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Residential of 380 m2, located in Lugar da Estrada, in the central area and 5 minutes from Praia da Consolação, consisting of 7 furnished suites, storage room with laundry, bar and restaurant with fully equipped kitchen
Peniche, Leiria, Portugal
REF: 837780
€590,000
Description
Residential of 380 m2, located in Lugar da Estrada, in the central area and 5 minutes from Praia da Consolação, consisting of 7 furnished suites, storage room with laundry, bar and restaurant with fully equipped kitchen. 1st floor: 4 suites measuring approximately 12 m2, with a covered balcony with a table and 2 chairs, outside each, and views of the sea. Ground floor: fully equipped industrial kitchen with stainless steel machines, furniture and utensils, dining room, bar and 3 bathrooms, including storage and laundry room, with a walled yard of approximately 122 m2, containing an independent entrance to a private patio , with 3 suites, with wheelchair access for one unit. Great sun exposure, easy access to outdoor parking, good condition and ready to use, having recently undergone improvement works. The property has a permit for accommodation and restaurants, with an energy rating of C. Excellent investment opportunity, 10 minutes from the beaches of Peniche and Baleal, well known for surfing. Good access to the motorway, it is possible to reach Lisbon in approximately 50 minutes of travel. Located close to the Medieval Castle of Óbidos, a national heritage site with great historical, tourist and cultural prominence, next to the wonderful Óbidos Lagoon, with a wide variety of recreational sports, as well as a boat trip from Peniche Marina to to the Berlengas Archipelago natural reserve, which in addition to the memorable beauty of the place, allows you to have a magnificent diving experience in its crystal clear waters. I would be very grateful to receive your contact and it will be with great pleasure to provide you with more information or a visit to the house. Susana Cunha IAD Portugal AMI License: 11220 #ref: 120188
Residential of 380 m2, located in Lugar da Estrada, in the central area and 5 minutes from Praia da Consolação, consisting of 7 furnished suites, storage room with laundry, bar and restaurant with fully equipped kitchen. 1st floor: 4 suites measuring approximately 12 m2, with a covered balcony with a table and 2 chairs, outside each, and views of the sea. Ground floor: fully equipped industrial kitchen with stainless steel machines, furniture and utensils, dining room, bar and 3 bathrooms, including storage and laundry room, with a walled yard of approximately 122 m2, containing an independent entrance to a private patio , with 3 suites, with wheelchair access for one unit. Great sun exposure, easy access to outdoor parking, good condition and ready to use, having recently undergone improvement works. The property has a permit for accommodation and restaurants, with an energy rating of C. Excellent investment opportunity, 10 minutes from the beaches of Peniche and Baleal, well known for surfing. Good access to the motorway, it is possible to reach Lisbon in approximately 50 minutes of travel. Located close to the Medieval Castle of Óbidos, a national heritage site with great historical, tourist and cultural prominence, next to the wonderful Óbidos Lagoon, with a wide variety of recreational sports, as well as a boat trip from Peniche Marina to to the Berlengas Archipelago natural reserve, which in addition to the memorable beauty of the place, allows you to have a magnificent diving experience in its crystal clear waters. I would be very grateful to receive your contact and it will be with great pleasure to provide you with more information or a visit to the house. Susana Cunha IAD Portugal AMI License: 11220 #ref: 120188
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Currency Exchange
Peniche, Leiria, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £488,703 | £507,076 | £18,373 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £488,703 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,373 |
Peniche, Leiria, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £488,703 | £507,076 | £18,373 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £488,703 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,373 |
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 £18,373 more.
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