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NOTE: The property is currently rented at €1,300 per month with bills paid separately, giving a 5% return until the end of the contract
Lisboa, Lisboa, Portugal
REF: 834287
€320,000
Description
NOTE: The property is currently rented at €1,300 per month with bills paid separately, giving a 5% return until the end of the contract. This is a T2, 2-bedroom, 2-bathroom property with enclosed terrace and annex, located on the second floor of a building with no lift in the Alto de São João area of central Lisbon, in a quiet residential area, but very close to the Rua Morais Soares, which has several businesses. The property is sold fully furnished and equipped. The property is a duplex, with 2 floors. On the first floor is a bedroom, living room, kitchen, full bathroom and enclosed terrace. There is also access to the annex, which can be used as an office or even an extra bedroom. The second floor is the attic, which has a spacious master bedroom with ensuite bathroom. On entering the property, there is a bedroom to the left, with full-length windows giving access to a narrow veranda overlooking the quiet street below. It has a double bed, bedside table and shelves. The living room has a sofa, dining table and chairs, and is located next to the kitchen. The kitchen is fully equipped with oven, cooker, and cupboards. At one end of the kitchen, there is access to an enclosed terrace, which is a lovely place to sit when the sun comes streaming through the windows, and has an easy-chair and work desk. At one side there is a machine room, with washing machine, fridge-freezer and large water heater. On this floor there is also a full bathroom with shower unit, washbasin and a window to the outside. Outside the enclosed terrace, and accessed by a walkway, the annex provides additional space for an office or even an extra bedroom. It has an area of approximately 10m2, with lockable door and window. It is currently furnished as an office, with desk, chair, and shelves. On the second floor of this property, there is a loft conversion - a large bedroom with comfortable double bed, skylight windows and a full bathroom with shower. The property is well located in the centre of Lisbon, in a quiet residential area, but with good access to transport links, cafés, restaurants and other commerce. #ref: 119049
NOTE: The property is currently rented at €1,300 per month with bills paid separately, giving a 5% return until the end of the contract. This is a T2, 2-bedroom, 2-bathroom property with enclosed terrace and annex, located on the second floor of a building with no lift in the Alto de São João area of central Lisbon, in a quiet residential area, but very close to the Rua Morais Soares, which has several businesses. The property is sold fully furnished and equipped. The property is a duplex, with 2 floors. On the first floor is a bedroom, living room, kitchen, full bathroom and enclosed terrace. There is also access to the annex, which can be used as an office or even an extra bedroom. The second floor is the attic, which has a spacious master bedroom with ensuite bathroom. On entering the property, there is a bedroom to the left, with full-length windows giving access to a narrow veranda overlooking the quiet street below. It has a double bed, bedside table and shelves. The living room has a sofa, dining table and chairs, and is located next to the kitchen. The kitchen is fully equipped with oven, cooker, and cupboards. At one end of the kitchen, there is access to an enclosed terrace, which is a lovely place to sit when the sun comes streaming through the windows, and has an easy-chair and work desk. At one side there is a machine room, with washing machine, fridge-freezer and large water heater. On this floor there is also a full bathroom with shower unit, washbasin and a window to the outside. Outside the enclosed terrace, and accessed by a walkway, the annex provides additional space for an office or even an extra bedroom. It has an area of approximately 10m2, with lockable door and window. It is currently furnished as an office, with desk, chair, and shelves. On the second floor of this property, there is a loft conversion - a large bedroom with comfortable double bed, skylight windows and a full bathroom with shower. The property is well located in the centre of Lisbon, in a quiet residential area, but with good access to transport links, cafés, restaurants and other commerce. #ref: 119049
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Currency Exchange
Lisboa, Lisboa, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £263,648 | £275,024 | £11,376 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £263,648 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,376 |
Lisboa, Lisboa, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £263,648 | £275,024 | £11,376 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £263,648 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,376 |
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 £11,376 more.
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