including underfloor heating, air conditioning, solar panels and high-quality thermal insulation. Its energy efficiency is recognised by Class A certification. Outside, the site includes a covered car park, an enclosed garden area and a paddock with a variety of animals including peacocks, ducks and geese. The garden benefits from automatic lighting and watering, with an electric gate, borehole and mains water connection. Don't miss this rare opportunity on the market. Contact us to arrange a viewing and let yourself be seduced by this charming house. You're sure to fall in love! #ref: 128146
Nestling in the heart of an exceptional 11,690 m² estate, enclosed and planted with trees, this contemporary 276 m² villa overlooks the picturesque Algoz countryside and offers panoramic views, while being just 12 minutes from Praia da Galé and 4 minutes from Guia. The property features ground-level access, including an entrance hall with a patio that lets in natural light. There is also a living room and a large semi-open-plan kitchen, as well as a cellar and a laundry room. All opening onto a large, pleasant, light-filled terrace with barbecue area, illuminated swimming pool with waterfall and jacuzzi. The property also includes five bedrooms, three of which have en suite bathrooms, as well as an independent bathroom and a bedroom converted into a study. The villa has a large basement with three separate areas that could be converted into a sports room, cinema room or flat. There is also a large garage for four cars and an integrated utility room. Built using carefully selected, top-of-the-range materials. It offers a host of comfort features, including underfloor heating, air conditioning, solar panels and high-quality thermal insulation. Its energy efficiency is recognised by Class A certification. Outside, the site includes a covered car park, an enclosed garden area and a paddock with a variety of animals including peacocks, ducks and geese. The garden benefits from automatic lighting and watering, with an electric gate, borehole and mains water connection. Don't miss this rare opportunity on the market. Contact us to arrange a viewing and let yourself be seduced by this charming house. You're sure to fall in love! #ref: 128146
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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 €1,980,000 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 |
|---|---|---|---|
| €1,980,000 | £1,631,322 | £1,701,711 | £70,389 |
| Property Price € | €1,980,000 |
| Minimum cost in the last six months | £1,631,322 |
| Maximum cost in the last six months | £1,701,711 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £70,389 |
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 €1,980,000 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 |
|---|---|---|---|
| €1,980,000 | £1,631,322 | £1,701,711 | £70,389 |
| Property Price € | €1,980,000 |
| Minimum cost in the last six months | £1,631,322 |
| Maximum cost in the last six months | £1,701,711 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £70,389 |
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 £70,389 more.
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