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Fully Renovated 2-Bedroom Apartment with Quality Finishes em Faro, Algarve
Faro, Faro, Portugal, 8000-123
REF: 996438
€450,000
Description
Fully renovated 2-bedroom apartment for sale in Faro, Algarve. Modern kitchen, quality finishes, central location near shops and transport. Move-in ready. This beautifully renovated 2-bedroom apartment in Faro offers a modern and comfortable living space, ideal for a permanent residence, a holiday getaway, or a rental investment. Fully refurbished in December 2024, the apartment is situated on the first floor of a quiet, low-rise building with only three floors.
Inside, the home features a spacious layout with laminate flooring throughout the main living areas, creating a clean and contemporary atmosphere. The kitchen has been completely modernised and is fully equipped with appliances, enhanced by water-resistant vinyl flooring that combines practicality with style. The bathroom is finished with ceramic flooring and a sleek, updated design, offering a fresh and functional space for daily use.
Every aspect of the property has been upgraded, including new plumbing and electrical systems, newly installed doors, and white aluminium windows that improve both insulation and natural light. A washer and dryer are also included for added convenience. The entrance is secured with a brand-new security door, offering both safety and peace of mind.
Located in a well-connected part of Faro, close to shops, services, and public transport, this move-in ready apartment has been finished to a high standard and offers both comfort and value in equal measure.
AlgarveProperty.com AMI: 2196 T.: +351 289 310 310
Fully renovated 2-bedroom apartment for sale in Faro, Algarve. Modern kitchen, quality finishes, central location near shops and transport. Move-in ready. This beautifully renovated 2-bedroom apartment in Faro offers a modern and comfortable living space, ideal for a permanent residence, a holiday getaway, or a rental investment. Fully refurbished in December 2024, the apartment is situated on the first floor of a quiet, low-rise building with only three floors.
Inside, the home features a spacious layout with laminate flooring throughout the main living areas, creating a clean and contemporary atmosphere. The kitchen has been completely modernised and is fully equipped with appliances, enhanced by water-resistant vinyl flooring that combines practicality with style. The bathroom is finished with ceramic flooring and a sleek, updated design, offering a fresh and functional space for daily use.
Every aspect of the property has been upgraded, including new plumbing and electrical systems, newly installed doors, and white aluminium windows that improve both insulation and natural light. A washer and dryer are also included for added convenience. The entrance is secured with a brand-new security door, offering both safety and peace of mind.
Located in a well-connected part of Faro, close to shops, services, and public transport, this move-in ready apartment has been finished to a high standard and offers both comfort and value in equal measure.
AlgarveProperty.com AMI: 2196 T.: +351 289 310 310
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Currency Exchange
Faro, Faro, Portugal, 8000-123
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £371,453 | £390,641 | £19,188 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £371,453 |
| Maximum cost in the last six months | £390,641 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,188 |
Faro, Faro, Portugal, 8000-123
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £371,453 | £390,641 | £19,188 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £371,453 |
| Maximum cost in the last six months | £390,641 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,188 |
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 £19,188 more.
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