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Charming V2+1 villa with pool and spacious 2080 m² plot in a quiet location near Tunes
Silves, Faro, Portugal
REF: 921098
€463,000
Description
Charming V2+1 villa with pool and spacious 2080 m² plot in a quiet location near Tunes. Situated in a peaceful area, less than 5 minutes from the center of Tunes and only 10 km from Albufeira or Algarve Shopping, this property offers the perfect balance between tranquility and proximity to amenities. The village of Tunes is known for its traditional atmosphere, easy access to transport links, including the train station, and its strategic location in the heart of the Algarve. Silves, a historic town about 15 minutes away, stands out for its medieval castle, charming streets, and cultural events like the Medieval Festival. The main house combines rustic charm and modern comfort, featuring a design with exposed wooden beams. It includes a spacious equipped kitchen, a cozy living room with access to the terrace, two comfortable bedrooms, two bathrooms, and a practical pantry. The rear terrace is perfect for relaxing or socializing, with views over the expansive plot and direct access to the pool area. The property also includes an independent annex, currently used as an office, equipped with a small kitchen and bathroom, which can easily be converted into a functional and comfortable studio (T0). Outside, there is a raised pool surrounded by sun loungers, a workshop, and a covered area that could be turned into a summer kitchen, complementing the existing barbecue area. The fully fenced plot features fruit trees and an irrigation system. With air conditioning, solar panels, double glazing, an electric gate, mains water and electricity, and a septic tank, this property offers versatility, charm, and potential. Year of construction: Before 1951. #ref: 132952
Charming V2+1 villa with pool and spacious 2080 m² plot in a quiet location near Tunes. Situated in a peaceful area, less than 5 minutes from the center of Tunes and only 10 km from Albufeira or Algarve Shopping, this property offers the perfect balance between tranquility and proximity to amenities. The village of Tunes is known for its traditional atmosphere, easy access to transport links, including the train station, and its strategic location in the heart of the Algarve. Silves, a historic town about 15 minutes away, stands out for its medieval castle, charming streets, and cultural events like the Medieval Festival. The main house combines rustic charm and modern comfort, featuring a design with exposed wooden beams. It includes a spacious equipped kitchen, a cozy living room with access to the terrace, two comfortable bedrooms, two bathrooms, and a practical pantry. The rear terrace is perfect for relaxing or socializing, with views over the expansive plot and direct access to the pool area. The property also includes an independent annex, currently used as an office, equipped with a small kitchen and bathroom, which can easily be converted into a functional and comfortable studio (T0). Outside, there is a raised pool surrounded by sun loungers, a workshop, and a covered area that could be turned into a summer kitchen, complementing the existing barbecue area. The fully fenced plot features fruit trees and an irrigation system. With air conditioning, solar panels, double glazing, an electric gate, mains water and electricity, and a septic tank, this property offers versatility, charm, and potential. Year of construction: Before 1951. #ref: 132952
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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 €463,000 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 |
|---|---|---|---|
| €463,000 | £381,466 | £397,925 | £16,460 |
| Property Price € | €463,000 |
| Minimum cost in the last six months | £381,466 |
| Maximum cost in the last six months | £397,925 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,460 |
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 €463,000 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 |
|---|---|---|---|
| €463,000 | £381,466 | £397,925 | £16,460 |
| Property Price € | €463,000 |
| Minimum cost in the last six months | £381,466 |
| Maximum cost in the last six months | £397,925 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,460 |
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 £16,460 more.
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