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Four-fronted house of excellent construction
Vila Nova de Gaia, Porto, Portugal
REF: 875787
€450,000
Description
Four-fronted house of excellent construction. It stands out in a quiet residential area 3 km from the beach, with easy access to the highway as well as the shops and services you may require on a daily basis. The village has a popular Cultural Center for music and the arts. It`s four fronts give it excellent light, as well as functionality including the outdoor spaces providing barbecue and wood oven, three additional outbuilding, together with a small orchard to enjoy what the land produces. It also has a water well for convenience in maintaining this area. The area of land on the side allows for a variety of options in the future, both for financial profitability and for creating new leisure spaces. In total, there are 1463m2 of land with approximately 360m2 of construction. The entrance floor has open common areas between the living room with wood burning stove, functional kitchen and dining room as well as a closed garage for 1 car with direct access to the house and a service toilet. The upper floor consists of 4 bedrooms, one of them en-suite with a balcony and a bathroom to support the other 3 bedrooms, all with fitted closets for excellent day-to-day functionality. In the basement there is a laundry room and multifunctional storage space with access to the outside. Explore the virtual tour and watch the promotional video... available to visit in person. #ref: 125628
Four-fronted house of excellent construction. It stands out in a quiet residential area 3 km from the beach, with easy access to the highway as well as the shops and services you may require on a daily basis. The village has a popular Cultural Center for music and the arts. It`s four fronts give it excellent light, as well as functionality including the outdoor spaces providing barbecue and wood oven, three additional outbuilding, together with a small orchard to enjoy what the land produces. It also has a water well for convenience in maintaining this area. The area of land on the side allows for a variety of options in the future, both for financial profitability and for creating new leisure spaces. In total, there are 1463m2 of land with approximately 360m2 of construction. The entrance floor has open common areas between the living room with wood burning stove, functional kitchen and dining room as well as a closed garage for 1 car with direct access to the house and a service toilet. The upper floor consists of 4 bedrooms, one of them en-suite with a balcony and a bathroom to support the other 3 bedrooms, all with fitted closets for excellent day-to-day functionality. In the basement there is a laundry room and multifunctional storage space with access to the outside. Explore the virtual tour and watch the promotional video... available to visit in person. #ref: 125628
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Currency Exchange
Vila Nova de Gaia, Porto, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £377,694 | £388,152 | £10,458 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £377,694 |
| Maximum cost in the last six months | £388,152 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,458 |
Vila Nova de Gaia, Porto, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £377,694 | £388,152 | £10,458 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £377,694 |
| Maximum cost in the last six months | £388,152 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,458 |
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 £10,458 more.
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