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1 Bedroom flat with 64sqm, balcony of 16sqm and 1 parking space, inserted in a new 4-star luxury development, with high standards of construction and services and an excellent location, born in front of one of the most famous and iconic beaches in Portugal - Praia das Maçãs
Colares, Lisboa, Portugal
REF: 859622
€569,262
Description
1 Bedroom flat with 64sqm, balcony of 16sqm and 1 parking space, inserted in a new 4-star luxury development, with high standards of construction and services and an excellent location, born in front of one of the most famous and iconic beaches in Portugal - Praia das Maçãs. Composed of 110 apartments, including studios and 1 bedroom apartments, offering social and leisure areas, which include a restaurant, an event room for 50 people, gym, spa, outdoor and indoor swimming pools and private parking spaces for each unit. Some apartments have balconies and unobstructed views of the sea and the beach, and all are sold fully furnished and equipped. During the summer, the development will become a unique beach destination, providing various outdoor activities, such as Hiking, Mountain Biking, Climbing, Surfing, Paddle, among others, offering in winter great conditions for meetings, conferences and events, as well as Mindfulness retreats and Wellness Retreats. It is an excellent investment option: 'Buy to Let' is a well-established and secure investment concept, in which the owners own full ownership of the units, leaving the management in charge of an experienced hotel team who will generate income by renting them out, with investors being able to use their units 14 days a year at no cost. Don't miss this opportunity. Request more information 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 Lisbon, we are based in Chiado, one of the most emblematic and traditional areas of the capital. In Porto, in Foz do Douro, one of the noblest places in the city 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 64sqm, balcony of 16sqm and 1 parking space, inserted in a new 4-star luxury development, with high standards of construction and services and an excellent location, born in front of one of the most famous and iconic beaches in Portugal - Praia das Maçãs. Composed of 110 apartments, including studios and 1 bedroom apartments, offering social and leisure areas, which include a restaurant, an event room for 50 people, gym, spa, outdoor and indoor swimming pools and private parking spaces for each unit. Some apartments have balconies and unobstructed views of the sea and the beach, and all are sold fully furnished and equipped. During the summer, the development will become a unique beach destination, providing various outdoor activities, such as Hiking, Mountain Biking, Climbing, Surfing, Paddle, among others, offering in winter great conditions for meetings, conferences and events, as well as Mindfulness retreats and Wellness Retreats. It is an excellent investment option: 'Buy to Let' is a well-established and secure investment concept, in which the owners own full ownership of the units, leaving the management in charge of an experienced hotel team who will generate income by renting them out, with investors being able to use their units 14 days a year at no cost. Don't miss this opportunity. Request more information 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 Lisbon, we are based in Chiado, one of the most emblematic and traditional areas of the capital. In Porto, in Foz do Douro, one of the noblest places in the city 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
Colares, 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 €569,262 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 |
|---|---|---|---|
| €569,262 | £471,525 | £489,252 | £17,727 |
| Property Price € | €569,262 |
| Minimum cost in the last six months | £471,525 |
| Maximum cost in the last six months | £489,252 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,727 |
Colares, 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 €569,262 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 |
|---|---|---|---|
| €569,262 | £471,525 | £489,252 | £17,727 |
| Property Price € | €569,262 |
| Minimum cost in the last six months | £471,525 |
| Maximum cost in the last six months | £489,252 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,727 |
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 £17,727 more.
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