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Brand new Five bedroom apartments in Faro, Algarve
Faro, Faro, Portugal, 8005-328
REF: 709817
€2,300,000
Description
Located in a privileged area of Faro, with an unobstructed view over the Ria Formosa, in a modern urbanization, in a contemporary context of prestige, calm and with several green and leisure spaces. Located in a privileged area of Faro, with panoramic views over the Ria Formosa, in a modern urbanization, in a contemporary context of prestige, calm and with several green and leisure spaces, the building aims to be a landmark for its difference, combining nature, private outdoor spaces and providing a real quality of life, a true icon.
It is located next to the theater and riverside promenade, schools, hypermarkets and the Fórum Algarve shopping center, but still with a central location with easy access on foot to the center of Faro and the marina.
It is currently one of the most sought-after locations to live in Faro.
The development has 7 floors, with a total commercial space on the ground floor, a swimming pool and common living area on the roof, and two general basements. The development has two elevators.
5-bedroom PENTHOUSE apartment with 547 sq.m. of total construction area and closed garage in BOX. Vehicles enter via an exclusive ramp in the building and two automatic gates with remote control.
The apartment has a fully equipped kitchen and laundry area and is equipped with double glazing, electric shutters, central vacuum, air conditioning and solar panels.
Excellent investment opportunity.
Beautiful apartments for permanent residence or holidays that are worth a visit...
AlgarveProperty.com - AMI: 2196 - T.: 00351289310310
Located in a privileged area of Faro, with an unobstructed view over the Ria Formosa, in a modern urbanization, in a contemporary context of prestige, calm and with several green and leisure spaces. Located in a privileged area of Faro, with panoramic views over the Ria Formosa, in a modern urbanization, in a contemporary context of prestige, calm and with several green and leisure spaces, the building aims to be a landmark for its difference, combining nature, private outdoor spaces and providing a real quality of life, a true icon.
It is located next to the theater and riverside promenade, schools, hypermarkets and the Fórum Algarve shopping center, but still with a central location with easy access on foot to the center of Faro and the marina.
It is currently one of the most sought-after locations to live in Faro.
The development has 7 floors, with a total commercial space on the ground floor, a swimming pool and common living area on the roof, and two general basements. The development has two elevators.
5-bedroom PENTHOUSE apartment with 547 sq.m. of total construction area and closed garage in BOX. Vehicles enter via an exclusive ramp in the building and two automatic gates with remote control.
The apartment has a fully equipped kitchen and laundry area and is equipped with double glazing, electric shutters, central vacuum, air conditioning and solar panels.
Excellent investment opportunity.
Beautiful apartments for permanent residence or holidays that are worth a visit...
AlgarveProperty.com - AMI: 2196 - T.: 00351289310310
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Property on Map
Currency Exchange
Faro, Faro, Portugal, 8005-328
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 €2,300,000 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 |
|---|---|---|---|
| €2,300,000 | £1,898,328 | £1,996,607 | £98,279 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,898,328 |
| Maximum cost in the last six months | £1,996,607 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £98,279 |
Faro, Faro, Portugal, 8005-328
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 €2,300,000 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 |
|---|---|---|---|
| €2,300,000 | £1,898,328 | £1,996,607 | £98,279 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,898,328 |
| Maximum cost in the last six months | £1,996,607 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £98,279 |
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 £98,279 more.
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