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Two separate plots of land for the construction of two totally independent family homes
Lisboa, Lisboa, Portugal
REF: 846870
€850,000
Description
Two separate plots of land for the construction of two totally independent family homes. The plots are contiguous and are located in the surrounding of Rossio da Palma, an historic area of Lisbon currently undergoing major urban redevelopment plan, approved by Lisbon City Council. The whole area is currently undergoing intervention and most of the surrounding buildings have already been rebuilt or renovated. The Plan reveals the following feasibility of construction for these two plots: Plot A: - Total area of 130.00 square meters - Deployment area: 123.00 square meters - Number of planned dwellings: 1 - Number of Floors: 2 - Façade height: 6.00 meters - Gross Construction Area: 245.00 square meters - Parking spaces: 3 Plot B: - Total area of 145.00 square meters - Deployment area: 138.00 square meters - Number of dwellings planned: 1 - Number of Floors: 2 - Façade Height: 6.00 meters - Gross Construction Area: 276.00 square meters - Parking spaces: 3 Both plots are in the heart of Palma de Baixo, the historic and traditional area of Laranjeiras, in central Lisbon, with quick and privileged access to the some of the main motorways and avenues of Lisbon. It is just a few minutes' walk from the Portuguese Catholic University, the Marriott Hotel and the Laranjeiras metro station. Excellent opportunity to build two detached houses, totally independent, both with a gross construction area of over 200 square meters, with an entrance and main façade facing Rossio de Palma, enhancing its urban setting. Have you ever imagined your dream home, in the center of Lisbon and in a historic and traditional area like Palma de Baixo? Don't let this opportunity pass you by and schedule your visit now! #ref: 117823
Two separate plots of land for the construction of two totally independent family homes. The plots are contiguous and are located in the surrounding of Rossio da Palma, an historic area of Lisbon currently undergoing major urban redevelopment plan, approved by Lisbon City Council. The whole area is currently undergoing intervention and most of the surrounding buildings have already been rebuilt or renovated. The Plan reveals the following feasibility of construction for these two plots: Plot A: - Total area of 130.00 square meters - Deployment area: 123.00 square meters - Number of planned dwellings: 1 - Number of Floors: 2 - Façade height: 6.00 meters - Gross Construction Area: 245.00 square meters - Parking spaces: 3 Plot B: - Total area of 145.00 square meters - Deployment area: 138.00 square meters - Number of dwellings planned: 1 - Number of Floors: 2 - Façade Height: 6.00 meters - Gross Construction Area: 276.00 square meters - Parking spaces: 3 Both plots are in the heart of Palma de Baixo, the historic and traditional area of Laranjeiras, in central Lisbon, with quick and privileged access to the some of the main motorways and avenues of Lisbon. It is just a few minutes' walk from the Portuguese Catholic University, the Marriott Hotel and the Laranjeiras metro station. Excellent opportunity to build two detached houses, totally independent, both with a gross construction area of over 200 square meters, with an entrance and main façade facing Rossio de Palma, enhancing its urban setting. Have you ever imagined your dream home, in the center of Lisbon and in a historic and traditional area like Palma de Baixo? Don't let this opportunity pass you by and schedule your visit now! #ref: 117823
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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 €850,000 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 |
|---|---|---|---|
| €850,000 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
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 €850,000 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 |
|---|---|---|---|
| €850,000 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
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 £26,469 more.
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