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Stone house to restore
Vieira do Minho, Braga, Portugal
REF: 364474
€100,000
Description
Stone house to restore. This house has a ground floor and a ground floor. The ground floor is used for storage and on the first floor there is a kitchen, lounge, bathroom and two bedrooms. It has a patio with fruit trees and outbuildings for animals. Attached to the house is a plot of land measuring 3100 m2, which could be developed. Road access is good and the area is very quiet. There are some public services in the village and other useful services such as a supermarket, pharmacy, cafés, ATM, florist, etc. Rossas is a Portuguese village, the seat of the Parish of Rossas in the Municipality of Vieira do Minho, a parish with an area of 32.39 km² and 1468 inhabitants (2021 census), with a population density of 45.3 inhabitants/km². The village of Rossas was elevated to town status on 12 July 2001. The town of Rossas is located 11 km SSE of the municipal centre. #ref: 63124
Stone house to restore. This house has a ground floor and a ground floor. The ground floor is used for storage and on the first floor there is a kitchen, lounge, bathroom and two bedrooms. It has a patio with fruit trees and outbuildings for animals. Attached to the house is a plot of land measuring 3100 m2, which could be developed. Road access is good and the area is very quiet. There are some public services in the village and other useful services such as a supermarket, pharmacy, cafés, ATM, florist, etc. Rossas is a Portuguese village, the seat of the Parish of Rossas in the Municipality of Vieira do Minho, a parish with an area of 32.39 km² and 1468 inhabitants (2021 census), with a population density of 45.3 inhabitants/km². The village of Rossas was elevated to town status on 12 July 2001. The town of Rossas is located 11 km SSE of the municipal centre. #ref: 63124
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Currency Exchange
Vieira do Minho, Braga, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,831 | £85,945 | £3,114 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,831 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,114 |
Vieira do Minho, Braga, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,831 | £85,945 | £3,114 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,831 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,114 |
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 £3,114 more.
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