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Palacete in Paço Lumiar
Paço do Lumiar, Lisboa, Portugal
REF: 111044
€7,500,000
Description
Palace T5 in The Lumiar Palace, with 1.188sqm with private garden 2.780sqm. Inserted in condominium with swimming pool and party room, total gardens of 14,000sqm. The mansion, with 5 suites, lounges, dining room, games room and music, as well as an entrance hall, is rich in noble materials, preserving in all its divisions the aristocratic elegance that characterizes it since its construction. The chapel, erected in the twentieth century, added even more charisma to the palace, sharing the rich aesthetic treatment present in the other spaces. Completely refurbished in 2010, the mansion went into style in the new century, now benefiting from completely renovated bathrooms, and a kitchen equipped with the latest technologies. The old fireplaces are now articulated with the central heating system recently installed, to provide unparalleled comfort in all rooms of this magnificent property. There is also an annex with ground floor and stolen waters of 190sqm with 4 divisions and a garage for 3 parking spaces. It has a beautiful condominium pool, and full of statues, fountains and small lakes, designed in 1970 by the famous landscape architect Gonçalo Ribeiro Telles. The annexed outbuildings, such as the 1920s-century hunting lodge designed in 1920 by Raúl Lino, are richly decorated with exquisite tiles, similar to what happens in the main building. It has a beautiful condominium pool, and full of statues, fountains and small lakes, designed in 1970 by the famous landscape architect Gonçalo Ribeiro Telles. The annexed outbuildings, such as the 1920s-century hunting lodge designed in 1920 by Raúl Lino, are richly decorated with exquisite tiles, similar to what happens in the main building. The information referred to is not binding and does not exempt the consultation of the property documentation
Palace T5 in The Lumiar Palace, with 1.188sqm with private garden 2.780sqm. Inserted in condominium with swimming pool and party room, total gardens of 14,000sqm. The mansion, with 5 suites, lounges, dining room, games room and music, as well as an entrance hall, is rich in noble materials, preserving in all its divisions the aristocratic elegance that characterizes it since its construction. The chapel, erected in the twentieth century, added even more charisma to the palace, sharing the rich aesthetic treatment present in the other spaces. Completely refurbished in 2010, the mansion went into style in the new century, now benefiting from completely renovated bathrooms, and a kitchen equipped with the latest technologies. The old fireplaces are now articulated with the central heating system recently installed, to provide unparalleled comfort in all rooms of this magnificent property. There is also an annex with ground floor and stolen waters of 190sqm with 4 divisions and a garage for 3 parking spaces. It has a beautiful condominium pool, and full of statues, fountains and small lakes, designed in 1970 by the famous landscape architect Gonçalo Ribeiro Telles. The annexed outbuildings, such as the 1920s-century hunting lodge designed in 1920 by Raúl Lino, are richly decorated with exquisite tiles, similar to what happens in the main building. It has a beautiful condominium pool, and full of statues, fountains and small lakes, designed in 1970 by the famous landscape architect Gonçalo Ribeiro Telles. The annexed outbuildings, such as the 1920s-century hunting lodge designed in 1920 by Raúl Lino, are richly decorated with exquisite tiles, similar to what happens in the main building. The information referred to is not binding and does not exempt the consultation of the property documentation
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Currency Exchange
Paço do Lumiar, Lisboa, 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 €7,500,000 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 |
|---|---|---|---|
| €7,500,000 | £6,239,100 | £6,454,650 | £215,550 |
| Property Price € | €7,500,000 |
| Minimum cost in the last six months | £6,239,100 |
| Maximum cost in the last six months | £6,454,650 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £215,550 |
Paço do Lumiar, Lisboa, 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 €7,500,000 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 |
|---|---|---|---|
| €7,500,000 | £6,239,100 | £6,454,650 | £215,550 |
| Property Price € | €7,500,000 |
| Minimum cost in the last six months | £6,239,100 |
| Maximum cost in the last six months | £6,454,650 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £215,550 |
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 £215,550 more.
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