COVELO FLAT Next to the emblematic and historic Quinta do Covelo, another new and exclusive residential condominium consisting of 3 modern buildings is under construction in Porto

Porto, Porto, Portugal

For Sale

€325,000

REF: 829886 €325,000


2

2

85 m2

Description

COVELO FLAT Next to the emblematic and historic Quinta do Covelo, another new and exclusive residential condominium consisting of 3 modern buildings is under construction in Porto. This development combines urban convenience with the serenity of the adjacent park, the historic Quinta do Covelo (public park), next to the Filipa de Vilhena and Covelo schools, on the outskirts of Rua de Faria de Guimarães, Constitution and Campo Lindo.

Covelo Park is the ideal choice for students, professionals and families. Strategic location Situated close to the main colleges, Hospital São João and with easy access to public transport, such as the Metro, its proximity to schools, parks and highways makes it a great option for both private housing and investment, standing out for its potential of continuous appreciation.

Quinta do Covelo is a green space, with around 8 hectares, located in the north of the city of Porto, located in the parish of Paranhos and delimited by the streets Faria Guimarães, Bolama, Rua and Travessa do Monte de São João and part of Rua by Álvaro de Castelões. The park is located in the middle of an old residential area, very close to the VCI/IC23/A20 exit.

There are also several STCP bus routes serving two Porto Metro stations on Line D (Hospital de S. João - Santo Ovídio), Marquês and Combatentes. General features: Flooring in Swiss Krono floating flooring or equivalent in dry areas (living room and bedrooms); False ceilings in plasterboard (water-repellent plasterboard in humid areas); Lacquered MDF carpentry; Built-in wardrobes; Portrisa security doors or equivalent; Exterior frames made of anodized aluminum with double glazing and thermal cut; LED projectors; Video intercom; Heating of sanitary water by heat pump; Pre-installation of air conditioning; Soundproofing; Sanitary facilities Sandidusa suspended sanitary ware or equivalent; Valadares built-in washbasin or equivalent; Porcelain mosaic shower; OFA single-lever mixer taps or equivalent; Porcelain mosaic flooring Kitchen/Laundry Equipped with Candy appliances or equivalent (hood, combined refrigerator, dishwasher, ceramic hob, electric oven); Porcelain mosaic flooring Telecommunications and Entertainment Cable TV - Pre Installation; Insulation between adjacent dwellings in thermal block Interior walls in plasterboard and insulation Promoter: INVESTCOVELO Project: Architect Sofia Granjo Construction company: INVENIO Engenharia #ref: 118750
COVELO FLAT Next to the emblematic and historic Quinta do Covelo, another new and exclusive residential condominium consisting of 3 modern buildings is under construction in Porto. This development combines urban convenience with the serenity of the adjacent park, the historic Quinta do Covelo (public park), next to the Filipa de Vilhena and Covelo schools, on the outskirts of Rua de Faria de Guimarães, Constitution and Campo Lindo.

Covelo Park is the ideal choice for students, professionals and families. Strategic location Situated close to the main colleges, Hospital São João and with easy access to public transport, such as the Metro, its proximity to schools, parks and highways makes it a great option for both private housing and investment, standing out for its potential of continuous appreciation.

Quinta do Covelo is a green space, with around 8 hectares, located in the north of the city of Porto, located in the parish of Paranhos and delimited by the streets Faria Guimarães, Bolama, Rua and Travessa do Monte de São João and part of Rua by Álvaro de Castelões. The park is located in the middle of an old residential area, very close to the VCI/IC23/A20 exit.

There are also several STCP bus routes serving two Porto Metro stations on Line D (Hospital de S. João - Santo Ovídio), Marquês and Combatentes. General features: Flooring in Swiss Krono floating flooring or equivalent in dry areas (living room and bedrooms); False ceilings in plasterboard (water-repellent plasterboard in humid areas); Lacquered MDF carpentry; Built-in wardrobes; Portrisa security doors or equivalent; Exterior frames made of anodized aluminum with double glazing and thermal cut; LED projectors; Video intercom; Heating of sanitary water by heat pump; Pre-installation of air conditioning; Soundproofing; Sanitary facilities Sandidusa suspended sanitary ware or equivalent; Valadares built-in washbasin or equivalent; Porcelain mosaic shower; OFA single-lever mixer taps or equivalent; Porcelain mosaic flooring Kitchen/Laundry Equipped with Candy appliances or equivalent (hood, combined refrigerator, dishwasher, ceramic hob, electric oven); Porcelain mosaic flooring Telecommunications and Entertainment Cable TV - Pre Installation; Insulation between adjacent dwellings in thermal block Interior walls in plasterboard and insulation Promoter: INVESTCOVELO Project: Architect Sofia Granjo Construction company: INVENIO Engenharia #ref: 118750
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Property on Map

#118750

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 €325,000 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
€325,000 £267,768 £279,321 £11,554
Property Price € €325,000
Minimum cost in the last six months £267,768
Maximum cost in the last six months £279,321
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,554

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 €325,000 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
€325,000 £267,768 £279,321 £11,554
Property Price € €325,000
Minimum cost in the last six months £267,768
Maximum cost in the last six months £279,321
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,554

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 £11,554 more.

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