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EXCLUSIVITY IAD - T3 TOWNHOUSE FOR SALE IN SILVES - EUR 277,500 If you have ever dreamed of living inside a medieval town you will be enchanted by this property! This charming townhouse is located in the heart of Silves, just a few minutes walking distance to the Castle and the municipal market
Silves, Faro, Portugal
REF: 757216
€277,500
Description
EXCLUSIVITY IAD - T3 TOWNHOUSE FOR SALE IN SILVES - EUR 277,500 If you have ever dreamed of living inside a medieval town you will be enchanted by this property! This charming townhouse is located in the heart of Silves, just a few minutes walking distance to the Castle and the municipal market. Silves is a lovely little town in the Western Algarve which is surrounded by nature and wine fields. It is also just about 25 minutes from the beach of Portimão, Ferragudo or Carvoiero. When living in Silves, you will have access to everything you need in your day-to-day life such as restaurants, bars, pharmacies or supermarkets. The property has 3 bedrooms, 2.5 bathrooms and a small outdoor area. On the ground floor, you will find an open space of ~29m2 consisting of a living room and kitchen . You also have a social bathroom as well as a master suite of ~15m2 consisting of a bedroom and bathroom with a shower. On the first floor, there are two bedrooms (~10m2 and ~13m2 respectively) and one shared bathroom (~4 m2) with shower. You will also find a cute outdoor space where you can enjoy your morning coffee or a glass of wine at night. If you need more outdoor space, there might be an option to enlarge that area by flattening the roof over the downstairs bathroom. The kitchen is fully equipped with a microwave, an oven, an induction cooktop, a fridge, a dishwasher and a washing machine. The living room is equipped with underfloor heating and air conditioning. The master bedroom upstairs also has airconditioning. Energy Certificate: D. Asking price: EUR 277,500 In the center of Silves, walking distance to all amenities Within 20 minutes to the beach Outdoor space to enjoy a morning coffee Tastefully renovated Great investment property which can generate long term rental revenues in excess of EUR 15,000 and even more for short rentals. For more information, please contact me via email ([email protected]) or phone (+351 912 222 159). * Measurements have not been verified. The 3D renderings are presented for informative purposes only. These are not contractual and the work #ref: 108779
EXCLUSIVITY IAD - T3 TOWNHOUSE FOR SALE IN SILVES - EUR 277,500 If you have ever dreamed of living inside a medieval town you will be enchanted by this property! This charming townhouse is located in the heart of Silves, just a few minutes walking distance to the Castle and the municipal market. Silves is a lovely little town in the Western Algarve which is surrounded by nature and wine fields. It is also just about 25 minutes from the beach of Portimão, Ferragudo or Carvoiero. When living in Silves, you will have access to everything you need in your day-to-day life such as restaurants, bars, pharmacies or supermarkets. The property has 3 bedrooms, 2.5 bathrooms and a small outdoor area. On the ground floor, you will find an open space of ~29m2 consisting of a living room and kitchen . You also have a social bathroom as well as a master suite of ~15m2 consisting of a bedroom and bathroom with a shower. On the first floor, there are two bedrooms (~10m2 and ~13m2 respectively) and one shared bathroom (~4 m2) with shower. You will also find a cute outdoor space where you can enjoy your morning coffee or a glass of wine at night. If you need more outdoor space, there might be an option to enlarge that area by flattening the roof over the downstairs bathroom. The kitchen is fully equipped with a microwave, an oven, an induction cooktop, a fridge, a dishwasher and a washing machine. The living room is equipped with underfloor heating and air conditioning. The master bedroom upstairs also has airconditioning. Energy Certificate: D. Asking price: EUR 277,500 In the center of Silves, walking distance to all amenities Within 20 minutes to the beach Outdoor space to enjoy a morning coffee Tastefully renovated Great investment property which can generate long term rental revenues in excess of EUR 15,000 and even more for short rentals. For more information, please contact me via email ([email protected]) or phone (+351 912 222 159). * Measurements have not been verified. The 3D renderings are presented for informative purposes only. These are not contractual and the work #ref: 108779
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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 €277,500 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 |
|---|---|---|---|
| €277,500 | £236,066 | £243,240 | £7,173 |
| Property Price € | €277,500 |
| Minimum cost in the last six months | £236,066 |
| Maximum cost in the last six months | £243,240 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,173 |
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 €277,500 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 |
|---|---|---|---|
| €277,500 | £236,066 | £243,240 | £7,173 |
| Property Price € | €277,500 |
| Minimum cost in the last six months | £236,066 |
| Maximum cost in the last six months | £243,240 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,173 |
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 £7,173 more.
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