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In this property you'll find a completely renovated 3-bedroom unit and a 0-bedroom unit on the first floor
Nazaré, Leiria, Portugal
REF: 781594
€580,000
Description
In this property you'll find a completely renovated 3-bedroom unit and a 0-bedroom unit on the first floor. Another 3 additional units will be possible, in the context of the project that is currently being drawn up for submission to the city council. As a place to live or invest in Nazaré, with a high potential for appreciation, this property offers a high return for the investor, or great comfort for the new family they may acquire? In the area, you'll find a pastry shop, laundrette, snack bar, café in the viewpoint, luxury restaurant with sea and sunset views, hotel and spa, among other commercial activities. And this year, work is due to start on the construction of the new elevator that will connect the Pederneira viewpoint to the bus station area, the beach and the municipal market, which will bring the Pederneira area closer to the beach. Pederneira is an area of Nazaré that is undergoing a major transformation, bringing together the oldest and most picturesque village and the “royal road” where new luxury condominiums are emerging with views of the sea and the mountains. There you can walk for 1 km with sea and mountain views, in contact with nature. Schedule your visit now with Vítor Franco, from IAD Portugal, and discover the lifestyle and profitability that this property has to offer in Nazaré. #ref: 111223
In this property you'll find a completely renovated 3-bedroom unit and a 0-bedroom unit on the first floor. Another 3 additional units will be possible, in the context of the project that is currently being drawn up for submission to the city council. As a place to live or invest in Nazaré, with a high potential for appreciation, this property offers a high return for the investor, or great comfort for the new family they may acquire? In the area, you'll find a pastry shop, laundrette, snack bar, café in the viewpoint, luxury restaurant with sea and sunset views, hotel and spa, among other commercial activities. And this year, work is due to start on the construction of the new elevator that will connect the Pederneira viewpoint to the bus station area, the beach and the municipal market, which will bring the Pederneira area closer to the beach. Pederneira is an area of Nazaré that is undergoing a major transformation, bringing together the oldest and most picturesque village and the “royal road” where new luxury condominiums are emerging with views of the sea and the mountains. There you can walk for 1 km with sea and mountain views, in contact with nature. Schedule your visit now with Vítor Franco, from IAD Portugal, and discover the lifestyle and profitability that this property has to offer in Nazaré. #ref: 111223
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Currency Exchange
Nazaré, 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 €580,000 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 |
|---|---|---|---|
| €580,000 | £480,420 | £498,481 | £18,061 |
| Property Price € | €580,000 |
| Minimum cost in the last six months | £480,420 |
| Maximum cost in the last six months | £498,481 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,061 |
Nazaré, 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 €580,000 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 |
|---|---|---|---|
| €580,000 | £480,420 | £498,481 | £18,061 |
| Property Price € | €580,000 |
| Minimum cost in the last six months | £480,420 |
| Maximum cost in the last six months | £498,481 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,061 |
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 £18,061 more.
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