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Exclusive Faro Penthouse: 3+1 Duplex with Rooftop Private Pool and Panoramic Views
Faro, Faro, Portugal, 8000-555
REF: 980623
€1,157,000
Description
This modern residential development in Faro offers a sophisticated collection of contemporary apartments and duplex penthouses, ideally positioned just minutes from the city centre, marina, and the stunning Ria Formosa. It combines striking architecture with smart design, creating a seamless balance between urban living and natural surroundings.
The development features one to four bedroom units, all thoughtfully designed with open-plan layouts, large balconies or private terraces, and high-quality finishes. Sustainability is a core focus, with each property boasting an A+ energy rating, solar panel integration, and electric vehicle charging stations in the secure underground parking area.
A standout opportunity remains: the final available 3+1 bedroom duplex penthouse. This exclusive residence delivers the ultimate in luxury and privacy, offering panoramic views over the Ria Formosa and a private rooftop terrace complete with a swimming pool and barbecue area. Spread across two levels, the home combines expansive outdoor living with spacious, light-filled interiors. It includes three generously sized en-suite bedrooms, a large open-plan living and dining area, and a versatile bonus room with floor-to-ceiling windows ideal as a home office, studio, or guest room. Crafted with premium materials and high-end appliances throughout, this penthouse also includes two secure underground parking spaces with EV charging.
With elegant design, a prime location, and top-tier amenities, this development presents a rare opportunity to own a refined and energy-efficient home in one of Faro s most desirable neighbourhoods.
Estimated Completion: Dec 2025
This modern residential development in Faro offers a sophisticated collection of contemporary apartments and duplex penthouses, ideally positioned just minutes from the city centre, marina, and the stunning Ria Formosa. It combines striking architecture with smart design, creating a seamless balance between urban living and natural surroundings.
The development features one to four bedroom units, all thoughtfully designed with open-plan layouts, large balconies or private terraces, and high-quality finishes. Sustainability is a core focus, with each property boasting an A+ energy rating, solar panel integration, and electric vehicle charging stations in the secure underground parking area.
A standout opportunity remains: the final available 3+1 bedroom duplex penthouse. This exclusive residence delivers the ultimate in luxury and privacy, offering panoramic views over the Ria Formosa and a private rooftop terrace complete with a swimming pool and barbecue area. Spread across two levels, the home combines expansive outdoor living with spacious, light-filled interiors. It includes three generously sized en-suite bedrooms, a large open-plan living and dining area, and a versatile bonus room with floor-to-ceiling windows ideal as a home office, studio, or guest room. Crafted with premium materials and high-end appliances throughout, this penthouse also includes two secure underground parking spaces with EV charging.
With elegant design, a prime location, and top-tier amenities, this development presents a rare opportunity to own a refined and energy-efficient home in one of Faro s most desirable neighbourhoods.
Estimated Completion: Dec 2025
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Currency Exchange
Faro, Faro, Portugal, 8000-555
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 €1,157,000 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 |
|---|---|---|---|
| €1,157,000 | £953,252 | £1,004,380 | £51,128 |
| Property Price € | €1,157,000 |
| Minimum cost in the last six months | £953,252 |
| Maximum cost in the last six months | £1,004,380 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £51,128 |
Faro, Faro, Portugal, 8000-555
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 €1,157,000 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 |
|---|---|---|---|
| €1,157,000 | £953,252 | £1,004,380 | £51,128 |
| Property Price € | €1,157,000 |
| Minimum cost in the last six months | £953,252 |
| Maximum cost in the last six months | £1,004,380 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £51,128 |
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 £51,128 more.
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