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Brand new 3-bedroom penthouse with private pool and Ria Formosa view, next to Faro airport and beach, Algarve
Faro, Faro, Portugal, 8000-072
REF: 938736
€660,000
Description
3-Bedroom Penthouse with Private Pool, Terrace with Ria Formosa View, Garage, and Premium Finishes. Exclusivity and Comfort in Faro. Next to Faro airport and beach. Brand new 3-bedroom Penthouse with Private Pool and Ria Formosa View located in a quiet and exclusive residential area of Montenegro, this penthouse stands out for its modern design, quality finishes and stunning views over the Ria Formosa.
Part of a building with only 6 units (2 apartments per floor), this property offers privacy, comfort and proximity to all amenities.
The apartment consists of an entrance hall with built-in closet. An open plan kitchen fully equipped with Bosch appliances and a functional island. Large and bright living room. Three well-sized bedrooms, one of which is a suite, all with built-in wardrobes and access to balconies. A large and functional social bathroom.
Outside we have a suspended balcony in the social area with panoramic views over the Ria Formosa and Faro. Private terrace with exclusive pool, synthetic grass garden, seating area with table, chairs, sun loungers and barbecue.
Garage with 2 private spaces in the basement measuring approximately 26 m .
The apartment comes equipped with false ceilings with built-in LEDs. Windows with thermal break and two-tone tri-rail frames. High security door and mosquito screen. Isolated building with capoto system. Wardrobes and kitchen furniture with soft close system.
Privileged location 2 minutes by car from Faro International Airport. 3 minutes from Faro Beach and the city center. Close to schools, supermarkets, pharmacies and banks.
Ideal for those looking for a sophisticated lifestyle in Faro, with all modern amenities and a strategic location. Schedule your visit and discover your new home!
AlgarveProperty.com - AMI:2196 - T.: 00351 289310310
3-Bedroom Penthouse with Private Pool, Terrace with Ria Formosa View, Garage, and Premium Finishes. Exclusivity and Comfort in Faro. Next to Faro airport and beach. Brand new 3-bedroom Penthouse with Private Pool and Ria Formosa View located in a quiet and exclusive residential area of Montenegro, this penthouse stands out for its modern design, quality finishes and stunning views over the Ria Formosa.
Part of a building with only 6 units (2 apartments per floor), this property offers privacy, comfort and proximity to all amenities.
The apartment consists of an entrance hall with built-in closet. An open plan kitchen fully equipped with Bosch appliances and a functional island. Large and bright living room. Three well-sized bedrooms, one of which is a suite, all with built-in wardrobes and access to balconies. A large and functional social bathroom.
Outside we have a suspended balcony in the social area with panoramic views over the Ria Formosa and Faro. Private terrace with exclusive pool, synthetic grass garden, seating area with table, chairs, sun loungers and barbecue.
Garage with 2 private spaces in the basement measuring approximately 26 m .
The apartment comes equipped with false ceilings with built-in LEDs. Windows with thermal break and two-tone tri-rail frames. High security door and mosquito screen. Isolated building with capoto system. Wardrobes and kitchen furniture with soft close system.
Privileged location 2 minutes by car from Faro International Airport. 3 minutes from Faro Beach and the city center. Close to schools, supermarkets, pharmacies and banks.
Ideal for those looking for a sophisticated lifestyle in Faro, with all modern amenities and a strategic location. Schedule your visit and discover your new home!
AlgarveProperty.com - AMI:2196 - T.: 00351 289310310
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Currency Exchange
Faro, Faro, Portugal, 8000-072
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 €660,000 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 |
|---|---|---|---|
| €660,000 | £543,774 | £558,419 | £14,645 |
| Property Price € | €660,000 |
| Minimum cost in the last six months | £543,774 |
| Maximum cost in the last six months | £558,419 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,645 |
Faro, Faro, Portugal, 8000-072
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 €660,000 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 |
|---|---|---|---|
| €660,000 | £543,774 | £558,419 | £14,645 |
| Property Price € | €660,000 |
| Minimum cost in the last six months | £543,774 |
| Maximum cost in the last six months | £558,419 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,645 |
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 £14,645 more.
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