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INVESTMENT OPPORTUNITY IN CHIQUEDA - OLD HOUSE WITH APPROVED RENOVATION PROJECT Looking for an investment opportunity in a prime location just 5 minutes from Alcobaça? Look no further! I present an old house with a carefully prepared and approved project
Alcobaça, Leiria, Portugal
REF: 813516
€299,500
Description
INVESTMENT OPPORTUNITY IN CHIQUEDA - OLD HOUSE WITH APPROVED RENOVATION PROJECT Looking for an investment opportunity in a prime location just 5 minutes from Alcobaça? Look no further! I present an old house with a carefully prepared and approved project. With a total area of 291 m2, it provides enough space to build a spacious and comfortable residence. The house comprises an entrance hall, followed by a living area with a large living/dining room and an open-plan, fully equipped kitchen; 1 laundry room and 1 service bathroom. There are also 2 bedrooms with fitted wardrobes and 1 bathroom with a shower. On the first floor, there is a mezzanine which you can convert into 2 bedrooms with a full bathroom or turn into an en-suite with a private bathroom. You'll also have the option of choosing the finishes that best suit your lifestyle, from the flooring and panelling to the fittings and appliances. Construction according to the project is expected to take 6 to 8 months to complete. Chiqueda is a region with beautiful landscapes of green fields, vineyards and other small villages. It offers a balance between a quieter environment and the convenience of having easy access to all general commerce and services just a few minutes from the town. It is also ten minutes away from the entrance to the A8 motorway, and is only 1h15 from Lisbon airport. It is 17 kilometres from Nazaré, 23 kilometres from S. Martinho do Porto, 30 kilometres from Leiria and 3 kilometres from Alcobaça. We also have Parque dos Monges, a tourist attraction that offers a combination of fun, education and historical immersion for all visitors at 750 metres away. The realisation of your project starts here! Contact me today! #ref: 116477
INVESTMENT OPPORTUNITY IN CHIQUEDA - OLD HOUSE WITH APPROVED RENOVATION PROJECT Looking for an investment opportunity in a prime location just 5 minutes from Alcobaça? Look no further! I present an old house with a carefully prepared and approved project. With a total area of 291 m2, it provides enough space to build a spacious and comfortable residence. The house comprises an entrance hall, followed by a living area with a large living/dining room and an open-plan, fully equipped kitchen; 1 laundry room and 1 service bathroom. There are also 2 bedrooms with fitted wardrobes and 1 bathroom with a shower. On the first floor, there is a mezzanine which you can convert into 2 bedrooms with a full bathroom or turn into an en-suite with a private bathroom. You'll also have the option of choosing the finishes that best suit your lifestyle, from the flooring and panelling to the fittings and appliances. Construction according to the project is expected to take 6 to 8 months to complete. Chiqueda is a region with beautiful landscapes of green fields, vineyards and other small villages. It offers a balance between a quieter environment and the convenience of having easy access to all general commerce and services just a few minutes from the town. It is also ten minutes away from the entrance to the A8 motorway, and is only 1h15 from Lisbon airport. It is 17 kilometres from Nazaré, 23 kilometres from S. Martinho do Porto, 30 kilometres from Leiria and 3 kilometres from Alcobaça. We also have Parque dos Monges, a tourist attraction that offers a combination of fun, education and historical immersion for all visitors at 750 metres away. The realisation of your project starts here! Contact me today! #ref: 116477
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Currency Exchange
Alcobaça, Leiria, 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 €299,500 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 |
|---|---|---|---|
| €299,500 | £248,079 | £257,405 | £9,326 |
| Property Price € | €299,500 |
| Minimum cost in the last six months | £248,079 |
| Maximum cost in the last six months | £257,405 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,326 |
Alcobaça, Leiria, 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 €299,500 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 |
|---|---|---|---|
| €299,500 | £248,079 | £257,405 | £9,326 |
| Property Price € | €299,500 |
| Minimum cost in the last six months | £248,079 |
| Maximum cost in the last six months | £257,405 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,326 |
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 £9,326 more.
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