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A farmhouse with 240 m2 of gross construction area, bordering the river, 5 minutes from the town of Penela
Penela, Coimbra, Portugal
REF: 633791
€190,000
Description
A farmhouse with 240 m2 of gross construction area, bordering the river, 5 minutes from the town of Penela. This property comprises a ground floor divided into two large wings: one part garage, the other part cellar and storage. Access to the first floor is outside and leads to a balcony enclosed by a sunroom. On the right hand side is a kitchen with good areas and windows with beautiful views of the backyard, river and mountains. A central corridor leads to three good-sized bedrooms and a bathroom. The living room is large and spacious, with a window to the front of the house. The house was built in 1984. It is a very solid masonry construction. Although it needs aesthetic and thermal improvements, it's a simple renovation because structurally and roof-wise there's nothing to do. Next to the house are some outbuildings that have long been used to support agriculture and cattle breeding. The land is flat and covers around 16,000 square metres, with only a slight slope. It has a well, a spring (mine) and also faces directly onto the river. It is a very fertile area with excellent sun exposure. The town of Penela is just five minutes away, the town of Miranda do Corvo is fifteen minutes away, the city of Coimbra is twenty minutes away and the motorway is four minutes away with connections to the whole country: Lisbon is two hours away and Porto is one hour and thirty minutes away. An excellent property that can be exploited in various ways: - ideal for living on and developing a subsistence farming project or even for surplus production, which could be sold; - ideal for raising livestock, including horses; - great potential for local accommodation with the possibility of enjoying the river in total privacy. In the area there is mail distribution, door-to-door bread and rubbish collection by the municipality. Access is very good - shops are just five minutes away, as are the health centre, schools and public services. Features: - 1 full bathroom - 2 unequipped kitchens - 1 lounge - 3 bedrooms - Garage - Cellar - Storage room - Backyard with water well Relevant distances: - Town of Penela 3 km away - Motorway 2 km away - City of Coimbra 23 km away - Lisbon 200 km away - Porto 180 km away Come and visit us. #ref: 87085
A farmhouse with 240 m2 of gross construction area, bordering the river, 5 minutes from the town of Penela. This property comprises a ground floor divided into two large wings: one part garage, the other part cellar and storage. Access to the first floor is outside and leads to a balcony enclosed by a sunroom. On the right hand side is a kitchen with good areas and windows with beautiful views of the backyard, river and mountains. A central corridor leads to three good-sized bedrooms and a bathroom. The living room is large and spacious, with a window to the front of the house. The house was built in 1984. It is a very solid masonry construction. Although it needs aesthetic and thermal improvements, it's a simple renovation because structurally and roof-wise there's nothing to do. Next to the house are some outbuildings that have long been used to support agriculture and cattle breeding. The land is flat and covers around 16,000 square metres, with only a slight slope. It has a well, a spring (mine) and also faces directly onto the river. It is a very fertile area with excellent sun exposure. The town of Penela is just five minutes away, the town of Miranda do Corvo is fifteen minutes away, the city of Coimbra is twenty minutes away and the motorway is four minutes away with connections to the whole country: Lisbon is two hours away and Porto is one hour and thirty minutes away. An excellent property that can be exploited in various ways: - ideal for living on and developing a subsistence farming project or even for surplus production, which could be sold; - ideal for raising livestock, including horses; - great potential for local accommodation with the possibility of enjoying the river in total privacy. In the area there is mail distribution, door-to-door bread and rubbish collection by the municipality. Access is very good - shops are just five minutes away, as are the health centre, schools and public services. Features: - 1 full bathroom - 2 unequipped kitchens - 1 lounge - 3 bedrooms - Garage - Cellar - Storage room - Backyard with water well Relevant distances: - Town of Penela 3 km away - Motorway 2 km away - City of Coimbra 23 km away - Lisbon 200 km away - Porto 180 km away Come and visit us. #ref: 87085
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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 €190,000 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 |
|---|---|---|---|
| €190,000 | £157,379 | £163,296 | £5,917 |
| Property Price € | €190,000 |
| Minimum cost in the last six months | £157,379 |
| Maximum cost in the last six months | £163,296 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,917 |
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 €190,000 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 |
|---|---|---|---|
| €190,000 | £157,379 | £163,296 | £5,917 |
| Property Price € | €190,000 |
| Minimum cost in the last six months | £157,379 |
| Maximum cost in the last six months | £163,296 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,917 |
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 £5,917 more.
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