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ALGARVE - S
Silves, Faro, Portugal, 8375-020
REF: 913049
€159,000
Description
Excellent investment for those who want to build a villa in the ALGARVE:
Land of 3900 m with approved project for the construction of a detached house of 400 m (construction can start immediately, license to be lifted).
Ground floor and 1st floor - swimming pool with engine room - garage with private parking.
Access by tarmacked street (no cul-de-sac), this land is located in Calvos, municipality of Silves, in a privileged and quiet location a few kilometers from supermarkets, shopping centers, beaches and the nightlife of Albufeira.
Two small villages with all the infrastructure nearby.
It has a 150sqm deep borehole made in 2020 and licensed (capacity of 1000 liters of water/hour). Excellent quality water.
There is a small ruin and several trees (olive, almond, carob and fig trees) on the land. There are about ten holes already made to accommodate fruit trees, as well as a hole to install a garden pond, in an ideal location thanks to the slope of the land.
The construction project:
- Ground Floor 295sqm
3 bedrooms with private bathroom. 19.60sqm - 18.45sqm and 29sqm
1 Locker room
1 guest toilet
1 laundry room
Large living and dining room 72.80sqm
Large kitchen of 38.60m with central island and pantry
1 wine cellar
Access doors to the 2 terraces, to the north and south of the villa
Yard
- First floors 105.50sqm
1 master bedroom of 21.60sqm with en-suite bathroom and dressing room (dressing room)
1 bedroom of 12.25sqm
1 bathroom
1 living room
Large terraces around the villa
Yard
Swimming pool / salt water
Machine room 6.40sqm
Garage 30.70sqm and parking lots at the entrance of the property
Excluded from the SCE, under paragraph g) of paragraph 2 of article 18 of Decree-Law no. 101-D/2020, of 7 December.
Don't miss this opportunity and contact us for a visit.
Our company assists in all sectors, such as how to obtain the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc.
Excellent investment for those who want to build a villa in the ALGARVE:
Land of 3900 m with approved project for the construction of a detached house of 400 m (construction can start immediately, license to be lifted).
Ground floor and 1st floor - swimming pool with engine room - garage with private parking.
Access by tarmacked street (no cul-de-sac), this land is located in Calvos, municipality of Silves, in a privileged and quiet location a few kilometers from supermarkets, shopping centers, beaches and the nightlife of Albufeira.
Two small villages with all the infrastructure nearby.
It has a 150sqm deep borehole made in 2020 and licensed (capacity of 1000 liters of water/hour). Excellent quality water.
There is a small ruin and several trees (olive, almond, carob and fig trees) on the land. There are about ten holes already made to accommodate fruit trees, as well as a hole to install a garden pond, in an ideal location thanks to the slope of the land.
The construction project:
- Ground Floor 295sqm
3 bedrooms with private bathroom. 19.60sqm - 18.45sqm and 29sqm
1 Locker room
1 guest toilet
1 laundry room
Large living and dining room 72.80sqm
Large kitchen of 38.60m with central island and pantry
1 wine cellar
Access doors to the 2 terraces, to the north and south of the villa
Yard
- First floors 105.50sqm
1 master bedroom of 21.60sqm with en-suite bathroom and dressing room (dressing room)
1 bedroom of 12.25sqm
1 bathroom
1 living room
Large terraces around the villa
Yard
Swimming pool / salt water
Machine room 6.40sqm
Garage 30.70sqm and parking lots at the entrance of the property
Excluded from the SCE, under paragraph g) of paragraph 2 of article 18 of Decree-Law no. 101-D/2020, of 7 December.
Don't miss this opportunity and contact us for a visit.
Our company assists in all sectors, such as how to obtain the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc.
Read More
Property on Map
Currency Exchange
Silves, Faro, Portugal, 8375-020
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 €159,000 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 |
|---|---|---|---|
| €159,000 | £131,701 | £136,653 | £4,951 |
| Property Price € | €159,000 |
| Minimum cost in the last six months | £131,701 |
| Maximum cost in the last six months | £136,653 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,951 |
Silves, Faro, Portugal, 8375-020
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 €159,000 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 |
|---|---|---|---|
| €159,000 | £131,701 | £136,653 | £4,951 |
| Property Price € | €159,000 |
| Minimum cost in the last six months | £131,701 |
| Maximum cost in the last six months | £136,653 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,951 |
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 £4,951 more.
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