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Spectacular semi-new townhouse on the ground floor in the Lux Terrace development
Faro, Faro, Portugal
REF: 855627
€350,000
Description
Spectacular semi-new townhouse on the ground floor in the Lux Terrace development. Welcome to Lux Terrace, where luxury meets elegance in the heart of the upper part of Faro! Discover the perfect getaway in this magnificent 2-bedroom apartment, designed for those who value comfort, quality and an exclusive lifestyle. The development has contemporary architecture and the materials used are of the highest quality. This modern apartment consists of a kitchen equipped with high-end “BOSCH” appliances. Main Features: 2 Bedrooms (1 Suite): Enjoy a peaceful night's sleep in a spacious room with a fitted bathroom. The second bedroom offers additional space to accommodate your guests or family. Two modern bathrooms guarantee comfort and privacy. Almost open-space living room and kitchen, with very generous areas, are the perfect place to entertain friends and family. Let your culinary creativity flow while interacting with guests in the spacious living room. A beautifully landscaped balcony: Enjoy sunny mornings, lazy afternoons or peaceful evenings on this private balcony. The perfect space to relax and take a break from your day-to-day life. There is video intercom, surround sound, central vacuum and air conditioning in all rooms. There is a garage space, where you can place a small storage room: Panoramic Pool: This apartment allows access to a splendid rooftop pool with panoramic views over the Ria Formosa and the airport. Year of Use: This apartment has only four years of use, ensuring that everything is in perfect condition, ready for you to move in without worries. Come visit this wonderful apartment in the heart of Faro! #ref: 122855
Spectacular semi-new townhouse on the ground floor in the Lux Terrace development. Welcome to Lux Terrace, where luxury meets elegance in the heart of the upper part of Faro! Discover the perfect getaway in this magnificent 2-bedroom apartment, designed for those who value comfort, quality and an exclusive lifestyle. The development has contemporary architecture and the materials used are of the highest quality. This modern apartment consists of a kitchen equipped with high-end “BOSCH” appliances. Main Features: 2 Bedrooms (1 Suite): Enjoy a peaceful night's sleep in a spacious room with a fitted bathroom. The second bedroom offers additional space to accommodate your guests or family. Two modern bathrooms guarantee comfort and privacy. Almost open-space living room and kitchen, with very generous areas, are the perfect place to entertain friends and family. Let your culinary creativity flow while interacting with guests in the spacious living room. A beautifully landscaped balcony: Enjoy sunny mornings, lazy afternoons or peaceful evenings on this private balcony. The perfect space to relax and take a break from your day-to-day life. There is video intercom, surround sound, central vacuum and air conditioning in all rooms. There is a garage space, where you can place a small storage room: Panoramic Pool: This apartment allows access to a splendid rooftop pool with panoramic views over the Ria Formosa and the airport. Year of Use: This apartment has only four years of use, ensuring that everything is in perfect condition, ready for you to move in without worries. Come visit this wonderful apartment in the heart of Faro! #ref: 122855
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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 €350,000 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 |
|---|---|---|---|
| €350,000 | £293,762 | £301,896 | £8,134 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £293,762 |
| Maximum cost in the last six months | £301,896 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,134 |
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 €350,000 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 |
|---|---|---|---|
| €350,000 | £293,762 | £301,896 | £8,134 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £293,762 |
| Maximum cost in the last six months | £301,896 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,134 |
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 £8,134 more.
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