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Beautiful Triplex in Faro - Ideal for a Large Family! Discover this spacious triplex located in a developing area in Faro, offering generous spaces and excellent solar orientation, perfect for a large family or for investment purposes
Faro, Faro, Portugal
REF: 791208
€520,000
Description
Beautiful Triplex in Faro - Ideal for a Large Family! Discover this spacious triplex located in a developing area in Faro, offering generous spaces and excellent solar orientation, perfect for a large family or for investment purposes. Triplex Features: Ground Floor: You will find a large garage followed by a spacious living area, a fully equipped kitchen, a comfortable bedroom, and a bathroom. The living/dining room opens onto a beautiful sunny patio, ideal for outdoor relaxation. First Floor: You will discover a bright living room with a large balcony and an unobstructed view, three bedrooms, a kitchen, and a bathroom. Top Floor: This final level offers a spacious room with a fireplace, a bedroom, and a bathroom, providing a space for tranquility. Other Highlights: South-facing to enjoy natural light throughout the day. Close proximity to all amenities and major roadways for convenient daily living. Potential for horizontal property division, with each floor having its own entrance, offering additional flexibility for investors or multi-generational families. This triplex represents a rare opportunity in the Faro market, with a pleasant living environment and a privileged location. Schedule a visit now to discover for yourself the potential of this property! An opportunity not to be missed! For more information or to arrange a visit, please contact me. #ref: 112630
Beautiful Triplex in Faro - Ideal for a Large Family! Discover this spacious triplex located in a developing area in Faro, offering generous spaces and excellent solar orientation, perfect for a large family or for investment purposes. Triplex Features: Ground Floor: You will find a large garage followed by a spacious living area, a fully equipped kitchen, a comfortable bedroom, and a bathroom. The living/dining room opens onto a beautiful sunny patio, ideal for outdoor relaxation. First Floor: You will discover a bright living room with a large balcony and an unobstructed view, three bedrooms, a kitchen, and a bathroom. Top Floor: This final level offers a spacious room with a fireplace, a bedroom, and a bathroom, providing a space for tranquility. Other Highlights: South-facing to enjoy natural light throughout the day. Close proximity to all amenities and major roadways for convenient daily living. Potential for horizontal property division, with each floor having its own entrance, offering additional flexibility for investors or multi-generational families. This triplex represents a rare opportunity in the Faro market, with a pleasant living environment and a privileged location. Schedule a visit now to discover for yourself the potential of this property! An opportunity not to be missed! For more information or to arrange a visit, please contact me. #ref: 112630
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Currency Exchange
Faro, Faro, 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 €520,000 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 |
|---|---|---|---|
| €520,000 | £428,428 | £446,914 | £18,486 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £428,428 |
| Maximum cost in the last six months | £446,914 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,486 |
Faro, Faro, 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 €520,000 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 |
|---|---|---|---|
| €520,000 | £428,428 | £446,914 | £18,486 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £428,428 |
| Maximum cost in the last six months | £446,914 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,486 |
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 £18,486 more.
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