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Elegant and Stylish Living Spacious One Bedroom Apartments in Faro
Faro, Faro, Portugal, 8004-038
REF: 980625
€370,000
Description
Located in the heart of Faro, this newly built residential project offers contemporary urban living, blending comfort, thoughtful design, and outstanding energy efficiency. Just steps from the marina, the historic city centre, and key transport links, it provides a privileged lifestyle in one of the Algarve s most vibrant coastal destinations.
The development features a collection of well-appointed one, two, and three bedroom apartments, all designed with open-plan layouts, large balconies, and premium-quality finishes. Among them, the spacious one bedroom apartment stands out, offering approximately 91 m of internal living space. The seamless integration of the living, dining, and kitchen areas creates a bright and welcoming atmosphere, while two generous balconies extend the living space outdoors ideal for relaxing or entertaining under the Algarve sun.
The bedroom includes built-in storage and direct access to the balcony, enhancing both practicality and the connection to the outdoors. High-quality materials and finishes throughout, including bespoke carpentry and a fully equipped kitchen, reflect a refined attention to detail. Residents benefit from secure underground parking with electric vehicle charging stations, private storage rooms, lift access, and exclusive use of a rooftop terrace with a swimming pool boasting panoramic views over Faro and the Ria Formosa lagoon.
Sustainability is central to the project s design, with top-rated insulation, energy-efficient systems, and an A+ energy rating that supports both environmental responsibility and reduced utility costs. Whether as a primary residence, an investment property, or a stylish coastal retreat, these homes represent a perfect fusion of modern architecture, convenience, and quality of life in the heart of Faro.
Estimated Completion: Dec 2025
Located in the heart of Faro, this newly built residential project offers contemporary urban living, blending comfort, thoughtful design, and outstanding energy efficiency. Just steps from the marina, the historic city centre, and key transport links, it provides a privileged lifestyle in one of the Algarve s most vibrant coastal destinations.
The development features a collection of well-appointed one, two, and three bedroom apartments, all designed with open-plan layouts, large balconies, and premium-quality finishes. Among them, the spacious one bedroom apartment stands out, offering approximately 91 m of internal living space. The seamless integration of the living, dining, and kitchen areas creates a bright and welcoming atmosphere, while two generous balconies extend the living space outdoors ideal for relaxing or entertaining under the Algarve sun.
The bedroom includes built-in storage and direct access to the balcony, enhancing both practicality and the connection to the outdoors. High-quality materials and finishes throughout, including bespoke carpentry and a fully equipped kitchen, reflect a refined attention to detail. Residents benefit from secure underground parking with electric vehicle charging stations, private storage rooms, lift access, and exclusive use of a rooftop terrace with a swimming pool boasting panoramic views over Faro and the Ria Formosa lagoon.
Sustainability is central to the project s design, with top-rated insulation, energy-efficient systems, and an A+ energy rating that supports both environmental responsibility and reduced utility costs. Whether as a primary residence, an investment property, or a stylish coastal retreat, these homes represent a perfect fusion of modern architecture, convenience, and quality of life in the heart of Faro.
Estimated Completion: Dec 2025
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Currency Exchange
Faro, Faro, Portugal, 8004-038
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 €370,000 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 |
|---|---|---|---|
| €370,000 | £304,843 | £321,193 | £16,350 |
| Property Price € | €370,000 |
| Minimum cost in the last six months | £304,843 |
| Maximum cost in the last six months | £321,193 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,350 |
Faro, Faro, Portugal, 8004-038
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 €370,000 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 |
|---|---|---|---|
| €370,000 | £304,843 | £321,193 | £16,350 |
| Property Price € | €370,000 |
| Minimum cost in the last six months | £304,843 |
| Maximum cost in the last six months | £321,193 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,350 |
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 £16,350 more.
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