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Spacious and very well equipped new and modern property on a quiet location
Faro, Faro, Portugal, 8005-488
REF: 913457
€1,250,000
Description
Newly built house (construction completed at the end of 2020), fully equipped with modern amenities. The property features a heat pump that provides underfloor heating throughout the property, with radiators in the bedrooms and towel warmers in the bathrooms. It also includes a closed fireplace with a turbine, reversible air conditioning throughout, electric blinds, a security system and four outdoor surveillance cameras all linked to your phone, an automatic gate for vehicles, and a video intercom for the pedestrian gate.
This energy-efficient home boasts an A+ energy certificate, featuring aluminium windows and French doors with secure thermal double glazing. The exterior walls are insulated with 10 cm of polystyrene Cladding, while the ceiling is insulated with rock wool. The property sits on a flat, square, fully fenced plot of 3,040m , adorned with a lawn, fruit, olive and palm trees and a selection of exotic flowers. An automatic irrigation system, fed by a borehole and a large 46m tank equipped with a submersible pump, ensures the lush landscape remains vibrant. The house is connected to mains water and sewerage.
The property includes a large 11 x 5.5m swimming pool. Two solar panels on the roof provide domestic hot water, supplemented by a heat pump and electric resistance during cloudy weather. Nestled in a serene countryside setting with stunning views of the surrounding hills, this home is just 7 km from both Loulé and São Brás de Alportel, 17 km from Faro Beach, and 16 km from Faro Airport.
The accommodation includes a spacious cellar of 95.19m . The ground floor features a bright and airy living-dining room (50.61m ) with two large French windows (4.5m and 4m long), offering beautiful views of the garden and pool. There is a fully equipped kitchen, pantry, indoor technical room, and three large bedrooms, each with its own large closet and bathroom-WC. A separate WC for guests and a covered terrace of 30m complete this level. On the first floor, there is an open area currently set up with a daybed and office, as well as a spacious 83.96m terrace with breathtaking views of the countryside and hills.
Newly built house (construction completed at the end of 2020), fully equipped with modern amenities. The property features a heat pump that provides underfloor heating throughout the property, with radiators in the bedrooms and towel warmers in the bathrooms. It also includes a closed fireplace with a turbine, reversible air conditioning throughout, electric blinds, a security system and four outdoor surveillance cameras all linked to your phone, an automatic gate for vehicles, and a video intercom for the pedestrian gate.
This energy-efficient home boasts an A+ energy certificate, featuring aluminium windows and French doors with secure thermal double glazing. The exterior walls are insulated with 10 cm of polystyrene Cladding, while the ceiling is insulated with rock wool. The property sits on a flat, square, fully fenced plot of 3,040m , adorned with a lawn, fruit, olive and palm trees and a selection of exotic flowers. An automatic irrigation system, fed by a borehole and a large 46m tank equipped with a submersible pump, ensures the lush landscape remains vibrant. The house is connected to mains water and sewerage.
The property includes a large 11 x 5.5m swimming pool. Two solar panels on the roof provide domestic hot water, supplemented by a heat pump and electric resistance during cloudy weather. Nestled in a serene countryside setting with stunning views of the surrounding hills, this home is just 7 km from both Loulé and São Brás de Alportel, 17 km from Faro Beach, and 16 km from Faro Airport.
The accommodation includes a spacious cellar of 95.19m . The ground floor features a bright and airy living-dining room (50.61m ) with two large French windows (4.5m and 4m long), offering beautiful views of the garden and pool. There is a fully equipped kitchen, pantry, indoor technical room, and three large bedrooms, each with its own large closet and bathroom-WC. A separate WC for guests and a covered terrace of 30m complete this level. On the first floor, there is an open area currently set up with a daybed and office, as well as a spacious 83.96m terrace with breathtaking views of the countryside and hills.
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Currency Exchange
Faro, Faro, Portugal, 8005-488
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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,035,388 | £1,074,313 | £38,925 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,035,388 |
| Maximum cost in the last six months | £1,074,313 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,925 |
Faro, Faro, Portugal, 8005-488
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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,035,388 | £1,074,313 | £38,925 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,035,388 |
| Maximum cost in the last six months | £1,074,313 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,925 |
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 £38,925 more.
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