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New 2-bedroom apartment located in Faro – Gambelas This apartment is located in a 3-storey building, built with top-of-the-range materials
Faro, Faro, Portugal
REF: 885828
€440,664
Description
New 2-bedroom apartment located in Faro – Gambelas This apartment is located in a 3-storey building, built with top-of-the-range materials. The high-density insulation, granite and tempered glass are the most notable materials. These luxury finishes, such as black granite, tempered glass and Roca ceramics, create an atmosphere of refinement that sets this property apart from the rest. Comprising a living room, separate kitchen, 2 bedrooms, one of which is en suite, and another guest bathroom. The kitchen is fully equipped with Bosch appliances and features black granite finishes on the countertops and high-quality Roca ceramics. All bedrooms have built-in wardrobes and generous dimensions and have access to balconies. The 2 balconies are finished in granite and tempered glass, and one of them has a barbecue. The entire apartment is air-conditioned by Daikin, air conditioning using a ducted system, which is very quiet and efficient. All the double-glazed windows and thermal break windows give this property an A+ energy performance rating. The south-facing sun exposure and its two fronts give this apartment incredible natural light and a comfortable and welcoming atmosphere. The apartment has a garage space for one car and a storage room. The area is quiet, close to the center of Faro, with great access close to the University of Gambelas and the Algarve Private Hospital. Come and visit to better appreciate all these details that make this property of excellent quality. Summary of features: • Central vacuum system; • Double glazing in thermal break frames; • Electric shutters; • Central air conditioning; • Solar panel; • Bedroom, with floating floor; • East and west 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: 126969
New 2-bedroom apartment located in Faro – Gambelas This apartment is located in a 3-storey building, built with top-of-the-range materials. The high-density insulation, granite and tempered glass are the most notable materials. These luxury finishes, such as black granite, tempered glass and Roca ceramics, create an atmosphere of refinement that sets this property apart from the rest. Comprising a living room, separate kitchen, 2 bedrooms, one of which is en suite, and another guest bathroom. The kitchen is fully equipped with Bosch appliances and features black granite finishes on the countertops and high-quality Roca ceramics. All bedrooms have built-in wardrobes and generous dimensions and have access to balconies. The 2 balconies are finished in granite and tempered glass, and one of them has a barbecue. The entire apartment is air-conditioned by Daikin, air conditioning using a ducted system, which is very quiet and efficient. All the double-glazed windows and thermal break windows give this property an A+ energy performance rating. The south-facing sun exposure and its two fronts give this apartment incredible natural light and a comfortable and welcoming atmosphere. The apartment has a garage space for one car and a storage room. The area is quiet, close to the center of Faro, with great access close to the University of Gambelas and the Algarve Private Hospital. Come and visit to better appreciate all these details that make this property of excellent quality. Summary of features: • Central vacuum system; • Double glazing in thermal break frames; • Electric shutters; • Central air conditioning; • Solar panel; • Bedroom, with floating floor; • East and west 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: 126969
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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 €440,664 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 |
|---|---|---|---|
| €440,664 | £365,006 | £378,729 | £13,722 |
| Property Price € | €440,664 |
| Minimum cost in the last six months | £365,006 |
| Maximum cost in the last six months | £378,729 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,722 |
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 €440,664 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 |
|---|---|---|---|
| €440,664 | £365,006 | £378,729 | £13,722 |
| Property Price € | €440,664 |
| Minimum cost in the last six months | £365,006 |
| Maximum cost in the last six months | £378,729 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,722 |
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 £13,722 more.
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