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Farmhouse with large grounds surrounding it in Carvalhos (parish of Pedroso, municipality of Vila Nova de Gaia)
Vila Nova de Gaia, Porto, Portugal
REF: 723287
€400,000
Description
Farmhouse with large grounds surrounding it in Carvalhos (parish of Pedroso, municipality of Vila Nova de Gaia). This traditional farmhouse was used for many years for cattle production and breeding. In recent times it has only been used by horses, and the house is in need of renovation and modernization. It has excellent potential, with the living area on the second floor and the outdoor area on the lower floor. You can therefore choose here to live a quiet life just a few minutes from good access to the highway, services and shops. On one side of the plot there is a water line and there is also a well outside the house. As well as the house, there is an old cowshed. The land is divided into three main areas: a pine forest, two pasture areas and an orchard with various trees. I invite you to discover this opportunity! Are you convinced? Book your visit now and see the distribution of rooms and the potential of this magnificent house. See you soon! #ref: 101616
Farmhouse with large grounds surrounding it in Carvalhos (parish of Pedroso, municipality of Vila Nova de Gaia). This traditional farmhouse was used for many years for cattle production and breeding. In recent times it has only been used by horses, and the house is in need of renovation and modernization. It has excellent potential, with the living area on the second floor and the outdoor area on the lower floor. You can therefore choose here to live a quiet life just a few minutes from good access to the highway, services and shops. On one side of the plot there is a water line and there is also a well outside the house. As well as the house, there is an old cowshed. The land is divided into three main areas: a pine forest, two pasture areas and an orchard with various trees. I invite you to discover this opportunity! Are you convinced? Book your visit now and see the distribution of rooms and the potential of this magnificent house. See you soon! #ref: 101616
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Currency Exchange
Vila Nova de Gaia, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £331,324 | £343,780 | £12,456 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £331,324 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,456 |
Vila Nova de Gaia, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £331,324 | £343,780 | £12,456 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £331,324 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,456 |
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 £12,456 more.
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