5 Bedroom flat with 250 sq m, outdoor area of 101 sq m and parking space, inserted in the most recent residential project to be born on the banks of the Douro River, in Vila Nova de Gaia

Santa Marinha, Porto, Portugal

For Sale

€1,390,000

REF: 836647 €1,390,000

Bedrooms
5

Bathrooms
5

Floor Size
250 m²

Plot Size
351 m²

Description

5 Bedroom flat with 250 sq m, outdoor area of 101 sq m and parking space, inserted in the most recent residential project to be born on the banks of the Douro River, in Vila Nova de Gaia. A truly emblematic project, in an exceptional location, in fro...

5 Bedroom flat with 250 sq m, outdoor area of 101 sq m and parking space, inserted in the most recent residential project to be born on the banks of the Douro River, in Vila Nova de Gaia. A truly emblematic project, in an exceptional location, in front of the historic centre of Porto, with a privileged view over the river and the city, A bold and contemporary project by the prestigious architecture firm Saraiva & Associados with terraces and floor-to-ceiling windows that surround the apartments and provide luminosity, comfort and functionality with unique views over the river and the city of Porto.

Located between the city's new natural park, which will be ceded to the Municipality and the Douro River, next to the Arrábida Metro station and the new D. Antónia Ferreira bridge, this development is an excellent opportunity for those who wish to live or invest in an absolutely unique location with superb views, which is born from the unique characteristics of the land; of the landscape and the way in which buildings, volumes and nature fit into its surroundings.

Composed of eight buildings with a maximum of five floors, apartments from T1 to T5, with large terraces, parking and storage rooms. In addition to a multifunctional outdoor meeting and wellness space that includes an amphitheatre and commercial area next to the Douro, arranged harmoniously on the land and in relation to the surrounding landscape, reminiscent of the platforms and terraces of the Douro.

Don't miss this opportunity. Request more information now! For over 25 years Castelhana has been a renowned name in the Portuguese real estate sector. As a company of Dils group, we specialize in advising businesses, organizations and (institutional) investors in buying, selling, renting, letting and development of residential properties.

Founded in 1999, Castelhana has built one of the largest and most solid real estate portfolios in Portugal over the years, with over 600 renovation and new construction projects. In Porto, we are based in Foz Do Douro, one of the noblest places in the city. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital and in the Algarve next to the renowned Vilamoura Marina. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!

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Currency Exchange

Santa Marinha, 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 €1,390,000 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
€1,390,000	£1,145,221	£1,206,645	£61,424

Property Price €	€1,390,000
Minimum cost in the last six months	£1,145,221
Maximum cost in the last six months	£1,206,645
Fluctuating exchange rates over the last six months could have increased the cost of this property by	£61,424

Santa Marinha, 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 €1,390,000 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
€1,390,000	£1,145,221	£1,206,645	£61,424

Property Price €	€1,390,000
Minimum cost in the last six months	£1,145,221
Maximum cost in the last six months	£1,206,645
Fluctuating exchange rates over the last six months could have increased the cost of this property by	£61,424

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 £61,424 more.

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