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Commercial space in the center of Porto, located in a landmark building from the 90s, which stands out for its construction quality
Porto, Porto, Portugal
REF: 812177
€200,000
Description
Commercial space in the center of Porto, located in a landmark building from the 90s, which stands out for its construction quality. The store is located in a commercial gallery with access to two busy streets, has 136m2 of private area and a window measuring approximately 10m, which provides excellent natural light and excellent visibility for your business. Currently, the space is configured into eight divisions, two of which are intended for bathrooms, the rest can be easily adapted for any type of business. This property is in good general condition, which allows you to leverage your business without having to make a large investment. Don't miss this opportunity, get in touch now and come and see! #ref: 116226
Commercial space in the center of Porto, located in a landmark building from the 90s, which stands out for its construction quality. The store is located in a commercial gallery with access to two busy streets, has 136m2 of private area and a window measuring approximately 10m, which provides excellent natural light and excellent visibility for your business. Currently, the space is configured into eight divisions, two of which are intended for bathrooms, the rest can be easily adapted for any type of business. This property is in good general condition, which allows you to leverage your business without having to make a large investment. Don't miss this opportunity, get in touch now and come and see! #ref: 116226
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Currency Exchange
Porto, 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 €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 |
|---|---|---|---|
| €200,000 | £165,662 | £171,890 | £6,228 |
| Property Price € | €200,000 |
| Minimum cost in the last six months | £165,662 |
| Maximum cost in the last six months | £171,890 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,228 |
Porto, 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 €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 |
|---|---|---|---|
| €200,000 | £165,662 | £171,890 | £6,228 |
| Property Price € | €200,000 |
| Minimum cost in the last six months | £165,662 |
| Maximum cost in the last six months | £171,890 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,228 |
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 £6,228 more.
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