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Penthouse 3 bedroom duplex apartment with 166 sq m, a terrace of 36 sq m with swimming pool and 1 parking place, inserted in a new development to be born in Tavira, with a privileged location 10 minutes from the beach
União das Freguesias de Tavira (Santa Maria e Santiago), Faro, Portugal
REF: 618727
€750,000
Description
Penthouse 3 bedroom duplex apartment with 166 sq m, a terrace of 36 sq m with swimming pool and 1 parking place, inserted in a new development to be born in Tavira, with a privileged location 10 minutes from the beach. Composed of 14 apartments of typologies T2 and T3, some of which are in duplex, with top terraces, with private pool or jacuzzi and, outdoor kitchen. The apartments have equipped kitchen, underfloor heating, air conditioning, central vacuum and solar panels; garage and small storage room in the basement. The building also has a heated pool in the basement, communal pool on the top terrace, sauna and equipped gym. Located on a hill, it offers views of the city, Ria Formosa and salt pans. It is a 5-minute drive from the center, 10 minutes from the beaches - Tavira Island, Terra Estreita and Barri; several golf courses in the immediate vicinity and 30 minutes from Faro International Airport. Castelhana is a Portuguese real estate agency present in the domestic market for over 20 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal. Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. In Algarve we are based in the heart of Vilamoura, on the 'Golden Triangle', in Porto we are based in the sophisticated Boavista district, in Lisbon, in Chiado, one of the most emblematic and traditional districts of the city. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
Penthouse 3 bedroom duplex apartment with 166 sq m, a terrace of 36 sq m with swimming pool and 1 parking place, inserted in a new development to be born in Tavira, with a privileged location 10 minutes from the beach. Composed of 14 apartments of typologies T2 and T3, some of which are in duplex, with top terraces, with private pool or jacuzzi and, outdoor kitchen. The apartments have equipped kitchen, underfloor heating, air conditioning, central vacuum and solar panels; garage and small storage room in the basement. The building also has a heated pool in the basement, communal pool on the top terrace, sauna and equipped gym. Located on a hill, it offers views of the city, Ria Formosa and salt pans. It is a 5-minute drive from the center, 10 minutes from the beaches - Tavira Island, Terra Estreita and Barri; several golf courses in the immediate vicinity and 30 minutes from Faro International Airport. Castelhana is a Portuguese real estate agency present in the domestic market for over 20 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal. Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. In Algarve we are based in the heart of Vilamoura, on the 'Golden Triangle', in Porto we are based in the sophisticated Boavista district, in Lisbon, in Chiado, one of the most emblematic and traditional districts of the city. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
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Currency Exchange
União das Freguesias de Tavira (Santa Maria e Santiago), 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £638,018 | £656,573 | £18,555 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £638,018 |
| Maximum cost in the last six months | £656,573 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,555 |
União das Freguesias de Tavira (Santa Maria e Santiago), 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £638,018 | £656,573 | £18,555 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £638,018 |
| Maximum cost in the last six months | £656,573 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,555 |
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 £18,555 more.
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