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Opportunity for Investment! Apartment with 3 bedrooms, independent dining and living rooms, a balcony, 2 bathrooms and kitchen with awning
Porto, Porto, Portugal
REF: 827301
€270,000
Description
Opportunity for Investment! Apartment with 3 bedrooms, independent dining and living rooms, a balcony, 2 bathrooms and kitchen with awning. Solar orientation East/West - two fronts. Fully furnished and equipped with appliances, renovated a year ago, ready to move into. A magnificent balcony with views over the Douro River and as the apartment is located on the top floor of a 4-storey condominium, there is total privacy. There is also storage in the basement. Close to schools, private schools (Lycee Français, Oporto British School), ANJE, Catholic Universities and the Campo Alegre hub, supermarkets, mini-market, restaurants, cafes and the Douro River promenade - Jardim do Passeio Alegre and Foz beaches 10 minutes walk. Surrounded by green spaces, very close to Jardim de Serralves and very well served by public transport - STCP. It is rented for €1,350.00 per month - profitability of 6% Rua Paulo da Gama nº 540 Schedule your visit now! #ref: 118394
Opportunity for Investment! Apartment with 3 bedrooms, independent dining and living rooms, a balcony, 2 bathrooms and kitchen with awning. Solar orientation East/West - two fronts. Fully furnished and equipped with appliances, renovated a year ago, ready to move into. A magnificent balcony with views over the Douro River and as the apartment is located on the top floor of a 4-storey condominium, there is total privacy. There is also storage in the basement. Close to schools, private schools (Lycee Français, Oporto British School), ANJE, Catholic Universities and the Campo Alegre hub, supermarkets, mini-market, restaurants, cafes and the Douro River promenade - Jardim do Passeio Alegre and Foz beaches 10 minutes walk. Surrounded by green spaces, very close to Jardim de Serralves and very well served by public transport - STCP. It is rented for €1,350.00 per month - profitability of 6% Rua Paulo da Gama nº 540 Schedule your visit now! #ref: 118394
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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 €270,000 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 |
|---|---|---|---|
| €270,000 | £222,453 | £232,052 | £9,599 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £222,453 |
| Maximum cost in the last six months | £232,052 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,599 |
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 €270,000 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 |
|---|---|---|---|
| €270,000 | £222,453 | £232,052 | £9,599 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £222,453 |
| Maximum cost in the last six months | £232,052 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,599 |
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 £9,599 more.
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