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3-bedroom villa located in the centre of the town of Penela
Penela, Coimbra, Portugal
REF: 860431
€100,000
Description
3-bedroom villa located in the centre of the town of Penela. This house is on the first floor of a building with a basement and first floor, and the main access is via a staircase leading to a hall, from which the rooms of the house are distributed to the right and left. The first room is the large kitchen with a window to the outside and direct access to a dining room with a window to the south and a window to the west. Following the corridor are the 3 bedrooms, all with windows, an office and a utility room. At the top of the corridor, there is also a balcony with views of the village. The house also includes a laundry room, a bathroom and a terrace with southern exposure and access to the street. The property needs some remodelling, but the structure is in excellent condition. As it is centrally located, all services and shops can be reached on foot. It will also be excellent for investment, such as local accommodation or a hostel. Features: - 1 unequipped kitchen - 1 bathroom - 3 bedrooms - 1 lounge - 1 bathroom - 1 laundry room - Terrace - Balcony Relevant distances: - City of Coimbra 23 km away - Lisbon 200 km away - Porto 150 km away - Beach 70 km away #ref: 123811
3-bedroom villa located in the centre of the town of Penela. This house is on the first floor of a building with a basement and first floor, and the main access is via a staircase leading to a hall, from which the rooms of the house are distributed to the right and left. The first room is the large kitchen with a window to the outside and direct access to a dining room with a window to the south and a window to the west. Following the corridor are the 3 bedrooms, all with windows, an office and a utility room. At the top of the corridor, there is also a balcony with views of the village. The house also includes a laundry room, a bathroom and a terrace with southern exposure and access to the street. The property needs some remodelling, but the structure is in excellent condition. As it is centrally located, all services and shops can be reached on foot. It will also be excellent for investment, such as local accommodation or a hostel. Features: - 1 unequipped kitchen - 1 bathroom - 3 bedrooms - 1 lounge - 1 bathroom - 1 laundry room - Terrace - Balcony Relevant distances: - City of Coimbra 23 km away - Lisbon 200 km away - Porto 150 km away - Beach 70 km away #ref: 123811
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Currency Exchange
Penela, Coimbra, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,831 | £85,945 | £3,114 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,831 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,114 |
Penela, Coimbra, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,831 | £85,945 | £3,114 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,831 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,114 |
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 £3,114 more.
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