Luxury duplex penthouse under construction, with a terrace overlooking the sea, in the charming Pine Sun Park condominium, in a green, privileged, quiet and pleasant area

Albufeira, Faro, Portugal

For Sale

€1,950,000

REF: 954847 €1,950,000


3

4

250 m2

Description

Luxury duplex penthouse under construction, with a terrace overlooking the sea, in the charming Pine Sun Park condominium, in a green, privileged, quiet and pleasant area. It's next to the Amendoeiras International cross-country track and around 500 metres from the famous and beautiful Falésia beach, with its 8 kilometres of sand and warm sea.

The 2-storey flat has a total of 3 bedrooms, 4 bathrooms, an open-plan kitchen and living room, a balcony with a barbecue, a library, an office, storage and an extensive terrace with a BBQ. It has been built to a modern design and a high standard of quality, the best you'll find in the area. You can see its quality in - 1 metre high foundations, anti-seismic platform in the upper and lower parts with iron.

- 5 cm styrofoam composite thermal insulation system + 6 cm capoto (on the outside insulation of the walls for better energy efficiency). - acoustic thermal material on the floor. - 4-room block to improve thermal comfort and another 7-centimetre piece of brick and between them acoustic thermal material or similar.

- in the interior of the building and on the slab, laying pressed cork where the pipework for the underfloor heating is laid. At the end of construction, technical thermal and acoustic analyses are carried out to check the materials used. We would also like to highlight - white lacquered entrance door.

- Living room with travertine wall or similar. - 19mm wooden parquet flooring, varnished and polished throughout, including the kitchen. - aluminium carpentry with thermal break and double glazing with vacuum chamber. - white lacquered wood carpentry. - underfloor heating with heat/cold pump (pre-installation).

- central air conditioning and pre-installation of heating and central vacuum system. - bathrooms with furniture and Jacob de Lafont toilets and mampara showers, tiled walls or other high-quality material that looks as if it has been painted. - Fitted kitchen with island and open to the living room, dishwasher and washing machine, combined fridge, induction hob, extractor hood, oven and microwave.

The walls are painted the same as the living room walls. - equipped with BOSH or AEG or similar brands. - barbecue on the balcony/ terrace. This condominium has 2 swimming pools for adults and 2 for children who can play in the Pitch & Putt park. As well as 8 kilometres of beach with its cliffs, there are relaxing pedestrian circuits, supermarkets, a variety of restaurants, a fishmonger, a pharmacy, a sports complex, 5-star hotels, several golf greens, the nearest of which is about 1 kilometre away.

The very popular and distinguished Vilamoura marina is about 7 minutes away by car or a 20-minute walk along the beach, the historic centre of Albufeira is about 10 minutes away and Faro International Airport is 30 minutes away by car. At IAD we can share business with any property marketer, and we have a virtual showcase concept for our properties on more than 200 property portals, both nationally and predominantly internationally. I look forward to hearing from you if you have any questions or if you would like to arrange a visit, either in person or virtually. #ref: 139524
Luxury duplex penthouse under construction, with a terrace overlooking the sea, in the charming Pine Sun Park condominium, in a green, privileged, quiet and pleasant area. It's next to the Amendoeiras International cross-country track and around 500 metres from the famous and beautiful Falésia beach, with its 8 kilometres of sand and warm sea.

The 2-storey flat has a total of 3 bedrooms, 4 bathrooms, an open-plan kitchen and living room, a balcony with a barbecue, a library, an office, storage and an extensive terrace with a BBQ. It has been built to a modern design and a high standard of quality, the best you'll find in the area. You can see its quality in - 1 metre high foundations, anti-seismic platform in the upper and lower parts with iron.

- 5 cm styrofoam composite thermal insulation system + 6 cm capoto (on the outside insulation of the walls for better energy efficiency). - acoustic thermal material on the floor. - 4-room block to improve thermal comfort and another 7-centimetre piece of brick and between them acoustic thermal material or similar.

- in the interior of the building and on the slab, laying pressed cork where the pipework for the underfloor heating is laid. At the end of construction, technical thermal and acoustic analyses are carried out to check the materials used. We would also like to highlight - white lacquered entrance door.

- Living room with travertine wall or similar. - 19mm wooden parquet flooring, varnished and polished throughout, including the kitchen. - aluminium carpentry with thermal break and double glazing with vacuum chamber. - white lacquered wood carpentry. - underfloor heating with heat/cold pump (pre-installation).

- central air conditioning and pre-installation of heating and central vacuum system. - bathrooms with furniture and Jacob de Lafont toilets and mampara showers, tiled walls or other high-quality material that looks as if it has been painted. - Fitted kitchen with island and open to the living room, dishwasher and washing machine, combined fridge, induction hob, extractor hood, oven and microwave.

The walls are painted the same as the living room walls. - equipped with BOSH or AEG or similar brands. - barbecue on the balcony/ terrace. This condominium has 2 swimming pools for adults and 2 for children who can play in the Pitch & Putt park. As well as 8 kilometres of beach with its cliffs, there are relaxing pedestrian circuits, supermarkets, a variety of restaurants, a fishmonger, a pharmacy, a sports complex, 5-star hotels, several golf greens, the nearest of which is about 1 kilometre away.

The very popular and distinguished Vilamoura marina is about 7 minutes away by car or a 20-minute walk along the beach, the historic centre of Albufeira is about 10 minutes away and Faro International Airport is 30 minutes away by car. At IAD we can share business with any property marketer, and we have a virtual showcase concept for our properties on more than 200 property portals, both nationally and predominantly internationally. I look forward to hearing from you if you have any questions or if you would like to arrange a visit, either in person or virtually. #ref: 139524
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Property on Map

#139524

Currency Exchange

Albufeira, 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 €1,950,000 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
€1,950,000 £1,606,605 £1,649,876 £43,271
Property Price € €1,950,000
Minimum cost in the last six months £1,606,605
Maximum cost in the last six months £1,649,876
Fluctuating exchange rates over the last six months could have increased the cost of this property by £43,271

Albufeira, 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 €1,950,000 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
€1,950,000 £1,606,605 £1,649,876 £43,271
Property Price € €1,950,000
Minimum cost in the last six months £1,606,605
Maximum cost in the last six months £1,649,876
Fluctuating exchange rates over the last six months could have increased the cost of this property by £43,271

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 £43,271 more.

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