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LA MAISON BLEUE - GUEST HOUSE - SILVES - ALGARVE
Silves, Faro, Portugal, 8300-135
REF: 741840
€1,330,000
Description
Emblematic Palace built in the 19th century, fully recovered in 2021.Palacete | Silves Endowed with unique details that remain unchanged from the initial construction. Classified property, thus integrating the rich historical and cultural heritage, something that can only be experienced in the municipality of Silves. Carefully transformed and licensed to serve as a luxurious Guest House, it now has 5 suites - 2 on the ground floor and 3 on the first floor. Large patio with swimming pool, barbecue area and meals with direct access to the outside. The restoration of the mansion complied with high quality standards, all its interior and exterior architectural design was rigorously maintained, being fully recovered, such as: - The worked ceilings have all been meticulously restored - All wooden shutters have been recovered - The beautiful wooden windows were redone maintaining the design but adapted to a high standard of comfort (double glazing) - Hydraulic tile / hydraulic floor in the bathrooms made by hand, exclusive pieces - Zellige tiles in the bathrooms used as an ornament for the walls, exclusive pieces - High-end faucets from the Kludi brand - High-end central air conditioning from the Daikin brand - Heat pump with 500 lts of the Daikin brand - The entire house was covered with thermal and acoustic insulation Furnished and equipped, aeronautical decoration pieces not included. Opposite Al-Mutamid Square, very close to the river and overlooking the castle.
Emblematic Palace built in the 19th century, fully recovered in 2021.Palacete | Silves Endowed with unique details that remain unchanged from the initial construction. Classified property, thus integrating the rich historical and cultural heritage, something that can only be experienced in the municipality of Silves. Carefully transformed and licensed to serve as a luxurious Guest House, it now has 5 suites - 2 on the ground floor and 3 on the first floor. Large patio with swimming pool, barbecue area and meals with direct access to the outside. The restoration of the mansion complied with high quality standards, all its interior and exterior architectural design was rigorously maintained, being fully recovered, such as: - The worked ceilings have all been meticulously restored - All wooden shutters have been recovered - The beautiful wooden windows were redone maintaining the design but adapted to a high standard of comfort (double glazing) - Hydraulic tile / hydraulic floor in the bathrooms made by hand, exclusive pieces - Zellige tiles in the bathrooms used as an ornament for the walls, exclusive pieces - High-end faucets from the Kludi brand - High-end central air conditioning from the Daikin brand - Heat pump with 500 lts of the Daikin brand - The entire house was covered with thermal and acoustic insulation Furnished and equipped, aeronautical decoration pieces not included. Opposite Al-Mutamid Square, very close to the river and overlooking the castle.
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Currency Exchange
Silves, Faro, Portugal, 8300-135
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 €1,330,000 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 |
|---|---|---|---|
| €1,330,000 | £1,131,418 | £1,165,798 | £34,381 |
| Property Price € | €1,330,000 |
| Minimum cost in the last six months | £1,131,418 |
| Maximum cost in the last six months | £1,165,798 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,381 |
Silves, Faro, Portugal, 8300-135
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 €1,330,000 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 |
|---|---|---|---|
| €1,330,000 | £1,131,418 | £1,165,798 | £34,381 |
| Property Price € | €1,330,000 |
| Minimum cost in the last six months | £1,131,418 |
| Maximum cost in the last six months | £1,165,798 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,381 |
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 £34,381 more.
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