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Spectacular semi-new 3-bedroom flat with modern lines, lots of light and large areas
União das Freguesias de Tavira (Santa Maria e Santiago), Faro, Portugal
REF: 942583
€550,000
Description
Spectacular semi-new 3-bedroom flat with modern lines, lots of light and large areas. This luxurious and elegant flat has been designed down to the smallest detail to make the most of every room without jeopardising day-to-day functionality, starting in the entrance hall and ending on a unique and exceptional terrace. We start with an entrance hall with great storage space, then a full bathroom with shower, then the spacious living/dining room and open-plan kitchen that give us access to all the other rooms, such as two large suites, one with a dressing room and access to the terrace and the other with access to a balcony, a double bedroom with access to the terrace and a fabulous terrace with an outdoor kitchen and a 12sqm private pool. This marvellous 100sqm terrace can be enjoyed on sunny days and cold and rainy days due to its different spaces. You can enjoy pleasant evenings socialising with friends and family and savouring delicious meals. With high-quality finishes, it has air conditioning in the bedrooms and living room, lights and built-in wardrobes, an equipped kitchen, a water heater and superior thermal and acoustic frames with double glazing. Located on the 1st floor of a private condominium, built in 2022, with a panoramic lift, this flat is south-west facing and has 2 private parking spaces with an electric car charging socket. Located less than five minutes' walk from the Plazza shopping centre, and just as many from the city centre, there is public transport, schools, shops and services close by.
Spectacular semi-new 3-bedroom flat with modern lines, lots of light and large areas. This luxurious and elegant flat has been designed down to the smallest detail to make the most of every room without jeopardising day-to-day functionality, starting in the entrance hall and ending on a unique and exceptional terrace. We start with an entrance hall with great storage space, then a full bathroom with shower, then the spacious living/dining room and open-plan kitchen that give us access to all the other rooms, such as two large suites, one with a dressing room and access to the terrace and the other with access to a balcony, a double bedroom with access to the terrace and a fabulous terrace with an outdoor kitchen and a 12sqm private pool. This marvellous 100sqm terrace can be enjoyed on sunny days and cold and rainy days due to its different spaces. You can enjoy pleasant evenings socialising with friends and family and savouring delicious meals. With high-quality finishes, it has air conditioning in the bedrooms and living room, lights and built-in wardrobes, an equipped kitchen, a water heater and superior thermal and acoustic frames with double glazing. Located on the 1st floor of a private condominium, built in 2022, with a panoramic lift, this flat is south-west facing and has 2 private parking spaces with an electric car charging socket. Located less than five minutes' walk from the Plazza shopping centre, and just as many from the city centre, there is public transport, schools, shops and services close by.
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Currency Exchange
União das Freguesias de Tavira (Santa Maria e Santiago), 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £465,350 | £12,205 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £465,350 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,205 |
União das Freguesias de Tavira (Santa Maria e Santiago), 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £465,350 | £12,205 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £465,350 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,205 |
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 £12,205 more.
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