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Impressive organic farm with two houses on 15,000 m2 of fertile land
Silves, Faro, Portugal, 8300-052
REF: 818779
€740,000
Description
This is a fantastic opportunity to purchase two traditional-style houses within a highly organised organic farm in a peaceful and picturesque rural valley, just 3 km from Silves. The farm boasts more than four acres of fertile irrigated land, a horse paddock, a greenhouse containing papayas, bananas, dragon fruit, and numerous other fruit trees. It provides a rural tranquillity within convenient reach of amenities.
Nestled just 3 km from the historic castle town of Silves, this exceptional organic farm offers the perfect opportunity to embrace countryside living. This property features two independent houses, which, after modernisation, can serve as ideal sources of rental income, guest accommodation, or self-sufficient living spaces. This 15,000 m2 farm has a greenhouse for cultivating papayas, bananas, and dragon fruit; externally, there are 34 citrus varieties, avocados, figs, pomegranates, and 2100 roses of 73 varieties. The entire land is drip irrigated, ensuring efficient water usage and optimal plant growth. This versatile property is conveniently located close to amenities, making it suitable for those seeking a peaceful retreat, a business venture, or a combination of both.
Silves was the Moorish capital of the Algarve with it's historic castle still standing proud on the inland hillside with its river below surrounded by countless fruit trees. This is a very scenic area and it's river meanders all the way to the coast by Portimão.
This is a fantastic opportunity to purchase two traditional-style houses within a highly organised organic farm in a peaceful and picturesque rural valley, just 3 km from Silves. The farm boasts more than four acres of fertile irrigated land, a horse paddock, a greenhouse containing papayas, bananas, dragon fruit, and numerous other fruit trees. It provides a rural tranquillity within convenient reach of amenities.
Nestled just 3 km from the historic castle town of Silves, this exceptional organic farm offers the perfect opportunity to embrace countryside living. This property features two independent houses, which, after modernisation, can serve as ideal sources of rental income, guest accommodation, or self-sufficient living spaces. This 15,000 m2 farm has a greenhouse for cultivating papayas, bananas, and dragon fruit; externally, there are 34 citrus varieties, avocados, figs, pomegranates, and 2100 roses of 73 varieties. The entire land is drip irrigated, ensuring efficient water usage and optimal plant growth. This versatile property is conveniently located close to amenities, making it suitable for those seeking a peaceful retreat, a business venture, or a combination of both.
Silves was the Moorish capital of the Algarve with it's historic castle still standing proud on the inland hillside with its river below surrounded by countless fruit trees. This is a very scenic area and it's river meanders all the way to the coast by Portimão.
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Currency Exchange
Silves, Faro, Portugal, 8300-052
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 €740,000 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 |
|---|---|---|---|
| €740,000 | £629,511 | £648,603 | £19,092 |
| Property Price € | €740,000 |
| Minimum cost in the last six months | £629,511 |
| Maximum cost in the last six months | £648,603 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,092 |
Silves, Faro, Portugal, 8300-052
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 €740,000 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 |
|---|---|---|---|
| €740,000 | £629,511 | £648,603 | £19,092 |
| Property Price € | €740,000 |
| Minimum cost in the last six months | £629,511 |
| Maximum cost in the last six months | £648,603 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,092 |
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 £19,092 more.
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