A brand-new luxury contemporary residence in Faro in final construction phase

Faro, Faro, Portugal, 8005-185

For Sale

€630,000

REF: 737158 €630,000


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Description

A stunning contemporary townhouse located in one of Faro€™s most convenient and well-respected neighbourhoods. Built over three storeys plus private parking in carport, rooftop terrace, personal plunge pool, decked patio, balcony, and terrace. Three bedrooms of which two are ensuite and all have integrated wardrobes.

Additional basement rooms, suitable for a variety of uses plus an extra bedroom on this floor. Located in the Faro district of Gambelas, this stunning townhouse that is currently in the final stages of construction is conveniently located to the University, Private Healthcare Centre and only a short drive to the Airport, beaches and thriving city centre. Laid out over three floors plus a stunning rooftop terrace with views across the surrounding area, this wonderful property will be perfect as a permanent residence as it will feature parking, additional basement space for storage or potentially as a gym, home cinema, atelier and an extra bedroom and bathroom. O the first floor there are three formal bedrooms of which two have modern ensuite facilities.

Each has integrated wardrobes, and all will have access to a balcony, terrace, or panoramic glazing. On the ground level will be a large €˜L Shaped€™ living space with plenty of room for relaxed living, dining and entertaining. There€™s also a beautiful designer kitchen with integrated appliances and full height cabinetry, designed to hide appliances and clutter.

A large servery style top hinged window will open onto the pool deck, as will a patio door from the living area. Outside spaces will also match the contemporary design of the interior. Fine materials and neutral colour schemes will shine in the Algarve sunshine. Low maintenance and low water usage spaces will lead to a plunge pool for summer dips and shaded dining areas will be the perfect place for the family to gather at the end of the working day. Faro is the Capital of the Algarve region on the south coast of Portugal and has one of the most beautiful walled-in old towns of the Algarve with an impressive Cathedral and some excellent traditional Portuguese restaurants and cafes.

The old city lies within a few minutes walk to the Faro Marina and coastline where boats can be chartered to head off to the golden sandy islands and Ria Formosa natural marine reserve.  Faro is an important University town, and Faro's International Airport is where most residents and holidays makers pass through.

The excellent high-speed Alfa and Intercity trains leave and arrive in Faro and link directly with the heart of Lisbon, as well as the Algarve train which slowly passes through on its scenic route.  The local shops are diverse and the Algarve Forum Shopping Centre. Main public and private Hospitals, Theatres and cultural centres all add to the importance and attraction of this busy city. 
A stunning contemporary townhouse located in one of Faro€™s most convenient and well-respected neighbourhoods. Built over three storeys plus private parking in carport, rooftop terrace, personal plunge pool, decked patio, balcony, and terrace. Three bedrooms of which two are ensuite and all have integrated wardrobes.

Additional basement rooms, suitable for a variety of uses plus an extra bedroom on this floor. Located in the Faro district of Gambelas, this stunning townhouse that is currently in the final stages of construction is conveniently located to the University, Private Healthcare Centre and only a short drive to the Airport, beaches and thriving city centre. Laid out over three floors plus a stunning rooftop terrace with views across the surrounding area, this wonderful property will be perfect as a permanent residence as it will feature parking, additional basement space for storage or potentially as a gym, home cinema, atelier and an extra bedroom and bathroom. O the first floor there are three formal bedrooms of which two have modern ensuite facilities.

Each has integrated wardrobes, and all will have access to a balcony, terrace, or panoramic glazing. On the ground level will be a large €˜L Shaped€™ living space with plenty of room for relaxed living, dining and entertaining. There€™s also a beautiful designer kitchen with integrated appliances and full height cabinetry, designed to hide appliances and clutter.

A large servery style top hinged window will open onto the pool deck, as will a patio door from the living area. Outside spaces will also match the contemporary design of the interior. Fine materials and neutral colour schemes will shine in the Algarve sunshine. Low maintenance and low water usage spaces will lead to a plunge pool for summer dips and shaded dining areas will be the perfect place for the family to gather at the end of the working day. Faro is the Capital of the Algarve region on the south coast of Portugal and has one of the most beautiful walled-in old towns of the Algarve with an impressive Cathedral and some excellent traditional Portuguese restaurants and cafes.

The old city lies within a few minutes walk to the Faro Marina and coastline where boats can be chartered to head off to the golden sandy islands and Ria Formosa natural marine reserve.  Faro is an important University town, and Faro's International Airport is where most residents and holidays makers pass through.

The excellent high-speed Alfa and Intercity trains leave and arrive in Faro and link directly with the heart of Lisbon, as well as the Algarve train which slowly passes through on its scenic route.  The local shops are diverse and the Algarve Forum Shopping Centre. Main public and private Hospitals, Theatres and cultural centres all add to the importance and attraction of this busy city. 
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Property on Map

#CN10190

Currency Exchange

Faro, Faro, Portugal, 8005-185

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 €630,000 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
€630,000 £535,935 £551,521 £15,586
Property Price € €630,000
Minimum cost in the last six months £535,935
Maximum cost in the last six months £551,521
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,586

Faro, Faro, Portugal, 8005-185

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 €630,000 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
€630,000 £535,935 £551,521 £15,586
Property Price € €630,000
Minimum cost in the last six months £535,935
Maximum cost in the last six months £551,521
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,586

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 £15,586 more.

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