2-bedroom apartment | Spacious and bright | Storage room | Elevator | Penha | Faro

Faro, Faro, Portugal, 8000-138

For Sale

€355,000

REF: 999742 €355,000


2

2

Description

Are you looking for an apartment where space, natural light and a convenient location come together? You have just found your new home. This two-bedroom apartment in Penha, Faro, stands out for its generous dimensions. 113.17 m of gross private area and 140 m of total area. An unusual space for a two-bedroom apartment, which easily rivals many three-bedroom apartments, offering extra comfort for the whole family.

Located opposite the University of the Algarve and just a few minutes' walk from everything you need on a daily basis: supermarkets, schools, pharmacies, hospital and a variety of cafés and services. Life here is made convenient by having everything close by. In addition, its privileged location next to the university makes it an excellent investment for profitability.

Discover the details that make the difference: Spacious and Well-Distributed Areas: With 113.17 m of gross private area and an additional 26.09 m of gross dependent area, this apartment offers a feeling of space and freedom. Intense Natural Light: Enjoy an apartment with excellent sun exposure on three sides, ensuring abundant natural light in several rooms throughout the day.

Cosy and Functional Entrance Hall: Provides access to a large pantry with cupboards, perfectly equipped to function as a laundry room, adding an extra convenience that is rare in apartments. Large Living Room with Fireplace: A generous space for socialising, with a fireplace that creates a cosy atmosphere and access to a balcony with unobstructed views.

Practical Kitchen: Semi-equipped kitchen with access to the balcony. Two Bedrooms with Built-in Wardrobes, one of which is en-suite and has extra storage space. Two full bathrooms. Extra Storage Space: The property has a storage room in the basement of the building, an added bonus for your storage needs.

It has double glazing and electric shutters that ensure thermal and acoustic comfort, and the building has two lifts. This apartment is ideal both for those looking for a home with space, light and the practicality of living in a central area of Faro without depending on a car, and for investors looking for a property with high potential for profitability.

📞 Don't miss this opportunity! Contact us to schedule your visit and feel the potential of living in this exceptional two-bedroom apartment. At KW Flash, we offer complete support in the financing process through a credit intermediary authorised by the Bank of Portugal. We share business with all AMI-licensed real estate consultants.

If you are a professional in the sector and have a qualified client, please contact us. This property is listed exclusively with us to ensure excellent service from start to finish.
Are you looking for an apartment where space, natural light and a convenient location come together? You have just found your new home. This two-bedroom apartment in Penha, Faro, stands out for its generous dimensions. 113.17 m of gross private area and 140 m of total area. An unusual space for a two-bedroom apartment, which easily rivals many three-bedroom apartments, offering extra comfort for the whole family.

Located opposite the University of the Algarve and just a few minutes' walk from everything you need on a daily basis: supermarkets, schools, pharmacies, hospital and a variety of cafés and services. Life here is made convenient by having everything close by. In addition, its privileged location next to the university makes it an excellent investment for profitability.

Discover the details that make the difference: Spacious and Well-Distributed Areas: With 113.17 m of gross private area and an additional 26.09 m of gross dependent area, this apartment offers a feeling of space and freedom. Intense Natural Light: Enjoy an apartment with excellent sun exposure on three sides, ensuring abundant natural light in several rooms throughout the day.

Cosy and Functional Entrance Hall: Provides access to a large pantry with cupboards, perfectly equipped to function as a laundry room, adding an extra convenience that is rare in apartments. Large Living Room with Fireplace: A generous space for socialising, with a fireplace that creates a cosy atmosphere and access to a balcony with unobstructed views.

Practical Kitchen: Semi-equipped kitchen with access to the balcony. Two Bedrooms with Built-in Wardrobes, one of which is en-suite and has extra storage space. Two full bathrooms. Extra Storage Space: The property has a storage room in the basement of the building, an added bonus for your storage needs.

It has double glazing and electric shutters that ensure thermal and acoustic comfort, and the building has two lifts. This apartment is ideal both for those looking for a home with space, light and the practicality of living in a central area of Faro without depending on a car, and for investors looking for a property with high potential for profitability.

📞 Don't miss this opportunity! Contact us to schedule your visit and feel the potential of living in this exceptional two-bedroom apartment. At KW Flash, we offer complete support in the financing process through a credit intermediary authorised by the Bank of Portugal. We share business with all AMI-licensed real estate consultants.

If you are a professional in the sector and have a qualified client, please contact us. This property is listed exclusively with us to ensure excellent service from start to finish.
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Property on Map

#KWPT-018699

Currency Exchange

Faro, Faro, Portugal, 8000-138

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 €355,000 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
€355,000 £293,035 £308,179 £15,144
Property Price € €355,000
Minimum cost in the last six months £293,035
Maximum cost in the last six months £308,179
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,144

Faro, Faro, Portugal, 8000-138

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 €355,000 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
€355,000 £293,035 £308,179 £15,144
Property Price € €355,000
Minimum cost in the last six months £293,035
Maximum cost in the last six months £308,179
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,144

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 £15,144 more.

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