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"Vale Paraíso Living" is the new and exclusive development located in Urbanização Vale Paraíso, in Portimão
Portimão, Faro, Portugal
REF: 931750
€250,000
Description
"Vale Paraíso Living" is the new and exclusive development located in Urbanização Vale Paraíso, in Portimão. This 3-storey building with 12 units offers T1 and T2 apartments, all featuring spacious balconies and a parking space. There is also the possibility of purchasing additional garages, ideal for those who need more parking space (limited extra units). Apartment I Gross Private Area: 67.05 m² Balcony Area: 21.80 m² Total: 88.85 m² The apartments feature high-quality finishes and modern design, ensuring comfort and functionality. Each apartment has two bathrooms, and the kitchen is fully equipped with Teka appliances, such as an oven, vitroceramic hob, extractor fan, refrigerator, and dishwasher. The LED lighting embedded in the ceiling, including LED strips on the curtain moldings and on the upper kitchen cabinets, creates a practical and stylish ambiance. All apartments are equipped with air conditioning in all rooms and the living area, ensuring year-round comfort, and a Controlled Mechanical Ventilation (CMV) system, which provides excellent indoor air quality. The apartments are fitted with a 200-litre heat pump, offering practical, efficient, and economical energy consumption. The building is equipped with an elevator, ensuring easy mobility between floors. The completion of the property deeds is expected in the 4th quarter of 2026, allowing potential buyers to plan their new home acquisition with ease. The payment terms are very accessible: 20% at the promissory purchase and sale agreement (CPCV) 10% upon completion of the structure 10% upon completion of the window frames 60% upon signing the deeds "Vale Paraíso Living" is just a few minutes away from the most famous beaches in the region, such as Praia da Rocha, Praia do Vau, and Praia de Alvor. The city of Portimão also offers a wide range of shopping options, restaurants, hospitals, health centres, and schools, all within a short distance. If you are looking for a peaceful place to live but with all the amenities of a modern city, "Vale Paraíso Living" provides you with the opportunity to live in a unique setting with the natural beauty of the Algarve within reach. Schedule your presentation with me to discover this project. #ref: 134748
"Vale Paraíso Living" is the new and exclusive development located in Urbanização Vale Paraíso, in Portimão. This 3-storey building with 12 units offers T1 and T2 apartments, all featuring spacious balconies and a parking space. There is also the possibility of purchasing additional garages, ideal for those who need more parking space (limited extra units). Apartment I Gross Private Area: 67.05 m² Balcony Area: 21.80 m² Total: 88.85 m² The apartments feature high-quality finishes and modern design, ensuring comfort and functionality. Each apartment has two bathrooms, and the kitchen is fully equipped with Teka appliances, such as an oven, vitroceramic hob, extractor fan, refrigerator, and dishwasher. The LED lighting embedded in the ceiling, including LED strips on the curtain moldings and on the upper kitchen cabinets, creates a practical and stylish ambiance. All apartments are equipped with air conditioning in all rooms and the living area, ensuring year-round comfort, and a Controlled Mechanical Ventilation (CMV) system, which provides excellent indoor air quality. The apartments are fitted with a 200-litre heat pump, offering practical, efficient, and economical energy consumption. The building is equipped with an elevator, ensuring easy mobility between floors. The completion of the property deeds is expected in the 4th quarter of 2026, allowing potential buyers to plan their new home acquisition with ease. The payment terms are very accessible: 20% at the promissory purchase and sale agreement (CPCV) 10% upon completion of the structure 10% upon completion of the window frames 60% upon signing the deeds "Vale Paraíso Living" is just a few minutes away from the most famous beaches in the region, such as Praia da Rocha, Praia do Vau, and Praia de Alvor. The city of Portimão also offers a wide range of shopping options, restaurants, hospitals, health centres, and schools, all within a short distance. If you are looking for a peaceful place to live but with all the amenities of a modern city, "Vale Paraíso Living" provides you with the opportunity to live in a unique setting with the natural beauty of the Algarve within reach. Schedule your presentation with me to discover this project. #ref: 134748
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Currency Exchange
Portimão, 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 €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 |
|---|---|---|---|
| €250,000 | £205,975 | £212,025 | £6,050 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £205,975 |
| Maximum cost in the last six months | £212,025 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,050 |
Portimão, 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 €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 |
|---|---|---|---|
| €250,000 | £205,975 | £212,025 | £6,050 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £205,975 |
| Maximum cost in the last six months | £212,025 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,050 |
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 £6,050 more.
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