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Exclusive Luxury Living in the Heart of the Algarve
Lagoa, Faro, Portugal, 8400-200
REF: 955534
€818,400
Description
Experience exclusive living with premium amenities in a prime coastal location. Luxurious sea-view apartments in the heart of the Algarve. Featuring modern design, private terraces, pools, spa, gym, rooftop bar, and stunning panoramic views. This exclusive new development near Ferragudo offers 130 luxury apartments, ranging from one to four bedrooms, with spacious interiors, premium finishes, and floor-to-ceiling windows that create a seamless connection with the breathtaking views of the sea, countryside, or Monchique Mountains.
Enjoy an unparalleled lifestyle with high-class amenities, including a state-of-the-art spa, gym, rooftop yoga, indoor and outdoor pools, sports courts, landscaped gardens, an outdoor cinema, and an observatory with sleep pods for stargazing. Culinary experiences range from a rooftop tapas bar and gourmet restaurant to a bakery and juice bar, complemented by an organic herb garden and orchard for fresh, locally sourced ingredients.
Ideally located just minutes from pristine beaches, top golf courses, and charming villages. Whether indulging in outdoor activities, unwinding in spa facilities, or enjoying exquisite dining, residents can embrace the Algarve€™s year-round sunshine and rich cultural heritage.
With over 40 years of expertise in Algarve real estate, Cerro Novo Properties ensures a seamless buying experience, guiding clients from selection to completion. This prestigious development is an exceptional opportunity to invest, relocate, or simply enjoy the best of coastal living. Completion is set for 2026.
Experience exclusive living with premium amenities in a prime coastal location. Luxurious sea-view apartments in the heart of the Algarve. Featuring modern design, private terraces, pools, spa, gym, rooftop bar, and stunning panoramic views. This exclusive new development near Ferragudo offers 130 luxury apartments, ranging from one to four bedrooms, with spacious interiors, premium finishes, and floor-to-ceiling windows that create a seamless connection with the breathtaking views of the sea, countryside, or Monchique Mountains.
Enjoy an unparalleled lifestyle with high-class amenities, including a state-of-the-art spa, gym, rooftop yoga, indoor and outdoor pools, sports courts, landscaped gardens, an outdoor cinema, and an observatory with sleep pods for stargazing. Culinary experiences range from a rooftop tapas bar and gourmet restaurant to a bakery and juice bar, complemented by an organic herb garden and orchard for fresh, locally sourced ingredients.
Ideally located just minutes from pristine beaches, top golf courses, and charming villages. Whether indulging in outdoor activities, unwinding in spa facilities, or enjoying exquisite dining, residents can embrace the Algarve€™s year-round sunshine and rich cultural heritage.
With over 40 years of expertise in Algarve real estate, Cerro Novo Properties ensures a seamless buying experience, guiding clients from selection to completion. This prestigious development is an exceptional opportunity to invest, relocate, or simply enjoy the best of coastal living. Completion is set for 2026.
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Currency Exchange
Lagoa, Faro, Portugal, 8400-200
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 €818,400 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 |
|---|---|---|---|
| €818,400 | £674,280 | £692,440 | £18,160 |
| Property Price € | €818,400 |
| Minimum cost in the last six months | £674,280 |
| Maximum cost in the last six months | £692,440 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,160 |
Lagoa, Faro, Portugal, 8400-200
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 €818,400 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 |
|---|---|---|---|
| €818,400 | £674,280 | £692,440 | £18,160 |
| Property Price € | €818,400 |
| Minimum cost in the last six months | £674,280 |
| Maximum cost in the last six months | £692,440 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,160 |
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 £18,160 more.
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