Search
Land for Multifamily Development in Rio Tinto Looking for an excellent investment opportunity in a prime location? This already subdivided plot, located in the heart of Rio Tinto, comes with an approved project for the construction of a multifamily housing development with 8 units and extensive ou
Gondomar, Porto, Portugal
REF: 885826
€649,000
Description
Land for Multifamily Development in Rio Tinto Looking for an excellent investment opportunity in a prime location? This already subdivided plot, located in the heart of Rio Tinto, comes with an approved project for the construction of a multifamily housing development with 8 units and extensive outdoor spaces. Key Features: - Gross Building Area: 1620 m² - Approved project for 8 units (5 T2 and 3 T3), each with its own parking space and storage; - Gated community with potential to include a swimming pool, playground, and barbecue area; - Central location: 400m from Campainha Metro station and 600m from Rio Tinto train station; - Close to various services and infrastructures, such as Parque Nascente shopping center, Fábrica do Cobre Retail Park, and Hospital de S. João. - With a footprint of 408 m² and 4 floors (including basement), this project offers spacious and modern spaces, ideal for families seeking quality of life in a rapidly growing area. Highlights: - Project for 5 T2 apartments and 3 T3 apartments with balconies and generous interior spaces; - Private parking for each unit; - Excellent access to Porto, just 5 minutes away; - Surrounding area with supermarkets, schools, and other services within 3 km. A unique opportunity for developers and investors, with a project that prioritizes comfort and leisure in a modern and exclusive environment. My name is Helena Fernandes, an independent real estate consultant with iad, operating in the Porto district with dedication and professionalism. Since its creation in 2008 in France, iad has expanded to various countries, being present in Portugal since 2015. Our modern, digital approach eliminates the need for physical offices, allowing me to offer you personalized service wherever you are. With a foundation built on professionalism and transparency, I strive to exceed your expectations. By choosing an iad consultant, you not only benefit from local expertise but also from the vast international network of iad real estate consultants. With clients worldwide, we are prepared to maximize the sales potential of your property, ensuring your satisfaction throughout the process. Make the right choice to buy or sell your home. Choose iad and experience excellence in real estate services. I am available to help you achieve the best results. #ref: 127125
Land for Multifamily Development in Rio Tinto Looking for an excellent investment opportunity in a prime location? This already subdivided plot, located in the heart of Rio Tinto, comes with an approved project for the construction of a multifamily housing development with 8 units and extensive outdoor spaces. Key Features: - Gross Building Area: 1620 m² - Approved project for 8 units (5 T2 and 3 T3), each with its own parking space and storage; - Gated community with potential to include a swimming pool, playground, and barbecue area; - Central location: 400m from Campainha Metro station and 600m from Rio Tinto train station; - Close to various services and infrastructures, such as Parque Nascente shopping center, Fábrica do Cobre Retail Park, and Hospital de S. João. - With a footprint of 408 m² and 4 floors (including basement), this project offers spacious and modern spaces, ideal for families seeking quality of life in a rapidly growing area. Highlights: - Project for 5 T2 apartments and 3 T3 apartments with balconies and generous interior spaces; - Private parking for each unit; - Excellent access to Porto, just 5 minutes away; - Surrounding area with supermarkets, schools, and other services within 3 km. A unique opportunity for developers and investors, with a project that prioritizes comfort and leisure in a modern and exclusive environment. My name is Helena Fernandes, an independent real estate consultant with iad, operating in the Porto district with dedication and professionalism. Since its creation in 2008 in France, iad has expanded to various countries, being present in Portugal since 2015. Our modern, digital approach eliminates the need for physical offices, allowing me to offer you personalized service wherever you are. With a foundation built on professionalism and transparency, I strive to exceed your expectations. By choosing an iad consultant, you not only benefit from local expertise but also from the vast international network of iad real estate consultants. With clients worldwide, we are prepared to maximize the sales potential of your property, ensuring your satisfaction throughout the process. Make the right choice to buy or sell your home. Choose iad and experience excellence in real estate services. I am available to help you achieve the best results. #ref: 127125
Read More
Property on Map
Currency Exchange
Gondomar, 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 €649,000 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 |
|---|---|---|---|
| €649,000 | £537,573 | £557,783 | £20,210 |
| Property Price € | €649,000 |
| Minimum cost in the last six months | £537,573 |
| Maximum cost in the last six months | £557,783 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,210 |
Gondomar, 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 €649,000 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 |
|---|---|---|---|
| €649,000 | £537,573 | £557,783 | £20,210 |
| Property Price € | €649,000 |
| Minimum cost in the last six months | £537,573 |
| Maximum cost in the last six months | £557,783 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,210 |
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 £20,210 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
