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Three bedroom apartments in the initial phase of construction in Faro, Algarve
Faro, Faro, Portugal, 8005-328
REF: 833556
€583,000
Description
Located in a privileged area of Faro, with an unobstructed view over the Ria Formosa, in a modern urbanization, in a contemporary context of prestige, calm and with several green and leisure spaces. Located in a privileged area of Faro, with an unobstructed view over the Ria Formosa, in a modern urbanization, in a contemporary context of prestige, calm and with several green and leisure spaces, the building aims to be a landmark for its difference, combining nature, private outdoor spaces and providing real quality of life, a true icon.
It is located next to the theater and riverside promenade, schools, hypermarkets and the Forum Algarve shopping centre, but still centrally located with easy access on foot to the center of Faro and the marina.
It is currently one of the most popular locations to live in Faro.
The development has 7 floors, with a total commercial space on the ground floor, swimming pool and common area on the roof, and two general basements. The building has two elevators.
The 38 apartments that make up this development will be T2, T3, T4 and T4+1 PENTHOUSE with pedestrian and road access at ground floor level.
In the basement there are several parking lots and closed boxes with private automatic gates, as well as several storage rooms. Vehicles enter through an exclusive building ramp and two automatic gates with remote control.
The apartments have fully equipped kitchens/laundry and come equipped with double glazing, electric shutters, central vacuum, air conditioning and solar panels.
Excellent investment opportunity.
Beautiful apartments for permanent residence or vacation that deserve to be visited...
Prices from:
Located in a privileged area of Faro, with an unobstructed view over the Ria Formosa, in a modern urbanization, in a contemporary context of prestige, calm and with several green and leisure spaces. Located in a privileged area of Faro, with an unobstructed view over the Ria Formosa, in a modern urbanization, in a contemporary context of prestige, calm and with several green and leisure spaces, the building aims to be a landmark for its difference, combining nature, private outdoor spaces and providing real quality of life, a true icon.
It is located next to the theater and riverside promenade, schools, hypermarkets and the Forum Algarve shopping centre, but still centrally located with easy access on foot to the center of Faro and the marina.
It is currently one of the most popular locations to live in Faro.
The development has 7 floors, with a total commercial space on the ground floor, swimming pool and common area on the roof, and two general basements. The building has two elevators.
The 38 apartments that make up this development will be T2, T3, T4 and T4+1 PENTHOUSE with pedestrian and road access at ground floor level.
In the basement there are several parking lots and closed boxes with private automatic gates, as well as several storage rooms. Vehicles enter through an exclusive building ramp and two automatic gates with remote control.
The apartments have fully equipped kitchens/laundry and come equipped with double glazing, electric shutters, central vacuum, air conditioning and solar panels.
Excellent investment opportunity.
Beautiful apartments for permanent residence or vacation that deserve to be visited...
Prices from:
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Property on Map
Currency Exchange
Faro, Faro, Portugal, 8005-328
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 €583,000 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 |
|---|---|---|---|
| €583,000 | £482,905 | £501,059 | £18,155 |
| Property Price € | €583,000 |
| Minimum cost in the last six months | £482,905 |
| Maximum cost in the last six months | £501,059 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,155 |
Faro, Faro, Portugal, 8005-328
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 €583,000 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 |
|---|---|---|---|
| €583,000 | £482,905 | £501,059 | £18,155 |
| Property Price € | €583,000 |
| Minimum cost in the last six months | £482,905 |
| Maximum cost in the last six months | £501,059 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,155 |
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 £18,155 more.
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