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Located just a few minutes away from the heart of Sintra, this 260 square meter office building offers convenience and opportunity
Sintra, Lisboa, Portugal
REF: 890063
€259,000
Description
Located just a few minutes away from the heart of Sintra, this 260 square meter office building offers convenience and opportunity. Divided into 7 well-lit rooms with large windows, this ground-floor unit provides an ideal space for various concepts. Previously functioning as an office, it also includes a kitchen, making it adaptable for various uses. For those seeking investment potential, the building has exciting prospects for renovation. It may be possible to transform (with local approval) the office into two spacious apartments or condominiums, increasing potential for return on investment. Additionally, data from a positive feasibility report confirms that there is enough local demand to support the creation of a supermarket, making it a prime location for businesses aiming to serve the local community. This property is further supported by nearby amenities including restaurants, pharmacies, the Ouressa sports complex, a park just down the street, schools, offering convenience for both office tenants or future residents. This unique property combines location, versatility, and investment potential, steps away from the historic town of Sintra. #ref: 128044
Located just a few minutes away from the heart of Sintra, this 260 square meter office building offers convenience and opportunity. Divided into 7 well-lit rooms with large windows, this ground-floor unit provides an ideal space for various concepts. Previously functioning as an office, it also includes a kitchen, making it adaptable for various uses. For those seeking investment potential, the building has exciting prospects for renovation. It may be possible to transform (with local approval) the office into two spacious apartments or condominiums, increasing potential for return on investment. Additionally, data from a positive feasibility report confirms that there is enough local demand to support the creation of a supermarket, making it a prime location for businesses aiming to serve the local community. This property is further supported by nearby amenities including restaurants, pharmacies, the Ouressa sports complex, a park just down the street, schools, offering convenience for both office tenants or future residents. This unique property combines location, versatility, and investment potential, steps away from the historic town of Sintra. #ref: 128044
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Currency Exchange
Sintra, Lisboa, 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 €259,000 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 |
|---|---|---|---|
| €259,000 | £214,532 | £222,598 | £8,065 |
| Property Price € | €259,000 |
| Minimum cost in the last six months | £214,532 |
| Maximum cost in the last six months | £222,598 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,065 |
Sintra, Lisboa, 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 €259,000 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 |
|---|---|---|---|
| €259,000 | £214,532 | £222,598 | £8,065 |
| Property Price € | €259,000 |
| Minimum cost in the last six months | £214,532 |
| Maximum cost in the last six months | £222,598 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,065 |
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 £8,065 more.
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