Stunning T2 Apartment with Private Terrace at Panoramic Pool Faro Residences We are delighted to present this magnificent T2 apartment, featuring a spacious south-facing private terrace perfect for soaking up the sun and enjoying breathtaking views

União das Freguesias de Faro (Sé e São Pedro), Faro, Portugal

For Sale

€505,000

REF: 904089 €505,000


2

2


91 m2

216 m2

Description

Stunning T2 Apartment with Private Terrace at Panoramic Pool Faro Residences We are delighted to present this magnificent T2 apartment, featuring a spacious south-facing private terrace perfect for soaking up the sun and enjoying breathtaking views. The layout is generously distributed, with a living room seamlessly integrated into a fully equipped open-plan kitchen, making it an ideal space for family gatherings or entertaining friends.

The master suite boasts a complete en-suite bathroom, while the other two bedrooms, also equipped with built-in wardrobes, share a social bathroom with a shower, ensuring comfort and practicality for all residents. Exceptional Common Areas The Panoramic Pool Faro Residences provides access to a variety of exceptional common spaces shared with the adjacent Panoramic Pool Faro Flats development.

This complex features two rooftop pools (for adults and children), where you can unwind and enjoy a stunning 180 view of the Ria Formosa, Faro Airport, and the city. Additionally, the building includes a cardio-fitness room and a co-living area on the ground floor, providing a complete and modern living experience.

Superior Features One of the standout features of this property is its expansive windows with double glazing and aluminum frames, offering superior thermal and acoustic insulation. Electric shutters ensure comfort and convenience, making the apartment particularly bright and welcoming. The kitchen is equipped with high-end appliances, and the apartment includes reversible air conditioning and a heat pump water heating system, promoting energy efficiency.

With an energy rating of Class A, this property is both sustainable and economical. The basement parking area includes an electric vehicle charging point, reflecting a commitment to sustainable mobility. The architectural design, featuring contemporary lines, presents finishes that embody two distinct concepts: 'beach' and 'city', allowing residents to customize their living experience according to their preferences.

Prime Location The Panoramic Pool Faro Residences enjoys a strategic location near the Fórum Algarve, just minutes from the airport, Faro's historic center, beaches, and bus and train stations. The new centrality of Faro offers easy access to major roadways, making this an ideal choice for those seeking the perfect blend of convenience and quality of life.

Don't miss this opportunity to live in a space that offers the best of Algarve living. Schedule your visit today and discover your new home! High-Quality Finishes This development is distinguished by its noble materials and premium finishes, providing an atmosphere of luxury and comfort. Additional features include: Thermal and acoustic insulation Large windows that allow abundant natural light Terraces with barbecues Private storage spaces Fully equipped kitchens Private parking Basic furniture included The surrounding area offers a wide range of services, from green spaces, schools, universities, hospitals, pharmacies, supermarkets, and shopping centers to public transport such as bus and train stations.

Close to major access roads and the beaches, this location combines tranquility with convenience. Flexible Payment Terms Panoramic Pool Faro Residences has been under construction since May 2023, with completion expected in December 2024. The payment terms are very accessible: Reservation: EUR5,000 Promissory Purchase and Sale Contract (CPCV): 30% of the property value Deed: 70% of the property value This is your chance to secure a dream apartment, whether for personal residence or investment.

Take advantage of the opportunity to customize the finishes within the available range until the completion of construction. Contact us now for more information and don't miss your chance to live in one of Faro's most exclusive developments! About Casas do Sotavento Casas do Sotavento embody the best of Algarve architecture and lifestyle.

These homes are designed to harmonize with the region's natural beauty, offering a welcoming and sophisticated space. With attention to detail and a commitment to quality, each residence presents a unique opportunity for those seeking a permanent home or a holiday getaway. Casas do Sotavento are not just houses; they are a community where comfort and tranquility meet, ideal for families and individuals who value a relaxing and enriching lifestyle.
Stunning T2 Apartment with Private Terrace at Panoramic Pool Faro Residences We are delighted to present this magnificent T2 apartment, featuring a spacious south-facing private terrace perfect for soaking up the sun and enjoying breathtaking views. The layout is generously distributed, with a living room seamlessly integrated into a fully equipped open-plan kitchen, making it an ideal space for family gatherings or entertaining friends.

The master suite boasts a complete en-suite bathroom, while the other two bedrooms, also equipped with built-in wardrobes, share a social bathroom with a shower, ensuring comfort and practicality for all residents. Exceptional Common Areas The Panoramic Pool Faro Residences provides access to a variety of exceptional common spaces shared with the adjacent Panoramic Pool Faro Flats development.

This complex features two rooftop pools (for adults and children), where you can unwind and enjoy a stunning 180 view of the Ria Formosa, Faro Airport, and the city. Additionally, the building includes a cardio-fitness room and a co-living area on the ground floor, providing a complete and modern living experience.

Superior Features One of the standout features of this property is its expansive windows with double glazing and aluminum frames, offering superior thermal and acoustic insulation. Electric shutters ensure comfort and convenience, making the apartment particularly bright and welcoming. The kitchen is equipped with high-end appliances, and the apartment includes reversible air conditioning and a heat pump water heating system, promoting energy efficiency.

With an energy rating of Class A, this property is both sustainable and economical. The basement parking area includes an electric vehicle charging point, reflecting a commitment to sustainable mobility. The architectural design, featuring contemporary lines, presents finishes that embody two distinct concepts: 'beach' and 'city', allowing residents to customize their living experience according to their preferences.

Prime Location The Panoramic Pool Faro Residences enjoys a strategic location near the Fórum Algarve, just minutes from the airport, Faro's historic center, beaches, and bus and train stations. The new centrality of Faro offers easy access to major roadways, making this an ideal choice for those seeking the perfect blend of convenience and quality of life.

Don't miss this opportunity to live in a space that offers the best of Algarve living. Schedule your visit today and discover your new home! High-Quality Finishes This development is distinguished by its noble materials and premium finishes, providing an atmosphere of luxury and comfort. Additional features include: Thermal and acoustic insulation Large windows that allow abundant natural light Terraces with barbecues Private storage spaces Fully equipped kitchens Private parking Basic furniture included The surrounding area offers a wide range of services, from green spaces, schools, universities, hospitals, pharmacies, supermarkets, and shopping centers to public transport such as bus and train stations.

Close to major access roads and the beaches, this location combines tranquility with convenience. Flexible Payment Terms Panoramic Pool Faro Residences has been under construction since May 2023, with completion expected in December 2024. The payment terms are very accessible: Reservation: EUR5,000 Promissory Purchase and Sale Contract (CPCV): 30% of the property value Deed: 70% of the property value This is your chance to secure a dream apartment, whether for personal residence or investment.

Take advantage of the opportunity to customize the finishes within the available range until the completion of construction. Contact us now for more information and don't miss your chance to live in one of Faro's most exclusive developments! About Casas do Sotavento Casas do Sotavento embody the best of Algarve architecture and lifestyle.

These homes are designed to harmonize with the region's natural beauty, offering a welcoming and sophisticated space. With attention to detail and a commitment to quality, each residence presents a unique opportunity for those seeking a permanent home or a holiday getaway. Casas do Sotavento are not just houses; they are a community where comfort and tranquility meet, ideal for families and individuals who value a relaxing and enriching lifestyle.
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Currency Exchange

União das Freguesias de Faro (Sé e São Pedro), 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 €505,000 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
€505,000 £418,297 £434,022 £15,726
Property Price € €505,000
Minimum cost in the last six months £418,297
Maximum cost in the last six months £434,022
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,726

União das Freguesias de Faro (Sé e São Pedro), 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 €505,000 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
€505,000 £418,297 £434,022 £15,726
Property Price € €505,000
Minimum cost in the last six months £418,297
Maximum cost in the last six months £434,022
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,726

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 £15,726 more.

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