Search
2 Bedrooms house for total rebuilt with swimming pool at the center of Alcantarilha
Silves, Faro, Portugal, 8365-024
REF: 705553
€125,000
Description
House in ruins for reconstruction, with an approved project in Alcantarilha. Ruined house, for total reconstruction, located in the center of Alcantarilha, with an approved project for the construction of a T2 house, with 2 bedrooms, of which 1 is en suite, both on the first floor, with living room and American kitchen on the ground floor and patio with small pool and barbeque with outdoor kitchen. This house is located in a space with an open and wide view facing east, and can be used for investment, or even for own housing. This villa is located right in the center of the parish of Alcantarilha, in the municipality of Silves, within the perimeter of the old fortification walls from the 1300s and which was almost completely destroyed in the earthquake of 1755. It now has the possibility of having a new life, in an elegant project and with a privileged location. This little treasure is located on a quiet street, where you can enjoy all the calm, with an unobstructed view to the east of the Alcantarilha stream. Distances: 5 minutes walk from the main church5 minutes walk to restaurants5 minutes by car from Pêra Grande beach10 min walk to supermarket
House in ruins for reconstruction, with an approved project in Alcantarilha. Ruined house, for total reconstruction, located in the center of Alcantarilha, with an approved project for the construction of a T2 house, with 2 bedrooms, of which 1 is en suite, both on the first floor, with living room and American kitchen on the ground floor and patio with small pool and barbeque with outdoor kitchen. This house is located in a space with an open and wide view facing east, and can be used for investment, or even for own housing. This villa is located right in the center of the parish of Alcantarilha, in the municipality of Silves, within the perimeter of the old fortification walls from the 1300s and which was almost completely destroyed in the earthquake of 1755. It now has the possibility of having a new life, in an elegant project and with a privileged location. This little treasure is located on a quiet street, where you can enjoy all the calm, with an unobstructed view to the east of the Alcantarilha stream. Distances: 5 minutes walk from the main church5 minutes walk to restaurants5 minutes by car from Pêra Grande beach10 min walk to supermarket
Read More
Property on Map
Currency Exchange
Silves, Faro, Portugal, 8365-024
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 €125,000 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 |
|---|---|---|---|
| €125,000 | £106,336 | £109,429 | £3,093 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £106,336 |
| Maximum cost in the last six months | £109,429 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,093 |
Silves, Faro, Portugal, 8365-024
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 €125,000 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 |
|---|---|---|---|
| €125,000 | £106,336 | £109,429 | £3,093 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £106,336 |
| Maximum cost in the last six months | £109,429 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,093 |
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 £3,093 more.
Search popular regions
Useful links
Hi {{firstName}},
Enquire about this property
Make an Enquiry on this property
No Yes
No Yes
I agree to be connected with a trusted property agent who will receive
these details.
We handle your data with care and only ever as outlined in our
Privacy Policy
Thank you for your
enquiry!
Our partner agent will be in touch with you shortly.
Our partner agent will be in touch with you shortly.
Enquire about this property
No
Yes
No
Yes
I agree to be connected with the property agent for more detail on this
listing.
We handle your data with care and only ever as outlined in our
Privacy Policy
