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Renovated 5th floor 5 bedroom flat with 43sqm in Matosinhos Sul Inserted in a building with 24-hour security with excellent sun exposure, facing south that guarantees greater luminosity and sunlight entering the flat, with unobstructed views towards the city park that is less than 2 minutes away
Matosinhos, Porto, Portugal
REF: 842493
€185,000
Description
Renovated 5th floor 5 bedroom flat with 43sqm in Matosinhos Sul Inserted in a building with 24-hour security with excellent sun exposure, facing south that guarantees greater luminosity and sunlight entering the flat, with unobstructed views towards the city park that is less than 2 minutes away. Close to the beach, shops, services, health institutions, education and transport with a bus stop at the door of the house and are by metro from the real park 5 minutes away on foot. Furnished and decorated, with equipped kitchen and with the possibility of acquiring a parking space in the building in question. This fraction with a housing license is an excellent investment alternative that offers us expectations of returns of more than 5% per year. Don't miss this opportunity, book your visit now Castelhana has been a reference name in the Portuguese real estate sector for over 25 years. As a company of the Dils group, we specialise in advising companies, organisations and (institutional) investors on the purchase, sale, lease 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 are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us! /n
Renovated 5th floor 5 bedroom flat with 43sqm in Matosinhos Sul Inserted in a building with 24-hour security with excellent sun exposure, facing south that guarantees greater luminosity and sunlight entering the flat, with unobstructed views towards the city park that is less than 2 minutes away. Close to the beach, shops, services, health institutions, education and transport with a bus stop at the door of the house and are by metro from the real park 5 minutes away on foot. Furnished and decorated, with equipped kitchen and with the possibility of acquiring a parking space in the building in question. This fraction with a housing license is an excellent investment alternative that offers us expectations of returns of more than 5% per year. Don't miss this opportunity, book your visit now Castelhana has been a reference name in the Portuguese real estate sector for over 25 years. As a company of the Dils group, we specialise in advising companies, organisations and (institutional) investors on the purchase, sale, lease 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 are waiting for 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
Matosinhos, 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 €185,000 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 |
|---|---|---|---|
| €185,000 | £153,237 | £158,998 | £5,761 |
| Property Price € | €185,000 |
| Minimum cost in the last six months | £153,237 |
| Maximum cost in the last six months | £158,998 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,761 |
Matosinhos, 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 €185,000 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 |
|---|---|---|---|
| €185,000 | £153,237 | £158,998 | £5,761 |
| Property Price € | €185,000 |
| Minimum cost in the last six months | £153,237 |
| Maximum cost in the last six months | £158,998 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,761 |
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 £5,761 more.
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