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Villa with 5 bedrooms and two independent floors
Silves, Faro, Portugal, 8365-024
REF: 754635
€539,000
Description
Welcome ! This villa located in Malhão, in Alcantarilha, offers several possibilities, since it is possible to use both floors independently. The pool is an asset for those who like to enjoy the good weather that the Algarve offers! The upper floor of the villa consists of: - Fully equipped kitchen; - 3 bedrooms, one of which is en-suite (two of them with built-in wardrobe); - Large fully equipped kitchen; - the service bathroom; - Balcony with 40 M2 serving the three fronts of the house. - Pantry. The lower floor can be accessed by interior stairs and consists of: - living room; - dining room; - two quarters; - 2 bathrooms; - Pantry. Outside we find a heated pool and barbecue area. Equipment: - Automatic gate; - Solar panel. The land area totals 2041 M2 (lot: 452 M2 + land: 1589 M2). This magnificent residence is located 10 minutes by car from the most beautiful beaches of the Algarve, Silves and its castle, and 5 minutes from Amendoeiras Golf, 45 from Faro International Airport and a few minutes from the Amusement Parks: Krazy World, Zoomarine and Aqualand. IMI: 426 / year.
Welcome ! This villa located in Malhão, in Alcantarilha, offers several possibilities, since it is possible to use both floors independently. The pool is an asset for those who like to enjoy the good weather that the Algarve offers! The upper floor of the villa consists of: - Fully equipped kitchen; - 3 bedrooms, one of which is en-suite (two of them with built-in wardrobe); - Large fully equipped kitchen; - the service bathroom; - Balcony with 40 M2 serving the three fronts of the house. - Pantry. The lower floor can be accessed by interior stairs and consists of: - living room; - dining room; - two quarters; - 2 bathrooms; - Pantry. Outside we find a heated pool and barbecue area. Equipment: - Automatic gate; - Solar panel. The land area totals 2041 M2 (lot: 452 M2 + land: 1589 M2). This magnificent residence is located 10 minutes by car from the most beautiful beaches of the Algarve, Silves and its castle, and 5 minutes from Amendoeiras Golf, 45 from Faro International Airport and a few minutes from the Amusement Parks: Krazy World, Zoomarine and Aqualand. IMI: 426 / year.
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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 €539,000 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 |
|---|---|---|---|
| €539,000 | £458,522 | £471,857 | £13,335 |
| Property Price € | €539,000 |
| Minimum cost in the last six months | £458,522 |
| Maximum cost in the last six months | £471,857 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,335 |
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 €539,000 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 |
|---|---|---|---|
| €539,000 | £458,522 | £471,857 | £13,335 |
| Property Price € | €539,000 |
| Minimum cost in the last six months | £458,522 |
| Maximum cost in the last six months | £471,857 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,335 |
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 £13,335 more.
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