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Timeless Elegance Meets Modern Comfort - Three Bedroom Apartments in Faro
Faro, Faro, Portugal, 8000-555
REF: 980624
€581,000
Description
This modern residential development in Faro offers a timeless blend of contemporary design, comfort, and sustainability. Ideally located just minutes from the city centre, marina, and the scenic Ria Formosa, it presents an exceptional opportunity to enjoy elegant coastal living in one of the Algarve s most sought-after neighbourhoods.
Among the available properties is a beautifully crafted three bedroom apartment that offers generous living space and refined finishes throughout. Thoughtfully designed for modern lifestyles, the open-plan living and dining area flows effortlessly onto a spacious private terrace perfect for al fresco dining or simply unwinding in the warm Algarve evenings. Large windows flood the interior with natural light, accentuating the apartment s high-quality materials and elegant detailing.
The layout includes three well-proportioned bedrooms, two of which feature en suite bathrooms, ensuring both comfort and privacy for residents and guests. A dedicated laundry and storage room enhances everyday functionality. The apartment also comes with two secure underground parking spaces, each fitted with electric vehicle charging stations. With a total area of 185 m and priced at 581,000, this property combines timeless design, practicality, and a premium location making it an ideal choice for families or anyone seeking a spacious long-term residence in Faro.
All homes in the development are built with energy efficiency in mind, earning an A+ energy rating, and are equipped with features such as solar panels and smart climate control. Additional amenities include lift access, private storage rooms, and a gated entrance with video intercom, offering both convenience and peace of mind.
Whether as a primary home, a stylish retreat, or a secure investment, this development represents a rare opportunity to enjoy enduring quality and contemporary living in the heart of the Algarve.
Estimated Completion: Dec 2025
This modern residential development in Faro offers a timeless blend of contemporary design, comfort, and sustainability. Ideally located just minutes from the city centre, marina, and the scenic Ria Formosa, it presents an exceptional opportunity to enjoy elegant coastal living in one of the Algarve s most sought-after neighbourhoods.
Among the available properties is a beautifully crafted three bedroom apartment that offers generous living space and refined finishes throughout. Thoughtfully designed for modern lifestyles, the open-plan living and dining area flows effortlessly onto a spacious private terrace perfect for al fresco dining or simply unwinding in the warm Algarve evenings. Large windows flood the interior with natural light, accentuating the apartment s high-quality materials and elegant detailing.
The layout includes three well-proportioned bedrooms, two of which feature en suite bathrooms, ensuring both comfort and privacy for residents and guests. A dedicated laundry and storage room enhances everyday functionality. The apartment also comes with two secure underground parking spaces, each fitted with electric vehicle charging stations. With a total area of 185 m and priced at 581,000, this property combines timeless design, practicality, and a premium location making it an ideal choice for families or anyone seeking a spacious long-term residence in Faro.
All homes in the development are built with energy efficiency in mind, earning an A+ energy rating, and are equipped with features such as solar panels and smart climate control. Additional amenities include lift access, private storage rooms, and a gated entrance with video intercom, offering both convenience and peace of mind.
Whether as a primary home, a stylish retreat, or a secure investment, this development represents a rare opportunity to enjoy enduring quality and contemporary living in the heart of the Algarve.
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 €581,000 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 |
|---|---|---|---|
| €581,000 | £478,686 | £504,360 | £25,674 |
| Property Price € | €581,000 |
| Minimum cost in the last six months | £478,686 |
| Maximum cost in the last six months | £504,360 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,674 |
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 €581,000 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 |
|---|---|---|---|
| €581,000 | £478,686 | £504,360 | £25,674 |
| Property Price € | €581,000 |
| Minimum cost in the last six months | £478,686 |
| Maximum cost in the last six months | £504,360 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,674 |
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 £25,674 more.
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