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Bi-family house in Gaia If you are looking for a spacious home with potential, this is the perfect home for you
Vila Nova de Gaia, Porto, Portugal
REF: 878293
€339,000
Description
Bi-family house in Gaia If you are looking for a spacious home with potential, this is the perfect home for you. Main House Style: Isolated, with four fronts, robust granite construction Area: 144m² spread over two floors Distribution: Each floor has two bedrooms, a living room, and a bathroom. The spacious kitchen is on the lower floor. Potential: This house can be converted into a two-story 2-bedroom house, isolating the floors, eliminating the interior stairs and adding a kitchen on the upper floor, which has independent access from the outside. Attached House Area: 106m² spread over two floors Distribution: Three bedrooms on the upper floor and one on the lower floor, living room and kitchen on the lower floor, and a bathroom on each floor. Potential: It is also possible to transform this house into a two-story one-bedroom house, isolating the floors and installing a kitchen on the top floor. Outdoor Area Enjoy the large garden, ideal for creating leisure areas or green spaces. The outdoor space is generous and allows for the installation of a good-sized swimming pool. Garage and Parking Outdoor garage with capacity for two cars, plus additional space to park two more vehicles. Perfect opportunity for you: two houses with enormous potential to transform into up to four floors, offering both a dream space and the possibility of obtaining up to four independent houses to generate extra income. Excellent Location The strategic location between the city and the countryside offers easy access to green spaces, main access roads, public transport, commerce and services. Highlights: Transport: Bus stop 450m away; metro station 1.3km away (yellow line). Health: Santos Silva Hospital 1.9km away; Health Extension 2.4km away. Commerce: Minimarket 400m away; supermarkets such as Mercadona, Froiz and Lidl less than 2km away. Education and Leisure: Schools and municipal swimming pools nearby. Both houses are structurally well maintained, but await a general renovation to become your true personalized home. Don't miss this unique opportunity to invest in two homes with enormous potential! We look forward to introducing you to these incredible villas. Schedule your visit #ref: 125851
Bi-family house in Gaia If you are looking for a spacious home with potential, this is the perfect home for you. Main House Style: Isolated, with four fronts, robust granite construction Area: 144m² spread over two floors Distribution: Each floor has two bedrooms, a living room, and a bathroom. The spacious kitchen is on the lower floor. Potential: This house can be converted into a two-story 2-bedroom house, isolating the floors, eliminating the interior stairs and adding a kitchen on the upper floor, which has independent access from the outside. Attached House Area: 106m² spread over two floors Distribution: Three bedrooms on the upper floor and one on the lower floor, living room and kitchen on the lower floor, and a bathroom on each floor. Potential: It is also possible to transform this house into a two-story one-bedroom house, isolating the floors and installing a kitchen on the top floor. Outdoor Area Enjoy the large garden, ideal for creating leisure areas or green spaces. The outdoor space is generous and allows for the installation of a good-sized swimming pool. Garage and Parking Outdoor garage with capacity for two cars, plus additional space to park two more vehicles. Perfect opportunity for you: two houses with enormous potential to transform into up to four floors, offering both a dream space and the possibility of obtaining up to four independent houses to generate extra income. Excellent Location The strategic location between the city and the countryside offers easy access to green spaces, main access roads, public transport, commerce and services. Highlights: Transport: Bus stop 450m away; metro station 1.3km away (yellow line). Health: Santos Silva Hospital 1.9km away; Health Extension 2.4km away. Commerce: Minimarket 400m away; supermarkets such as Mercadona, Froiz and Lidl less than 2km away. Education and Leisure: Schools and municipal swimming pools nearby. Both houses are structurally well maintained, but await a general renovation to become your true personalized home. Don't miss this unique opportunity to invest in two homes with enormous potential! We look forward to introducing you to these incredible villas. Schedule your visit #ref: 125851
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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 €339,000 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 |
|---|---|---|---|
| €339,000 | £284,529 | £292,408 | £7,878 |
| Property Price € | €339,000 |
| Minimum cost in the last six months | £284,529 |
| Maximum cost in the last six months | £292,408 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,878 |
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 €339,000 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 |
|---|---|---|---|
| €339,000 | £284,529 | £292,408 | £7,878 |
| Property Price € | €339,000 |
| Minimum cost in the last six months | £284,529 |
| Maximum cost in the last six months | £292,408 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,878 |
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 £7,878 more.
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