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Imagine yourself living in front of a medieval castle, in a peaceful village where you can still hear the birds singing and the baker's horn distributing the bread baked in the wood oven around the town! This flat, with a total area of 198 square metres, offers you this experience, this incredible
Penela, Coimbra, Portugal
REF: 789932
€144,000
Description
Imagine yourself living in front of a medieval castle, in a peaceful village where you can still hear the birds singing and the baker's horn distributing the bread baked in the wood oven around the town! This flat, with a total area of 198 square metres, offers you this experience, this incredible village and the tranquillity and security of the town of Penela. An imposing building of solid construction, consisting of three floors, garages in the basement and outdoor parking. The flat is located on the second floor (without a lift) and is a duplex, i.e. two floors, intended for residential use. The main entrance is into a hall leading to a central corridor. The kitchen is spacious, equipped and has a large window facing west. The two bedrooms have built-in wardrobes and one of them has a glazed door to the front balcony, which faces the castle and is shared with the living room. The second bedroom has a window facing west, also offering a beautiful view. The living room is opposite the kitchen, has a fireplace, air conditioning and a balcony facing east, with a magnificent view of the castle. At the top of the corridor is a large bathroom complete with window. In the corridor there is also a wooden staircase leading to the second floor, which consists of 2 bedrooms with windows and air conditioning, an equipped kitchen, a small living room and a huge bathroom. This second floor has a direct entrance to the interior of the building, without going through the lower part of the flat. The flat is in good condition, with air conditioning on both floors, double glazed windows, pre-installation for central heating, fireplace with wood burning stove, 2 bathrooms, 4 bedrooms and 2 kitchens. There is also a large closed garage inside the building. Excellent family home or great for investment, it can be rented out to two families. The town of Penela, where this flat is located, has all kinds of shops and services, schools, public transport and the motorway just 5 minutes away. Come and see it. #ref: 112468
Imagine yourself living in front of a medieval castle, in a peaceful village where you can still hear the birds singing and the baker's horn distributing the bread baked in the wood oven around the town! This flat, with a total area of 198 square metres, offers you this experience, this incredible village and the tranquillity and security of the town of Penela. An imposing building of solid construction, consisting of three floors, garages in the basement and outdoor parking. The flat is located on the second floor (without a lift) and is a duplex, i.e. two floors, intended for residential use. The main entrance is into a hall leading to a central corridor. The kitchen is spacious, equipped and has a large window facing west. The two bedrooms have built-in wardrobes and one of them has a glazed door to the front balcony, which faces the castle and is shared with the living room. The second bedroom has a window facing west, also offering a beautiful view. The living room is opposite the kitchen, has a fireplace, air conditioning and a balcony facing east, with a magnificent view of the castle. At the top of the corridor is a large bathroom complete with window. In the corridor there is also a wooden staircase leading to the second floor, which consists of 2 bedrooms with windows and air conditioning, an equipped kitchen, a small living room and a huge bathroom. This second floor has a direct entrance to the interior of the building, without going through the lower part of the flat. The flat is in good condition, with air conditioning on both floors, double glazed windows, pre-installation for central heating, fireplace with wood burning stove, 2 bathrooms, 4 bedrooms and 2 kitchens. There is also a large closed garage inside the building. Excellent family home or great for investment, it can be rented out to two families. The town of Penela, where this flat is located, has all kinds of shops and services, schools, public transport and the motorway just 5 minutes away. Come and see it. #ref: 112468
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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 €144,000 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 |
|---|---|---|---|
| €144,000 | £118,642 | £123,761 | £5,119 |
| Property Price € | €144,000 |
| Minimum cost in the last six months | £118,642 |
| Maximum cost in the last six months | £123,761 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,119 |
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 €144,000 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 |
|---|---|---|---|
| €144,000 | £118,642 | £123,761 | £5,119 |
| Property Price € | €144,000 |
| Minimum cost in the last six months | £118,642 |
| Maximum cost in the last six months | £123,761 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,119 |
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 £5,119 more.
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