Between land and sea a New Urbanization is born with a different concept, an authentic space between lagoons and pine forest

Faro, Faro, Portugal

For Sale

€1,050,000

REF: 593724 €1,050,000


5

5


236 m2

488 m2

Description

Between land and sea a New Urbanization is born with a different concept, an authentic space between lagoons and pine forest. Located within walking distance of Faro city center as well as all amenities. Alma de Faro - is inspired by the uniqueness of the city of Faro - in the heart of the Ria Formosa and its Natural Park, with stunning islands, the Atlantic coast and a history of over 2000 years.

Faro is still considered a hidden gem for many, being nominated for European Capital of Culture 2027. Faro has the charm that many seek for a permanent residence or as a second home located in the sunniest corner of Europe, by the sea. With an area of 68,200 m2 Alma De Faro- it is one of the largest new developments in the Faro region.

In the first phase of the project Alma de Faro it offers family units for sale, including single-storey apartments, independent villas and two-storey townhouses, all of them designed in contemporary architecture in an integrated manner between green parks and jogging trails. Each family unit has its own swimming pool, garage and its own common green areas.

The kitchens and bathrooms are fully equipped, with state-of-the-art equipment and carefully selected finishing materials. This development benefits from a privileged location, allowing its residents to go on foot on a walk to the famous - Ria Formosa Natural Park - which hosts a population of migratory birds as well as protected species of fauna and flora, which distinguishes this park as a one of the 7 Wonders of Portugal, attracting visitors from all over the world.

Golf lovers will find several golf courses in the surroundings of this development, such as Quinta do Lago Sul, Quinta do Lago Norte, Pinheiros Altos, Laranjal, Royal and Oceano. All amenities are within walking distance, such as the Airport, International Hospital, University of Algarve, Shoppings, services and good restaurants, cafeterias, bars and one of the best beaches in the Algarve Ilha de Faro, just 2.8 km away.

. Faro beach with its clear and mild water offers water sports, good restaurants and bars that allow you to enjoy this paradise in the south of Portugal all year round. #ref: 80481
Between land and sea a New Urbanization is born with a different concept, an authentic space between lagoons and pine forest. Located within walking distance of Faro city center as well as all amenities. Alma de Faro - is inspired by the uniqueness of the city of Faro - in the heart of the Ria Formosa and its Natural Park, with stunning islands, the Atlantic coast and a history of over 2000 years.

Faro is still considered a hidden gem for many, being nominated for European Capital of Culture 2027. Faro has the charm that many seek for a permanent residence or as a second home located in the sunniest corner of Europe, by the sea. With an area of 68,200 m2 Alma De Faro- it is one of the largest new developments in the Faro region.

In the first phase of the project Alma de Faro it offers family units for sale, including single-storey apartments, independent villas and two-storey townhouses, all of them designed in contemporary architecture in an integrated manner between green parks and jogging trails. Each family unit has its own swimming pool, garage and its own common green areas.

The kitchens and bathrooms are fully equipped, with state-of-the-art equipment and carefully selected finishing materials. This development benefits from a privileged location, allowing its residents to go on foot on a walk to the famous - Ria Formosa Natural Park - which hosts a population of migratory birds as well as protected species of fauna and flora, which distinguishes this park as a one of the 7 Wonders of Portugal, attracting visitors from all over the world.

Golf lovers will find several golf courses in the surroundings of this development, such as Quinta do Lago Sul, Quinta do Lago Norte, Pinheiros Altos, Laranjal, Royal and Oceano. All amenities are within walking distance, such as the Airport, International Hospital, University of Algarve, Shoppings, services and good restaurants, cafeterias, bars and one of the best beaches in the Algarve Ilha de Faro, just 2.8 km away.

. Faro beach with its clear and mild water offers water sports, good restaurants and bars that allow you to enjoy this paradise in the south of Portugal all year round. #ref: 80481
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Property on Map

#80481

Currency Exchange

Faro, 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 €1,050,000 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
€1,050,000 £893,225 £920,367 £27,143
Property Price € €1,050,000
Minimum cost in the last six months £893,225
Maximum cost in the last six months £920,367
Fluctuating exchange rates over the last six months could have increased the cost of this property by £27,143

Faro, 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 €1,050,000 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
€1,050,000 £893,225 £920,367 £27,143
Property Price € €1,050,000
Minimum cost in the last six months £893,225
Maximum cost in the last six months £920,367
Fluctuating exchange rates over the last six months could have increased the cost of this property by £27,143

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 £27,143 more.

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