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3 Bedroom flat with 124 sq m inserted in the most recent project to emerge in the Paranhos area in Porto, surrounded by the main services, commerce, schools, sports activities and entertainment
Paranhos, Porto, Portugal
REF: 802447
€518,000
Description
3 Bedroom flat with 124 sq m inserted in the most recent project to emerge in the Paranhos area in Porto, surrounded by the main services, commerce, schools, sports activities and entertainment. The development, with typologies ranging from T1 to T3, was conceived as a green refuge in the city, obtaining the maximum benefit of the outdoors for its residents. An extraordinary life experience awaits you together with your pets and/or children. It offers a variety of apartments, each complemented by a private garden, contrasting with the surrounding urban hustle and bustle. The proximity of everything close to your home, your time acquires more value. These are the reasons for this development to be located in Paranhos, one of the best residential areas in Porto. The excellent location and history combine perfectly for harmonious living. An investment approved by the natural demand itself, by its possibility as a home or for rent, as Paranhos is part of the largest University Pole in Porto, which includes some of the most prestigious universities and colleges in the city. Porto is a city that transforms its antiquity into modernity, assuming its cosmopolitan spirit. Its bustling life brings together people, goods, services and brands from all over the world, being internationally recognised as a destination to discover and a preferred choice to live in. Castelhana is a Portuguese real estate agency present in the domestic market for over 25 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal. Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. 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 region 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 with 124 sq m inserted in the most recent project to emerge in the Paranhos area in Porto, surrounded by the main services, commerce, schools, sports activities and entertainment. The development, with typologies ranging from T1 to T3, was conceived as a green refuge in the city, obtaining the maximum benefit of the outdoors for its residents. An extraordinary life experience awaits you together with your pets and/or children. It offers a variety of apartments, each complemented by a private garden, contrasting with the surrounding urban hustle and bustle. The proximity of everything close to your home, your time acquires more value. These are the reasons for this development to be located in Paranhos, one of the best residential areas in Porto. The excellent location and history combine perfectly for harmonious living. An investment approved by the natural demand itself, by its possibility as a home or for rent, as Paranhos is part of the largest University Pole in Porto, which includes some of the most prestigious universities and colleges in the city. Porto is a city that transforms its antiquity into modernity, assuming its cosmopolitan spirit. Its bustling life brings together people, goods, services and brands from all over the world, being internationally recognised as a destination to discover and a preferred choice to live in. Castelhana is a Portuguese real estate agency present in the domestic market for over 25 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal. Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. 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 region 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
Paranhos, 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 €518,000 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 |
|---|---|---|---|
| €518,000 | £429,065 | £445,195 | £16,131 |
| Property Price € | €518,000 |
| Minimum cost in the last six months | £429,065 |
| Maximum cost in the last six months | £445,195 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,131 |
Paranhos, 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 €518,000 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 |
|---|---|---|---|
| €518,000 | £429,065 | £445,195 | £16,131 |
| Property Price € | €518,000 |
| Minimum cost in the last six months | £429,065 |
| Maximum cost in the last six months | £445,195 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,131 |
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 £16,131 more.
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