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Furnished 2 bedroom duplex flat with balcony license AL in downtown Porto In the heart of Rua da Vitória, between the iconic Rua dos Clérigos and Rua das Flores, flat inserted in a gated community, with balcony, parking space, fully equipped, furnished and decorated
União das Freguesias de Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Portugal
REF: 842485
€520,000
Description
Furnished 2 bedroom duplex flat with balcony license AL in downtown Porto In the heart of Rua da Vitória, between the iconic Rua dos Clérigos and Rua das Flores, flat inserted in a gated community, with balcony, parking space, fully equipped, furnished and decorated. In a new building, completed in 2023, exclusive with only 21 apartments. With living room, kitchen and bathroom on the 2nd floor and the two bedrooms and a bathroom on the 3rd floor With great finishes, air conditioning in all rooms and fully equipped kitchen, in the heart of downtown Porto, in a location where we have everything within a pedestrian distance. Don't miss out on this excellent investment opportunity, whether for your own home or to put on the rental market. Castelhana has been a leading name in the real estate sector Portuguese for more than 25 years. As a company of the Dils group, we specialise in advising companies, organisations and (institutional) investors in the purchase, sale, rental and development of residential properties. Founded in 1999, Castelhana has built over the years one of the largest and most solid real estate portfolios in Portugal, with more than 600 rehabilitation 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 region next to the renowned Vilamoura Marina. We look forward to seeing you. We have a team available to give you the best support in your next real estate investment. Contact us! /n
Furnished 2 bedroom duplex flat with balcony license AL in downtown Porto In the heart of Rua da Vitória, between the iconic Rua dos Clérigos and Rua das Flores, flat inserted in a gated community, with balcony, parking space, fully equipped, furnished and decorated. In a new building, completed in 2023, exclusive with only 21 apartments. With living room, kitchen and bathroom on the 2nd floor and the two bedrooms and a bathroom on the 3rd floor With great finishes, air conditioning in all rooms and fully equipped kitchen, in the heart of downtown Porto, in a location where we have everything within a pedestrian distance. Don't miss out on this excellent investment opportunity, whether for your own home or to put on the rental market. Castelhana has been a leading name in the real estate sector Portuguese for more than 25 years. As a company of the Dils group, we specialise in advising companies, organisations and (institutional) investors in the purchase, sale, rental and development of residential properties. Founded in 1999, Castelhana has built over the years one of the largest and most solid real estate portfolios in Portugal, with more than 600 rehabilitation 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 region next to the renowned Vilamoura Marina. We look forward to seeing you. We have a team available to give you the best support in your next real estate investment. Contact us! /n
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Currency Exchange
União das Freguesias de Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, 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 €520,000 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 |
|---|---|---|---|
| €520,000 | £430,721 | £446,914 | £16,193 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £430,721 |
| Maximum cost in the last six months | £446,914 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,193 |
União das Freguesias de Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, 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 €520,000 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 |
|---|---|---|---|
| €520,000 | £430,721 | £446,914 | £16,193 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £430,721 |
| Maximum cost in the last six months | £446,914 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,193 |
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 £16,193 more.
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