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NEW 1-bedroom penthouse with garage Functionality and comfort in Portimão!
Portimão, Faro, Portugal
REF: 1000009
€300,000
Description
Modern building with 5 apartments, garage, and elevator Built in 2024! We present this exclusive residential building of recent construction (2024), consisting of only 3 floors and 5 autonomous units 3 one-bedroom and 2 two-bedroom apartments ideal for both owner-occupiers and investors! The building stands out for its contemporary design, excellent energy efficiency, elevator, and top-quality finishes, ensuring comfort, sustainability, and long-term appreciation. All apartments feature: Fully equipped open-plan kitchen LED lighting Electric air renewal system Individual solar panels for water heating Assigned parking space(s) This one-bedroom penthouse apartment on the 3rd floor has a gross area of 188.30 m2, including 2 terraces, 1 balcony, and 2 parking spaces, a full bathroom, fully equipped open-plan kitchen, electric air renewal system, LED lighting, and independent solar panel for water heating. Every detail has been designed to provide maximum comfort and functionality, integrating modern technology and a clear concern for energy sustainability. A building with identity, designed for those who value quality, modernity, and exclusivity. Area with high potential for appreciation, in a developing part of the city. A short distance from universities, supermarkets, and other services. 📞 Schedule your visit today or request more information!
Modern building with 5 apartments, garage, and elevator Built in 2024! We present this exclusive residential building of recent construction (2024), consisting of only 3 floors and 5 autonomous units 3 one-bedroom and 2 two-bedroom apartments ideal for both owner-occupiers and investors! The building stands out for its contemporary design, excellent energy efficiency, elevator, and top-quality finishes, ensuring comfort, sustainability, and long-term appreciation. All apartments feature: Fully equipped open-plan kitchen LED lighting Electric air renewal system Individual solar panels for water heating Assigned parking space(s) This one-bedroom penthouse apartment on the 3rd floor has a gross area of 188.30 m2, including 2 terraces, 1 balcony, and 2 parking spaces, a full bathroom, fully equipped open-plan kitchen, electric air renewal system, LED lighting, and independent solar panel for water heating. Every detail has been designed to provide maximum comfort and functionality, integrating modern technology and a clear concern for energy sustainability. A building with identity, designed for those who value quality, modernity, and exclusivity. Area with high potential for appreciation, in a developing part of the city. A short distance from universities, supermarkets, and other services. 📞 Schedule your visit today or request more information!
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Currency Exchange
Portimão, 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 €300,000 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 |
|---|---|---|---|
| €300,000 | £247,635 | £262,596 | £14,961 |
| Property Price € | €300,000 |
| Minimum cost in the last six months | £247,635 |
| Maximum cost in the last six months | £262,596 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,961 |
Portimão, 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 €300,000 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 |
|---|---|---|---|
| €300,000 | £247,635 | £262,596 | £14,961 |
| Property Price € | €300,000 |
| Minimum cost in the last six months | £247,635 |
| Maximum cost in the last six months | £262,596 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,961 |
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 £14,961 more.
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