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House with 83 square metres of gross construction area and excellent location: in front of a wide view of the mountains and the beautiful town of Penela with its medieval castle
Penela, Coimbra, Portugal
REF: 793445
€170,000
Description
House with 83 square metres of gross construction area and excellent location: in front of a wide view of the mountains and the beautiful town of Penela with its medieval castle. 8000 square metres of land, a borehole, a tank that stores water and can be used as a swimming pool, many fruit trees and outbuildings for storage, garages and animal husbandry. The villa is single storey with a basement. The entrance is onto a small covered terrace. At the front door is a hall with direct access to the fully-equipped kitchen, which also has a wood-burning stove and a typical Portuguese fireplace. Next door is the full bathroom. Returning to the hall, there is a central corridor leading to a small living room with an outside exit, a beautiful balcony with fabulous views of the mountains and Penela castle. Still inside the villa, there are 3 bedrooms and 1 living room, all with windows and wooden floors. The basement consists of storage spaces, a cellar and a garage. There is also a lovely, private patio with a driveway. The property is habitable, in a rustic style but very friendly and functional. Over time, improvements could be made, essentially in terms of comfort and modernisation, making it a beautiful villa, as the location is the best possible! It's easy to fall in love with the views from this house! Come and see it. #ref: 112660
House with 83 square metres of gross construction area and excellent location: in front of a wide view of the mountains and the beautiful town of Penela with its medieval castle. 8000 square metres of land, a borehole, a tank that stores water and can be used as a swimming pool, many fruit trees and outbuildings for storage, garages and animal husbandry. The villa is single storey with a basement. The entrance is onto a small covered terrace. At the front door is a hall with direct access to the fully-equipped kitchen, which also has a wood-burning stove and a typical Portuguese fireplace. Next door is the full bathroom. Returning to the hall, there is a central corridor leading to a small living room with an outside exit, a beautiful balcony with fabulous views of the mountains and Penela castle. Still inside the villa, there are 3 bedrooms and 1 living room, all with windows and wooden floors. The basement consists of storage spaces, a cellar and a garage. There is also a lovely, private patio with a driveway. The property is habitable, in a rustic style but very friendly and functional. Over time, improvements could be made, essentially in terms of comfort and modernisation, making it a beautiful villa, as the location is the best possible! It's easy to fall in love with the views from this house! Come and see it. #ref: 112660
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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 €170,000 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 |
|---|---|---|---|
| €170,000 | £140,813 | £146,107 | £5,294 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £140,813 |
| Maximum cost in the last six months | £146,107 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,294 |
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 €170,000 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 |
|---|---|---|---|
| €170,000 | £140,813 | £146,107 | £5,294 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £140,813 |
| Maximum cost in the last six months | £146,107 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,294 |
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 £5,294 more.
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