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House in São Mateus
Angra do Heroísmo, Ilha Terceira, Portugal, 9700-562
REF: 866842
€80,000
Description
2 bedroom villa for recovery in the center of São Mateus. Rehabilitation House with Great Potential
House for recovery, with great potential for appreciation. Located in a quiet and accessible area in the parish of São Mateus, this property is ideal for creating the home of your dreams. With a land area of 108m and a construction area of 78m , the villa has a solid structure, two bedrooms and a bathroom. The outdoor patio is perfect for leisure, and the annex can be used as storage, studio or studio.
Located in a quiet residential area, it is close to schools, shops and public transport, as well as leisure areas and the sea. Excellent for renovation, allows for full customization and increased value. A unique opportunity to create a modern and welcoming home.
2 bedroom villa for recovery in the center of São Mateus. Rehabilitation House with Great Potential
House for recovery, with great potential for appreciation. Located in a quiet and accessible area in the parish of São Mateus, this property is ideal for creating the home of your dreams. With a land area of 108m and a construction area of 78m , the villa has a solid structure, two bedrooms and a bathroom. The outdoor patio is perfect for leisure, and the annex can be used as storage, studio or studio.
Located in a quiet residential area, it is close to schools, shops and public transport, as well as leisure areas and the sea. Excellent for renovation, allows for full customization and increased value. A unique opportunity to create a modern and welcoming home.
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Currency Exchange
Angra do Heroísmo, Ilha Terceira, Portugal, 9700-562
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 €80,000 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 |
|---|---|---|---|
| €80,000 | £66,265 | £68,756 | £2,491 |
| Property Price € | €80,000 |
| Minimum cost in the last six months | £66,265 |
| Maximum cost in the last six months | £68,756 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,491 |
Angra do Heroísmo, Ilha Terceira, Portugal, 9700-562
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 €80,000 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 |
|---|---|---|---|
| €80,000 | £66,265 | £68,756 | £2,491 |
| Property Price € | €80,000 |
| Minimum cost in the last six months | £66,265 |
| Maximum cost in the last six months | £68,756 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,491 |
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 £2,491 more.
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