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This new 3-bedroom apartment with terrace for sale in the Quinta do Pinhal condominium in Faro offers a privileged location in the heart of the Algarve
Faro, Portugal
REF: 924812
€580,000
Description
This new 3-bedroom apartment with terrace for sale in the Quinta do Pinhal condominium in Faro offers a privileged location in the heart of the Algarve. With large, well-distributed areas, this 3-bedroom apartment was designed for those looking for comfort, functionality, spaciousness and versatility, it presents unique features. The kitchen, fully equipped with high-performance Electrolux appliances, integrates harmoniously with the living room, creating a modern and practical environment. It offers true luxury: a full-floor terrace providing total privacy and an exclusive outdoor space, ideal for enjoying leisure time, creating an outdoor dining area or even installing a personalised lounge area. The Quinta do Pinhal condominium guarantees greater convenience and security for its residents, providing exclusive underground parking with a reserved space for each unit. The location of this apartment is one of its greatest attractions. Situated in one of Faro's most desirable areas, it is just a few meters from the University of the Algarve and the Hospital Particular do Algarve. Just 10 minutes from the Algarve's paradisiacal beaches and the enchanting Ria Formosa. 5 minutes from Faro International Airport. Whether for living or investing, this apartment in the Quinta do Pinhal condominium combines elegance and functionality in an exceptional location, making it a great opportunity in the Algarve real estate market. CHARACTERISTICS:Area: 176 m2 | 1 897 sq ftUseful area: 118 m2 | 1 266 sq ftBedrooms: 3Bathrooms: 3Garage: 1Energy efficiency: A+FEATURES:3 bedroom apartment Terraces Modern Algarve Close to the Ria Formosa Residential Condominium Quinta do Pinhal 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
This new 3-bedroom apartment with terrace for sale in the Quinta do Pinhal condominium in Faro offers a privileged location in the heart of the Algarve. With large, well-distributed areas, this 3-bedroom apartment was designed for those looking for comfort, functionality, spaciousness and versatility, it presents unique features. The kitchen, fully equipped with high-performance Electrolux appliances, integrates harmoniously with the living room, creating a modern and practical environment. It offers true luxury: a full-floor terrace providing total privacy and an exclusive outdoor space, ideal for enjoying leisure time, creating an outdoor dining area or even installing a personalised lounge area. The Quinta do Pinhal condominium guarantees greater convenience and security for its residents, providing exclusive underground parking with a reserved space for each unit. The location of this apartment is one of its greatest attractions. Situated in one of Faro's most desirable areas, it is just a few meters from the University of the Algarve and the Hospital Particular do Algarve. Just 10 minutes from the Algarve's paradisiacal beaches and the enchanting Ria Formosa. 5 minutes from Faro International Airport. Whether for living or investing, this apartment in the Quinta do Pinhal condominium combines elegance and functionality in an exceptional location, making it a great opportunity in the Algarve real estate market. CHARACTERISTICS:Area: 176 m2 | 1 897 sq ftUseful area: 118 m2 | 1 266 sq ftBedrooms: 3Bathrooms: 3Garage: 1Energy efficiency: A+FEATURES:3 bedroom apartment Terraces Modern Algarve Close to the Ria Formosa Residential Condominium Quinta do Pinhal 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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Currency Exchange
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 €580,000 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 |
|---|---|---|---|
| €580,000 | £477,862 | £503,492 | £25,630 |
| Property Price € | €580,000 |
| Minimum cost in the last six months | £477,862 |
| Maximum cost in the last six months | £503,492 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,630 |
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 €580,000 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 |
|---|---|---|---|
| €580,000 | £477,862 | £503,492 | £25,630 |
| Property Price € | €580,000 |
| Minimum cost in the last six months | £477,862 |
| Maximum cost in the last six months | £503,492 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,630 |
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 £25,630 more.
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