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Space with 1250 m2, in the centre of the city a few meters from the beach, in the area of a lot of movement
Povoa de Varzim, Portugal
REF: 296898
€1,720,000
Description
Space with 1250 m2, in the centre of the city a few meters from the beach, in the area of a lot of movement. Excellent business opportunity ! Ref.:PV02855 CHARACTERISTICS:Useful area: 1 250 m2 | 13 455 sq ftEnergy efficiency: Certification in progressENTREPORTAS Founded in 2004, the ENTREPORTAS Group, with more then 15 years, is the real estate leader within its market, offering an innovative and quality service. ENTREPORTAS has a very strong presence within northern Portugal, with 7 offices in the cities of Viana do Castelo, Caminha, Póvoa de Varzim, Vila do Conde and Marco de Canaveses. ENTREPORTAS is currently a market leader within real estate in the north of the country, which makes us the natural choice for those planning to buy or sell a property. OUR HOME IS YOUR HOME LIC AMI 6139; LIC AMI 9250; LIC AMI 9063
Space with 1250 m2, in the centre of the city a few meters from the beach, in the area of a lot of movement. Excellent business opportunity ! Ref.:PV02855 CHARACTERISTICS:Useful area: 1 250 m2 | 13 455 sq ftEnergy efficiency: Certification in progressENTREPORTAS Founded in 2004, the ENTREPORTAS Group, with more then 15 years, is the real estate leader within its market, offering an innovative and quality service. ENTREPORTAS has a very strong presence within northern Portugal, with 7 offices in the cities of Viana do Castelo, Caminha, Póvoa de Varzim, Vila do Conde and Marco de Canaveses. ENTREPORTAS is currently a market leader within real estate in the north of the country, which makes us the natural choice for those planning to buy or sell a property. OUR HOME IS YOUR HOME LIC AMI 6139; LIC AMI 9250; LIC AMI 9063
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Currency Exchange
Povoa de Varzim, 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 €1,720,000 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 |
|---|---|---|---|
| €1,720,000 | £1,424,693 | £1,478,254 | £53,561 |
| Property Price € | €1,720,000 |
| Minimum cost in the last six months | £1,424,693 |
| Maximum cost in the last six months | £1,478,254 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £53,561 |
Povoa de Varzim, 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 €1,720,000 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 |
|---|---|---|---|
| €1,720,000 | £1,424,693 | £1,478,254 | £53,561 |
| Property Price € | €1,720,000 |
| Minimum cost in the last six months | £1,424,693 |
| Maximum cost in the last six months | £1,478,254 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £53,561 |
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 £53,561 more.
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