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Brand new 2 bedroom apartment in the heart of Alfama
Lisboa, Lisboa, Portugal
REF: 839816
€475,000
Description
Brand new 2 bedroom apartment in the heart of Alfama. This duplex apartment is on the second and third (top) floor of a charming Alfama building. The lower floor is composed of one bedroom, full bathroom, fully equipped kitchen and living room. The upper floor has an additional bedroom, full bathroom and large open space perfect for a home office or secondary living room. There is also a small balcony with a river view. The apartment has just undergone a full renovation including new roof, façade, along with electrical and plumbing installations. Located in the heart of Alfama this is the perfect apartment for a pied-a-terre or rental investment in the most historic part of Lisbon. Don't hesitate to contact me for further information or to request a viewing! I speak English, French & Portuguese :) #ref: 113421
Brand new 2 bedroom apartment in the heart of Alfama. This duplex apartment is on the second and third (top) floor of a charming Alfama building. The lower floor is composed of one bedroom, full bathroom, fully equipped kitchen and living room. The upper floor has an additional bedroom, full bathroom and large open space perfect for a home office or secondary living room. There is also a small balcony with a river view. The apartment has just undergone a full renovation including new roof, façade, along with electrical and plumbing installations. Located in the heart of Alfama this is the perfect apartment for a pied-a-terre or rental investment in the most historic part of Lisbon. Don't hesitate to contact me for further information or to request a viewing! I speak English, French & Portuguese :) #ref: 113421
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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 €475,000 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 |
|---|---|---|---|
| €475,000 | £391,353 | £408,239 | £16,886 |
| Property Price € | €475,000 |
| Minimum cost in the last six months | £391,353 |
| Maximum cost in the last six months | £408,239 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,886 |
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 €475,000 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 |
|---|---|---|---|
| €475,000 | £391,353 | £408,239 | £16,886 |
| Property Price € | €475,000 |
| Minimum cost in the last six months | £391,353 |
| Maximum cost in the last six months | £408,239 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,886 |
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 £16,886 more.
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