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An independent property with three urban items, yard and water well
Penela, Coimbra, Portugal
REF: 633805
€115,000
Description
An independent property with three urban items, yard and water well. The main house is in a good state of conservation. It comprises two bedrooms, one with west and one with east exposure to the sun, a large bathroom, a kitchen with fireplace and a living room. Above the kitchen, with exterior access by stairs, there is a beautiful terrace with excellent views and with access to the attic that serves as storage. The main house that was renovated is already built in masonry. This house has a terrace in front of the kitchen with south orientation, ideal to enjoy the sun on winter afternoons and very pleasant in summer. The other two houses have walls and roofs in good condition. One of them has the ground floor divided into a closed garage and an open shed. The upper floor is spacious and serves as storage, as does the third house. The great and effective value of these houses is that they can be renovated and lived in or made profitable. The land with about 7000 m2, is flat, has well water and good sun exposure. This property is located in the municipality of Penela, ten minutes from the village of Avelar, where you will find several shops, banks, post office, supermarkets, schools and a hospital with 24h assistance. The access to the highway is about twelve minutes, the city of Coimbra is thirty minutes away and the beaches are one hour away. Three minutes away from the house there is a very popular café/pastry shop and restaurant. Ideal for those seeking the quiet of the countryside, with the advantage of being able to enjoy an extra income, obtained as soon as the older houses are renovated. Come and visit. #ref: 87139
An independent property with three urban items, yard and water well. The main house is in a good state of conservation. It comprises two bedrooms, one with west and one with east exposure to the sun, a large bathroom, a kitchen with fireplace and a living room. Above the kitchen, with exterior access by stairs, there is a beautiful terrace with excellent views and with access to the attic that serves as storage. The main house that was renovated is already built in masonry. This house has a terrace in front of the kitchen with south orientation, ideal to enjoy the sun on winter afternoons and very pleasant in summer. The other two houses have walls and roofs in good condition. One of them has the ground floor divided into a closed garage and an open shed. The upper floor is spacious and serves as storage, as does the third house. The great and effective value of these houses is that they can be renovated and lived in or made profitable. The land with about 7000 m2, is flat, has well water and good sun exposure. This property is located in the municipality of Penela, ten minutes from the village of Avelar, where you will find several shops, banks, post office, supermarkets, schools and a hospital with 24h assistance. The access to the highway is about twelve minutes, the city of Coimbra is thirty minutes away and the beaches are one hour away. Three minutes away from the house there is a very popular café/pastry shop and restaurant. Ideal for those seeking the quiet of the countryside, with the advantage of being able to enjoy an extra income, obtained as soon as the older houses are renovated. Come and visit. #ref: 87139
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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 €115,000 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 |
|---|---|---|---|
| €115,000 | £94,749 | £98,837 | £4,088 |
| Property Price € | €115,000 |
| Minimum cost in the last six months | £94,749 |
| Maximum cost in the last six months | £98,837 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,088 |
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 €115,000 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 |
|---|---|---|---|
| €115,000 | £94,749 | £98,837 | £4,088 |
| Property Price € | €115,000 |
| Minimum cost in the last six months | £94,749 |
| Maximum cost in the last six months | £98,837 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,088 |
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 £4,088 more.
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