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3-Front house with 357sqm of interior area on a 389sqm plot, located in the best residential area of Foz, next to Marechal Gomes da Costa and Cristo Rei The house needs some adaptation and modernization work, but it has an impeccable structure, its imposing stairs and solid wood are its distinctive
União das Freguesias de Lordelo do Ouro e Massarelos, Porto, Portugal
REF: 739981
€1,145,000
Description
3-Front house with 357sqm of interior area on a 389sqm plot, located in the best residential area of Foz, next to Marechal Gomes da Costa and Cristo Rei The house needs some adaptation and modernization work, but it has an impeccable structure, its imposing stairs and solid wood are its distinctive features. It is distributed over 3 floors above the threshold level, all with plenty of natural light, with East, West and North solar orientation The garden at the back and side and the front patio with a total uncovered area of 220sqm complement this property, as well as the annex at the back that could be transformed into a leisure area, gym, lounge or even an apartment due to its homogeneous shape. and already adapted with toilet The house has a project with an approved license for expansion that can reach up to 598sqm of interior area, which may or may not be used, but it is undoubtedly an added value if one of the objectives is to change the facades, with this project you can start the work immediately It also stands out for its privileged location, a prime residential area and one of the most sought after in the city due to its tranquility and family atmosphere, a few steps from Marechal Gomes da Costa and Cristo Rei, 1800 meters from the beaches of Foz and approximately 1000 meters from Parque da Cidade, schools and colleges such as Oporto British School, Colégio Francês, CLIP, Colégio Alemão and the Catholic University are located within a 5-minute drive Castelhana is a Portuguese real estate agency present in the domestic market for over 25 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal. Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. In Porto, we are based in Foz Do Douro, one of the noblest places in the city. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital and in the Algarve region next to the renowned Vilamoura Marina. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us! /n
3-Front house with 357sqm of interior area on a 389sqm plot, located in the best residential area of Foz, next to Marechal Gomes da Costa and Cristo Rei The house needs some adaptation and modernization work, but it has an impeccable structure, its imposing stairs and solid wood are its distinctive features. It is distributed over 3 floors above the threshold level, all with plenty of natural light, with East, West and North solar orientation The garden at the back and side and the front patio with a total uncovered area of 220sqm complement this property, as well as the annex at the back that could be transformed into a leisure area, gym, lounge or even an apartment due to its homogeneous shape. and already adapted with toilet The house has a project with an approved license for expansion that can reach up to 598sqm of interior area, which may or may not be used, but it is undoubtedly an added value if one of the objectives is to change the facades, with this project you can start the work immediately It also stands out for its privileged location, a prime residential area and one of the most sought after in the city due to its tranquility and family atmosphere, a few steps from Marechal Gomes da Costa and Cristo Rei, 1800 meters from the beaches of Foz and approximately 1000 meters from Parque da Cidade, schools and colleges such as Oporto British School, Colégio Francês, CLIP, Colégio Alemão and the Catholic University are located within a 5-minute drive Castelhana is a Portuguese real estate agency present in the domestic market for over 25 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal. Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. In Porto, we are based in Foz Do Douro, one of the noblest places in the city. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital and in the Algarve region next to the renowned Vilamoura Marina. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us! /n
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Currency Exchange
União das Freguesias de Lordelo do Ouro e Massarelos, 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 €1,145,000 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 |
|---|---|---|---|
| €1,145,000 | £943,366 | £971,075 | £27,709 |
| Property Price € | €1,145,000 |
| Minimum cost in the last six months | £943,366 |
| Maximum cost in the last six months | £971,075 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,709 |
União das Freguesias de Lordelo do Ouro e Massarelos, 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 €1,145,000 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 |
|---|---|---|---|
| €1,145,000 | £943,366 | £971,075 | £27,709 |
| Property Price € | €1,145,000 |
| Minimum cost in the last six months | £943,366 |
| Maximum cost in the last six months | £971,075 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,709 |
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 £27,709 more.
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