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Distinct business opportunity! Unique property in Local Accommodation, with sea views, in a pleasant and peaceful environment
Peniche, Leiria, Portugal
REF: 774868
€890,000
Description
Distinct business opportunity! Unique property in Local Accommodation, with sea views, in a pleasant and peaceful environment. Complete, licensed and functional property, structured on 2 floors of main housing and 2 independent annexes, in 4 independent houses and parking spaces for around 10 vehicles. Main house: 7 bedrooms; 2 rooms; 4 bathrooms; 2 kitchens. Attachments: 4 bedrooms; 2 rooms; 2 bathrooms; 2 kitchens. Vast garden of 2,400 m², with barbecues, games field, lounge corners, children's playground and the possibility of installing a swimming pool. Sale with contents, for immediate occupancy and operation. Annual yield with a rate of approximately 8%. 10 minutes, by car, from Peniche and a boat trip away from Ilha das Berlengas, Natural Reserve. 20 minutes from Óbidos and Caldas da Rainha and 50 from Lisbon. Just 10 km from what is considered the largest open-air dinosaur museum in Portugal (Dino Parque Lourinhã). About 3 km from Medão Grande/Supertubos beach (one of the “7 Wonders of Portugal”), and just a little further from several other beaches (Praia da Consolação, Praia do Salgueiro; Praia de S. Bernardino; Praia dos Frades...) . Village with a rich heritage and a strong relationship with the sea, having been one of the most important ports in the Kingdom, also dominating its gastronomy. The sea continues to be one of the main points of interest and development and the beaches are much appreciated and sought after by surfers and bodyboarders from all over the world, with translucent waters, a natural haven for marine fauna and flora, the subject of many mysterious stories of fishermen and sunken boats on this coast. #ref: 110229
Distinct business opportunity! Unique property in Local Accommodation, with sea views, in a pleasant and peaceful environment. Complete, licensed and functional property, structured on 2 floors of main housing and 2 independent annexes, in 4 independent houses and parking spaces for around 10 vehicles. Main house: 7 bedrooms; 2 rooms; 4 bathrooms; 2 kitchens. Attachments: 4 bedrooms; 2 rooms; 2 bathrooms; 2 kitchens. Vast garden of 2,400 m², with barbecues, games field, lounge corners, children's playground and the possibility of installing a swimming pool. Sale with contents, for immediate occupancy and operation. Annual yield with a rate of approximately 8%. 10 minutes, by car, from Peniche and a boat trip away from Ilha das Berlengas, Natural Reserve. 20 minutes from Óbidos and Caldas da Rainha and 50 from Lisbon. Just 10 km from what is considered the largest open-air dinosaur museum in Portugal (Dino Parque Lourinhã). About 3 km from Medão Grande/Supertubos beach (one of the “7 Wonders of Portugal”), and just a little further from several other beaches (Praia da Consolação, Praia do Salgueiro; Praia de S. Bernardino; Praia dos Frades...) . Village with a rich heritage and a strong relationship with the sea, having been one of the most important ports in the Kingdom, also dominating its gastronomy. The sea continues to be one of the main points of interest and development and the beaches are much appreciated and sought after by surfers and bodyboarders from all over the world, with translucent waters, a natural haven for marine fauna and flora, the subject of many mysterious stories of fishermen and sunken boats on this coast. #ref: 110229
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Currency Exchange
Peniche, Leiria, 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 €890,000 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 |
|---|---|---|---|
| €890,000 | £733,271 | £764,911 | £31,640 |
| Property Price € | €890,000 |
| Minimum cost in the last six months | £733,271 |
| Maximum cost in the last six months | £764,911 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,640 |
Peniche, Leiria, 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 €890,000 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 |
|---|---|---|---|
| €890,000 | £733,271 | £764,911 | £31,640 |
| Property Price € | €890,000 |
| Minimum cost in the last six months | £733,271 |
| Maximum cost in the last six months | £764,911 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,640 |
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 £31,640 more.
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