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Detached single-storey villa, renovated with elegance, modernity and functionality
Silves, Faro, Portugal
REF: 943503
€580,000
Description
Detached single-storey villa, renovated with elegance, modernity and functionality. This stunning property offers three bedrooms, including a suite, and a total of three bathrooms, guaranteeing comfort and privacy. The kitchen, fully equipped and integrated in an open space with the living room, provides a spacious and cosy atmosphere, ideal for moments of leisure and conviviality. In addition to the main house, the urban plot includes a second dwelling with generous areas and enormous potential for remodelling, which could be transformed into an additional residence or an excellent investment opportunity. The property has a mains water supply and a lovely garden, as well as a vast plot of rustic land measuring 7,380 m². Here, you'll find an old well, a removable house and plenty of space to enjoy the tranquillity and beauty of nature. Located in serene countryside, this villa is just a 5-minute drive from the village of São Bartolomeu de Messines, where you'll find supermarkets, banks, post offices, schools and other essential services. It is also just 15 minutes from Silves and 10 minutes from the motorway, guaranteeing quick and practical access for your day-to-day life. If you're looking for a house that combines comfort, privacy and unique natural surroundings, this is the perfect choice! #ref: 136723
Detached single-storey villa, renovated with elegance, modernity and functionality. This stunning property offers three bedrooms, including a suite, and a total of three bathrooms, guaranteeing comfort and privacy. The kitchen, fully equipped and integrated in an open space with the living room, provides a spacious and cosy atmosphere, ideal for moments of leisure and conviviality. In addition to the main house, the urban plot includes a second dwelling with generous areas and enormous potential for remodelling, which could be transformed into an additional residence or an excellent investment opportunity. The property has a mains water supply and a lovely garden, as well as a vast plot of rustic land measuring 7,380 m². Here, you'll find an old well, a removable house and plenty of space to enjoy the tranquillity and beauty of nature. Located in serene countryside, this villa is just a 5-minute drive from the village of São Bartolomeu de Messines, where you'll find supermarkets, banks, post offices, schools and other essential services. It is also just 15 minutes from Silves and 10 minutes from the motorway, guaranteeing quick and practical access for your day-to-day life. If you're looking for a house that combines comfort, privacy and unique natural surroundings, this is the perfect choice! #ref: 136723
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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 €580,000 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 |
|---|---|---|---|
| €580,000 | £477,862 | £490,732 | £12,870 |
| Property Price € | €580,000 |
| Minimum cost in the last six months | £477,862 |
| Maximum cost in the last six months | £490,732 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,870 |
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 €580,000 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 |
|---|---|---|---|
| €580,000 | £477,862 | £490,732 | £12,870 |
| Property Price € | €580,000 |
| Minimum cost in the last six months | £477,862 |
| Maximum cost in the last six months | £490,732 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,870 |
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 £12,870 more.
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