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Terraços do Mocho apartments Portimão
Portimão, Faro, Portugal
REF: 792993
€320,000
Description
Immerse yourself in the enchantment of Portimão, the gem of the Algarve. Delight in pristine beaches, a bustling marina, and a lively promenade teeming with shops and restaurants. Indulge in the flavors of fresh seafood and local delicacies at the markets. Uncover historical landmarks such as the iconic Fort of Santa Catarina and dance the night away in trendy clubs. With its warm climate and welcoming ambiance, Portimão is the perfect destination to escape to. Introducing Terraços do Mocho, a private development nestled in the tranquil area of Cabeço do Mocho, Sesmarias, Portimão. This exquisite project consists of three buildings, each spanning three floors with a basement, housing a total of 21 luxurious dwellings. The development will be executed in three phases, ensuring a smooth progression.
Terraços do Mocho offers exclusive T2 + 1 apartments, providing a sense of exclusivity with limited availability. These well-designed residences are bathed in natural light and feature spacious living areas complemented by spacious panoramic terraces and balconies (8 to 60 m2), offering unobstructed views of the mountains and sea.
Each apartment includes 1 or 2 parking spaces in the basement, accessible by elevator. The second-floor apartments have the added bonus of a rooftop terrace, accessible from within the apartment itself, allowing residents to enjoy the serene surroundings and the possibility of installing a jacuzzi or swimming pool.
Designed with a focus on comfort, safety, and elegant finishes, Terraços do Mocho aims for an A+ energy rating. The apartments, regardless of their floor level, offer ample terrace space for outdoor enjoyment. The high-quality finishes and insulation demonstrate impeccable craftsmanship and attention to detail.
The first apartments within Terraços do Mocho are scheduled for delivery by September 2023, providing an exciting opportunity for residents to experience the epitome of luxurious living. This eagerly anticipated milestone marks the beginning of an exceptional residential experience within this esteemed development.
Immerse yourself in the enchantment of Portimão, the gem of the Algarve. Delight in pristine beaches, a bustling marina, and a lively promenade teeming with shops and restaurants. Indulge in the flavors of fresh seafood and local delicacies at the markets. Uncover historical landmarks such as the iconic Fort of Santa Catarina and dance the night away in trendy clubs. With its warm climate and welcoming ambiance, Portimão is the perfect destination to escape to. Introducing Terraços do Mocho, a private development nestled in the tranquil area of Cabeço do Mocho, Sesmarias, Portimão. This exquisite project consists of three buildings, each spanning three floors with a basement, housing a total of 21 luxurious dwellings. The development will be executed in three phases, ensuring a smooth progression.
Terraços do Mocho offers exclusive T2 + 1 apartments, providing a sense of exclusivity with limited availability. These well-designed residences are bathed in natural light and feature spacious living areas complemented by spacious panoramic terraces and balconies (8 to 60 m2), offering unobstructed views of the mountains and sea.
Each apartment includes 1 or 2 parking spaces in the basement, accessible by elevator. The second-floor apartments have the added bonus of a rooftop terrace, accessible from within the apartment itself, allowing residents to enjoy the serene surroundings and the possibility of installing a jacuzzi or swimming pool.
Designed with a focus on comfort, safety, and elegant finishes, Terraços do Mocho aims for an A+ energy rating. The apartments, regardless of their floor level, offer ample terrace space for outdoor enjoyment. The high-quality finishes and insulation demonstrate impeccable craftsmanship and attention to detail.
The first apartments within Terraços do Mocho are scheduled for delivery by September 2023, providing an exciting opportunity for residents to experience the epitome of luxurious living. This eagerly anticipated milestone marks the beginning of an exceptional residential experience within this esteemed development.
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Currency Exchange
Portimão, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £263,648 | £271,392 | £7,744 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £263,648 |
| Maximum cost in the last six months | £271,392 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,744 |
Portimão, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £263,648 | £271,392 | £7,744 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £263,648 |
| Maximum cost in the last six months | £271,392 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,744 |
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 £7,744 more.
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