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Brand New 3 Bedroom Apartment For Sale in Portimão
Portimão, Faro, Portugal, 8500-818
REF: 807901
€480,000
Description
This brand new luxury apartment is for sale in Portimão and is set within an exclusive development of 16 apartments. Located a short five minute drive from the beautiful fishing village of Alvor and Portimão, this condominium benefits from a central location close to all amenities. The condominium is due to start construction shortly and will comprise a collection of well-designed two and three bedroom apartments. Nestled within an exclusive boutique development of luxury apartments in Portimão, this three-bedroom residence offers a contemporary lifestyle just a short five-minute drive from the picturesque fishing village of Alvor.
Set for completion in early 2025, this newly constructed development comprises 16 meticulously designed two and three-bedroom apartments, each offering modern open-plan living spaces finished to the highest standards.
With a focus on modern comfort, all units boast amenities such as air conditioning, central vacuum systems, fully equipped kitchens, solar panels, electric underfloor heating in bathrooms, and even a convenient washing machine discreetly housed in a balcony cupboard.
The complex centres around a stylish communal swimming pool and landscaped gardens, providing a tranquil retreat for residents. Access to private parking and a communal rooftop terrace, featuring a hot tub and gymnasium, further enhance the lifestyle experience.
Located between Portimão and Alvor, the area offers an abundance of attractions, including pristine beaches, championship golf courses, and authentic restaurants. Portimão, the largest city in the western Algarve, is a vibrant hub for shopping and entertainment, boasting attractions such as Aqua Shopping and Portimão train station. Meanwhile, Alvor enchants visitors with its traditional seaside charm and bustling fishing village ambiance.
Whether you're looking for a permanent residence, a vacation home, or an investment opportunity, this apartment in Portimão presents a rare chance to own a slice of paradise in the Algarve.
This brand new luxury apartment is for sale in Portimão and is set within an exclusive development of 16 apartments. Located a short five minute drive from the beautiful fishing village of Alvor and Portimão, this condominium benefits from a central location close to all amenities. The condominium is due to start construction shortly and will comprise a collection of well-designed two and three bedroom apartments. Nestled within an exclusive boutique development of luxury apartments in Portimão, this three-bedroom residence offers a contemporary lifestyle just a short five-minute drive from the picturesque fishing village of Alvor.
Set for completion in early 2025, this newly constructed development comprises 16 meticulously designed two and three-bedroom apartments, each offering modern open-plan living spaces finished to the highest standards.
With a focus on modern comfort, all units boast amenities such as air conditioning, central vacuum systems, fully equipped kitchens, solar panels, electric underfloor heating in bathrooms, and even a convenient washing machine discreetly housed in a balcony cupboard.
The complex centres around a stylish communal swimming pool and landscaped gardens, providing a tranquil retreat for residents. Access to private parking and a communal rooftop terrace, featuring a hot tub and gymnasium, further enhance the lifestyle experience.
Located between Portimão and Alvor, the area offers an abundance of attractions, including pristine beaches, championship golf courses, and authentic restaurants. Portimão, the largest city in the western Algarve, is a vibrant hub for shopping and entertainment, boasting attractions such as Aqua Shopping and Portimão train station. Meanwhile, Alvor enchants visitors with its traditional seaside charm and bustling fishing village ambiance.
Whether you're looking for a permanent residence, a vacation home, or an investment opportunity, this apartment in Portimão presents a rare chance to own a slice of paradise in the Algarve.
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Property on Map
Currency Exchange
Portimão, Faro, Portugal, 8500-818
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 €480,000 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 |
|---|---|---|---|
| €480,000 | £397,589 | £412,536 | £14,947 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £397,589 |
| Maximum cost in the last six months | £412,536 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,947 |
Portimão, Faro, Portugal, 8500-818
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 €480,000 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 |
|---|---|---|---|
| €480,000 | £397,589 | £412,536 | £14,947 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £397,589 |
| Maximum cost in the last six months | £412,536 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,947 |
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 £14,947 more.
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