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3 Bedroom apartment with 152 sqm with balcony and a small terrace, was the target of a large study work, being completely redesigned to adapt to the needs of our days
Massarelos, Porto, Portugal
REF: 618432
€545,000
Description
3 Bedroom apartment with 152 sqm with balcony and a small terrace, was the target of a large study work, being completely redesigned to adapt to the needs of our days. It was rebuilt with high quality materials and solutions, seeking to provide its future residents with the greatest possible comfort in its use. The apartment is located on the ground floor of the building with entrance through the interior of the same and entrance from the back, functioning as a villa. Part of the room is a large patio at the back and a good-sized balcony. It also has individual garage (box). Building built early sixties of the last century, maintains externally its original design, common areas also without major changes, is indented in relation to the street, which makes it have a generous outdoor space, allowing easy access to individual garages and even parking more cars in that space. The building has ground floor and three more floors, having a total of only eight rooms (two per floor). It has an elevator. Its location is exceptional, a few meters from The Avenue of Boavista, next to the 'Hollywood District'. In the surroundings there is a range of commerce and services, such as pharmacies, cafes, bakeries, supermarkets, hospitals, banks and universities, as well as cultural equipment, from Casa da Música, Casa das Artes, Botanical Garden, among others. The area is very quiet and easy access to the main communication routes, with transport at the door, and close to the interface of Casa da Música (metro, taxis, city buses, regional, national and international). Castelhana is a Portuguese real estate agency present in the domestic market for over 20 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal. Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. In Porto we are based in the sophisticated Boavista district, in Lisbon, in Chiado, one of the most emblematic and traditional districts of the city. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
3 Bedroom apartment with 152 sqm with balcony and a small terrace, was the target of a large study work, being completely redesigned to adapt to the needs of our days. It was rebuilt with high quality materials and solutions, seeking to provide its future residents with the greatest possible comfort in its use. The apartment is located on the ground floor of the building with entrance through the interior of the same and entrance from the back, functioning as a villa. Part of the room is a large patio at the back and a good-sized balcony. It also has individual garage (box). Building built early sixties of the last century, maintains externally its original design, common areas also without major changes, is indented in relation to the street, which makes it have a generous outdoor space, allowing easy access to individual garages and even parking more cars in that space. The building has ground floor and three more floors, having a total of only eight rooms (two per floor). It has an elevator. Its location is exceptional, a few meters from The Avenue of Boavista, next to the 'Hollywood District'. In the surroundings there is a range of commerce and services, such as pharmacies, cafes, bakeries, supermarkets, hospitals, banks and universities, as well as cultural equipment, from Casa da Música, Casa das Artes, Botanical Garden, among others. The area is very quiet and easy access to the main communication routes, with transport at the door, and close to the interface of Casa da Música (metro, taxis, city buses, regional, national and international). Castelhana is a Portuguese real estate agency present in the domestic market for over 20 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal. Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. In Porto we are based in the sophisticated Boavista district, in Lisbon, in Chiado, one of the most emblematic and traditional districts of the city. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
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Currency Exchange
Massarelos, 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 €545,000 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 |
|---|---|---|---|
| €545,000 | £451,429 | £468,400 | £16,971 |
| Property Price € | €545,000 |
| Minimum cost in the last six months | £451,429 |
| Maximum cost in the last six months | £468,400 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,971 |
Massarelos, 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 €545,000 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 |
|---|---|---|---|
| €545,000 | £451,429 | £468,400 | £16,971 |
| Property Price € | €545,000 |
| Minimum cost in the last six months | £451,429 |
| Maximum cost in the last six months | £468,400 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,971 |
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 £16,971 more.
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