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Land for Multifamily Construction in Oliveira do Bairro Excellent opportunity for the construction of a building with a basement and 4 floors above ground level, with infrastructure (water, gas, electricity, telecommunications) ideal for investors and property developers
Oliveira do Bairro, Aveiro, Portugal
REF: 888223
€70,000
Description
Land for Multifamily Construction in Oliveira do Bairro Excellent opportunity for the construction of a building with a basement and 4 floors above ground level, with infrastructure (water, gas, electricity, telecommunications) ideal for investors and property developers. The project foresees a minimum of 8 apartments with garage, distributed as follows: Lot Areas: Total area: 360 m² Gross construction area: 1,350 m² Gross dependent area: 270 m² Project Feasibility: Floors 1, 2 and 3: 6 to 8 apartments Ground floor (Ground floor): 2 apartments Floor -1: Parking Privileged Location: Located in Oliveira do Bairro, a city in constant growth and with high demand for real estate. The area stands out for its tranquility and excellent quality of life, offering a wide range of essential services and infrastructure. Nearby, there are schools, supermarkets (Pingo Doce, Intermarché, Lidl), pharmacies, private clinics, health center, municipal library, banks, post office and several educational establishments, both public and private. The location also offers excellent accessibility, with proximity to the main roads, such as the A1, A17 and IC1, in addition to having a train station nearby and an active industrial area. #ref: 121268
Land for Multifamily Construction in Oliveira do Bairro Excellent opportunity for the construction of a building with a basement and 4 floors above ground level, with infrastructure (water, gas, electricity, telecommunications) ideal for investors and property developers. The project foresees a minimum of 8 apartments with garage, distributed as follows: Lot Areas: Total area: 360 m² Gross construction area: 1,350 m² Gross dependent area: 270 m² Project Feasibility: Floors 1, 2 and 3: 6 to 8 apartments Ground floor (Ground floor): 2 apartments Floor -1: Parking Privileged Location: Located in Oliveira do Bairro, a city in constant growth and with high demand for real estate. The area stands out for its tranquility and excellent quality of life, offering a wide range of essential services and infrastructure. Nearby, there are schools, supermarkets (Pingo Doce, Intermarché, Lidl), pharmacies, private clinics, health center, municipal library, banks, post office and several educational establishments, both public and private. The location also offers excellent accessibility, with proximity to the main roads, such as the A1, A17 and IC1, in addition to having a train station nearby and an active industrial area. #ref: 121268
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Currency Exchange
Oliveira do Bairro, Aveiro, 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £57,982 | £60,162 | £2,180 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £57,982 |
| Maximum cost in the last six months | £60,162 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,180 |
Oliveira do Bairro, Aveiro, 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £57,982 | £60,162 | £2,180 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £57,982 |
| Maximum cost in the last six months | £60,162 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,180 |
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 £2,180 more.
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