Charming Quinta on the heights of Silves

Silves, Faro, Portugal

For Sale

€479,000

REF: 694372 €479,000


3

2


137 m2

3540 m2

Description

Charming Quinta on the heights of Silves. Located at 5 km from the historic town of Silves on a hill surrounded by orange trees and about 20 minutes from the beautiful beaches of the Algarve ( Marinha, Benagil, Carvoeiro village ). Equidistant from Lagos and Albufeira, 20 minutes from all the Algarve's theme parks and 45 minutes from Faro airport.

Following the recent law on AL licences : This property is perfectly eligible for Airbnb and other rentals. this traditional villa with atypical architecture of 137 m2 implanted on a land of 3540 m2 has the possibility of extension up to 300 m2 as well as the creation of a swimming pool (pre-approved by an architect).

The villa comprises : A large kitchen open to a bright dining room with cathedral ceiling and three window doors opening onto the terraces. A living room with a mass stove and two window doors opening on the terrace. A hallway leading to two bedrooms, one with private shower room, the main bathroom and a storage space.

A main entrance with a staircase leading to a large loft type mezzanine. A large outside terrace of 49m2 opening onto the garden. Two external annexes serving as technical room and storage space. The Quinta is of traditional stone construction, all the windows and the French windows are in PVC double glazing.

The property has all the documents approved by a lawyer Energy class A. Property tax: 72 euros / year The property has a certain autonomy: It is supplied with water by a 90 meters deep drilling equipped with a recent pump and has a softener and an osmosis machine. There are two water heaters with solar panels as well as an automatic irrigation system connected to the borehole and a biological septic tank requiring no maintenance.

The property also has a small plot of land adjacent to the path with a small ruined annex that can be used for parking. The garden has many varieties of flowers and mature tropical plants. You will enjoy the exotic and serene atmosphere of this place. The property also offers many mature fruit trees such as orange, pomegranate, medlar, fig, mango, banana, cayenne cherry as well as olive, carob and almond trees.

There are no external nuisance factor : no high voltage lines, no highway, no national highway. There are several ways to access the property : the first one with about 500m of accessible dirt road and the second one 150m before joining the paved road of the neighborhood. The first neighbors are about 200m away.

On the north side of the property there is a small uninhabited ruin, with no nuisance of vis à vis on the property. South-facing with views of the Monchique mountain range with many walks or bike rides with sometimes sea views, about 7km from the golf courses of Silves and Amendoeira. If you are looking for autonomy in a quiet and preserved place in the heart of a botanical garden, 7 minutes from all the amenities of the town of Silves, you will be seduced by this property which also has a good potential for home camping.

In 2017, the Algarve region launched the "Algarve Seguro" programme, focusing on safety and civil protection. Since, the Algarve has made no secret of its ambition to be the safest region in Europe. #ref: 96115
Charming Quinta on the heights of Silves. Located at 5 km from the historic town of Silves on a hill surrounded by orange trees and about 20 minutes from the beautiful beaches of the Algarve ( Marinha, Benagil, Carvoeiro village ). Equidistant from Lagos and Albufeira, 20 minutes from all the Algarve's theme parks and 45 minutes from Faro airport.

Following the recent law on AL licences : This property is perfectly eligible for Airbnb and other rentals. this traditional villa with atypical architecture of 137 m2 implanted on a land of 3540 m2 has the possibility of extension up to 300 m2 as well as the creation of a swimming pool (pre-approved by an architect).

The villa comprises : A large kitchen open to a bright dining room with cathedral ceiling and three window doors opening onto the terraces. A living room with a mass stove and two window doors opening on the terrace. A hallway leading to two bedrooms, one with private shower room, the main bathroom and a storage space.

A main entrance with a staircase leading to a large loft type mezzanine. A large outside terrace of 49m2 opening onto the garden. Two external annexes serving as technical room and storage space. The Quinta is of traditional stone construction, all the windows and the French windows are in PVC double glazing.

The property has all the documents approved by a lawyer Energy class A. Property tax: 72 euros / year The property has a certain autonomy: It is supplied with water by a 90 meters deep drilling equipped with a recent pump and has a softener and an osmosis machine. There are two water heaters with solar panels as well as an automatic irrigation system connected to the borehole and a biological septic tank requiring no maintenance.

The property also has a small plot of land adjacent to the path with a small ruined annex that can be used for parking. The garden has many varieties of flowers and mature tropical plants. You will enjoy the exotic and serene atmosphere of this place. The property also offers many mature fruit trees such as orange, pomegranate, medlar, fig, mango, banana, cayenne cherry as well as olive, carob and almond trees.

There are no external nuisance factor : no high voltage lines, no highway, no national highway. There are several ways to access the property : the first one with about 500m of accessible dirt road and the second one 150m before joining the paved road of the neighborhood. The first neighbors are about 200m away.

On the north side of the property there is a small uninhabited ruin, with no nuisance of vis à vis on the property. South-facing with views of the Monchique mountain range with many walks or bike rides with sometimes sea views, about 7km from the golf courses of Silves and Amendoeira. If you are looking for autonomy in a quiet and preserved place in the heart of a botanical garden, 7 minutes from all the amenities of the town of Silves, you will be seduced by this property which also has a good potential for home camping.

In 2017, the Algarve region launched the "Algarve Seguro" programme, focusing on safety and civil protection. Since, the Algarve has made no secret of its ambition to be the safest region in Europe. #ref: 96115
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Property on Map

#96115

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 €479,000 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
€479,000 £407,481 £419,863 £12,382
Property Price € €479,000
Minimum cost in the last six months £407,481
Maximum cost in the last six months £419,863
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,382

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 €479,000 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
€479,000 £407,481 £419,863 £12,382
Property Price € €479,000
Minimum cost in the last six months £407,481
Maximum cost in the last six months £419,863
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,382

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 £12,382 more.

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