Ground floor housing complex based on traditional architecture of the region that was intervened in 2021, being completely restructured, renovated and equipped

Silves, Faro, Portugal

For Sale

€439,000

REF: 730837 €439,000


4

2

186 m2

206 m2

Description

Ground floor housing complex based on traditional architecture of the region that was intervened in 2021, being completely restructured, renovated and equipped. It has 3 fractions, independent housing areas, in total ownership regime, consisting of: Fraction T1, living room and kitchen in open space with fireplace, bathroom with shower cabin and bedroom with natural light and air conditioning; Fraction T0, with interior bedroom and another on a mezzanine, living room connecting to an outdoor patio; bathroom with shower cabin and kitchen equipped with oven, hob and extractor fan - currently rented; Fraction T2, surrounding courtyard on two sides of the house, living room and kitchen in open space equipped with air conditioning, two bedrooms and a mezzanine seating area, bathroom with shower and a laundry area.

All supply and drainage systems - pipes, electrical - are new, water heating is done by water heaters, all roof surfaces and interior coatings of ceilings and floors were selected for good quality combined with comfort and the creation of a cozy environment. The windows, doors and large windows have new frames and double glazing.

Located in the peaceful village of Tunes, with parking at the door, in a typical neighbourhood with easy access and high mobility, it is 11km from the beaches of Albufeira municipality, 40 minutes from Faro international airport and 2 steps from all commercial areas, services and educational establishments and theme parks and green areas.

Tunes is easily accessible village from the A22 motorway, which connects several cities in the Algarve, including Faro and Albufeira. The Tunes train station is an important railway connection point in the Algarve, making the village accessible by public transport. Ideal for those who want a home in the Algarve without submitting to the madness of the high season, enjoying the location of Barrocal and the rural area it is located in, and still making a profit and increasing income.

Here you can get your home and also the opportunity to make a profit in order to increase your income or even pay off credit. It is important to note that it is integrated into the Urban Rehabilitation Area of Tunes since 2022, which allows you to enjoy important tax and financial benefits resulting from the project to support the improvement of housing conditions and energy efficiency.

Now we await your availability for a visit and clarifications that may be necessary in order to carry out your real estate project. The iad is a dynamic digital real estate agency with professionalism and transparency as its principle. As an independent real estate consultant, I have autonomy to manage my schedule, thus guaranteeing you personalized support at all stages of the process and a quality service. #ref: 102490
Ground floor housing complex based on traditional architecture of the region that was intervened in 2021, being completely restructured, renovated and equipped. It has 3 fractions, independent housing areas, in total ownership regime, consisting of: Fraction T1, living room and kitchen in open space with fireplace, bathroom with shower cabin and bedroom with natural light and air conditioning; Fraction T0, with interior bedroom and another on a mezzanine, living room connecting to an outdoor patio; bathroom with shower cabin and kitchen equipped with oven, hob and extractor fan - currently rented; Fraction T2, surrounding courtyard on two sides of the house, living room and kitchen in open space equipped with air conditioning, two bedrooms and a mezzanine seating area, bathroom with shower and a laundry area.

All supply and drainage systems - pipes, electrical - are new, water heating is done by water heaters, all roof surfaces and interior coatings of ceilings and floors were selected for good quality combined with comfort and the creation of a cozy environment. The windows, doors and large windows have new frames and double glazing.

Located in the peaceful village of Tunes, with parking at the door, in a typical neighbourhood with easy access and high mobility, it is 11km from the beaches of Albufeira municipality, 40 minutes from Faro international airport and 2 steps from all commercial areas, services and educational establishments and theme parks and green areas.

Tunes is easily accessible village from the A22 motorway, which connects several cities in the Algarve, including Faro and Albufeira. The Tunes train station is an important railway connection point in the Algarve, making the village accessible by public transport. Ideal for those who want a home in the Algarve without submitting to the madness of the high season, enjoying the location of Barrocal and the rural area it is located in, and still making a profit and increasing income.

Here you can get your home and also the opportunity to make a profit in order to increase your income or even pay off credit. It is important to note that it is integrated into the Urban Rehabilitation Area of Tunes since 2022, which allows you to enjoy important tax and financial benefits resulting from the project to support the improvement of housing conditions and energy efficiency.

Now we await your availability for a visit and clarifications that may be necessary in order to carry out your real estate project. The iad is a dynamic digital real estate agency with professionalism and transparency as its principle. As an independent real estate consultant, I have autonomy to manage my schedule, thus guaranteeing you personalized support at all stages of the process and a quality service. #ref: 102490
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Property on Map

#102490

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 €439,000 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
€439,000 £373,453 £384,801 £11,348
Property Price € €439,000
Minimum cost in the last six months £373,453
Maximum cost in the last six months £384,801
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,348

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 €439,000 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
€439,000 £373,453 £384,801 £11,348
Property Price € €439,000
Minimum cost in the last six months £373,453
Maximum cost in the last six months £384,801
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,348

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 £11,348 more.

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