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Modern two-bedroom apartment in the exclusive Terra X private condominium, just a few minutes from Faro docks
Faro, Portugal
REF: 697385
€460,000
Description
Modern two-bedroom apartment in the exclusive Terra X private condominium, just a few minutes from Faro docks. With spacious rooms and excellent finishes, this property offers a sophisticated and comfortable living experience. The living and dining area stands out for its natural light and direct access to a generous balcony with open views. The contemporary and highly functional kitchen is equipped with Bosch appliances and minimalist design furniture. The two bedrooms were designed to ensure comfort and tranquillity, with wardrobes and large glazed openings that favour the entry of light. The bathrooms combine elegance and well-being, with underfloor heating and top-of-the-range vitreous china. Terra X includes private box-type garages with pre-installation for charging electric cars, individual storage rooms and state-of-the-art security systems such as fire and carbon monoxide detection. Located in the heart of Faro, the condominium is just a few steps from the docks, the historic centre (Vila-Adentro), renowned restaurants, designer shops and the city's main cultural sites. CHARACTERISTICS:Area: 139 m2 | 1 491 sq ftUseful area: 116 m2 | 1 253 sq ftBuilding Area: 139 m2 | 1 491 sq ftBedrooms: 2Bathrooms: 2Energy efficiency: AFEATURES:New apartment Private condominium Close to Faro docks City centre Balcony Private garage Individual storage room Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
Modern two-bedroom apartment in the exclusive Terra X private condominium, just a few minutes from Faro docks. With spacious rooms and excellent finishes, this property offers a sophisticated and comfortable living experience. The living and dining area stands out for its natural light and direct access to a generous balcony with open views. The contemporary and highly functional kitchen is equipped with Bosch appliances and minimalist design furniture. The two bedrooms were designed to ensure comfort and tranquillity, with wardrobes and large glazed openings that favour the entry of light. The bathrooms combine elegance and well-being, with underfloor heating and top-of-the-range vitreous china. Terra X includes private box-type garages with pre-installation for charging electric cars, individual storage rooms and state-of-the-art security systems such as fire and carbon monoxide detection. Located in the heart of Faro, the condominium is just a few steps from the docks, the historic centre (Vila-Adentro), renowned restaurants, designer shops and the city's main cultural sites. CHARACTERISTICS:Area: 139 m2 | 1 491 sq ftUseful area: 116 m2 | 1 253 sq ftBuilding Area: 139 m2 | 1 491 sq ftBedrooms: 2Bathrooms: 2Energy efficiency: AFEATURES:New apartment Private condominium Close to Faro docks City centre Balcony Private garage Individual storage room Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Currency Exchange
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 €460,000 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 |
|---|---|---|---|
| €460,000 | £379,666 | £399,321 | £19,656 |
| Property Price € | €460,000 |
| Minimum cost in the last six months | £379,666 |
| Maximum cost in the last six months | £399,321 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,656 |
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 €460,000 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 |
|---|---|---|---|
| €460,000 | £379,666 | £399,321 | £19,656 |
| Property Price € | €460,000 |
| Minimum cost in the last six months | £379,666 |
| Maximum cost in the last six months | £399,321 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,656 |
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 £19,656 more.
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