Search
INVESTMENT OPPORTUNITY 2 bedroom apartment located on the ground floor of a building located in Penha de França with private parking for residents
Lisboa, Lisboa, Portugal
REF: 869453
€200,000
Description
INVESTMENT OPPORTUNITY 2 bedroom apartment located on the ground floor of a building located in Penha de França with private parking for residents. Located in a private and quiet village (Vila Saraiva), below the Penha de França viewpoint. The property is currently rented with a renewable contract (annually). Rent price: €450.00. The apartment has 37m2, is habitable and consists of: Living room with 10m2 1st bedroom (interior) with 11m2 2nd bedroom with 9m2 Kitchen with 5m2 (Gas supply: cylinder) Bathroom with 2m2 Points of interest (on foot): Penha de França Swimming Pool 150m (2min) Arroios Metro 500m (6min) Arroios Market 550m (7min) Penha de França Viewpoint 300m (4min) Continente General Roçadas 500m (6min) MyAuchan Morais Soares 250m (3min) Ideal for investors looking for properties in the center of Lisbon, in an area where you can find all types of local shops, bakeries, restaurants, banks, pharmacies and other services. This property offers excellent potential for appreciation, and is a unique opportunity to modernize the space and increase its market value in the medium and long term. Penha de França is located on one of the seven hills in the northeast of Lisbon. It is known for being safe, quiet and family-friendly. Thanks to its location, you will find several viewpoints nearby with stunning views over the city towards the river. The Penha de França viewpoint is a great place for photography lovers or just to sit and enjoy the view. Don't miss this opportunity and book your visit. For any additional information before your visit, please contact: Raquelly GOUVEIA Broker - IAD Portugal S.A. | AMI: 11220 #ref: 124460
INVESTMENT OPPORTUNITY 2 bedroom apartment located on the ground floor of a building located in Penha de França with private parking for residents. Located in a private and quiet village (Vila Saraiva), below the Penha de França viewpoint. The property is currently rented with a renewable contract (annually). Rent price: €450.00. The apartment has 37m2, is habitable and consists of: Living room with 10m2 1st bedroom (interior) with 11m2 2nd bedroom with 9m2 Kitchen with 5m2 (Gas supply: cylinder) Bathroom with 2m2 Points of interest (on foot): Penha de França Swimming Pool 150m (2min) Arroios Metro 500m (6min) Arroios Market 550m (7min) Penha de França Viewpoint 300m (4min) Continente General Roçadas 500m (6min) MyAuchan Morais Soares 250m (3min) Ideal for investors looking for properties in the center of Lisbon, in an area where you can find all types of local shops, bakeries, restaurants, banks, pharmacies and other services. This property offers excellent potential for appreciation, and is a unique opportunity to modernize the space and increase its market value in the medium and long term. Penha de França is located on one of the seven hills in the northeast of Lisbon. It is known for being safe, quiet and family-friendly. Thanks to its location, you will find several viewpoints nearby with stunning views over the city towards the river. The Penha de França viewpoint is a great place for photography lovers or just to sit and enjoy the view. Don't miss this opportunity and book your visit. For any additional information before your visit, please contact: Raquelly GOUVEIA Broker - IAD Portugal S.A. | AMI: 11220 #ref: 124460
Read More
Property on Map
Currency Exchange
Lisboa, 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 €200,000 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 |
|---|---|---|---|
| €200,000 | £165,662 | £171,890 | £6,228 |
| Property Price € | €200,000 |
| Minimum cost in the last six months | £165,662 |
| Maximum cost in the last six months | £171,890 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,228 |
Lisboa, 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 €200,000 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 |
|---|---|---|---|
| €200,000 | £165,662 | £171,890 | £6,228 |
| Property Price € | €200,000 |
| Minimum cost in the last six months | £165,662 |
| Maximum cost in the last six months | £171,890 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,228 |
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 £6,228 more.
Search popular regions
Useful links
Hi {{firstName}},
Enquire about this property
Make an Enquiry on this property
No Yes
No Yes
I agree to be connected with a trusted property agent who will receive
these details.
We handle your data with care and only ever as outlined in our
Privacy Policy
Thank you for your
enquiry!
Our partner agent will be in touch with you shortly.
Our partner agent will be in touch with you shortly.
Enquire about this property
No
Yes
No
Yes
I agree to be connected with the property agent for more detail on this
listing.
We handle your data with care and only ever as outlined in our
Privacy Policy
