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We present an excellent investment opportunity in Matosinhos Sul, one of the most desirable places to live in the Porto metropolitan area
Matosinhos, Portugal
REF: 808048
€1,200,000
Description
We present an excellent investment opportunity in Matosinhos Sul, one of the most desirable places to live in the Porto metropolitan area. This plot has an approved project for the construction of a residential building. Perfectly designed to meet the growing demand for modern , well-located housing, the project allows for the construction of 2 T2 apartments per floor, or 1 T1 and 1 T2 per floor or even the option of 2 T0 and 1 T1 per floor. There is also the possibility of a combined solution of the above options. With a total construction area of 1,435.69 m², the project offers a variety of typologies for different lifestyles, perfect for those who enjoy outdoor living without giving up urban convenience. Located in a privileged area of Matosinhos Sul, this plot offers proximity to a wide range of services, shops, schools and public transport, including easy access to the metro and the main highways. Just a few minutes from the beaches, the City Park and the excitement of the Marginal, this project stands out for its strategic location and the quality of life it offers. Excluded from the SCE as Decree-Law 101-D/202 of December 7th does not apply. CHARACTERISTICS:Plot Area: 451 m2 | 4 852 sq ftDeployment Area: 440 m2 | 4 736 sq ftBuilding Area: 1 876 m2 | 20 190 sq ftEnergy efficiency: FreeFEATURES:Excluded from the SCE because Decree-Law 101-D/202 of 7 December does not apply. Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
We present an excellent investment opportunity in Matosinhos Sul, one of the most desirable places to live in the Porto metropolitan area. This plot has an approved project for the construction of a residential building. Perfectly designed to meet the growing demand for modern , well-located housing, the project allows for the construction of 2 T2 apartments per floor, or 1 T1 and 1 T2 per floor or even the option of 2 T0 and 1 T1 per floor. There is also the possibility of a combined solution of the above options. With a total construction area of 1,435.69 m², the project offers a variety of typologies for different lifestyles, perfect for those who enjoy outdoor living without giving up urban convenience. Located in a privileged area of Matosinhos Sul, this plot offers proximity to a wide range of services, shops, schools and public transport, including easy access to the metro and the main highways. Just a few minutes from the beaches, the City Park and the excitement of the Marginal, this project stands out for its strategic location and the quality of life it offers. Excluded from the SCE as Decree-Law 101-D/202 of December 7th does not apply. CHARACTERISTICS:Plot Area: 451 m2 | 4 852 sq ftDeployment Area: 440 m2 | 4 736 sq ftBuilding Area: 1 876 m2 | 20 190 sq ftEnergy efficiency: FreeFEATURES:Excluded from the SCE because Decree-Law 101-D/202 of 7 December does not apply. Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Currency Exchange
Matosinhos, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £993,972 | £1,031,340 | £37,368 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £993,972 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,368 |
Matosinhos, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £993,972 | £1,031,340 | £37,368 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £993,972 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,368 |
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 £37,368 more.
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