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Magnificent stone house, located in the center of the village of Fornelos in Santa Marta de Penaguião
Santa Marta de Penaguião, Vila Real, Portugal
REF: 846232
€174,000
Description
Magnificent stone house, located in the center of the village of Fornelos in Santa Marta de Penaguião. This two-storey house, with a gross construction area of 307 m², is perfect for those looking for a home with personality and history, surrounded by the tranquility and beauty of an authentic Portuguese village. Stone Structure: Built in robust stone, this house exudes a rustic and timeless charm, ready to be revitalized to your liking. Lower floor: Lagar: A space that harks back to winemaking traditions, perfect for creating a wine cellar or a personalized leisure area. Storage: Ample storage space, facilitating organization and practical day-to-day use. Upper Floor: 3 Bedrooms 2 Rooms: Generous spaces, ready to be transformed into living and entertainment areas. Kitchen: Large kitchen, perfect for family meals and special culinary moments. Bathroom: Functional bathroom. Pantry and Storage: More storage space to keep everything in order. Wooden Ceilings and Floors: Privileged Location: Located in the heart of Fornelos, this villa is flanked by quiet streets that facilitate access and mobility. The village offers a serene and friendly atmosphere, ideal for those seeking the peace of the countryside, without giving up convenience. Renewal Potential: This old stone house is a blank canvas, ready to be renovated and adapted to your needs and dreams. With a little creativity and dedication, you can transform this space into a contemporary residence while maintaining its character and historic charm. Watch the video on the Douro Real Estate Youtube Channel *At IAD we share business with any consultant or real estate agency. We promote properties on more than 250 national and international real estate portals. If you are a professional in the sector and have a qualified buyer client, contact me and schedule your visit. #ref: 121358
Magnificent stone house, located in the center of the village of Fornelos in Santa Marta de Penaguião. This two-storey house, with a gross construction area of 307 m², is perfect for those looking for a home with personality and history, surrounded by the tranquility and beauty of an authentic Portuguese village. Stone Structure: Built in robust stone, this house exudes a rustic and timeless charm, ready to be revitalized to your liking. Lower floor: Lagar: A space that harks back to winemaking traditions, perfect for creating a wine cellar or a personalized leisure area. Storage: Ample storage space, facilitating organization and practical day-to-day use. Upper Floor: 3 Bedrooms 2 Rooms: Generous spaces, ready to be transformed into living and entertainment areas. Kitchen: Large kitchen, perfect for family meals and special culinary moments. Bathroom: Functional bathroom. Pantry and Storage: More storage space to keep everything in order. Wooden Ceilings and Floors: Privileged Location: Located in the heart of Fornelos, this villa is flanked by quiet streets that facilitate access and mobility. The village offers a serene and friendly atmosphere, ideal for those seeking the peace of the countryside, without giving up convenience. Renewal Potential: This old stone house is a blank canvas, ready to be renovated and adapted to your needs and dreams. With a little creativity and dedication, you can transform this space into a contemporary residence while maintaining its character and historic charm. Watch the video on the Douro Real Estate Youtube Channel *At IAD we share business with any consultant or real estate agency. We promote properties on more than 250 national and international real estate portals. If you are a professional in the sector and have a qualified buyer client, contact me and schedule your visit. #ref: 121358
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Currency Exchange
Santa Marta de Penaguião, Vila Real, 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 €174,000 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 |
|---|---|---|---|
| €174,000 | £144,126 | £149,544 | £5,418 |
| Property Price € | €174,000 |
| Minimum cost in the last six months | £144,126 |
| Maximum cost in the last six months | £149,544 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,418 |
Santa Marta de Penaguião, Vila Real, 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 €174,000 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 |
|---|---|---|---|
| €174,000 | £144,126 | £149,544 | £5,418 |
| Property Price € | €174,000 |
| Minimum cost in the last six months | £144,126 |
| Maximum cost in the last six months | £149,544 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,418 |
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 £5,418 more.
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