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Villa with Exceptional Views Over the Arade River – Silves Presenting this remarkable 4-bedroom villa located in Cerro da Atalaia, one of the most prestigious areas of Silves
Silves, Faro, Portugal
REF: 974922
€995,000
Description
Villa with Exceptional Views Over the Arade River – Silves Presenting this remarkable 4-bedroom villa located in Cerro da Atalaia, one of the most prestigious areas of Silves. Offering panoramic views over the Arade River and surrounded by a serene natural landscape, this property stands out for its privileged location and the perfect balance of comfort, functionality, and design. Set on a 500 m² plot with a gross construction area of 223 m² and 176 m² of usable space, the villa features bright, spacious interiors designed to integrate harmoniously with the surrounding nature. The open-plan living and dining area connects seamlessly to a modern kitchen, creating a welcoming environment ideal for entertaining. Quality finishes and carefully selected materials reflect a blend of tradition and contemporary style. There are four en-suite bedrooms, all generously sized and well-lit, ensuring privacy and comfort. The bathrooms are modern and functional, with elegant design and high-quality fittings. Outside, the property offers the perfect setting to enjoy the Algarve’s mild climate. Spacious terraces, a well-maintained garden, and a private pool provide excellent conditions for outdoor living with total tranquillity and privacy. The villa also benefits from its proximity to Silves’ historic centre, offering a wide range of services, shops, restaurants, and cultural attractions. This location ensures a balanced lifestyle, combining the peace of the countryside with the convenience of urban living. A unique opportunity for those seeking a permanent residence, holiday home, or a sound investment in one of the Algarve’s most sought-after regions. #ref: 141183
Villa with Exceptional Views Over the Arade River – Silves Presenting this remarkable 4-bedroom villa located in Cerro da Atalaia, one of the most prestigious areas of Silves. Offering panoramic views over the Arade River and surrounded by a serene natural landscape, this property stands out for its privileged location and the perfect balance of comfort, functionality, and design. Set on a 500 m² plot with a gross construction area of 223 m² and 176 m² of usable space, the villa features bright, spacious interiors designed to integrate harmoniously with the surrounding nature. The open-plan living and dining area connects seamlessly to a modern kitchen, creating a welcoming environment ideal for entertaining. Quality finishes and carefully selected materials reflect a blend of tradition and contemporary style. There are four en-suite bedrooms, all generously sized and well-lit, ensuring privacy and comfort. The bathrooms are modern and functional, with elegant design and high-quality fittings. Outside, the property offers the perfect setting to enjoy the Algarve’s mild climate. Spacious terraces, a well-maintained garden, and a private pool provide excellent conditions for outdoor living with total tranquillity and privacy. The villa also benefits from its proximity to Silves’ historic centre, offering a wide range of services, shops, restaurants, and cultural attractions. This location ensures a balanced lifestyle, combining the peace of the countryside with the convenience of urban living. A unique opportunity for those seeking a permanent residence, holiday home, or a sound investment in one of the Algarve’s most sought-after regions. #ref: 141183
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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 €995,000 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 |
|---|---|---|---|
| €995,000 | £821,323 | £870,943 | £49,621 |
| Property Price € | €995,000 |
| Minimum cost in the last six months | £821,323 |
| Maximum cost in the last six months | £870,943 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,621 |
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 €995,000 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 |
|---|---|---|---|
| €995,000 | £821,323 | £870,943 | £49,621 |
| Property Price € | €995,000 |
| Minimum cost in the last six months | £821,323 |
| Maximum cost in the last six months | £870,943 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,621 |
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 £49,621 more.
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