House with 3 Bedrooms and Apartment T1 - Cabouco - Lagoa

Lagoa (Açores), Ilha de São Miguel, Portugal, 9560-302

For Sale

€499,950

REF: 728975 €499,950


3

3

Description

House with 3 Bedrooms. 3 Wc's. Fireplace. 1 Bedroom Independent Apartment. Inserted in Land with 1.378,00 m2. Garage. Side entrance. Garden with Fruit Trees. Porch with Barbecue and Oven. House with 3 Bedrooms 3 Wc's Fireplace Apartment T1 Independent Inserted in Land with 1.378,00 m2 Garage Side Entrance Garden with Fruit Trees Porch with Barbecue and Oven Cabouco is a parish in the municipality of Lagoa (Azores), with 5.43 km of area and 1,970 inhabitants (2021 Census). This parish is called by Cabouco because once there were large "caboucos" or quarries, having been elevated to parish in 1980, thus being the newest parish of the Municipality of Lagoa.

Currently, Cabouco is a parish in great growth, being the parish of the county that registers the highest index of demand for houses and land for construction. In addition, it has an industrial zone at its term, which already has a few thousand square meters of covered area.
House with 3 Bedrooms. 3 Wc's. Fireplace. 1 Bedroom Independent Apartment. Inserted in Land with 1.378,00 m2. Garage. Side entrance. Garden with Fruit Trees. Porch with Barbecue and Oven. House with 3 Bedrooms 3 Wc's Fireplace Apartment T1 Independent Inserted in Land with 1.378,00 m2 Garage Side Entrance Garden with Fruit Trees Porch with Barbecue and Oven Cabouco is a parish in the municipality of Lagoa (Azores), with 5.43 km of area and 1,970 inhabitants (2021 Census). This parish is called by Cabouco because once there were large "caboucos" or quarries, having been elevated to parish in 1980, thus being the newest parish of the Municipality of Lagoa.

Currently, Cabouco is a parish in great growth, being the parish of the county that registers the highest index of demand for houses and land for construction. In addition, it has an industrial zone at its term, which already has a few thousand square meters of covered area.
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Property on Map

#326/M/03445

Currency Exchange

Lagoa (Açores), Ilha de São Miguel, Portugal, 9560-302

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 €499,950 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
€499,950 £414,114 £429,682 £15,568
Property Price € €499,950
Minimum cost in the last six months £414,114
Maximum cost in the last six months £429,682
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,568

Lagoa (Açores), Ilha de São Miguel, Portugal, 9560-302

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 €499,950 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
€499,950 £414,114 £429,682 £15,568
Property Price € €499,950
Minimum cost in the last six months £414,114
Maximum cost in the last six months £429,682
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,568

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 £15,568 more.

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