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Apartment T6 in Lapa with wide and frontal river view
Lapa, Lisboa, Portugal
REF: 111118
€4,200,000
Description
Sumptuous and with plenty of natural light, this apartment in the prestigious lapa area has six bedrooms and three rooms and a fabulous total river view. They would be two apartments that early on was built as a single - full floor. With 430sqm of covered area and terraces of 200sqm, with 360 view over Lisbon and front view of the Tagus River. Located in quiet square, it is the top floor of a six-story building with elevator. Parking for four cars in the common garage. Two storage. It needs refurbishment. Apartment with usufruct. The owner undertakes to give an income of 2.5% on the amount paid in the CPCV (Promissory contract) Lapa is one of the most prestigious areas of the city of Lisbon due, also, to the large presence of embassies and consulates and residences of ambassadors. Close to schools, commerce and services, close to tram and bus stop. 11 kms from Lisbon International Airport (about 20 minutes by car). The information referred to is not binding and does not dispense with confirmation by consulting the property documentation.
Sumptuous and with plenty of natural light, this apartment in the prestigious lapa area has six bedrooms and three rooms and a fabulous total river view. They would be two apartments that early on was built as a single - full floor. With 430sqm of covered area and terraces of 200sqm, with 360 view over Lisbon and front view of the Tagus River. Located in quiet square, it is the top floor of a six-story building with elevator. Parking for four cars in the common garage. Two storage. It needs refurbishment. Apartment with usufruct. The owner undertakes to give an income of 2.5% on the amount paid in the CPCV (Promissory contract) Lapa is one of the most prestigious areas of the city of Lisbon due, also, to the large presence of embassies and consulates and residences of ambassadors. Close to schools, commerce and services, close to tram and bus stop. 11 kms from Lisbon International Airport (about 20 minutes by car). The information referred to is not binding and does not dispense with confirmation by consulting the property documentation.
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Currency Exchange
Lapa, 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 €4,200,000 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 |
|---|---|---|---|
| €4,200,000 | £3,478,902 | £3,609,690 | £130,788 |
| Property Price € | €4,200,000 |
| Minimum cost in the last six months | £3,478,902 |
| Maximum cost in the last six months | £3,609,690 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £130,788 |
Lapa, 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 €4,200,000 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 |
|---|---|---|---|
| €4,200,000 | £3,478,902 | £3,609,690 | £130,788 |
| Property Price € | €4,200,000 |
| Minimum cost in the last six months | £3,478,902 |
| Maximum cost in the last six months | £3,609,690 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £130,788 |
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 £130,788 more.
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