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Whether you're an investor or a builder, this is an unmissable opportunity! 52m2 country house ready to be renovated and upgraded
Cadaval, Lisboa, Portugal
REF: 883866
€85,000
Description
Whether you're an investor or a builder, this is an unmissable opportunity! 52m2 country house ready to be renovated and upgraded. With a good renovation, this property can be resold or rented out with an excellent financial return. Property features: Total area: 754 m² of land Construction: 52 m2 There are aspects to this property such as its proximity to the town of Cadaval, where there are all the essential services such as a health centre, restaurants, cafés, a post office, among other types of commerce. This is undoubtedly the ideal location for those who want to be in contact with nature, for those looking for peace and quiet and with stunning views of the Serra de Montejunto. At the same time, you'll be close to big cities like Torres Vedras and Caldas da Rainha. The beaches of the West are approximately 30 minutes away and Lisbon is only 50 minutes away via the A8 or A1 motorways. #ref: 126804
Whether you're an investor or a builder, this is an unmissable opportunity! 52m2 country house ready to be renovated and upgraded. With a good renovation, this property can be resold or rented out with an excellent financial return. Property features: Total area: 754 m² of land Construction: 52 m2 There are aspects to this property such as its proximity to the town of Cadaval, where there are all the essential services such as a health centre, restaurants, cafés, a post office, among other types of commerce. This is undoubtedly the ideal location for those who want to be in contact with nature, for those looking for peace and quiet and with stunning views of the Serra de Montejunto. At the same time, you'll be close to big cities like Torres Vedras and Caldas da Rainha. The beaches of the West are approximately 30 minutes away and Lisbon is only 50 minutes away via the A8 or A1 motorways. #ref: 126804
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Currency Exchange
Cadaval, 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 €85,000 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 |
|---|---|---|---|
| €85,000 | £70,406 | £73,053 | £2,647 |
| Property Price € | €85,000 |
| Minimum cost in the last six months | £70,406 |
| Maximum cost in the last six months | £73,053 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,647 |
Cadaval, 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 €85,000 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 |
|---|---|---|---|
| €85,000 | £70,406 | £73,053 | £2,647 |
| Property Price € | €85,000 |
| Minimum cost in the last six months | £70,406 |
| Maximum cost in the last six months | £73,053 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,647 |
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 £2,647 more.
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