**House for Sale in Foz do Douro – Prime Location** House located at the corner of Rua da Beneditina and Rua dos Olivais, in the prestigious Foz do Douro area of Porto

Porto, Porto, Portugal

For Sale

€675,000

REF: 695624 €675,000


4

2

261 m2

210 m2

Description

**House for Sale in Foz do Douro – Prime Location** House located at the corner of Rua da Beneditina and Rua dos Olivais, in the prestigious Foz do Douro area of Porto. Just a short walk from Cantareira and Passeio Alegre garden, this property enjoys a premium location with stunning river views from the upper floors.

The house requires renovation but already has an approved project and licenses ready for payment, enabling the construction of a modern 3-story home featuring: - 4 bedrooms (3 suites) and an office. - Possibility of adding a basement with natural light (140m²). **Areas and layout as per the approved project:** - **Plot size:** 210m².

- **Built area:** 261m² (225m² of living space + 36m² for garage and annex). - **Garden:** 70m². - **Balconies and terraces:** 17m². **Floor distribution:** - **Ground floor:** Garage, hall, guest bathroom, open-plan living room (42m²) and kitchen (17m²), garden (70m²), and laundry. - **1st floor:** 2 suites (19m² and 17m²), office (9m²), terrace (14m²), and balcony (3m²).

- **2nd floor:** 1 suite (19m²), hallway, additional living room/bedroom (16m²), and access to the roof. **Energy rating:** E (current condition). **Note:** The cost of the construction license is not included in the price. A unique opportunity to design and live in a custom home in the heart of Foz do Douro. For more information or to schedule a visit, contact us today. #ref: 96386
**House for Sale in Foz do Douro – Prime Location** House located at the corner of Rua da Beneditina and Rua dos Olivais, in the prestigious Foz do Douro area of Porto. Just a short walk from Cantareira and Passeio Alegre garden, this property enjoys a premium location with stunning river views from the upper floors.

The house requires renovation but already has an approved project and licenses ready for payment, enabling the construction of a modern 3-story home featuring: - 4 bedrooms (3 suites) and an office. - Possibility of adding a basement with natural light (140m²). **Areas and layout as per the approved project:** - **Plot size:** 210m².

- **Built area:** 261m² (225m² of living space + 36m² for garage and annex). - **Garden:** 70m². - **Balconies and terraces:** 17m². **Floor distribution:** - **Ground floor:** Garage, hall, guest bathroom, open-plan living room (42m²) and kitchen (17m²), garden (70m²), and laundry. - **1st floor:** 2 suites (19m² and 17m²), office (9m²), terrace (14m²), and balcony (3m²).

- **2nd floor:** 1 suite (19m²), hallway, additional living room/bedroom (16m²), and access to the roof. **Energy rating:** E (current condition). **Note:** The cost of the construction license is not included in the price. A unique opportunity to design and live in a custom home in the heart of Foz do Douro. For more information or to schedule a visit, contact us today. #ref: 96386
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Property on Map

#96386

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 €675,000 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
€675,000 £556,133 £571,111 £14,978
Property Price € €675,000
Minimum cost in the last six months £556,133
Maximum cost in the last six months £571,111
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,978

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 €675,000 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
€675,000 £556,133 £571,111 £14,978
Property Price € €675,000
Minimum cost in the last six months £556,133
Maximum cost in the last six months £571,111
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,978

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 £14,978 more.

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