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6 Bedroom villa of old design located in one of the most emblematic areas of the City of Porto, Foz Velha, a stone's throw from Passeio Alegre and the beach
Foz do Douro, Porto, Portugal
REF: 858013
€1,300,000
Description
6 Bedroom villa of old design located in one of the most emblematic areas of the City of Porto, Foz Velha, a stone's throw from Passeio Alegre and the beach. Initially conceived as a single house, it was later divided into two apartments: a T4 and a T2, both currently rented. Despite the division, it is possible to revert to a single house. The T4 has an area of 144sqm and was fully rehabilitated in 2020. On the ground floor, there are two suites and circulation areas. On the ground floor, there is a spacious living room, a kitchen and two bedrooms served by a bathroom. The T2 has an area of 102sqm. On the ground floor, there is the dining room and kitchen, while on the ground floor are the living room and two bedrooms, also served by a bathroom. The property has a magnificent garden of about 280sqm, currently divided for the use of each flat. Located in the heart of Foz Velha just a few meters from the Jardim do Passeio Alegre, beaches and renowned restaurants. It offers an excellent quality of life with all services, commerce and transport. Don't miss this opportunity, book your visit now For over 25 years Castelhana has been a renowned name in the Portuguese real estate sector. As a company of Dils group, we specialize in advising businesses, organizations and (institutional) investors in buying, selling, renting, letting and development of residential properties. Founded in 1999, Castelhana has built one of the largest and most solid real estate portfolios in Portugal over the years, with over 600 renovation 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 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!
6 Bedroom villa of old design located in one of the most emblematic areas of the City of Porto, Foz Velha, a stone's throw from Passeio Alegre and the beach. Initially conceived as a single house, it was later divided into two apartments: a T4 and a T2, both currently rented. Despite the division, it is possible to revert to a single house. The T4 has an area of 144sqm and was fully rehabilitated in 2020. On the ground floor, there are two suites and circulation areas. On the ground floor, there is a spacious living room, a kitchen and two bedrooms served by a bathroom. The T2 has an area of 102sqm. On the ground floor, there is the dining room and kitchen, while on the ground floor are the living room and two bedrooms, also served by a bathroom. The property has a magnificent garden of about 280sqm, currently divided for the use of each flat. Located in the heart of Foz Velha just a few meters from the Jardim do Passeio Alegre, beaches and renowned restaurants. It offers an excellent quality of life with all services, commerce and transport. Don't miss this opportunity, book your visit now For over 25 years Castelhana has been a renowned name in the Portuguese real estate sector. As a company of Dils group, we specialize in advising businesses, organizations and (institutional) investors in buying, selling, renting, letting and development of residential properties. Founded in 1999, Castelhana has built one of the largest and most solid real estate portfolios in Portugal over the years, with over 600 renovation 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 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!
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Currency Exchange
Foz do Douro, 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 €1,300,000 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 |
|---|---|---|---|
| €1,300,000 | £1,076,803 | £1,117,285 | £40,482 |
| Property Price € | €1,300,000 |
| Minimum cost in the last six months | £1,076,803 |
| Maximum cost in the last six months | £1,117,285 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,482 |
Foz do Douro, 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 €1,300,000 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 |
|---|---|---|---|
| €1,300,000 | £1,076,803 | £1,117,285 | £40,482 |
| Property Price € | €1,300,000 |
| Minimum cost in the last six months | £1,076,803 |
| Maximum cost in the last six months | £1,117,285 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,482 |
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 £40,482 more.
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