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T0 apartment with excellent location in the center of Gaia, 5 minutes walk from Cmara de Gaia metro station, has all types of commerce and services in its immediate surroundings, which makes this an investment opportunity
Vila Nova de Gaia, Porto, Portugal
REF: 840877
€150,000
Description
T0 apartment with excellent location in the center of Gaia, 5 minutes walk from Cmara de Gaia metro station, has all types of commerce and services in its immediate surroundings, which makes this an investment opportunity. The apartment is located on the ground floor and is the only one with an independent entrance. It has 42.55m2 of private area, comprising: - Open space living room and kitchen; - Room; - Bathroom. In the surrounding area, tourist and reference sites in the municipality stand out, such as Jardim do Morro and the Serra do Pilar Monastery, as well as all types of services (banks, pharmacy, hospital) and various commercial areas, such as El Corte English, Gaia Shopping, hypermarkets, traditional local commerce and education and health services. * Property under construction, image for illustration purposes only. Get in touch and receive more detailed information about this and other properties. #ref: 120876
T0 apartment with excellent location in the center of Gaia, 5 minutes walk from Cmara de Gaia metro station, has all types of commerce and services in its immediate surroundings, which makes this an investment opportunity. The apartment is located on the ground floor and is the only one with an independent entrance. It has 42.55m2 of private area, comprising: - Open space living room and kitchen; - Room; - Bathroom. In the surrounding area, tourist and reference sites in the municipality stand out, such as Jardim do Morro and the Serra do Pilar Monastery, as well as all types of services (banks, pharmacy, hospital) and various commercial areas, such as El Corte English, Gaia Shopping, hypermarkets, traditional local commerce and education and health services. * Property under construction, image for illustration purposes only. Get in touch and receive more detailed information about this and other properties. #ref: 120876
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Currency Exchange
Vila Nova de Gaia, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £124,247 | £128,918 | £4,671 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £124,247 |
| Maximum cost in the last six months | £128,918 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,671 |
Vila Nova de Gaia, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £124,247 | £128,918 | £4,671 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £124,247 |
| Maximum cost in the last six months | £128,918 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,671 |
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 £4,671 more.
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