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House with 244 square metres of gross construction area, two bedrooms, garage and backyard, located in the centre of the village of Espinhal
Penela, Coimbra, Portugal
REF: 756273
€100,000
Description
House with 244 square metres of gross construction area, two bedrooms, garage and backyard, located in the centre of the village of Espinhal. Property comprises ground floor and first floor. The ground floor consists of two large, individualised garages, a storage room and a small covered area at the back. We go up the outside stairs and arrive at a balcony with an entrance to the corridor and a second entrance to the kitchen. We enter a central corridor of this villa, characterised by high ceilings and equally high windows and doors. On the right is a living room with two windows to the front of the house, followed by a bedroom with a window facing east. At the top of the corridor is a window facing the terrace that covers the second garage. On the left, the second bedroom also has a window facing east. This is followed by a full bathroom, a laundry room and an unequipped kitchen. The kitchen, although small in size, can be extended to the rear. The house is in good condition, has a good roof and is in need of modernisation and comfort work. The backyard is flat, has some fruit trees and, as it faces east/south, the sun shines all day long. Just a few minutes' walk from the property, there is a public school and kindergarten, café/restaurant, post office, parish council, ATM, bakery, market, international school, music academy, cascara, river, trails, green park, motorway... A very beautiful, green and peaceful area. An excellent option! Come and see it. #ref: 108559
House with 244 square metres of gross construction area, two bedrooms, garage and backyard, located in the centre of the village of Espinhal. Property comprises ground floor and first floor. The ground floor consists of two large, individualised garages, a storage room and a small covered area at the back. We go up the outside stairs and arrive at a balcony with an entrance to the corridor and a second entrance to the kitchen. We enter a central corridor of this villa, characterised by high ceilings and equally high windows and doors. On the right is a living room with two windows to the front of the house, followed by a bedroom with a window facing east. At the top of the corridor is a window facing the terrace that covers the second garage. On the left, the second bedroom also has a window facing east. This is followed by a full bathroom, a laundry room and an unequipped kitchen. The kitchen, although small in size, can be extended to the rear. The house is in good condition, has a good roof and is in need of modernisation and comfort work. The backyard is flat, has some fruit trees and, as it faces east/south, the sun shines all day long. Just a few minutes' walk from the property, there is a public school and kindergarten, café/restaurant, post office, parish council, ATM, bakery, market, international school, music academy, cascara, river, trails, green park, motorway... A very beautiful, green and peaceful area. An excellent option! Come and see it. #ref: 108559
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Currency Exchange
Penela, Coimbra, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,831 | £85,945 | £3,114 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,831 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,114 |
Penela, Coimbra, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,831 | £85,945 | £3,114 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,831 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,114 |
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 £3,114 more.
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