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FARO - PENTHOUSE - 4 BEDROOMS + 1 - PRIVATE POOL - GARAGE IN BOX
Faro, Algarve, Portugal
REF: 686195
€1,028,200
Description
Magnificent Penthouse of type T4+1, with swimming pool and private terrace on the roof of the building.
Quality finishes and garage in box.
Magnificent Penthouse of type T4+1, with swimming pool and private terrace on the roof of the building.
This property consists of a fully equipped kitchen with high-end appliances, in open-space with a very large living/dining room with access to a spacious balcony, where there is a laundry room equipped with washing machine and dryer.
It also has four bedrooms all equipped with air conditioning, two of them en suite and with closet.
There is also 1 full bathroom and another service bathroom.
The private rooftop terrace, accessible by the living room stairs, has a leisure area, where there is a covered space, which can be adapted to a 5th bedroom/office or to a support to the pool area, allowing you to enjoy an outdoor social area with all privacy.
In the basement of the building there is a closed box and a storage room
The property is located in a privileged area of Faro, just a few minutes from downtown, the airport and Faro Beach, with easy access to the A22. It is close to several amenities and services such as supermarkets, cafes, market, schools, clinic and hospital.
Construction is in the final phase.
There are 4 T4 apartments available (Penthouse type):
Fraction AJ - Gross floor area: 284.11 m2 - 1. 028.200,00
Fraction AK- Gross area of the apartment: 276.39 m2 - 1. 081.200,00
Fraction AL- Gross area of the apartment: 273.39 m2 - 1. 060,000.00 (RESERVED)
Fraction AM- Gross area of the apartment: 273.84 m2 - 1. 028,200.00 (RESERVED)
Magnificent Penthouse of type T4+1, with swimming pool and private terrace on the roof of the building.
Quality finishes and garage in box.
Magnificent Penthouse of type T4+1, with swimming pool and private terrace on the roof of the building.
This property consists of a fully equipped kitchen with high-end appliances, in open-space with a very large living/dining room with access to a spacious balcony, where there is a laundry room equipped with washing machine and dryer.
It also has four bedrooms all equipped with air conditioning, two of them en suite and with closet.
There is also 1 full bathroom and another service bathroom.
The private rooftop terrace, accessible by the living room stairs, has a leisure area, where there is a covered space, which can be adapted to a 5th bedroom/office or to a support to the pool area, allowing you to enjoy an outdoor social area with all privacy.
In the basement of the building there is a closed box and a storage room
The property is located in a privileged area of Faro, just a few minutes from downtown, the airport and Faro Beach, with easy access to the A22. It is close to several amenities and services such as supermarkets, cafes, market, schools, clinic and hospital.
Construction is in the final phase.
There are 4 T4 apartments available (Penthouse type):
Fraction AJ - Gross floor area: 284.11 m2 - 1. 028.200,00
Fraction AK- Gross area of the apartment: 276.39 m2 - 1. 081.200,00
Fraction AL- Gross area of the apartment: 273.39 m2 - 1. 060,000.00 (RESERVED)
Fraction AM- Gross area of the apartment: 273.84 m2 - 1. 028,200.00 (RESERVED)
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Currency Exchange
Faro, Algarve, 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 €1,028,200 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 |
|---|---|---|---|
| €1,028,200 | £847,134 | £892,570 | £45,436 |
| Property Price € | €1,028,200 |
| Minimum cost in the last six months | £847,134 |
| Maximum cost in the last six months | £892,570 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £45,436 |
Faro, Algarve, 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 €1,028,200 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 |
|---|---|---|---|
| €1,028,200 | £847,134 | £892,570 | £45,436 |
| Property Price € | €1,028,200 |
| Minimum cost in the last six months | £847,134 |
| Maximum cost in the last six months | £892,570 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £45,436 |
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 £45,436 more.
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