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LOFT with history inserted in the ground floor of the Palace of Telles de Melo, building of the decade of the SEC XVII
Lisboa, Lisboa, Portugal
REF: 692005
€700,000
Description
LOFT with history inserted in the ground floor of the Palace of Telles de Melo, building of the decade of the SEC XVII. Still in recovery, cleaning and repair of walls. Against the Fernandina wall and with a cookie oven, probably belonging to the Tercenas de El-rei who were located here during the 16th century. XVI. With an area of 165 m2 distributed by: Room of the old chapel Division prepared for interior WC Interior room Room of the old cookie oven Exterior patio Outdoor patio toilet Technical area Parking Located in São Vicente, parish where you can find the typical neighborhoods of Lisbon (Alfama and Graça). Close to all kinds of commerce, services and transports, as well as leisure and cultural areas, schools such as the Gil Vicente Primary and Secondary School and Dom Pedro IV Nursery. A few minutes away from the Lisbon International Airport and 30 minutes from the beaches of Cascais via the A5 freeway. #ref: 94250
LOFT with history inserted in the ground floor of the Palace of Telles de Melo, building of the decade of the SEC XVII. Still in recovery, cleaning and repair of walls. Against the Fernandina wall and with a cookie oven, probably belonging to the Tercenas de El-rei who were located here during the 16th century. XVI. With an area of 165 m2 distributed by: Room of the old chapel Division prepared for interior WC Interior room Room of the old cookie oven Exterior patio Outdoor patio toilet Technical area Parking Located in São Vicente, parish where you can find the typical neighborhoods of Lisbon (Alfama and Graça). Close to all kinds of commerce, services and transports, as well as leisure and cultural areas, schools such as the Gil Vicente Primary and Secondary School and Dom Pedro IV Nursery. A few minutes away from the Lisbon International Airport and 30 minutes from the beaches of Cascais via the A5 freeway. #ref: 94250
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Currency Exchange
Lisboa, Lisboa, 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 €700,000 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 |
|---|---|---|---|
| €700,000 | £576,730 | £601,615 | £24,885 |
| Property Price € | €700,000 |
| Minimum cost in the last six months | £576,730 |
| Maximum cost in the last six months | £601,615 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,885 |
Lisboa, Lisboa, 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 €700,000 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 |
|---|---|---|---|
| €700,000 | £576,730 | £601,615 | £24,885 |
| Property Price € | €700,000 |
| Minimum cost in the last six months | £576,730 |
| Maximum cost in the last six months | £601,615 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,885 |
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 £24,885 more.
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