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2 Bedroom flat with 97sqm and outdoor area of 29sqm, inserted in a residential building with a markedly contemporary language, in front of the church of Bonfim, in Porto
Bonfim, Porto, Portugal
REF: 892479
€340,000
Description
2 Bedroom flat with 97sqm and outdoor area of 29sqm, inserted in a residential building with a markedly contemporary language, in front of the church of Bonfim, in Porto. Bonfim is the trendy neighbourhood of Porto, in the surroundings of Baixa: a residential area of excellence in profound transformation with local shops and restaurants, much sought after by young people and due to its location, transport network and the artistic influence of the School of Belas Artes and Soares dos Reis School. The project, designed by Architect Adriana Floret, includes 38 dwellings (T0, T1, T2 and T3), distributed by 6 floors. The apartments, with large balconies, combine design, comfort and functionality, catering to an audience that prefers to live in the surroundings of downtown Porto. The building has parking spaces and storage rooms, spread over two basements. A 10-minute walk away is the Campo 24 de Agosto metro station and the new Campanhã Intermodal Terminal (metro, train and express network). On Rua do Bonfim there are numerous buses that end their march at the Bolhão. For over 25 years Castelhana has been a renowned name in the Portuguese real estate sector. As a company of Dils group, we specialize in advising businesses, organizations and (institutional) investors in buying, selling, renting, letting and development of residential properties. Founded in 1999, Castelhana has built one of the largest and most solid real estate portfolios in Portugal over the years, with over 600 renovation and new construction projects. In Porto, we are based in Foz Do Douro, one of the noblest places in the city. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital and in the Algarve next to the renowned Vilamoura Marina. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
2 Bedroom flat with 97sqm and outdoor area of 29sqm, inserted in a residential building with a markedly contemporary language, in front of the church of Bonfim, in Porto. Bonfim is the trendy neighbourhood of Porto, in the surroundings of Baixa: a residential area of excellence in profound transformation with local shops and restaurants, much sought after by young people and due to its location, transport network and the artistic influence of the School of Belas Artes and Soares dos Reis School. The project, designed by Architect Adriana Floret, includes 38 dwellings (T0, T1, T2 and T3), distributed by 6 floors. The apartments, with large balconies, combine design, comfort and functionality, catering to an audience that prefers to live in the surroundings of downtown Porto. The building has parking spaces and storage rooms, spread over two basements. A 10-minute walk away is the Campo 24 de Agosto metro station and the new Campanhã Intermodal Terminal (metro, train and express network). On Rua do Bonfim there are numerous buses that end their march at the Bolhão. For over 25 years Castelhana has been a renowned name in the Portuguese real estate sector. As a company of Dils group, we specialize in advising businesses, organizations and (institutional) investors in buying, selling, renting, letting and development of residential properties. Founded in 1999, Castelhana has built one of the largest and most solid real estate portfolios in Portugal over the years, with over 600 renovation and new construction projects. In Porto, we are based in Foz Do Douro, one of the noblest places in the city. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital and in the Algarve next to the renowned Vilamoura Marina. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
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Currency Exchange
Bonfim, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £281,625 | £292,213 | £10,588 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £281,625 |
| Maximum cost in the last six months | £292,213 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,588 |
Bonfim, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £281,625 | £292,213 | £10,588 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £281,625 |
| Maximum cost in the last six months | £292,213 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,588 |
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 £10,588 more.
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