Fully refurbished five-bedroom villa for sale in the heart of Porto's Bairro das Artes district

Porto, Portugal

For Sale

€1,200,000

REF: 744651 €1,200,000


5

3

2013

Description

Fully refurbished five-bedroom villa for sale in the heart of Porto's Bairro das Artes district. With four bedrooms, two of which are suites, this fantastic villa, located just a few meters from the future Hospital de Santo António Metro station, is spread over three harmoniously divided floors, with two terraces and direct views of the green and peaceful gardens of the Soares dos Reis Museum.

It also has two parking spaces. Also part of the property and included in the price is an independent entrance and use unit, with 59 m2, a bedroom, kitchen and bathroom, sold fully furnished and with a Local Accommodation license to generate an interesting monthly income. In downtown Porto, close to traditional shops, all the tourist attractions, restaurants and bars, as well as all public transport and access to the main roads.

CHARACTERISTICS:Plot Area: 106 m2 | 1 141 sq ftDeployment Area: 101 m2 | 1 087 sq ftBuilding Area: 359 m2 | 3 862 sq ftBedrooms: 5Bathrooms: 3Garage: 2Energy efficiency: BInternationally 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
Fully refurbished five-bedroom villa for sale in the heart of Porto's Bairro das Artes district. With four bedrooms, two of which are suites, this fantastic villa, located just a few meters from the future Hospital de Santo António Metro station, is spread over three harmoniously divided floors, with two terraces and direct views of the green and peaceful gardens of the Soares dos Reis Museum.

It also has two parking spaces. Also part of the property and included in the price is an independent entrance and use unit, with 59 m2, a bedroom, kitchen and bathroom, sold fully furnished and with a Local Accommodation license to generate an interesting monthly income. In downtown Porto, close to traditional shops, all the tourist attractions, restaurants and bars, as well as all public transport and access to the main roads.

CHARACTERISTICS:Plot Area: 106 m2 | 1 141 sq ftDeployment Area: 101 m2 | 1 087 sq ftBuilding Area: 359 m2 | 3 862 sq ftBedrooms: 5Bathrooms: 3Garage: 2Energy efficiency: BInternationally 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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Property on Map

#LS04907

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 €1,200,000 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
€1,200,000 £993,972 £1,031,976 £38,004
Property Price € €1,200,000
Minimum cost in the last six months £993,972
Maximum cost in the last six months £1,031,976
Fluctuating exchange rates over the last six months could have increased the cost of this property by £38,004

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 €1,200,000 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
€1,200,000 £993,972 £1,031,976 £38,004
Property Price € €1,200,000
Minimum cost in the last six months £993,972
Maximum cost in the last six months £1,031,976
Fluctuating exchange rates over the last six months could have increased the cost of this property by £38,004

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 £38,004 more.

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