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Magnificent detached house with a distinctive style, for sale, situated in one of the most exclusive and desirable locations in the city of Porto, in Lordelo do Ouro
Porto, Portugal
REF: 726663
€1,250,000
Description
Magnificent detached house with a distinctive style, for sale, situated in one of the most exclusive and desirable locations in the city of Porto, in Lordelo do Ouro. Theproperty is in a good state of repair, with the potential to renovate and remodel the spaces, especially the garden , which allows you to create a personalized refuge. On the first floor , you'll find the living room, with windows opening onto the garden, a second living room offering versatility of space, while the office provides an environment reserved for professional tasks and a guest bathroom. On the second floor, the private area consists of four generous bedrooms and two bathrooms. The basement offers significant additional space, comprising two bedrooms, an extra room that can be used for various purposes, and a kitchen with direct access to the garden, pantry and a bathroom. The property has previously been rented out for services and the large garden was used for parking 18 cars. This villa is in a privileged location, surrounded by shops, services and excellent transport options. Its proximity to important access routes guarantees a direct link to all parts of the city. CHARACTERISTICS:Plot Area: 747 m2 | 8 041 sq ftDeployment Area: 142 m2 | 1 523 sq ftBuilding Area: 342 m2 | 3 676 sq ftBedrooms: 6Bathrooms: 4Energy efficiency: CFEATURES: 6 bedroom villa Garden 3 Floors 6 Bedrooms Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
Magnificent detached house with a distinctive style, for sale, situated in one of the most exclusive and desirable locations in the city of Porto, in Lordelo do Ouro. Theproperty is in a good state of repair, with the potential to renovate and remodel the spaces, especially the garden , which allows you to create a personalized refuge. On the first floor , you'll find the living room, with windows opening onto the garden, a second living room offering versatility of space, while the office provides an environment reserved for professional tasks and a guest bathroom. On the second floor, the private area consists of four generous bedrooms and two bathrooms. The basement offers significant additional space, comprising two bedrooms, an extra room that can be used for various purposes, and a kitchen with direct access to the garden, pantry and a bathroom. The property has previously been rented out for services and the large garden was used for parking 18 cars. This villa is in a privileged location, surrounded by shops, services and excellent transport options. Its proximity to important access routes guarantees a direct link to all parts of the city. CHARACTERISTICS:Plot Area: 747 m2 | 8 041 sq ftDeployment Area: 142 m2 | 1 523 sq ftBuilding Area: 342 m2 | 3 676 sq ftBedrooms: 6Bathrooms: 4Energy efficiency: CFEATURES: 6 bedroom villa Garden 3 Floors 6 Bedrooms Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Currency Exchange
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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,035,388 | £1,074,313 | £38,925 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,035,388 |
| Maximum cost in the last six months | £1,074,313 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,925 |
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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,035,388 | £1,074,313 | £38,925 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,035,388 |
| Maximum cost in the last six months | £1,074,313 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,925 |
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 £38,925 more.
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