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Modern property for sale, with spectacular river views in Silves, Algarve
Silves, Portugal
REF: 998747
€1,200,000
Description
Undeniably, this semi-detached property is in a picturesque location, off the beaten track and modernised to an exceptional standard. Although the Villa is semi-detached, it actually feels like a stand alone property. There is an entry phone system and electric gates to the long cobblestone driveway. Apart from the carport for 3 vehicles, there is plenty of extra space for more parking. The villa has been sympathically re-modernised with a slight rustic touch in the kitchen, complemented with all mod-cons and is open-plan to a very large dining-living room. Huge picturesque windows slide open onto a conservatory-style terrace, which is the size of the house width. Here you will find the outdoor kitchen, an 8-seater dining table and sofas to relax in and observe the pool area, views to the countryside and the tranquil river arade - once the gateway for commerce. Additionally, the property is wheelchair friendly. Also on this ground floor level, are 3 ensuite bedrooms (one of them is a wet room), all with fitted wardrobes and there is a 'funky' guest cloakroom. An open wooden staircase ascends to the 4th ensuite bedroom. Terrace doors slide open onto the roof terrace, with amazing 180 views. By the swimming pool is an outdoor shower, covered and uncovered terraces, a 6 person jacuzzi, and another area containing a table-tennis table. The land is fenced, however, where the land slopes down, there is a gate to access the river bank and river, that's if you fancied having a rowing boat for example. This property needs to be seen to be believed how truly wonderful it is. An idyllic setting, perfect for permanent or semi-permanent living or as a rental investment. Exclusive Algarve Villas - Book a viewing with us today - don't miss out!
Undeniably, this semi-detached property is in a picturesque location, off the beaten track and modernised to an exceptional standard. Although the Villa is semi-detached, it actually feels like a stand alone property. There is an entry phone system and electric gates to the long cobblestone driveway. Apart from the carport for 3 vehicles, there is plenty of extra space for more parking. The villa has been sympathically re-modernised with a slight rustic touch in the kitchen, complemented with all mod-cons and is open-plan to a very large dining-living room. Huge picturesque windows slide open onto a conservatory-style terrace, which is the size of the house width. Here you will find the outdoor kitchen, an 8-seater dining table and sofas to relax in and observe the pool area, views to the countryside and the tranquil river arade - once the gateway for commerce. Additionally, the property is wheelchair friendly. Also on this ground floor level, are 3 ensuite bedrooms (one of them is a wet room), all with fitted wardrobes and there is a 'funky' guest cloakroom. An open wooden staircase ascends to the 4th ensuite bedroom. Terrace doors slide open onto the roof terrace, with amazing 180 views. By the swimming pool is an outdoor shower, covered and uncovered terraces, a 6 person jacuzzi, and another area containing a table-tennis table. The land is fenced, however, where the land slopes down, there is a gate to access the river bank and river, that's if you fancied having a rowing boat for example. This property needs to be seen to be believed how truly wonderful it is. An idyllic setting, perfect for permanent or semi-permanent living or as a rental investment. Exclusive Algarve Villas - Book a viewing with us today - don't miss out!
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Currency Exchange
Silves, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £990,540 | £1,044,276 | £53,736 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £990,540 |
| Maximum cost in the last six months | £1,044,276 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £53,736 |
Silves, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £990,540 | £1,044,276 | £53,736 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £990,540 |
| Maximum cost in the last six months | £1,044,276 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £53,736 |
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 £53,736 more.
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