All units can be sold fully decorated and furnished

Vila Nova de Gaia, Porto, Portugal

For Sale

€579,800

REF: 437610 €579,800


1

1


82 m2

Description

All units can be sold fully decorated and furnished. The timeless elegance of the Palace of Fervença stems from a rehabilitation project of an 18th-century building that preserves many of its unique architectural features. The project consists of 2 self-contained buildings, the renovated Palace and a new structure, separated by a magnificent private internal garden.

Inside the renovated palace, most units include mezzanines that highlight the original double-height ceilings. With splendid views of Porto's Old Town, Fervença Palace is located on the banks of the Douro River near Porto's main attractions, including the D. Luís I Bridge, the Sé and the Port Wine Cellars.

All apartments include air conditioning, double-glazed windows, fully equipped kitchens and can come fully furnished. Most units will have fantastic views of the Douro River and the city of Porto. Energy Rating: B- #ref:SF272_E
All units can be sold fully decorated and furnished. The timeless elegance of the Palace of Fervença stems from a rehabilitation project of an 18th-century building that preserves many of its unique architectural features. The project consists of 2 self-contained buildings, the renovated Palace and a new structure, separated by a magnificent private internal garden.

Inside the renovated palace, most units include mezzanines that highlight the original double-height ceilings. With splendid views of Porto's Old Town, Fervença Palace is located on the banks of the Douro River near Porto's main attractions, including the D. Luís I Bridge, the Sé and the Port Wine Cellars.

All apartments include air conditioning, double-glazed windows, fully equipped kitchens and can come fully furnished. Most units will have fantastic views of the Douro River and the city of Porto. Energy Rating: B- #ref:SF272_E
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Property on Map

#SF272_E

Currency Exchange

Vila Nova de Gaia, Porto, 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 €579,800 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
€579,800 £480,254 £498,309 £18,055
Property Price € €579,800
Minimum cost in the last six months £480,254
Maximum cost in the last six months £498,309
Fluctuating exchange rates over the last six months could have increased the cost of this property by £18,055

Vila Nova de Gaia, Porto, 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 €579,800 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
€579,800 £480,254 £498,309 £18,055
Property Price € €579,800
Minimum cost in the last six months £480,254
Maximum cost in the last six months £498,309
Fluctuating exchange rates over the last six months could have increased the cost of this property by £18,055

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 £18,055 more.

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