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Four-front villa of excellent construction
Penafiel, Porto, Portugal
REF: 886146
€265,000
Description
Four-front villa of excellent construction. This villa consists of under-basement/garage, basement/garage and ground floor. On the ground floor we find a spacious hall, large kitchen and living room, three bedrooms and two bathrooms. On the -1 floor we have a spacious compartment that can serve as a living room and/or garage for several cars, a pantry and a bathroom. The -2 floor features a garage for 2 cars. It stands out for its quiet residential area 2 minutes walk from the Oleiros stop, 5 minutes from the Paredes train station, with easy access to the motorway (20 minutes from Porto), as well as the shops and services you may need on a daily basis. It is worth noting the proximity to both the center of the city of Penafiel and the center of the city of Paredes where we can find all kinds of commerce and services. Come and see it! #ref: 127231
Four-front villa of excellent construction. This villa consists of under-basement/garage, basement/garage and ground floor. On the ground floor we find a spacious hall, large kitchen and living room, three bedrooms and two bathrooms. On the -1 floor we have a spacious compartment that can serve as a living room and/or garage for several cars, a pantry and a bathroom. The -2 floor features a garage for 2 cars. It stands out for its quiet residential area 2 minutes walk from the Oleiros stop, 5 minutes from the Paredes train station, with easy access to the motorway (20 minutes from Porto), as well as the shops and services you may need on a daily basis. It is worth noting the proximity to both the center of the city of Penafiel and the center of the city of Paredes where we can find all kinds of commerce and services. Come and see it! #ref: 127231
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Currency Exchange
Penafiel, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £219,502 | £227,754 | £8,252 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £219,502 |
| Maximum cost in the last six months | £227,754 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,252 |
Penafiel, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £219,502 | £227,754 | £8,252 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £219,502 |
| Maximum cost in the last six months | £227,754 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,252 |
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 £8,252 more.
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