Located in a quiet residential area on the coastal strip of the city of Portimão, in the Algarve, we find this fantastic 4-bedroom penthouse, situated on the fourth floor of a private condominium with two elevators

Portimão, Portugal

For Sale

€1,100,000

REF: 899223 €1,100,000


4

3


2007

Description

Located in a quiet residential area on the coastal strip of the city of Portimão, in the Algarve, we find this fantastic 4-bedroom penthouse, situated on the fourth floor of a private condominium with two elevators. The building faces south, offering extraordinary views of the sea and the entire coastline of the Praia da Rocha area.

The penthouse offers spacious indoor and outdoor areas, with two balconies and a fantastic private, semi-enclosed terrace with dining area to enjoy the view and the mild Algarve climate. Upon entering, the property opens onto a spacious entrance hall, which on the left side gives access to the fully equipped kitchen with a dining area and pantry, and on the right there is the spacious formal living and dining room with an unobstructed view of the sea, full of natural light due to the large sliding glass doors that open onto the large terrace.

The wide corridor leads to the generously-sized bedrooms, all with built-in closets, one of which has an en-suite bathroom. A full bathroom and a service bathroom are also located in this corridor, along with a built-in storage cupboard. The property is equipped with air conditioning, has two parking spaces in the closed garage, and offers residents exclusive access to the condominium's swimming pool and garden.

Within a short distance of the beach, the penthouse has all the essential amenities and services nearby, as well as restaurants, bars and local shops. Nearby is the marina, several beaches, a 10-minute drive from Alvor and Ferragudo and 50 minutes from Faro International Airport. CHARACTERISTICS:Area: 214 m2 | 2 307 sq ftUseful area: 141 m2 | 1 520 sq ftBedrooms: 4Bathrooms: 3Garage: 2Energy efficiency: DFEATURES:4 bedrooms Equipped kitchen Balconies Terrace Swimming pool Garden Garage Air conditioning Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage.

LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
Located in a quiet residential area on the coastal strip of the city of Portimão, in the Algarve, we find this fantastic 4-bedroom penthouse, situated on the fourth floor of a private condominium with two elevators. The building faces south, offering extraordinary views of the sea and the entire coastline of the Praia da Rocha area.

The penthouse offers spacious indoor and outdoor areas, with two balconies and a fantastic private, semi-enclosed terrace with dining area to enjoy the view and the mild Algarve climate. Upon entering, the property opens onto a spacious entrance hall, which on the left side gives access to the fully equipped kitchen with a dining area and pantry, and on the right there is the spacious formal living and dining room with an unobstructed view of the sea, full of natural light due to the large sliding glass doors that open onto the large terrace.

The wide corridor leads to the generously-sized bedrooms, all with built-in closets, one of which has an en-suite bathroom. A full bathroom and a service bathroom are also located in this corridor, along with a built-in storage cupboard. The property is equipped with air conditioning, has two parking spaces in the closed garage, and offers residents exclusive access to the condominium's swimming pool and garden.

Within a short distance of the beach, the penthouse has all the essential amenities and services nearby, as well as restaurants, bars and local shops. Nearby is the marina, several beaches, a 10-minute drive from Alvor and Ferragudo and 50 minutes from Faro International Airport. CHARACTERISTICS:Area: 214 m2 | 2 307 sq ftUseful area: 141 m2 | 1 520 sq ftBedrooms: 4Bathrooms: 3Garage: 2Energy efficiency: DFEATURES:4 bedrooms Equipped kitchen Balconies Terrace Swimming pool Garden Garage Air conditioning Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage.

LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Property on Map

#2LS00154

Currency Exchange

Portimão, 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 €1,100,000 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
€1,100,000 £915,068 £946,682 £31,614
Property Price € €1,100,000
Minimum cost in the last six months £915,068
Maximum cost in the last six months £946,682
Fluctuating exchange rates over the last six months could have increased the cost of this property by £31,614

Portimão, 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 €1,100,000 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
€1,100,000 £915,068 £946,682 £31,614
Property Price € €1,100,000
Minimum cost in the last six months £915,068
Maximum cost in the last six months £946,682
Fluctuating exchange rates over the last six months could have increased the cost of this property by £31,614

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 £31,614 more.

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