A recently refurbished4-bedroom penthouse with a modern and elegant design, it is located on the fourth floor of a private condominium with two elevators, in a quiet residential area on the coastal strip of the city of Portimão, the renowned Praia da Rocha, in the Algarve

Portimão, Portugal

For Sale

€895,000

REF: 914448 €895,000


4

3


2010

Description

A recently refurbished4-bedroom penthouse with a modern and elegant design, it is located on the fourth floor of a private condominium with two elevators, in a quiet residential area on the coastal strip of the city of Portimão, the renowned Praia da Rocha, in the Algarve. The south-facing building offers extraordinary views of the sea and the entire coastline of the Praia da Rocha area, which is less than 600 meters away from the beach.

The apartment, on the top floor, benefits from large indoor and outdoor areas, with private balconies, one of which is enclosed and has a barbecue, creating a perfect space for socializing and enjoying the region's fantastic climate. Upon entering the property, it opens directly onto a spacious entrance hall, on the left side of which is the fully equipped and renovated kitchen with a dining area and a pantry, and on the right is the spacious formal living and dining room with a fireplace and fantastic sea views, maximized by the large sliding glass doors that fill the room with natural light.

The wide hallway leads to the 4 generously-sized bedrooms, all with built-in closets with sliding mirrored glass doors. The master bedroom has an en-suite bathroom. Also located in this corridor are two bathrooms. The apartment is equipped with air conditioning in the living and relaxation areas, has two parking spaces in the garage and exclusive access for residents to the condominium's swimming pool and garden.

Within walking distance of the beach, all the essential amenities and services are located nearby, such as restaurants, bars, shops and recreational or sporting activities. The marina, several beaches and golf courses, the picturesque villages of Alvor and Ferragudo are all within a 10-minute drive, and there is easy access to the N125 national road and the A22 freeway.

CHARACTERISTICS:Area: 230 m2 | 2 479 sq ftUseful area: 121 m2 | 1 297 sq ftBedrooms: 4Bathrooms: 3Garage: 2Energy efficiency: CFEATURES:Renovated 4 bedrooms Equipped kitchen Balconies Air conditioning Fireplace Barbecue Garage Swimming pool Garden 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
A recently refurbished4-bedroom penthouse with a modern and elegant design, it is located on the fourth floor of a private condominium with two elevators, in a quiet residential area on the coastal strip of the city of Portimão, the renowned Praia da Rocha, in the Algarve. The south-facing building offers extraordinary views of the sea and the entire coastline of the Praia da Rocha area, which is less than 600 meters away from the beach.

The apartment, on the top floor, benefits from large indoor and outdoor areas, with private balconies, one of which is enclosed and has a barbecue, creating a perfect space for socializing and enjoying the region's fantastic climate. Upon entering the property, it opens directly onto a spacious entrance hall, on the left side of which is the fully equipped and renovated kitchen with a dining area and a pantry, and on the right is the spacious formal living and dining room with a fireplace and fantastic sea views, maximized by the large sliding glass doors that fill the room with natural light.

The wide hallway leads to the 4 generously-sized bedrooms, all with built-in closets with sliding mirrored glass doors. The master bedroom has an en-suite bathroom. Also located in this corridor are two bathrooms. The apartment is equipped with air conditioning in the living and relaxation areas, has two parking spaces in the garage and exclusive access for residents to the condominium's swimming pool and garden.

Within walking distance of the beach, all the essential amenities and services are located nearby, such as restaurants, bars, shops and recreational or sporting activities. The marina, several beaches and golf courses, the picturesque villages of Alvor and Ferragudo are all within a 10-minute drive, and there is easy access to the N125 national road and the A22 freeway.

CHARACTERISTICS:Area: 230 m2 | 2 479 sq ftUseful area: 121 m2 | 1 297 sq ftBedrooms: 4Bathrooms: 3Garage: 2Energy efficiency: CFEATURES:Renovated 4 bedrooms Equipped kitchen Balconies Air conditioning Fireplace Barbecue Garage Swimming pool Garden 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

#2LS00158

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 €895,000 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
€895,000 £737,391 £769,208 £31,817
Property Price € €895,000
Minimum cost in the last six months £737,391
Maximum cost in the last six months £769,208
Fluctuating exchange rates over the last six months could have increased the cost of this property by £31,817

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 €895,000 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
€895,000 £737,391 £769,208 £31,817
Property Price € €895,000
Minimum cost in the last six months £737,391
Maximum cost in the last six months £769,208
Fluctuating exchange rates over the last six months could have increased the cost of this property by £31,817

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 £31,817 more.

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