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New 3-bedroom Penthouse in Faro This magnificent penthouse, completely facing south, is bathed in incredible natural light that permeates every room
Faro, Faro, Portugal
REF: 885816
€545,584
Description
New 3-bedroom Penthouse in Faro This magnificent penthouse, completely facing south, is bathed in incredible natural light that permeates every room. Built with top-of-the-range materials such as granite, tempered glass and high-density hood insulation, it is inevitable to recognize the refinement and comfort that is felt as soon as you enter this space. Comprising an open-plan living room and kitchen, giving a feeling of spaciousness that merges with the terrace through the large windows. The kitchen is fully equipped with Bosch appliances and finished with high-quality ceramic tiles by Roca. The 3 bedrooms, 2 of which are en suite and another guest bathroom. All bedrooms have built-in wardrobes and generous dimensions and also have access to balconies. All balconies are finished in granite and glass. This apartment is fully air-conditioned by Daikin air conditioning in a ducted system, very quiet and efficient. All the frames with double glazing and thermal break give this property high energy efficiency. Adding value, there is a garage space for one car and a storage room. The area is quiet, close to the center of Faro and the University of Gambelas, with excellent access. Come and visit to better appreciate all these details that make this property of excellent quality. Summary of features: • Double glazing in thermal break frames; • Electric shutters; • Central air conditioning; • Solar panel; • Floating floor; • South-facing sun exposure; • Video intercom and access with digital key; • Piped gas; • Parking with two electrical sockets, one conventional and one specific for electric cars, and a water point. #ref: 126882
New 3-bedroom Penthouse in Faro This magnificent penthouse, completely facing south, is bathed in incredible natural light that permeates every room. Built with top-of-the-range materials such as granite, tempered glass and high-density hood insulation, it is inevitable to recognize the refinement and comfort that is felt as soon as you enter this space. Comprising an open-plan living room and kitchen, giving a feeling of spaciousness that merges with the terrace through the large windows. The kitchen is fully equipped with Bosch appliances and finished with high-quality ceramic tiles by Roca. The 3 bedrooms, 2 of which are en suite and another guest bathroom. All bedrooms have built-in wardrobes and generous dimensions and also have access to balconies. All balconies are finished in granite and glass. This apartment is fully air-conditioned by Daikin air conditioning in a ducted system, very quiet and efficient. All the frames with double glazing and thermal break give this property high energy efficiency. Adding value, there is a garage space for one car and a storage room. The area is quiet, close to the center of Faro and the University of Gambelas, with excellent access. Come and visit to better appreciate all these details that make this property of excellent quality. Summary of features: • Double glazing in thermal break frames; • Electric shutters; • Central air conditioning; • Solar panel; • Floating floor; • South-facing sun exposure; • Video intercom and access with digital key; • Piped gas; • Parking with two electrical sockets, one conventional and one specific for electric cars, and a water point. #ref: 126882
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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 €545,584 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 |
|---|---|---|---|
| €545,584 | £453,860 | £469,541 | £15,680 |
| Property Price € | €545,584 |
| Minimum cost in the last six months | £453,860 |
| Maximum cost in the last six months | £469,541 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,680 |
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 €545,584 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 |
|---|---|---|---|
| €545,584 | £453,860 | £469,541 | £15,680 |
| Property Price € | €545,584 |
| Minimum cost in the last six months | £453,860 |
| Maximum cost in the last six months | £469,541 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,680 |
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 £15,680 more.
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