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Building and warehouse in the center of Silves close to schools and all services and commerce
Silves, Faro, Portugal
REF: 695605
€398,000
Description
Building and warehouse in the center of Silves close to schools and all services and commerce. Urban building with 60 m2 consisting of r/ ch with living room, kitchen and bathroom, 1st floor with two bedrooms and toilet. Annex with independent warehouse with 90 m2 that can be converted into T2 Energy Classification: B- and D The properties have enormous potential but need restoration and modernization works. Contact us and book a visit!!! If you are looking for a quiet place to live, then investing in a Silves property can be a good option. Silves is a medieval city being a perfect place for those looking for an authentic experience in Portugal and want a more isolated place. There are many historic buildings in the city, one of them being the cathedral of Silves. The castle of Silves with events throughout the year in the castle, such as the Medieval Fair. Silves is a magnificent location, with its medieval castles and cathedrals, come and see this opportunity! Iad is a dynamic digital real estate agency based on professionalism and transparency. As an independent real estate consultant, I have autonomy to manage my schedules, ensuring you a personalized monitoring at all stages of the process and a quality service at the best price. Created in France in 2008, Iad is born from an innovative model that extends the traditional concept of real estate agency, promoting a close relationship between the consultant and the client. The success of the Iad group is reflected in thousands of consultants, online real estate and real estate. #ref: 96545
Building and warehouse in the center of Silves close to schools and all services and commerce. Urban building with 60 m2 consisting of r/ ch with living room, kitchen and bathroom, 1st floor with two bedrooms and toilet. Annex with independent warehouse with 90 m2 that can be converted into T2 Energy Classification: B- and D The properties have enormous potential but need restoration and modernization works. Contact us and book a visit!!! If you are looking for a quiet place to live, then investing in a Silves property can be a good option. Silves is a medieval city being a perfect place for those looking for an authentic experience in Portugal and want a more isolated place. There are many historic buildings in the city, one of them being the cathedral of Silves. The castle of Silves with events throughout the year in the castle, such as the Medieval Fair. Silves is a magnificent location, with its medieval castles and cathedrals, come and see this opportunity! Iad is a dynamic digital real estate agency based on professionalism and transparency. As an independent real estate consultant, I have autonomy to manage my schedules, ensuring you a personalized monitoring at all stages of the process and a quality service at the best price. Created in France in 2008, Iad is born from an innovative model that extends the traditional concept of real estate agency, promoting a close relationship between the consultant and the client. The success of the Iad group is reflected in thousands of consultants, online real estate and real estate. #ref: 96545
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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 €398,000 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 |
|---|---|---|---|
| €398,000 | £338,575 | £348,863 | £10,288 |
| Property Price € | €398,000 |
| Minimum cost in the last six months | £338,575 |
| Maximum cost in the last six months | £348,863 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,288 |
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 €398,000 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 |
|---|---|---|---|
| €398,000 | £338,575 | £348,863 | £10,288 |
| Property Price € | €398,000 |
| Minimum cost in the last six months | £338,575 |
| Maximum cost in the last six months | £348,863 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,288 |
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 £10,288 more.
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