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Fantastic refurbished 3-bedroom villa in Monte Novo, near São Bartolomeu de Messines
Silves, Faro, Portugal
REF: 906159
€520,000
Description
Fantastic refurbished 3-bedroom villa in Monte Novo, near São Bartolomeu de Messines. This villa with high-quality finishes has three bedrooms, one of which is en suite. All have inverter air conditioning, bringing comfort to your environment, and built-in wardrobes. The two bathrooms on the upper floor have thermal towel rails. The kitchen is fully equipped and is open-plan to the living room, where you'll find a wood-burning stove to make the coldest days even cosier. Next to the kitchen is a storage and laundry room. Energy optimisation is guaranteed through thermal cut glazing throughout the house and the use of a solar panel and energy-efficient thermal accumulator. The house also has fibre optics to make using the internet faster and more practical. Downstairs is a storeroom with plenty of natural light as it has a double-glazed door and a bathroom. Here you can easily turn this space into a home, office or any other desired purpose. Outside there is a well-kept garden with several fruit trees, a borehole, three tanks with plenty of water (rainwater and borehole), three outbuildings and a generous paved area where you can park several vehicles and an electric entrance gate. If you want to live in the countryside but close to all services, this is the area for you! Just 5 minutes away by car you'll find the village of São Bartolomeu de Messines and 15 minutes from the historic town of Silves. In both places you have all the services you need to make your life more practical and comfortable. We have support for the financing process, through a credit intermediary authorised by the Bank of Portugal, who will help you find the best solutions for you. At IAD we share the business with all consultants or real estate agencies with a valid AMI licence. If you are a professional in the sector and have a qualified buyer client, please contact me to arrange a viewing. #ref: 129913
Fantastic refurbished 3-bedroom villa in Monte Novo, near São Bartolomeu de Messines. This villa with high-quality finishes has three bedrooms, one of which is en suite. All have inverter air conditioning, bringing comfort to your environment, and built-in wardrobes. The two bathrooms on the upper floor have thermal towel rails. The kitchen is fully equipped and is open-plan to the living room, where you'll find a wood-burning stove to make the coldest days even cosier. Next to the kitchen is a storage and laundry room. Energy optimisation is guaranteed through thermal cut glazing throughout the house and the use of a solar panel and energy-efficient thermal accumulator. The house also has fibre optics to make using the internet faster and more practical. Downstairs is a storeroom with plenty of natural light as it has a double-glazed door and a bathroom. Here you can easily turn this space into a home, office or any other desired purpose. Outside there is a well-kept garden with several fruit trees, a borehole, three tanks with plenty of water (rainwater and borehole), three outbuildings and a generous paved area where you can park several vehicles and an electric entrance gate. If you want to live in the countryside but close to all services, this is the area for you! Just 5 minutes away by car you'll find the village of São Bartolomeu de Messines and 15 minutes from the historic town of Silves. In both places you have all the services you need to make your life more practical and comfortable. We have support for the financing process, through a credit intermediary authorised by the Bank of Portugal, who will help you find the best solutions for you. At IAD we share the business with all consultants or real estate agencies with a valid AMI licence. If you are a professional in the sector and have a qualified buyer client, please contact me to arrange a viewing. #ref: 129913
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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 €520,000 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 |
|---|---|---|---|
| €520,000 | £428,428 | £446,914 | £18,486 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £428,428 |
| Maximum cost in the last six months | £446,914 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,486 |
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 €520,000 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 |
|---|---|---|---|
| €520,000 | £428,428 | £446,914 | £18,486 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £428,428 |
| Maximum cost in the last six months | £446,914 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,486 |
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 £18,486 more.
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