Luxury 3 bedroom apartment for sale in Portimão, Algarve

Portimão, Portugal

For Sale

€1,350,000

REF: 944040 €1,350,000

Bedrooms
3

Bathrooms
3

Pool

Year Built
2020

Description

This luxury 3 bedroom apartment occupies the entire floor of the building and is truly a unique find in the heart of Praia da Rocha, and yet calmly set in a peaceful gardened complex. Inserted in a closed condominium within walking distance to the be...

This luxury 3 bedroom apartment occupies the entire floor of the building and is truly a unique find in the heart of Praia da Rocha, and yet calmly set in a peaceful gardened complex. Inserted in a closed condominium within walking distance to the beach, this property offers all the confort and luxury apartment, and upgrades found in a luxury villa.

The property is on gated community offering a security entrance, elevator garage, guest parking, two swimming pools, landscaped ample gardens and sauna. This apartment has been custom designed and as it occupies the entire top, it benefits from extended terraces and sea views from all rooms. The apartment is composed of an entrance hall leading to the open concept living room directing facing the ocean, which opens out into a large terrace lounge.

The kitchen, fully equipped with brand appliances, it has a separate terrace with a Jacuzzi and also sea views. The master bedroom has a separate balcony, also with sea views, and an en-suite bathroom with double sinks and a walk-in closet. The two additional bedrooms share a double-entrance bathroom and also have sea views.

This property has been fully upgraded in all its finishes, including electric shutters, wooden floors throughout and professional d cor. It is equipped with central air conditioning and heating and alarm system. The apartment has two designated garages, which have been customized to the same standards as the apartment interior, suitable for luxury vehicles.

This property is ideal for a luxury all year round residence, or a luxury holiday home. It is located within walking distance to the beach, only a 10 minute drive from the largest marina in the Algarve and its golf courses, and just 45 minutes from the Faro Airport. The public and private hospitals are also within a 10 minute drive.

Praia da Rocha is one of the most iconic destinations in the Algarve, where you can enjoy water sports, nightlife, restaurants as well as some of the most beautiful beaches in the Algarve.

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Property on Map

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Currency Exchange

Portimão, 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 €1,350,000 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
€1,350,000	£1,112,265	£1,142,222	£29,957

Property Price €	€1,350,000
Minimum cost in the last six months	£1,112,265
Maximum cost in the last six months	£1,142,222
Fluctuating exchange rates over the last six months could have increased the cost of this property by	£29,957

Portimão, 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 €1,350,000 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
€1,350,000	£1,112,265	£1,142,222	£29,957

Property Price €	€1,350,000
Minimum cost in the last six months	£1,112,265
Maximum cost in the last six months	£1,142,222
Fluctuating exchange rates over the last six months could have increased the cost of this property by	£29,957

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 £29,957 more.

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