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1 Bedroom flat with 48 sq m, balcony with 6 sq m and terrace with 46 sq m, inserted in the most recent development to be born in the heart of Vila Nova de Gaia, a few meters from the already iconic Jardim do Morro, cable car and Luis I Bridge
União das Freguesias de Santa Marinha e São Pedro da Afurada, Porto, Portugal
REF: 859612
€315,000
Description
1 Bedroom flat with 48 sq m, balcony with 6 sq m and terrace with 46 sq m, inserted in the most recent development to be born in the heart of Vila Nova de Gaia, a few meters from the already iconic Jardim do Morro, cable car and Luis I Bridge. Its location, with direct pedestrian connection to downtown Porto and Ribeira, close to the metro, as well as all public transport, services, restaurants and commerce, is an asset whether for housing or investment. An exclusive development with 6 apartments, T0 to T2 with garage, balconies and fully equipped kitchens, a building for those looking for discretion, tranquillity and quality. On the 2nd and top floor, Ernesto 65 has two 1 and 2 bedroom duplexes with an incredible terrace on the rooftop. Completion scheduled for summer 2026. Don't miss the opportunity, make your reservation 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!
1 Bedroom flat with 48 sq m, balcony with 6 sq m and terrace with 46 sq m, inserted in the most recent development to be born in the heart of Vila Nova de Gaia, a few meters from the already iconic Jardim do Morro, cable car and Luis I Bridge. Its location, with direct pedestrian connection to downtown Porto and Ribeira, close to the metro, as well as all public transport, services, restaurants and commerce, is an asset whether for housing or investment. An exclusive development with 6 apartments, T0 to T2 with garage, balconies and fully equipped kitchens, a building for those looking for discretion, tranquillity and quality. On the 2nd and top floor, Ernesto 65 has two 1 and 2 bedroom duplexes with an incredible terrace on the rooftop. Completion scheduled for summer 2026. Don't miss the opportunity, make your reservation 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
União das Freguesias de Santa Marinha e São Pedro da Afurada, 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 €315,000 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 |
|---|---|---|---|
| €315,000 | £264,386 | £271,706 | £7,321 |
| Property Price € | €315,000 |
| Minimum cost in the last six months | £264,386 |
| Maximum cost in the last six months | £271,706 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,321 |
União das Freguesias de Santa Marinha e São Pedro da Afurada, 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 €315,000 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 |
|---|---|---|---|
| €315,000 | £264,386 | £271,706 | £7,321 |
| Property Price € | €315,000 |
| Minimum cost in the last six months | £264,386 |
| Maximum cost in the last six months | £271,706 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,321 |
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 £7,321 more.
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