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Modern and comfortable 2 bedroom flat 3 minutes walk from the river pier of Cacilhas whose crossing to Lisbon takes 10 minutes
União das Freguesias de Almada, Cova da Piedade, Pragal e Cacilhas, Setúbal, Portugal
REF: 886080
€247,500
Description
Modern and comfortable 2 bedroom flat 3 minutes walk from the river pier of Cacilhas whose crossing to Lisbon takes 10 minutes. With a total area of 61sqm, the property was remodelled. You can also enjoy the panoramic and breathtaking view over the river and Lisbon right at the level of this lower floor. Comprising living room with excellent natural light, fully equipped kitchen, two equally bright bedrooms. Bathroom with shower. The building has a lift, with a strategic location, close to public transport, supermarkets, restaurants and leisure areas. In addition, it is just a few minutes' walk from the riverbank, ideal for hiking and outdoor activities. This flat is rented, which makes the purchase an excellent option for investors looking for a property ready to generate income. Contract Expires on 31/05/2027 and generates an annual gross income of 5.1% per year. Don't miss this unique opportunity to acquire a refurbished property, with a privileged view and excellent location!
Modern and comfortable 2 bedroom flat 3 minutes walk from the river pier of Cacilhas whose crossing to Lisbon takes 10 minutes. With a total area of 61sqm, the property was remodelled. You can also enjoy the panoramic and breathtaking view over the river and Lisbon right at the level of this lower floor. Comprising living room with excellent natural light, fully equipped kitchen, two equally bright bedrooms. Bathroom with shower. The building has a lift, with a strategic location, close to public transport, supermarkets, restaurants and leisure areas. In addition, it is just a few minutes' walk from the riverbank, ideal for hiking and outdoor activities. This flat is rented, which makes the purchase an excellent option for investors looking for a property ready to generate income. Contract Expires on 31/05/2027 and generates an annual gross income of 5.1% per year. Don't miss this unique opportunity to acquire a refurbished property, with a privileged view and excellent location!
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Currency Exchange
União das Freguesias de Almada, Cova da Piedade, Pragal e Cacilhas, Setúbal, 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 €247,500 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 |
|---|---|---|---|
| €247,500 | £203,915 | £212,714 | £8,799 |
| Property Price € | €247,500 |
| Minimum cost in the last six months | £203,915 |
| Maximum cost in the last six months | £212,714 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,799 |
União das Freguesias de Almada, Cova da Piedade, Pragal e Cacilhas, Setúbal, 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 €247,500 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 |
|---|---|---|---|
| €247,500 | £203,915 | £212,714 | £8,799 |
| Property Price € | €247,500 |
| Minimum cost in the last six months | £203,915 |
| Maximum cost in the last six months | £212,714 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,799 |
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 £8,799 more.
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