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Plot & Approved Project for Contemporary Villa V3
Silves, Faro, Portugal, 8365-023
REF: 907100
€275,000
Description
The villa will be spacious with a unique and modern design, it is located at a high point of a small urbanization very close to the Amendoeira Golf Resort. Fully approved project ready to initiate the building of a contemporary design villa.
It is divided into three floors; a wide garage for two cars, room for storage and laundry in the basement. The middle floor has two en-suite bedrooms facing west and overlooking the garden. To take advantage of the view, the top floor was designed as a social area and comprises a magnificent living / dining room with an open plan kitchen, a bedroom en suite plus a cloakroom and a pantry beside the kitchen. Good size rooms with an abundance of natural light over the two livable levels.
The villa spaces are complemented by large floor to ceiling glass sliding doors that integrate and create the perfect indoor-outdoor living environment through large terraces, a pleasant garden, and the impressive infinity swimming pool.
Excellent investment opportunity to own a stunning property with endless possibilities within a charming location surrounded by beautiful citrus groves and vineyards, very close to the Amendoeira Golf Course & Resort and Armação de Pêra beach, just 10 km away.
The villa will be spacious with a unique and modern design, it is located at a high point of a small urbanization very close to the Amendoeira Golf Resort. Fully approved project ready to initiate the building of a contemporary design villa.
It is divided into three floors; a wide garage for two cars, room for storage and laundry in the basement. The middle floor has two en-suite bedrooms facing west and overlooking the garden. To take advantage of the view, the top floor was designed as a social area and comprises a magnificent living / dining room with an open plan kitchen, a bedroom en suite plus a cloakroom and a pantry beside the kitchen. Good size rooms with an abundance of natural light over the two livable levels.
The villa spaces are complemented by large floor to ceiling glass sliding doors that integrate and create the perfect indoor-outdoor living environment through large terraces, a pleasant garden, and the impressive infinity swimming pool.
Excellent investment opportunity to own a stunning property with endless possibilities within a charming location surrounded by beautiful citrus groves and vineyards, very close to the Amendoeira Golf Course & Resort and Armação de Pêra beach, just 10 km away.
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Currency Exchange
Silves, Faro, Portugal, 8365-023
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 €275,000 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 |
|---|---|---|---|
| €275,000 | £226,573 | £236,349 | £9,776 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £226,573 |
| Maximum cost in the last six months | £236,349 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,776 |
Silves, Faro, Portugal, 8365-023
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 €275,000 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 |
|---|---|---|---|
| €275,000 | £226,573 | £236,349 | £9,776 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £226,573 |
| Maximum cost in the last six months | £236,349 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,776 |
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 £9,776 more.
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