FARO - APARTMENT - 2 BEDROOMS - POOL

Faro, Algarve, Portugal

For Sale

€413,400

REF: 688016 €413,400


2

2024

Description

Magnificent 2 bedroom apartment, under construction, with communal swimming pool on the roof of the building, parking and storage room in the basement. Quality finishes and privileged location. 2 bedroom apartment, with quality finishes and rooftop pool. This property consists of a fully equipped kitchen with high-end appliances, in open-space with a very large living/dining room with access to a spacious balcony, where there is a laundry room equipped with washing machine and dryer. It also has two bedrooms equipped with air conditioning, one of them en suite and with a dressing room. There is also a full and common bathroom.

With parking and storage in the basement. The property is located in a privileged area of Faro, just a few minutes from downtown, the airport and Faro Beach, with easy access to the A22. It is close to several amenities and services such as supermarkets, cafes, market, schools, clinic and hospital.

The construction is in the initial stages of construction, with completion scheduled for December 2024. There are 13 T2 apartments available: Fraction F - 1st Floor - Apartment Gross Area: 130.18 m2 - 413.400,00 Fraction G and K - 2nd Floor - Apartment Gross Area: 130.16 m2 - 418.700,00 Fraction Q - 3rd Floor - Apartment Gross Area: 129.98 m2 - 424.000,00 Fraction T - 4th Floor - Gross area apartment: 133.92 m2 - 434.600,00 Fraction X, Z, AA and AC - 5th Floor - Apartment Gross Area: 129.96 m2 - 445.200,00 Fraction AD, AF, AG and AI - 6th Floor - Apartment Gross Area: 129.98 m2 - 455.800,00
Magnificent 2 bedroom apartment, under construction, with communal swimming pool on the roof of the building, parking and storage room in the basement. Quality finishes and privileged location. 2 bedroom apartment, with quality finishes and rooftop pool. This property consists of a fully equipped kitchen with high-end appliances, in open-space with a very large living/dining room with access to a spacious balcony, where there is a laundry room equipped with washing machine and dryer. It also has two bedrooms equipped with air conditioning, one of them en suite and with a dressing room. There is also a full and common bathroom.

With parking and storage in the basement. The property is located in a privileged area of Faro, just a few minutes from downtown, the airport and Faro Beach, with easy access to the A22. It is close to several amenities and services such as supermarkets, cafes, market, schools, clinic and hospital.

The construction is in the initial stages of construction, with completion scheduled for December 2024. There are 13 T2 apartments available: Fraction F - 1st Floor - Apartment Gross Area: 130.18 m2 - 413.400,00 Fraction G and K - 2nd Floor - Apartment Gross Area: 130.16 m2 - 418.700,00 Fraction Q - 3rd Floor - Apartment Gross Area: 129.98 m2 - 424.000,00 Fraction T - 4th Floor - Gross area apartment: 133.92 m2 - 434.600,00 Fraction X, Z, AA and AC - 5th Floor - Apartment Gross Area: 129.96 m2 - 445.200,00 Fraction AD, AF, AG and AI - 6th Floor - Apartment Gross Area: 129.98 m2 - 455.800,00
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Property on Map

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Currency Exchange

Faro, Algarve, Portugal

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 €413,400 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
€413,400 £342,423 £355,297 £12,873
Property Price € €413,400
Minimum cost in the last six months £342,423
Maximum cost in the last six months £355,297
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,873

Faro, Algarve, Portugal

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 €413,400 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
€413,400 £342,423 £355,297 £12,873
Property Price € €413,400
Minimum cost in the last six months £342,423
Maximum cost in the last six months £355,297
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,873

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 £12,873 more.

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