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Modern 1-Bedroom Duplex Apartment in Faro with Private Terrace and Parking
Faro, Faro, Portugal, 8005 500
REF: 916681
€280,000
Description
Modern 1-Bedroom Duplex Apartment in Faro with Private Terrace and Parking
This elegant 1-bedroom duplex apartment, situated on the first floor, combines comfort and functionality, with the potential to be converted into a 4-bedroom property. Featuring an open-plan layout that integrates the living room and a fully equipped kitchen, it boasts high-quality finishes such as false ceilings with LED lighting, double-glazed windows, and electric shutters.
The en-suite bedroom includes air con.. Modern 1-Bedroom Duplex Apartment in Faro with Private Terrace and Parking
This 1-bedroom apartment, located on the first floor, offers a unique opportunity for those seeking comfort and functionality, with the added benefit of being convertible into a 4-bedroom property. Designed with a generous open-plan layout, it seamlessly integrates the living room and kitchen into a harmonious, air-conditioned space that feels both cosy and modern.
The kitchen is fully equipped with state-of-the-art appliances, backed by an initial two-year warranty, extendable to five years, ensuring quality and durability. High-end finishes include false ceilings with recessed lighting and multicolour LED mouldings, adding a contemporary and stylish touch. The apartment is also pre-wired for home automation, enhancing convenience, and features tilt-and-turn double-glazed windows and electric shutters for thermal comfort and efficiency.
The en-suite master bedroom is air-conditioned and includes a spacious closet, offering excellent storage. Recently renovated, the property has undergone significant upgrades to its electrical and plumbing systems. Additional features include a laundry area with a water heater and access to a private terrace with an extra bathroom, perfect for leisure and privacy.
Energy efficiency is ensured by solar panels, which not only reduce energy costs but also generate income from surplus energy sales. The apartment also provides private parking, adding convenience and security to your daily routine.
Situated just 2.5 km from Fórum Algarve and 10 minutes from Faro Airport, this property enjoys a prime location with easy access to all essential amenities and city services.
With its modern design, energy efficiency, and strategic location, this apartment is the perfect choice for a personal residence or investment. Contact us today to schedule a viewing and discover this unique property.
Modern 1-Bedroom Duplex Apartment in Faro with Private Terrace and Parking
This elegant 1-bedroom duplex apartment, situated on the first floor, combines comfort and functionality, with the potential to be converted into a 4-bedroom property. Featuring an open-plan layout that integrates the living room and a fully equipped kitchen, it boasts high-quality finishes such as false ceilings with LED lighting, double-glazed windows, and electric shutters.
The en-suite bedroom includes air con.. Modern 1-Bedroom Duplex Apartment in Faro with Private Terrace and Parking
This 1-bedroom apartment, located on the first floor, offers a unique opportunity for those seeking comfort and functionality, with the added benefit of being convertible into a 4-bedroom property. Designed with a generous open-plan layout, it seamlessly integrates the living room and kitchen into a harmonious, air-conditioned space that feels both cosy and modern.
The kitchen is fully equipped with state-of-the-art appliances, backed by an initial two-year warranty, extendable to five years, ensuring quality and durability. High-end finishes include false ceilings with recessed lighting and multicolour LED mouldings, adding a contemporary and stylish touch. The apartment is also pre-wired for home automation, enhancing convenience, and features tilt-and-turn double-glazed windows and electric shutters for thermal comfort and efficiency.
The en-suite master bedroom is air-conditioned and includes a spacious closet, offering excellent storage. Recently renovated, the property has undergone significant upgrades to its electrical and plumbing systems. Additional features include a laundry area with a water heater and access to a private terrace with an extra bathroom, perfect for leisure and privacy.
Energy efficiency is ensured by solar panels, which not only reduce energy costs but also generate income from surplus energy sales. The apartment also provides private parking, adding convenience and security to your daily routine.
Situated just 2.5 km from Fórum Algarve and 10 minutes from Faro Airport, this property enjoys a prime location with easy access to all essential amenities and city services.
With its modern design, energy efficiency, and strategic location, this apartment is the perfect choice for a personal residence or investment. Contact us today to schedule a viewing and discover this unique property.
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Currency Exchange
Faro, Faro, Portugal, 8005 500
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 €280,000 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 |
|---|---|---|---|
| €280,000 | £230,692 | £240,646 | £9,954 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £230,692 |
| Maximum cost in the last six months | £240,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,954 |
Faro, Faro, Portugal, 8005 500
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 €280,000 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 |
|---|---|---|---|
| €280,000 | £230,692 | £240,646 | £9,954 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £230,692 |
| Maximum cost in the last six months | £240,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,954 |
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 £9,954 more.
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