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Strategically located between the historic center of Vila Nova de Gaia and Devesas, this property represents the perfect fusion between the charm of the past and the modernity of the present
Vila Nova de Gaia, Porto, Portugal
REF: 854492
€1,375,000
Description
Strategically located between the historic center of Vila Nova de Gaia and Devesas, this property represents the perfect fusion between the charm of the past and the modernity of the present. The property has a permit that allows its use for both services and housing. Born from the complete renovation of a 1930s factory, this large and versatile space offers a unique and multifunctional experience for its new owners. Property Features: Gross Useful Area: 334 m² divided into 2 floors Total Area: 350 m² Outdoor Patio: Approximately 36 m² Architectural Project: Designed by Pedro Sá Costa, designed to be multifunctional with modern decoration and high energy efficiency (A classification) This property can be restructured for housing purposes or maintain a dual capacity. LOFT Apartment: 4 spacious bedrooms 4 bathrooms Fully equipped kitchen Laundry area Huge social area, ideal for integrating professional and personal activities Desk : Space for around 20 people working simultaneously Versatile room with 11 different types Integrated technological solutions for a true smartoffice Designed for hybrid work environments and corporate events Location and Access: 7 minutes walk from Devesas train station 10 minutes walk from Cmara de Gaia metro station Future Ruby Metro Line: Will connect Boavista (Porto) to Santo Ovídio (Vila Nova de Gaia) with a station in Devesas Vila Nova de Gaia Hospital Center – 400 meters Santa Marinha Basic School – 450 meters Gaia Central Pharmacy – 450 meters Supermarket (600m) - Lidl 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: 122717
Strategically located between the historic center of Vila Nova de Gaia and Devesas, this property represents the perfect fusion between the charm of the past and the modernity of the present. The property has a permit that allows its use for both services and housing. Born from the complete renovation of a 1930s factory, this large and versatile space offers a unique and multifunctional experience for its new owners. Property Features: Gross Useful Area: 334 m² divided into 2 floors Total Area: 350 m² Outdoor Patio: Approximately 36 m² Architectural Project: Designed by Pedro Sá Costa, designed to be multifunctional with modern decoration and high energy efficiency (A classification) This property can be restructured for housing purposes or maintain a dual capacity. LOFT Apartment: 4 spacious bedrooms 4 bathrooms Fully equipped kitchen Laundry area Huge social area, ideal for integrating professional and personal activities Desk : Space for around 20 people working simultaneously Versatile room with 11 different types Integrated technological solutions for a true smartoffice Designed for hybrid work environments and corporate events Location and Access: 7 minutes walk from Devesas train station 10 minutes walk from Cmara de Gaia metro station Future Ruby Metro Line: Will connect Boavista (Porto) to Santo Ovídio (Vila Nova de Gaia) with a station in Devesas Vila Nova de Gaia Hospital Center – 400 meters Santa Marinha Basic School – 450 meters Gaia Central Pharmacy – 450 meters Supermarket (600m) - Lidl 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: 122717
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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 €1,375,000 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 |
|---|---|---|---|
| €1,375,000 | £1,132,863 | £1,181,744 | £48,881 |
| Property Price € | €1,375,000 |
| Minimum cost in the last six months | £1,132,863 |
| Maximum cost in the last six months | £1,181,744 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £48,881 |
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 €1,375,000 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 |
|---|---|---|---|
| €1,375,000 | £1,132,863 | £1,181,744 | £48,881 |
| Property Price € | €1,375,000 |
| Minimum cost in the last six months | £1,132,863 |
| Maximum cost in the last six months | £1,181,744 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £48,881 |
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 £48,881 more.
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