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Commercial Space - Santo António de Nordestinho - Northeast
Nordeste, Ilha de São Miguel, Portugal, 9630-230
REF: 811994
€84,950
Description
Commercial Space. 2 Stores. Parish Center of Santo António de Nordestinho. Commercial
Space2
LojasCentro da Freguesia de Santo António de NordestinhoSanto
António de Nordestinho is a Portuguese parish in the municipality of Nordeste. It was officially created on July 16, 2002, together with the neighboring Algarve and São Pedro de Nordestinho, by division of the former parish of Nordestinho. Santo António de Nordestinho is one of the 9 parishes of the municipality of Nordeste, occupying an area of 7.94 km2, which corresponds to 7.83% of the territory of the municipality.
Its name is due to the fact that its patron saint is Saint Anthony, to which tribute is paid every June 13, each year, season of festivities.
Heavily agricultural area, largely dedicated to raising cattle for milk production.
Potato production is also one of the strong activities developed, primarily in summer.
Commercial Space. 2 Stores. Parish Center of Santo António de Nordestinho. Commercial
Space2
LojasCentro da Freguesia de Santo António de NordestinhoSanto
António de Nordestinho is a Portuguese parish in the municipality of Nordeste. It was officially created on July 16, 2002, together with the neighboring Algarve and São Pedro de Nordestinho, by division of the former parish of Nordestinho. Santo António de Nordestinho is one of the 9 parishes of the municipality of Nordeste, occupying an area of 7.94 km2, which corresponds to 7.83% of the territory of the municipality.
Its name is due to the fact that its patron saint is Saint Anthony, to which tribute is paid every June 13, each year, season of festivities.
Heavily agricultural area, largely dedicated to raising cattle for milk production.
Potato production is also one of the strong activities developed, primarily in summer.
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Currency Exchange
Nordeste, Ilha de São Miguel, Portugal, 9630-230
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 €84,950 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 |
|---|---|---|---|
| €84,950 | £70,365 | £73,010 | £2,645 |
| Property Price € | €84,950 |
| Minimum cost in the last six months | £70,365 |
| Maximum cost in the last six months | £73,010 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,645 |
Nordeste, Ilha de São Miguel, Portugal, 9630-230
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 €84,950 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 |
|---|---|---|---|
| €84,950 | £70,365 | £73,010 | £2,645 |
| Property Price € | €84,950 |
| Minimum cost in the last six months | £70,365 |
| Maximum cost in the last six months | £73,010 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,645 |
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 £2,645 more.
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