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Spacious 4 Bedroom Urban Retreat with Rooftop Pool in Faro
Faro, Faro, Portugal, 8004-038
REF: 981312
€625,000
Description
Located in the vibrant heart of Faro, this newly built residential project redefines contemporary urban living. With completion anticipated in December 2025, the development offers a rare opportunity to own a high-specification home just steps from the marina, historic city centre, and key transport connections delivering an exceptional lifestyle in one of the Algarve s most dynamic coastal cities.
The project comprises a selection of spacious one, two, three, and four bedroom apartments, each designed with open-plan layouts, expansive balconies, and elegant finishes. Every residence is fitted with modern comforts including underfloor heating, air conditioning, smart home systems, and premium kitchen appliances. Floor-to-ceiling windows ensure bright and airy interiors, with many units enjoying views over the cityscape or the Ria Formosa lagoon.
A standout feature of the development is the available four bedroom unit, offering generous proportions ideal for families or those seeking additional space for home working or entertaining. Featuring multiple balconies and high-end specifications throughout, it provides a rare blend of space, sophistication, and functionality in a central urban setting.
Residents benefit from a range of first-class amenities, including a rooftop terrace with a swimming pool and panoramic views, underground parking with electric vehicle charging stations, private storage rooms, and lift access to all floors.
Sustainability is a central focus, with energy-efficient technologies and top-grade insulation contributing to an A-rated energy performance, ensuring both environmental responsibility and reduced utility costs.
Perfect for year-round living, a stylish second home, or a smart investment, this development offers a timeless fusion of modern architecture, lifestyle convenience, and access to the cultural and natural charms of Faro.
Estimated Completion: Dec 2025
Located in the vibrant heart of Faro, this newly built residential project redefines contemporary urban living. With completion anticipated in December 2025, the development offers a rare opportunity to own a high-specification home just steps from the marina, historic city centre, and key transport connections delivering an exceptional lifestyle in one of the Algarve s most dynamic coastal cities.
The project comprises a selection of spacious one, two, three, and four bedroom apartments, each designed with open-plan layouts, expansive balconies, and elegant finishes. Every residence is fitted with modern comforts including underfloor heating, air conditioning, smart home systems, and premium kitchen appliances. Floor-to-ceiling windows ensure bright and airy interiors, with many units enjoying views over the cityscape or the Ria Formosa lagoon.
A standout feature of the development is the available four bedroom unit, offering generous proportions ideal for families or those seeking additional space for home working or entertaining. Featuring multiple balconies and high-end specifications throughout, it provides a rare blend of space, sophistication, and functionality in a central urban setting.
Residents benefit from a range of first-class amenities, including a rooftop terrace with a swimming pool and panoramic views, underground parking with electric vehicle charging stations, private storage rooms, and lift access to all floors.
Sustainability is a central focus, with energy-efficient technologies and top-grade insulation contributing to an A-rated energy performance, ensuring both environmental responsibility and reduced utility costs.
Perfect for year-round living, a stylish second home, or a smart investment, this development offers a timeless fusion of modern architecture, lifestyle convenience, and access to the cultural and natural charms 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 €625,000 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 |
|---|---|---|---|
| €625,000 | £514,938 | £542,556 | £27,619 |
| Property Price € | €625,000 |
| Minimum cost in the last six months | £514,938 |
| Maximum cost in the last six months | £542,556 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,619 |
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 €625,000 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 |
|---|---|---|---|
| €625,000 | £514,938 | £542,556 | £27,619 |
| Property Price € | €625,000 |
| Minimum cost in the last six months | £514,938 |
| Maximum cost in the last six months | £542,556 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,619 |
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 £27,619 more.
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