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Luxury in the Heart of Faro: Exclusive Apartment with Ria Formosa Views
Faro, Faro, Portugal, 8800-022
REF: 790481
€1,290,000
Description
This unique property offers a perfect blend of stylish design, natural beauty, and a prime location, making it the ideal choice for those seeking comfort and an exclusive lifestyle. Upon entering this impeccably designed home, you'll be welcomed by a foyer leading to a spacious open-concept living and dining area. The large windows unveil a breathtaking panoramic view of Ria Formosa, one of Portugal's most beautiful natural reserves, filling the spaces with natural light and a warm atmosphere. The distinctive layout of five bedrooms, with two adapted into "TV and Office" spaces, stands out for its versatility. Three private suites and an additional bathroom provide maximum comfort and privacy for residents. Every detail has been carefully considered, featuring high-quality finishes with special attention to functionality and aesthetics. The modern kitchen, with a central island, is fully equipped with state-of-the-art Bosch appliances and offers ample storage space. The apartment, sold fully furnished, invites you to a luxurious and worry-free lifestyle. Additionally, enjoy the convenience of three parking spaces and storage in the basement, providing security and organisation. The property is equipped with air conditioning, heating radiators in the living room, and a fireplace, creating cozy environments year-round. Located in a privileged region, this apartment is within walking distance of Faro's historic downtown, providing easy access to a rich cultural offering, gourmet restaurants, exclusive shops, and a vibrant atmosphere. Explore charming cobblestone streets and indulge in a variety of cultural and leisure activities. This is a unique opportunity to live in the height of luxury, combining elegance, comfort, and an enviable location. Contact us now to schedule a meeting and dive into the details of this stunning property. We share business with all real estate consultants or agencies with AMI licenses, believing that together we can offer an even more comprehensive service to our clients. Industry professionals, don't hesitate to contact us to schedule a visit, as this property is in exclusive, ensuring a service of excellence.
This unique property offers a perfect blend of stylish design, natural beauty, and a prime location, making it the ideal choice for those seeking comfort and an exclusive lifestyle. Upon entering this impeccably designed home, you'll be welcomed by a foyer leading to a spacious open-concept living and dining area. The large windows unveil a breathtaking panoramic view of Ria Formosa, one of Portugal's most beautiful natural reserves, filling the spaces with natural light and a warm atmosphere. The distinctive layout of five bedrooms, with two adapted into "TV and Office" spaces, stands out for its versatility. Three private suites and an additional bathroom provide maximum comfort and privacy for residents. Every detail has been carefully considered, featuring high-quality finishes with special attention to functionality and aesthetics. The modern kitchen, with a central island, is fully equipped with state-of-the-art Bosch appliances and offers ample storage space. The apartment, sold fully furnished, invites you to a luxurious and worry-free lifestyle. Additionally, enjoy the convenience of three parking spaces and storage in the basement, providing security and organisation. The property is equipped with air conditioning, heating radiators in the living room, and a fireplace, creating cozy environments year-round. Located in a privileged region, this apartment is within walking distance of Faro's historic downtown, providing easy access to a rich cultural offering, gourmet restaurants, exclusive shops, and a vibrant atmosphere. Explore charming cobblestone streets and indulge in a variety of cultural and leisure activities. This is a unique opportunity to live in the height of luxury, combining elegance, comfort, and an enviable location. Contact us now to schedule a meeting and dive into the details of this stunning property. We share business with all real estate consultants or agencies with AMI licenses, believing that together we can offer an even more comprehensive service to our clients. Industry professionals, don't hesitate to contact us to schedule a visit, as this property is in exclusive, ensuring a service of excellence.
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Currency Exchange
Faro, Faro, Portugal, 8800-022
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 €1,290,000 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 |
|---|---|---|---|
| €1,290,000 | £1,097,390 | £1,130,737 | £33,347 |
| Property Price € | €1,290,000 |
| Minimum cost in the last six months | £1,097,390 |
| Maximum cost in the last six months | £1,130,737 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,347 |
Faro, Faro, Portugal, 8800-022
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 €1,290,000 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 |
|---|---|---|---|
| €1,290,000 | £1,097,390 | £1,130,737 | £33,347 |
| Property Price € | €1,290,000 |
| Minimum cost in the last six months | £1,097,390 |
| Maximum cost in the last six months | £1,130,737 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,347 |
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 £33,347 more.
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