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Three bedroom detached home in peaceful residential area
Silves, Faro, Portugal, 8365-060
REF: 924410
€695,000
Description
Charming detached three-bedroom villa located in a sought-after residential area Colina Verde in Algoz, just 15 minutes from the coast, golf courses, and marina. Features include a low maintenance garden, shaded terraces, central heating throughout, and air conditioning in the bedrooms. This charming three-bedroom detached villa is located in the lovely residential neighbourhood Colina Verde in Algoz. Perfect for permanent living or as a second home, this thoughtfully designed property boasts a low-maintenance garden, terraces and rustic charm.
The villa features three bedrooms, of which one is ensuite. Both upstairs bedrooms have private sun terraces offering views of the surrounding area, and built-in wardrobes, wooden floors, and high beamed ceilings. On this level there is also a big walk-in closet, a large landing, a family shower room and a large landing. On the ground floor, you find a spare bedroom.
The ground floor comprises a spacious living and dining room with a wood burner, a fully equipped semi open plan kitchen, and a small adjacent laundry/storage room. The kitchen opens onto a large partially covered terrace with a built-in BBQ, perfect for outdoor entertaining. The home features a carport, central heating and air conditioning in key rooms.
With its well-planned layout and spacious interiors, this villa is ideally located just 15 minutes from Albufeira, beaches, the Marina, and golf courses. Algoz€™s amenities, including restaurants, supermarkets, shops, train station, and a daily market, are only a short walk away. Algoz is a growing typical Portuguese village, a few kilometres from Silves and en-route to the Monchique Mountains. It has a good selection of traditional and affordable restaurants, most of which are owned and run by local families. In the village, you will also find all the facilities such as small shops, schools, a daily market, a bank and several supermarkets. Once a month there is the largest market in the centre of the Algarve, where you can find a huge selection of agricultural products from the region. The village is served by public transports, bus and train.
Charming detached three-bedroom villa located in a sought-after residential area Colina Verde in Algoz, just 15 minutes from the coast, golf courses, and marina. Features include a low maintenance garden, shaded terraces, central heating throughout, and air conditioning in the bedrooms. This charming three-bedroom detached villa is located in the lovely residential neighbourhood Colina Verde in Algoz. Perfect for permanent living or as a second home, this thoughtfully designed property boasts a low-maintenance garden, terraces and rustic charm.
The villa features three bedrooms, of which one is ensuite. Both upstairs bedrooms have private sun terraces offering views of the surrounding area, and built-in wardrobes, wooden floors, and high beamed ceilings. On this level there is also a big walk-in closet, a large landing, a family shower room and a large landing. On the ground floor, you find a spare bedroom.
The ground floor comprises a spacious living and dining room with a wood burner, a fully equipped semi open plan kitchen, and a small adjacent laundry/storage room. The kitchen opens onto a large partially covered terrace with a built-in BBQ, perfect for outdoor entertaining. The home features a carport, central heating and air conditioning in key rooms.
With its well-planned layout and spacious interiors, this villa is ideally located just 15 minutes from Albufeira, beaches, the Marina, and golf courses. Algoz€™s amenities, including restaurants, supermarkets, shops, train station, and a daily market, are only a short walk away. Algoz is a growing typical Portuguese village, a few kilometres from Silves and en-route to the Monchique Mountains. It has a good selection of traditional and affordable restaurants, most of which are owned and run by local families. In the village, you will also find all the facilities such as small shops, schools, a daily market, a bank and several supermarkets. Once a month there is the largest market in the centre of the Algarve, where you can find a huge selection of agricultural products from the region. The village is served by public transports, bus and train.
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Currency Exchange
Silves, Faro, Portugal, 8365-060
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 €695,000 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 |
|---|---|---|---|
| €695,000 | £572,611 | £597,318 | £24,707 |
| Property Price € | €695,000 |
| Minimum cost in the last six months | £572,611 |
| Maximum cost in the last six months | £597,318 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,707 |
Silves, Faro, Portugal, 8365-060
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 €695,000 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 |
|---|---|---|---|
| €695,000 | £572,611 | £597,318 | £24,707 |
| Property Price € | €695,000 |
| Minimum cost in the last six months | £572,611 |
| Maximum cost in the last six months | £597,318 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,707 |
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 £24,707 more.
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