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Studio in the historic city of Silves, A retreat with history, a refurbished corner with minimalist and modern space
Silves, Faro, Portugal
REF: 818386
€183,000
Description
Studio in the historic city of Silves, A retreat with history, a refurbished corner with minimalist and modern space. Imagine waking up in a mezzanine with a balcony, a view all the way to the Arade River as a Good Morning. A terrace for an intimate barbecue allows for an open-air meal to enjoy the region's climate. A historic city like Silves has the magic to adapt to the idyllic setting chosen by you. You can choose moments of vacation, rest, relaxation, that space that will fill you with contagious energy to develop your daily life. A daily routine integrated into a "Slow City" with all the glamour of a historic center, its alleys, its neighbors, the conversations and whispers, the news, and the weather presented by the color of the pavement. The proximity to services, the municipal council, and its historic building that harkens back to the city's Moorish baths. Local commerce, diverse with so much to taste from regional products, delicious traditional recipes that transport us to flavors of other times, journeys, and places. Cultural and historical points of interest in the city such as the castle, its medina, the walls that embrace the nucleus, the archaeological museum that enriches us with its pieces and history, and the visit to its circular cistern. The green areas and the riverside reveal the city's topography seen from the East bank of the river, by night it is breathtaking. This riverside city associated with the foothills of Serra Silves, with thousands of years of history, continues to be desired for its relative proximity to the coast, its tranquility. The city's location with easy access to the main roadways of the Algarve - A22, EN 125, and 124 - with Carvoeiro Beach 5 minutes away or Ferragudo 10 minutes away. It is 45 minutes from Faro International Airport. So we await your interest in visiting the property. IAD is a dynamic and digitally-based real estate agency with professionalism and transparency as its principles. As an independent real estate consultant, I have the autonomy to manage my schedule, ensuring you personalized assistance at every stage of the process and quality service. #ref: 112907
Studio in the historic city of Silves, A retreat with history, a refurbished corner with minimalist and modern space. Imagine waking up in a mezzanine with a balcony, a view all the way to the Arade River as a Good Morning. A terrace for an intimate barbecue allows for an open-air meal to enjoy the region's climate. A historic city like Silves has the magic to adapt to the idyllic setting chosen by you. You can choose moments of vacation, rest, relaxation, that space that will fill you with contagious energy to develop your daily life. A daily routine integrated into a "Slow City" with all the glamour of a historic center, its alleys, its neighbors, the conversations and whispers, the news, and the weather presented by the color of the pavement. The proximity to services, the municipal council, and its historic building that harkens back to the city's Moorish baths. Local commerce, diverse with so much to taste from regional products, delicious traditional recipes that transport us to flavors of other times, journeys, and places. Cultural and historical points of interest in the city such as the castle, its medina, the walls that embrace the nucleus, the archaeological museum that enriches us with its pieces and history, and the visit to its circular cistern. The green areas and the riverside reveal the city's topography seen from the East bank of the river, by night it is breathtaking. This riverside city associated with the foothills of Serra Silves, with thousands of years of history, continues to be desired for its relative proximity to the coast, its tranquility. The city's location with easy access to the main roadways of the Algarve - A22, EN 125, and 124 - with Carvoeiro Beach 5 minutes away or Ferragudo 10 minutes away. It is 45 minutes from Faro International Airport. So we await your interest in visiting the property. IAD is a dynamic and digitally-based real estate agency with professionalism and transparency as its principles. As an independent real estate consultant, I have the autonomy to manage my schedule, ensuring you personalized assistance at every stage of the process and quality service. #ref: 112907
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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 €183,000 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 |
|---|---|---|---|
| €183,000 | £155,676 | £160,398 | £4,721 |
| Property Price € | €183,000 |
| Minimum cost in the last six months | £155,676 |
| Maximum cost in the last six months | £160,398 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,721 |
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 €183,000 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 |
|---|---|---|---|
| €183,000 | £155,676 | £160,398 | £4,721 |
| Property Price € | €183,000 |
| Minimum cost in the last six months | £155,676 |
| Maximum cost in the last six months | £160,398 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,721 |
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 £4,721 more.
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