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Plot with Approved project for Sale in the countryside of Silves/Sao Bartolomeu de Messines- EUR 119,000 Looking to enjoy a tranquil lifestyle in Central Algarve and live in full harmony with nature in a house designed by you and for you? If so, this property is for you
Silves, Faro, Portugal
REF: 708849
€119,000
Description
Plot with Approved project for Sale in the countryside of Silves/Sao Bartolomeu de Messines- EUR 119,000 Looking to enjoy a tranquil lifestyle in Central Algarve and live in full harmony with nature in a house designed by you and for you? If so, this property is for you. This plot of 1,160m2 is located in Cumeada, a small community between the picturesque castle town of Silves and São Bartolomeu de Messines. Cumeada is surrounded by stunning nature and within close distance to local amenities: 8 minutes to Intermarche 15 minutes to Silves 20 minutes to Nobel School 25 minutes to the beach Armação de Pêra 25 minutes to Aqua Shopping Center 10 minutes to Arade Lake 20 min to Amendoeira Golf course 45 minutes to Faro Airport The property has been approved to build a two story house of ~230m2 with a pool of ~38m2 and large basement of 164m2. The house will be very spacious, luminous and offers stunning views on the surrounding. On the ground floor, you will find a very large open space (~73m2) which will consist of a living room with fireplace, a large kitchen and a laundry room. From this room. From there, you can access a large terrace of ~106m2 which is partially covered and the pool. On this floor, you will also find a master suite of ~23 m2 that has a walk-in closet and a bathroom. You will also find a social bathroom On the first floor, you have two suites. The first suite is 33m2. It has a walk-in closet of 5m2 and a large bathroom (~10m2) equipped with a double sink, a bathtub and a shower. The other suite totalized 25m2 and also has a walk-in closet and a separate bathroom equipped with a shower. Both suites have direct access to a large terrace of ~12m2 overlooking the garden and beautiful surroundings. In the basement, you will find a huge garage of 107m2 and some technical space. The project is fully approved and construction can start immediately. #ref: 98919
Plot with Approved project for Sale in the countryside of Silves/Sao Bartolomeu de Messines- EUR 119,000 Looking to enjoy a tranquil lifestyle in Central Algarve and live in full harmony with nature in a house designed by you and for you? If so, this property is for you. This plot of 1,160m2 is located in Cumeada, a small community between the picturesque castle town of Silves and São Bartolomeu de Messines. Cumeada is surrounded by stunning nature and within close distance to local amenities: 8 minutes to Intermarche 15 minutes to Silves 20 minutes to Nobel School 25 minutes to the beach Armação de Pêra 25 minutes to Aqua Shopping Center 10 minutes to Arade Lake 20 min to Amendoeira Golf course 45 minutes to Faro Airport The property has been approved to build a two story house of ~230m2 with a pool of ~38m2 and large basement of 164m2. The house will be very spacious, luminous and offers stunning views on the surrounding. On the ground floor, you will find a very large open space (~73m2) which will consist of a living room with fireplace, a large kitchen and a laundry room. From this room. From there, you can access a large terrace of ~106m2 which is partially covered and the pool. On this floor, you will also find a master suite of ~23 m2 that has a walk-in closet and a bathroom. You will also find a social bathroom On the first floor, you have two suites. The first suite is 33m2. It has a walk-in closet of 5m2 and a large bathroom (~10m2) equipped with a double sink, a bathtub and a shower. The other suite totalized 25m2 and also has a walk-in closet and a separate bathroom equipped with a shower. Both suites have direct access to a large terrace of ~12m2 overlooking the garden and beautiful surroundings. In the basement, you will find a huge garage of 107m2 and some technical space. The project is fully approved and construction can start immediately. #ref: 98919
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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 €119,000 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 |
|---|---|---|---|
| €119,000 | £101,232 | £104,302 | £3,070 |
| Property Price € | €119,000 |
| Minimum cost in the last six months | £101,232 |
| Maximum cost in the last six months | £104,302 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,070 |
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 €119,000 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 |
|---|---|---|---|
| €119,000 | £101,232 | £104,302 | £3,070 |
| Property Price € | €119,000 |
| Minimum cost in the last six months | £101,232 |
| Maximum cost in the last six months | £104,302 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,070 |
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 £3,070 more.
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