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Apartment T5 Sell in Faro (S e S o Pedro),Faro
Faro, Portugal
REF: 750603
€2,300,000
Description
Come and discover this extraordinary penthouse a true showcase of luxury, comfort, and sophistication!Located on the seventh floor of a building in the heart of the Algarve's capital, this spectacular apartment offers everything you could wish for: five bedrooms, two living rooms, a private rooftop terrace with swimming pool, storage room, and a private box garage. The apartment features: An elegant entrance hall A suite with access to a balcony A fully equipped kitchen with high-end, modern materials and access to a laundry room A spacious open-plan living and dining area with a balcony and barbecue A guest bathroom Another suite with balcony and a breathtaking view over the Ria FormosaSeparated by a sliding door, you ll find a spectacular lounge of over 60 m , with access to a west-facing balcony with barbecue and panoramic views of the city, mountains, and Ria Formosa. This wing also includes: A suite with balcony access A hallway with a second guest bathroom A bedroom of over 20 m with access to the balcony A luxurious suite of more than 50 m with dual access to east- and west-facing balconiesUpstairs, accessible via an internal wooden staircase, lies the stunning private rooftop terrace with a private pool and unobstructed views over the city, the mountains, and the Ria Formosa the perfect place to relax and enjoy the beauty of urban life, where you can witness the Algarve s unforgettable sunrises and sunsets.All this just a short walking distance from everything you need shops, services, restaurants, and more.For your complete convenience, the property also includes: A storage room A private closed garage box of over 35 m in the basement.Contact us today it will be a pleasure to show you this gem in the heart of Faro.
Come and discover this extraordinary penthouse a true showcase of luxury, comfort, and sophistication!Located on the seventh floor of a building in the heart of the Algarve's capital, this spectacular apartment offers everything you could wish for: five bedrooms, two living rooms, a private rooftop terrace with swimming pool, storage room, and a private box garage. The apartment features: An elegant entrance hall A suite with access to a balcony A fully equipped kitchen with high-end, modern materials and access to a laundry room A spacious open-plan living and dining area with a balcony and barbecue A guest bathroom Another suite with balcony and a breathtaking view over the Ria FormosaSeparated by a sliding door, you ll find a spectacular lounge of over 60 m , with access to a west-facing balcony with barbecue and panoramic views of the city, mountains, and Ria Formosa. This wing also includes: A suite with balcony access A hallway with a second guest bathroom A bedroom of over 20 m with access to the balcony A luxurious suite of more than 50 m with dual access to east- and west-facing balconiesUpstairs, accessible via an internal wooden staircase, lies the stunning private rooftop terrace with a private pool and unobstructed views over the city, the mountains, and the Ria Formosa the perfect place to relax and enjoy the beauty of urban life, where you can witness the Algarve s unforgettable sunrises and sunsets.All this just a short walking distance from everything you need shops, services, restaurants, and more.For your complete convenience, the property also includes: A storage room A private closed garage box of over 35 m in the basement.Contact us today it will be a pleasure to show you this gem in the heart of Faro.
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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 €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 | £1,898,535 | £2,013,236 | £114,701 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,898,535 |
| Maximum cost in the last six months | £2,013,236 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £114,701 |
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 €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 | £1,898,535 | £2,013,236 | £114,701 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,898,535 |
| Maximum cost in the last six months | £2,013,236 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £114,701 |
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 £114,701 more.
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