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Timeless Three Bedroom Apartment with Balconies and Rooftop Pool in Faro
Faro, Faro, Portugal, 8004-038
REF: 981311
€575,000
Description
Set in the heart of Faro, this newly built development offers a refined take on contemporary city living, blending sophisticated design with everyday comfort and energy efficiency. Just steps from the marina, the historic city centre, and key transport links, it promises an enviable lifestyle in one of the Algarve s most sought-after coastal cities.
The development comprises a collection of spacious one, two, and three bedroom apartments, each carefully crafted with open-plan interiors, generous balconies, and high-quality finishes. Designed for modern living, every unit is equipped with underfloor heating, air conditioning, premium kitchen appliances, and integrated smart home systems. Floor-to-ceiling windows flood each space with natural light, offering captivating views over Faro or the Ria Formosa lagoon.
This exceptional three bedroom apartment spans approximately 145 m of internal space, providing a seamless blend of luxury and practicality. The expansive open-plan living, dining, and kitchen area opens onto two large balconies perfect for entertaining or enjoying the Algarve s year-round sunshine. The master suite includes a stylish en suite bathroom, while the two additional bedrooms share a well-appointed family bathroom. All bedrooms feature built-in wardrobes and direct access to the balconies, enhancing the indoor-outdoor connection.
Adding to its appeal, the apartment comes with secure underground parking for two vehicles, along with a private storage room ensuring convenience and peace of mind. Residents also enjoy access to a rooftop terrace with a swimming pool and panoramic views over the city and coast.
Sustainability lies at the core of the development s design, with advanced insulation and energy-efficient systems contributing to an A-rated performance and reduced energy consumption.
Whether as a full-time residence, a stylish holiday home, or a high-quality investment, this home delivers timeless elegance, contemporary comfort, and a central Faro location that s second to none.
Estimated Completion: Dec 2025
Set in the heart of Faro, this newly built development offers a refined take on contemporary city living, blending sophisticated design with everyday comfort and energy efficiency. Just steps from the marina, the historic city centre, and key transport links, it promises an enviable lifestyle in one of the Algarve s most sought-after coastal cities.
The development comprises a collection of spacious one, two, and three bedroom apartments, each carefully crafted with open-plan interiors, generous balconies, and high-quality finishes. Designed for modern living, every unit is equipped with underfloor heating, air conditioning, premium kitchen appliances, and integrated smart home systems. Floor-to-ceiling windows flood each space with natural light, offering captivating views over Faro or the Ria Formosa lagoon.
This exceptional three bedroom apartment spans approximately 145 m of internal space, providing a seamless blend of luxury and practicality. The expansive open-plan living, dining, and kitchen area opens onto two large balconies perfect for entertaining or enjoying the Algarve s year-round sunshine. The master suite includes a stylish en suite bathroom, while the two additional bedrooms share a well-appointed family bathroom. All bedrooms feature built-in wardrobes and direct access to the balconies, enhancing the indoor-outdoor connection.
Adding to its appeal, the apartment comes with secure underground parking for two vehicles, along with a private storage room ensuring convenience and peace of mind. Residents also enjoy access to a rooftop terrace with a swimming pool and panoramic views over the city and coast.
Sustainability lies at the core of the development s design, with advanced insulation and energy-efficient systems contributing to an A-rated performance and reduced energy consumption.
Whether as a full-time residence, a stylish holiday home, or a high-quality investment, this home delivers timeless elegance, contemporary comfort, and a central Faro location that s second to none.
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 €575,000 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 |
|---|---|---|---|
| €575,000 | £473,743 | £499,152 | £25,409 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £473,743 |
| Maximum cost in the last six months | £499,152 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,409 |
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 €575,000 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 |
|---|---|---|---|
| €575,000 | £473,743 | £499,152 | £25,409 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £473,743 |
| Maximum cost in the last six months | £499,152 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,409 |
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 £25,409 more.
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