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Golden Visa investment near Lisbon
Óbidos, Leiria, Portugal, 2510-012 óbidos
REF: 751509
€500,000
Description
Óbidos is a picturesque medieval town located on the west coast of Portugal. Known for its well-preserved city walls and charming cobblestone streets, it offers a delightful blend of history, culture, and natural beauty. With its traditional whitewashed houses, colorful flower-adorned balconies, and a vibrant local community, Óbidos is a highly sought-after destination for real estate enthusiasts looking to immerse themselves in the rich Portuguese heritage and enjoy a unique living experience. This project offers the investment option between:
2x Studio = 2x 350,000.00
1x T1 apartment = 1x 500,000.00
The Royal Óbidos Spa & Golf Resort is a 5-star hotel with a spa, located close to a range of fantastic beaches and fishing villages with a rich gastronomy. The Óbidos lagoon, a famous spot among water sports enthusiasts, is also just around the corner. In addition, the Berlengas Islands an amazing nature reserve 40 minutes away by boat from the coast are ideal for nature lovers.
PROJECT ADVANTAGES:
Rental income of 5.25% per year for 5 years = 26%. This is paid in advance before purchasing the property. This is a unique proposition!
The required capital for a 1x 500k 1Bed investment would then be EUR 368,750.
Option to resell the property back to the developer for 100% of the purchase price once citizenship/PR is obtained in year 6. This option is not mandatory.
Furthermore:
- Full ownership is obtained upon investment - Hotel residence
- It is a new construction resort (Delivered in 2021), designed by none other than Philippe Starck
- There is a private PGA golf course designed by Severiano Ballesteros
- The owner can use their property for 6 weeks per year free of charge.
Óbidos is a picturesque medieval town located on the west coast of Portugal. Known for its well-preserved city walls and charming cobblestone streets, it offers a delightful blend of history, culture, and natural beauty. With its traditional whitewashed houses, colorful flower-adorned balconies, and a vibrant local community, Óbidos is a highly sought-after destination for real estate enthusiasts looking to immerse themselves in the rich Portuguese heritage and enjoy a unique living experience. This project offers the investment option between:
2x Studio = 2x 350,000.00
1x T1 apartment = 1x 500,000.00
The Royal Óbidos Spa & Golf Resort is a 5-star hotel with a spa, located close to a range of fantastic beaches and fishing villages with a rich gastronomy. The Óbidos lagoon, a famous spot among water sports enthusiasts, is also just around the corner. In addition, the Berlengas Islands an amazing nature reserve 40 minutes away by boat from the coast are ideal for nature lovers.
PROJECT ADVANTAGES:
Rental income of 5.25% per year for 5 years = 26%. This is paid in advance before purchasing the property. This is a unique proposition!
The required capital for a 1x 500k 1Bed investment would then be EUR 368,750.
Option to resell the property back to the developer for 100% of the purchase price once citizenship/PR is obtained in year 6. This option is not mandatory.
Furthermore:
- Full ownership is obtained upon investment - Hotel residence
- It is a new construction resort (Delivered in 2021), designed by none other than Philippe Starck
- There is a private PGA golf course designed by Severiano Ballesteros
- The owner can use their property for 6 weeks per year free of charge.
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Property on Map
Currency Exchange
Óbidos, Leiria, Portugal, 2510-012 óbidos
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 €500,000 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 |
|---|---|---|---|
| €500,000 | £414,155 | £429,725 | £15,570 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £414,155 |
| Maximum cost in the last six months | £429,725 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,570 |
Óbidos, Leiria, Portugal, 2510-012 óbidos
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 €500,000 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 |
|---|---|---|---|
| €500,000 | £414,155 | £429,725 | £15,570 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £414,155 |
| Maximum cost in the last six months | £429,725 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,570 |
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 £15,570 more.
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