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House with 132 square metres of gross construction area, annex and a plot of land
Penela, Coimbra, Portugal
REF: 871635
€75,000
Description
House with 132 square metres of gross construction area, annex and a plot of land. Stone-built, single-storey and functional! The entrance is into a large semi-equipped living room/kitchen with a wood-burning stove and a window with beautiful views to the west. To the right of the kitchen is a large bedroom with a glazed door to the outside. This room has two levels: the first at kitchen level and the second in the middle of the space, combining a sleeping area and an open dressing room in different environments. To the left of the kitchen is a small living room with a window to the outside and a bedroom with a window to the west with incredible views of the Sicó mountains. From the living room, we also have access to a large full bathroom. It should be noted that all the windows have external aluminium shutters and double glazing. Outside there is a small terrace with a barbecue, ideal for socialising and dining. A second stone house and a yard with an area of 840 square metres will also be sold together with this house. Ideal for turning into a guest house. This property is habitable and just needs a bit of work on the roof. It could be the perfect ‘retreat’ or holiday home. Permanent residence with the possibility of renovating the small stone house and making it profitable. Excellent for investment! Just 3 minutes by car from the village of Espinhal you'll find a supermarket, ATM, CTT, restaurant, services and a variety of shops. Features: - 1 kitchen - 1 barbecue - 1 bathroom - 2 bedrooms - 1 living room - Backyard and a second house to renovate Relevant distances: - Vila do Espinhal 3 km away - Town of Penela 6 km away - Motorway 4 km away - City of Coimbra 25 km away - Lisbon 200 km away - Porto 160 km away #ref: 125328
House with 132 square metres of gross construction area, annex and a plot of land. Stone-built, single-storey and functional! The entrance is into a large semi-equipped living room/kitchen with a wood-burning stove and a window with beautiful views to the west. To the right of the kitchen is a large bedroom with a glazed door to the outside. This room has two levels: the first at kitchen level and the second in the middle of the space, combining a sleeping area and an open dressing room in different environments. To the left of the kitchen is a small living room with a window to the outside and a bedroom with a window to the west with incredible views of the Sicó mountains. From the living room, we also have access to a large full bathroom. It should be noted that all the windows have external aluminium shutters and double glazing. Outside there is a small terrace with a barbecue, ideal for socialising and dining. A second stone house and a yard with an area of 840 square metres will also be sold together with this house. Ideal for turning into a guest house. This property is habitable and just needs a bit of work on the roof. It could be the perfect ‘retreat’ or holiday home. Permanent residence with the possibility of renovating the small stone house and making it profitable. Excellent for investment! Just 3 minutes by car from the village of Espinhal you'll find a supermarket, ATM, CTT, restaurant, services and a variety of shops. Features: - 1 kitchen - 1 barbecue - 1 bathroom - 2 bedrooms - 1 living room - Backyard and a second house to renovate Relevant distances: - Vila do Espinhal 3 km away - Town of Penela 6 km away - Motorway 4 km away - City of Coimbra 25 km away - Lisbon 200 km away - Porto 160 km away #ref: 125328
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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 €75,000 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 |
|---|---|---|---|
| €75,000 | £62,123 | £64,459 | £2,336 |
| Property Price € | €75,000 |
| Minimum cost in the last six months | £62,123 |
| Maximum cost in the last six months | £64,459 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,336 |
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 €75,000 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 |
|---|---|---|---|
| €75,000 | £62,123 | £64,459 | £2,336 |
| Property Price € | €75,000 |
| Minimum cost in the last six months | £62,123 |
| Maximum cost in the last six months | £64,459 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,336 |
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 £2,336 more.
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