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Charming 1950s villa, retaining its original design, with staircase, floor and window frames typical of the period, which gives it enormous potential for extension or reconstruction
Porto, Portugal
REF: 886237
€550,000
Description
Charming 1950s villa, retaining its original design, with staircase, floor and window frames typical of the period, which gives it enormous potential for extension or reconstruction. It sits on a plot of 230 m2 and develops over three floors, witheast-west sun exposure. On the first floor there is a bedroom, a guest bathroom and a closed garage for one car, as well as a covered area of 100 m2. On the second floor, in the social area, you'll find the kitchen and living room, both with generous areas and plenty of natural light. The top floor has three bedrooms with generous areas and a bathroom. Outside there is a very large terrace with a connection to the garden of 60 m2, with the possibility of opening onto the house and/or garage on both fronts. The property is situated in a private area with excellent access on one of the best-known streets in the parish of Aldoar. Close to the City Park, international schools, with services and shops within walking distance. CHARACTERISTICS:Plot Area: 230 m2 | 2 476 sq ftDeployment Area: 114 m2 | 1 227 sq ftBuilding Area: 285 m2 | 3 068 sq ftBedrooms: 4Bathrooms: 2Garage: 1Energy efficiency: DInternationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
Charming 1950s villa, retaining its original design, with staircase, floor and window frames typical of the period, which gives it enormous potential for extension or reconstruction. It sits on a plot of 230 m2 and develops over three floors, witheast-west sun exposure. On the first floor there is a bedroom, a guest bathroom and a closed garage for one car, as well as a covered area of 100 m2. On the second floor, in the social area, you'll find the kitchen and living room, both with generous areas and plenty of natural light. The top floor has three bedrooms with generous areas and a bathroom. Outside there is a very large terrace with a connection to the garden of 60 m2, with the possibility of opening onto the house and/or garage on both fronts. The property is situated in a private area with excellent access on one of the best-known streets in the parish of Aldoar. Close to the City Park, international schools, with services and shops within walking distance. CHARACTERISTICS:Plot Area: 230 m2 | 2 476 sq ftDeployment Area: 114 m2 | 1 227 sq ftBuilding Area: 285 m2 | 3 068 sq ftBedrooms: 4Bathrooms: 2Garage: 1Energy efficiency: DInternationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Currency Exchange
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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,698 | £17,127 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,127 |
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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,698 | £17,127 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,127 |
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 £17,127 more.
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