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Unique loft-style home with gym, tennis court and private pool
Silves, Faro, Portugal
REF: 812841
€960,000
Description
Formerly a health club, this unique property offers a blend of luxury and functionality. Boasting a loft-style home, an amazing bali-style pool area, gym, tennis court, and a studio apartment, it's designed for ultimate relaxation and entertainment. Formerly a health club, this unique property offers a blend of luxury and functionality. Boasting a gym, tennis court, and studio apartment, it's designed for ultimate relaxation and entertainment. The centrepiece is a beautiful pool, offering valley views. The restaurant has undergone a remarkable transformation into a stunning loft-style home. Its open-plan layout seamlessly integrates seating, dining, and sleeping areas, exuding modern elegance, and the industrial kitchen has been reimagined into a perfect family kitchen. Outside, the pool area invites relaxation with its Bali-style seating and dining spots, creating an oasis of tranquillity. Don't miss this unique opportunity to own a versatile property designed for luxurious living and entertaining.
Close to the centre of Algoz, with several restaurants, cafés, supermarkets, train station and bus connections . Algoz is a growing typical Portuguese village, a few kilometres from Silves and en-route to the Monchique Mountains. It has a good selection of traditional and affordable restaurants, most of which are owned and run by local families. In the village, you will also find all the facilities such as small shops, schools, a daily market, a bank and several supermarkets. Once a month there is the largest market in the centre of the Algarve, where you can find a huge selection of agricultural products from the region. The village is served by public transports, bus and train.
Formerly a health club, this unique property offers a blend of luxury and functionality. Boasting a loft-style home, an amazing bali-style pool area, gym, tennis court, and a studio apartment, it's designed for ultimate relaxation and entertainment. Formerly a health club, this unique property offers a blend of luxury and functionality. Boasting a gym, tennis court, and studio apartment, it's designed for ultimate relaxation and entertainment. The centrepiece is a beautiful pool, offering valley views. The restaurant has undergone a remarkable transformation into a stunning loft-style home. Its open-plan layout seamlessly integrates seating, dining, and sleeping areas, exuding modern elegance, and the industrial kitchen has been reimagined into a perfect family kitchen. Outside, the pool area invites relaxation with its Bali-style seating and dining spots, creating an oasis of tranquillity. Don't miss this unique opportunity to own a versatile property designed for luxurious living and entertaining.
Close to the centre of Algoz, with several restaurants, cafés, supermarkets, train station and bus connections . Algoz is a growing typical Portuguese village, a few kilometres from Silves and en-route to the Monchique Mountains. It has a good selection of traditional and affordable restaurants, most of which are owned and run by local families. In the village, you will also find all the facilities such as small shops, schools, a daily market, a bank and several supermarkets. Once a month there is the largest market in the centre of the Algarve, where you can find a huge selection of agricultural products from the region. The village is served by public transports, bus and train.
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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 €960,000 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 |
|---|---|---|---|
| €960,000 | £816,662 | £841,478 | £24,816 |
| Property Price € | €960,000 |
| Minimum cost in the last six months | £816,662 |
| Maximum cost in the last six months | £841,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,816 |
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 €960,000 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 |
|---|---|---|---|
| €960,000 | £816,662 | £841,478 | £24,816 |
| Property Price € | €960,000 |
| Minimum cost in the last six months | £816,662 |
| Maximum cost in the last six months | £841,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,816 |
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 £24,816 more.
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