House to renovate, for sale, in one of the most emblematic streets in Foz do Douro

Porto, Portugal

For Sale

€1,150,000

REF: 818819 €1,150,000


6

1960

Description

House to renovate, for sale, in one of the most emblematic streets in Foz do Douro. Despite needing a total refurbishment, the house is structurally in good condition and has great potential for rehabilitation into just one or even two units. The property has a patio with excellent sun exposure, an area of 100m2 and an independent entrance.

Close to all kinds of local shops, services, schools, beaches and just a few minutes from the beaches of Foz. CHARACTERISTICS:Plot Area: 243 m2 | 2 616 sq ftDeployment Area: 143 m2 | 1 539 sq ftBuilding Area: 236 m2 | 2 540 sq ftBedrooms: 6Garage: 1Energy efficiency: CInternationally 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
House to renovate, for sale, in one of the most emblematic streets in Foz do Douro. Despite needing a total refurbishment, the house is structurally in good condition and has great potential for rehabilitation into just one or even two units. The property has a patio with excellent sun exposure, an area of 100m2 and an independent entrance.

Close to all kinds of local shops, services, schools, beaches and just a few minutes from the beaches of Foz. CHARACTERISTICS:Plot Area: 243 m2 | 2 616 sq ftDeployment Area: 143 m2 | 1 539 sq ftBuilding Area: 236 m2 | 2 540 sq ftBedrooms: 6Garage: 1Energy efficiency: CInternationally 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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Property on Map

#LS05073

Currency Exchange

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 €1,150,000 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
€1,150,000 £952,557 £988,368 £35,811
Property Price € €1,150,000
Minimum cost in the last six months £952,557
Maximum cost in the last six months £988,368
Fluctuating exchange rates over the last six months could have increased the cost of this property by £35,811

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 €1,150,000 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
€1,150,000 £952,557 £988,368 £35,811
Property Price € €1,150,000
Minimum cost in the last six months £952,557
Maximum cost in the last six months £988,368
Fluctuating exchange rates over the last six months could have increased the cost of this property by £35,811

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 £35,811 more.

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