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The village of Penela is located in the district of Coimbra, in the centre of Portugal
Penela, Coimbra, Portugal
REF: 614068
€230,000
Description
The village of Penela is located in the district of Coimbra, in the centre of Portugal. It is known for the beauty of its buildings, the monumentality of the castle, churches and manor houses, as well as for its gastronomy and natural heritage. Destination of many tourists who come to know this village and its history. Great option for permanent housing due to the quality of life, excellent educational and cultural offer, as well as centrality and good accessibility. Just two minutes from the historic centre, close to shops, schools and public transport, is located this villa ready to live. Inserted in a flat plot of land and with its own water, coming from an artesian hole. The construction has genuine Portuguese characteristics: stone walls, natural stone staircase, a lounge with natural stone tiles and wooden shutters. The entrance is majestic to an enclosed patio, with direct access to the magnificent backyard with fruit trees, garden area and vegetable garden. On the ground floor, two large shops with access to the street. One of these shops is dedicated to socializing with family and friends, the other is intended for storage. To make day-to-day life more practical and functional, there is a bathroom on the patio and a rustic kitchen with a wood oven in the backyard. Going up to the first floor, we come to a large living room with plenty of natural light and a beautiful floor. This has access to the living room, the kitchen and the private part, bedrooms and bathroom. We enter the large living room with large windows where the views are a delight: we can see the beautiful mountains of Espinhal and Lousã. This room also has a fabulous access to the terrace and to the fully equipped kitchen. I would like to highlight the beauty of the fireplace with three large blocks of natural stone, unique! Still on this floor we have a nice living room with access to the terrace, three bedrooms and two full bathrooms. The ceilings, floor, tiles, doors and windows are in excellent condition. The potential of this property is enormous: either for first habitation or for tourism. There is also the possibility to create more rooms, make a pool and even a guest house in the backyard to host family, friends or rent. Come and visit. #ref: 83722
The village of Penela is located in the district of Coimbra, in the centre of Portugal. It is known for the beauty of its buildings, the monumentality of the castle, churches and manor houses, as well as for its gastronomy and natural heritage. Destination of many tourists who come to know this village and its history. Great option for permanent housing due to the quality of life, excellent educational and cultural offer, as well as centrality and good accessibility. Just two minutes from the historic centre, close to shops, schools and public transport, is located this villa ready to live. Inserted in a flat plot of land and with its own water, coming from an artesian hole. The construction has genuine Portuguese characteristics: stone walls, natural stone staircase, a lounge with natural stone tiles and wooden shutters. The entrance is majestic to an enclosed patio, with direct access to the magnificent backyard with fruit trees, garden area and vegetable garden. On the ground floor, two large shops with access to the street. One of these shops is dedicated to socializing with family and friends, the other is intended for storage. To make day-to-day life more practical and functional, there is a bathroom on the patio and a rustic kitchen with a wood oven in the backyard. Going up to the first floor, we come to a large living room with plenty of natural light and a beautiful floor. This has access to the living room, the kitchen and the private part, bedrooms and bathroom. We enter the large living room with large windows where the views are a delight: we can see the beautiful mountains of Espinhal and Lousã. This room also has a fabulous access to the terrace and to the fully equipped kitchen. I would like to highlight the beauty of the fireplace with three large blocks of natural stone, unique! Still on this floor we have a nice living room with access to the terrace, three bedrooms and two full bathrooms. The ceilings, floor, tiles, doors and windows are in excellent condition. The potential of this property is enormous: either for first habitation or for tourism. There is also the possibility to create more rooms, make a pool and even a guest house in the backyard to host family, friends or rent. Come and visit. #ref: 83722
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Currency Exchange
Penela, Coimbra, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £190,511 | £197,674 | £7,162 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £190,511 |
| Maximum cost in the last six months | £197,674 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,162 |
Penela, Coimbra, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £190,511 | £197,674 | £7,162 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £190,511 |
| Maximum cost in the last six months | £197,674 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,162 |
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 £7,162 more.
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