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Sale of a House in Foz do Douro, Porto An excellent opportunity to acquire a house with a privileged location in Foz do Douro, Porto
Porto, Porto, Portugal
REF: 695624
€750,000
Description
Sale of a House in Foz do Douro, Porto An excellent opportunity to acquire a house with a privileged location in Foz do Douro, Porto. This property is situated on Rua da Beneditina, near Cantareira and Passeio Alegre garden. Living in Foz do Douro means enjoying an exclusive lifestyle, combining the historical charm of Porto city with the tranquility and natural beauty of the coastal environment. The prime location of this house offers a unique opportunity to reside in one of Porto's most coveted areas, with easy access to all conveniences, attractions, and natural beauties that Foz do Douro has to offer. With an approved project for the construction of a 3-story house, this home offers incredible potential to become your dream residence. House Features: Location: Rua da Beneditina with Rua dos Olivais, Foz do Douro, Porto. Land area: 210m2 Construction area: 261m2 Floor distribution: Ground floor: garage, entrance hall, service bathroom, living room (42m2), and kitchen (17m2) in an open space concept (total of 59m2), garden (70m2), and laundry room. 1st floor: 2 suites (19m2 and 17m2), office (9m2), terrace (14m2), and balcony (3m2). 2nd floor: suite (19m2), hallway, living room/bedroom (16m2), and access to the rooftop. River view from the upper floors. Additional areas: 17m2 of balcony and terrace, 70m2 of garden. Energy efficiency class: E (obtained according to the current conditions of the property). This house requires renovation; however, the project and specialties have already been approved. The construction permits are in the payment process and will be obtained soon. The cost of the construction permit is not included in the property price. Don't miss this opportunity to invest in a house with tremendous potential in Foz do Douro. Contact us for more information and schedule a visit. We are available to clarify all your doubts and assist you in the process of acquiring this property. #ref: 96386
Sale of a House in Foz do Douro, Porto An excellent opportunity to acquire a house with a privileged location in Foz do Douro, Porto. This property is situated on Rua da Beneditina, near Cantareira and Passeio Alegre garden. Living in Foz do Douro means enjoying an exclusive lifestyle, combining the historical charm of Porto city with the tranquility and natural beauty of the coastal environment. The prime location of this house offers a unique opportunity to reside in one of Porto's most coveted areas, with easy access to all conveniences, attractions, and natural beauties that Foz do Douro has to offer. With an approved project for the construction of a 3-story house, this home offers incredible potential to become your dream residence. House Features: Location: Rua da Beneditina with Rua dos Olivais, Foz do Douro, Porto. Land area: 210m2 Construction area: 261m2 Floor distribution: Ground floor: garage, entrance hall, service bathroom, living room (42m2), and kitchen (17m2) in an open space concept (total of 59m2), garden (70m2), and laundry room. 1st floor: 2 suites (19m2 and 17m2), office (9m2), terrace (14m2), and balcony (3m2). 2nd floor: suite (19m2), hallway, living room/bedroom (16m2), and access to the rooftop. River view from the upper floors. Additional areas: 17m2 of balcony and terrace, 70m2 of garden. Energy efficiency class: E (obtained according to the current conditions of the property). This house requires renovation; however, the project and specialties have already been approved. The construction permits are in the payment process and will be obtained soon. The cost of the construction permit is not included in the property price. Don't miss this opportunity to invest in a house with tremendous potential in Foz do Douro. Contact us for more information and schedule a visit. We are available to clarify all your doubts and assist you in the process of acquiring this property. #ref: 96386
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Currency Exchange
Porto, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
Porto, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
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 £23,355 more.
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