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7 Bedroom Farmhouse + Annex for Sale in Silves
Silves, Faro, Portugal, 8300-054
REF: 751592
€4,750,000
Description
This seven bedroom farmhouse for sale in Silves is situated in a land of 59,040m2 surrounded by nature and amazing views. Built in 1994 and sold semi-furnished, the single storey main house is composed of 7 bedrooms with en-suite bathrooms and walk-in wardrobes plus two other bathrooms. The entry hall has a spacious sitting area with a staircase leading to the terrace, which has uninterrupted views of the property and surrounding areas.
The dining area is followed by a large, fully equipped kitchen and a spacious living room featuring a fireplace. The terrace can be accessed through all bedrooms, living room and kitchen and comprises a barbecue area, several lounging spaces, a large swimming pool with sun beds, a beautiful landscaped garden and small ponds.
At the back of the property there is a three car garage, a wine cellar and an annex, this area comprises two bedrooms, a bathroom, kitchen and terrace. There s also over 150 different varieties of fruit trees and a vegetable garden within the orchard.
Additional features include: Air-conditioning, an intelligent home system, double glazed windows, borehole, heating, automatic irrigation system and plenty of storage spaces.
Being only five minutes away from The International Nobel School, ten minutes away from Lagoa and Silves with easy access to supermarkets, shops and restaurants and fifteen minutes from Carvoeiro and its beautiful beaches, this farm is a great place to enjoy a peaceful life or to make a very profitable place for tourism.
This seven bedroom farmhouse for sale in Silves is situated in a land of 59,040m2 surrounded by nature and amazing views. Built in 1994 and sold semi-furnished, the single storey main house is composed of 7 bedrooms with en-suite bathrooms and walk-in wardrobes plus two other bathrooms. The entry hall has a spacious sitting area with a staircase leading to the terrace, which has uninterrupted views of the property and surrounding areas.
The dining area is followed by a large, fully equipped kitchen and a spacious living room featuring a fireplace. The terrace can be accessed through all bedrooms, living room and kitchen and comprises a barbecue area, several lounging spaces, a large swimming pool with sun beds, a beautiful landscaped garden and small ponds.
At the back of the property there is a three car garage, a wine cellar and an annex, this area comprises two bedrooms, a bathroom, kitchen and terrace. There s also over 150 different varieties of fruit trees and a vegetable garden within the orchard.
Additional features include: Air-conditioning, an intelligent home system, double glazed windows, borehole, heating, automatic irrigation system and plenty of storage spaces.
Being only five minutes away from The International Nobel School, ten minutes away from Lagoa and Silves with easy access to supermarkets, shops and restaurants and fifteen minutes from Carvoeiro and its beautiful beaches, this farm is a great place to enjoy a peaceful life or to make a very profitable place for tourism.
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Currency Exchange
Silves, Faro, Portugal, 8300-054
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 €4,750,000 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 |
|---|---|---|---|
| €4,750,000 | £4,040,778 | £4,163,565 | £122,788 |
| Property Price € | €4,750,000 |
| Minimum cost in the last six months | £4,040,778 |
| Maximum cost in the last six months | £4,163,565 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £122,788 |
Silves, Faro, Portugal, 8300-054
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 €4,750,000 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 |
|---|---|---|---|
| €4,750,000 | £4,040,778 | £4,163,565 | £122,788 |
| Property Price € | €4,750,000 |
| Minimum cost in the last six months | £4,040,778 |
| Maximum cost in the last six months | £4,163,565 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £122,788 |
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 £122,788 more.
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