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Villa with a privileged location, approximately 10 minutes from the beaches of Madalena and Canidelo, and 5 minutes walk from the main services and commerce, such as supermarket, restaurants, pharmacy, schools, etc
Vila Nova de Gaia, Porto, Portugal
REF: 819631
€550,000
Description
Villa with a privileged location, approximately 10 minutes from the beaches of Madalena and Canidelo, and 5 minutes walk from the main services and commerce, such as supermarket, restaurants, pharmacy, schools, etc. With three fronts, this T4 type house has 252m2 of private area, spread over 3 floors: The ground floor consists of a spacious entrance hall with a guest bathroom, a common room that extends onto the terrace and garden, and an equipped kitchen. The upper floor is intended exclusively for the intimate area, consisting of a suite, 3 bedrooms and 1 full bathroom. The 70m2 basement can be used as a lounge or garage. For your greatest convenience, this property is equipped with a heat pump, solar panels, pre-installation of Air Conditioning, aluminum frames and laminated glass, anti-intrusion security door, the kitchen with furniture in matt thermolaminate in white and black, with top in iconic black silestone, it is equipped with BOSCH appliances, namely induction hob, oven, extractor fan, microwave, dishwasher and combined and washing machine. It is just a few minutes from the access node to the A1 and A44, the main connecting routes to other regions of the country, as well as the Madalena train station and bus stops. #ref: 117783
Villa with a privileged location, approximately 10 minutes from the beaches of Madalena and Canidelo, and 5 minutes walk from the main services and commerce, such as supermarket, restaurants, pharmacy, schools, etc. With three fronts, this T4 type house has 252m2 of private area, spread over 3 floors: The ground floor consists of a spacious entrance hall with a guest bathroom, a common room that extends onto the terrace and garden, and an equipped kitchen. The upper floor is intended exclusively for the intimate area, consisting of a suite, 3 bedrooms and 1 full bathroom. The 70m2 basement can be used as a lounge or garage. For your greatest convenience, this property is equipped with a heat pump, solar panels, pre-installation of Air Conditioning, aluminum frames and laminated glass, anti-intrusion security door, the kitchen with furniture in matt thermolaminate in white and black, with top in iconic black silestone, it is equipped with BOSCH appliances, namely induction hob, oven, extractor fan, microwave, dishwasher and combined and washing machine. It is just a few minutes from the access node to the A1 and A44, the main connecting routes to other regions of the country, as well as the Madalena train station and bus stops. #ref: 117783
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Currency Exchange
Vila Nova de Gaia, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,923 | £17,353 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,923 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,353 |
Vila Nova de Gaia, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,923 | £17,353 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,923 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,353 |
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 £17,353 more.
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