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3 Bedroom flat in Madalena - Vila Nova de Gaia Excellent flat with a floor area of 111 sq m and a generous balcony of 28 sq m
Madalena, Porto, Portugal
REF: 783190
€340,000
Description
3 Bedroom flat in Madalena - Vila Nova de Gaia Excellent flat with a floor area of 111 sq m and a generous balcony of 28 sq m. Strategically located in the vicinity of Praia da Madalena, in Vila Nova de Gaia. Inserted in a new development of 4 buildings of 3 floors, totalling 112 apartments, this property offers an excellent opportunity for those looking to live in a relaxed environment, with easy access to various services and amenities in the surrounding area. The flat has an open space living room and kitchen with an area of 34 sq m. In the private area, there is a suite of 17 sq m and two bedrooms that have a support bathroom, in addition to the social bathroom. This functional distribution makes the flat suitable for families or those looking for additional space for visitors. With quick access to the A44 and A1 motorways, getting around the region becomes easy and convenient, while the proximity to Madalena Beach provides moments of leisure by the sea in a short drive of just 7 minutes. Don't miss the opportunity! For over 25 years Castelhana has been a renowned name in the Portuguese real estate sector. As a company of Dils group, we specialize in advising businesses, organizations and (institutional) investors in buying, selling, renting, letting and development of residential properties. Founded in 1999, Castelhana has built one of the largest and most solid real estate portfolios in Portugal over the years, with over 600 renovation and new construction projects. In Porto, we are based in Foz Do Douro, one of the noblest places in the city. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital and in the Algarve next to the renowned Vilamoura Marina. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
3 Bedroom flat in Madalena - Vila Nova de Gaia Excellent flat with a floor area of 111 sq m and a generous balcony of 28 sq m. Strategically located in the vicinity of Praia da Madalena, in Vila Nova de Gaia. Inserted in a new development of 4 buildings of 3 floors, totalling 112 apartments, this property offers an excellent opportunity for those looking to live in a relaxed environment, with easy access to various services and amenities in the surrounding area. The flat has an open space living room and kitchen with an area of 34 sq m. In the private area, there is a suite of 17 sq m and two bedrooms that have a support bathroom, in addition to the social bathroom. This functional distribution makes the flat suitable for families or those looking for additional space for visitors. With quick access to the A44 and A1 motorways, getting around the region becomes easy and convenient, while the proximity to Madalena Beach provides moments of leisure by the sea in a short drive of just 7 minutes. Don't miss the opportunity! For over 25 years Castelhana has been a renowned name in the Portuguese real estate sector. As a company of Dils group, we specialize in advising businesses, organizations and (institutional) investors in buying, selling, renting, letting and development of residential properties. Founded in 1999, Castelhana has built one of the largest and most solid real estate portfolios in Portugal over the years, with over 600 renovation and new construction projects. In Porto, we are based in Foz Do Douro, one of the noblest places in the city. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital and in the Algarve next to the renowned Vilamoura Marina. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
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Currency Exchange
Madalena, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £281,625 | £292,213 | £10,588 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £281,625 |
| Maximum cost in the last six months | £292,213 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,588 |
Madalena, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £281,625 | £292,213 | £10,588 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £281,625 |
| Maximum cost in the last six months | £292,213 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,588 |
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 £10,588 more.
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