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Imagine living in a place where the sea and nature meet every day outside your window
União das Freguesias de Moncarapacho e Fuseta, Faro, Portugal
REF: 969803
€420,000
Description
Imagine living in a place where the sea and nature meet every day outside your window. Where the sunset paints the Ria Formosa with golden tones and Fuseta beach is just a 10-minute walk away. These new 2-bedroom apartments, currently under construction, offer exactly that the perfect balance between tranquility, comfort and prime location. In a gated community, with a swimming pool and leisure area, each apartment was designed to provide quality of life. The areas are spacious, with sizes ranging from 103.70sqm to 143.52sqm, ideal for living or spending holidays in complete comfort. The kitchens are fully equipped with modern appliances and natural stone countertops, and both the living room and bedrooms have LG air conditioning. The bathrooms stand out for their contemporary design, with suspended fixtures, and all units include a parking space and storage room in the basement. Each balcony invites you to contemplate the sunset over the Ria a scene that transforms late afternoons into truly special moments. And because efficiency also matters, these apartments come equipped with solar panels for water heating and have an A+ energy rating, ensuring more sustainable and economical use. The work is scheduled for completion in June 2026 and this is one of the last opportunities to acquire one of these exclusive units. Whether for permanent residence or to enjoy as a holiday home or investment, these apartments are a safe and inspiring bet in the heart of the Algarve.
Imagine living in a place where the sea and nature meet every day outside your window. Where the sunset paints the Ria Formosa with golden tones and Fuseta beach is just a 10-minute walk away. These new 2-bedroom apartments, currently under construction, offer exactly that the perfect balance between tranquility, comfort and prime location. In a gated community, with a swimming pool and leisure area, each apartment was designed to provide quality of life. The areas are spacious, with sizes ranging from 103.70sqm to 143.52sqm, ideal for living or spending holidays in complete comfort. The kitchens are fully equipped with modern appliances and natural stone countertops, and both the living room and bedrooms have LG air conditioning. The bathrooms stand out for their contemporary design, with suspended fixtures, and all units include a parking space and storage room in the basement. Each balcony invites you to contemplate the sunset over the Ria a scene that transforms late afternoons into truly special moments. And because efficiency also matters, these apartments come equipped with solar panels for water heating and have an A+ energy rating, ensuring more sustainable and economical use. The work is scheduled for completion in June 2026 and this is one of the last opportunities to acquire one of these exclusive units. Whether for permanent residence or to enjoy as a holiday home or investment, these apartments are a safe and inspiring bet in the heart of the Algarve.
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Currency Exchange
União das Freguesias de Moncarapacho e Fuseta, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £346,651 | £364,598 | £17,947 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £346,651 |
| Maximum cost in the last six months | £364,598 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,947 |
União das Freguesias de Moncarapacho e Fuseta, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £346,651 | £364,598 | £17,947 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £346,651 |
| Maximum cost in the last six months | £364,598 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,947 |
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 £17,947 more.
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