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Traditional "Quinta" with several independent houses near Alcantarilha
Silves, Faro, Portugal
REF: 909472
€699,000
Description
Unique property which is being offered as a whole or in 2 separate lots. Giving the possibility of living in a lovely single storey dwelling together with 3 separate traditional properties which could provide excellent income either as holiday or longer term rental income. This traditional "Quinta" has several houses to live in and/or rent out and is located in Estevais, Alcantarilha. The property features 4 independent houses set on 4.840m2 of land. "Casa Mel" is a traditional house divided into 3 independent houses, with a shared patio and a water tank. The main house consists of a living room with a wood burning stove, kitchen, bedrooms, bathroom and an attic with a bedroom and bathroom. The other two houses each consist of a living room, kitchen with pantry and bathroom on the ground floor, mezzanine and attic with a bedroom and bathroom. The patio is shared and has a water tank. "Casa Paz" features an entrance hall, living room with fireplace, kitchen, 2 bedrooms, bathroom, a large covered terrace and garage. It is equipped with underfloor heating and photovoltaic panels. All buildings are equipped with solar panels for hot water and air conditioning. Outside, there are many fruit trees, watered with water from the well. This property is ideal for those seeking peace and comfort in the countryside, to live with several generations or to live and make a profit. Distances: - 900m to Alcantarilha train station - 4.5km to the centre of Alcantarilha - 6.5km to the A22 motorway - 8.5km to Armação de Pêra Beach - 45km to Faro Airport. For more information or to schedule a viewing, please contact us.
Unique property which is being offered as a whole or in 2 separate lots. Giving the possibility of living in a lovely single storey dwelling together with 3 separate traditional properties which could provide excellent income either as holiday or longer term rental income. This traditional "Quinta" has several houses to live in and/or rent out and is located in Estevais, Alcantarilha. The property features 4 independent houses set on 4.840m2 of land. "Casa Mel" is a traditional house divided into 3 independent houses, with a shared patio and a water tank. The main house consists of a living room with a wood burning stove, kitchen, bedrooms, bathroom and an attic with a bedroom and bathroom. The other two houses each consist of a living room, kitchen with pantry and bathroom on the ground floor, mezzanine and attic with a bedroom and bathroom. The patio is shared and has a water tank. "Casa Paz" features an entrance hall, living room with fireplace, kitchen, 2 bedrooms, bathroom, a large covered terrace and garage. It is equipped with underfloor heating and photovoltaic panels. All buildings are equipped with solar panels for hot water and air conditioning. Outside, there are many fruit trees, watered with water from the well. This property is ideal for those seeking peace and comfort in the countryside, to live with several generations or to live and make a profit. Distances: - 900m to Alcantarilha train station - 4.5km to the centre of Alcantarilha - 6.5km to the A22 motorway - 8.5km to Armação de Pêra Beach - 45km to Faro Airport. For more information or to schedule a viewing, please contact us.
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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 €699,000 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 |
|---|---|---|---|
| €699,000 | £578,989 | £600,756 | £21,767 |
| Property Price € | €699,000 |
| Minimum cost in the last six months | £578,989 |
| Maximum cost in the last six months | £600,756 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,767 |
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 €699,000 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 |
|---|---|---|---|
| €699,000 | £578,989 | £600,756 | £21,767 |
| Property Price € | €699,000 |
| Minimum cost in the last six months | £578,989 |
| Maximum cost in the last six months | £600,756 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,767 |
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 £21,767 more.
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