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Commercial space near Praça do Marquês Porto Investment opportunity ! We present a commercial shop located on Rua João Oliveira Ramos, a few steps from the Marquês metro station (yellow line)
Porto, Porto, Portugal
REF: 894654
€230,000
Description
Commercial space near Praça do Marquês Porto Investment opportunity ! We present a commercial shop located on Rua João Oliveira Ramos, a few steps from the Marquês metro station (yellow line). This central area has a high flow of people, many students due to the proximity of colleges, ideal for business and/or services. The possibilities are many, both in the commercial area and in the services area, whether for a shop, office or several rooms in a co-working regime, possibility of renting several small spaces for self-storage, training centre, music school, doctors' surgeries, analysis laboratory, architectural/engineering offices, accounting offices or insurance brokers. Main features of the property: Distribution over 2 floors: ground floor and basement. 5.50m shop window. Depth of 14.00m. Ground floor ceiling height of 3.40 metres. Natural light. Air conditioning and ventilation. Sanitary facilities. In addition to indoor storage, there are two outdoor storage rooms. Renovated in 2017. History: The space once functioned as an architectural office. Location advantages: Central location with commercial activity. Close to public transport. Public car park at the door and possibility of parking in the condominium during office hours. This shop is a viable option for those looking for commercial space in a strategic location. Contact us for more information and to book your visit. #ref: 127325
Commercial space near Praça do Marquês Porto Investment opportunity ! We present a commercial shop located on Rua João Oliveira Ramos, a few steps from the Marquês metro station (yellow line). This central area has a high flow of people, many students due to the proximity of colleges, ideal for business and/or services. The possibilities are many, both in the commercial area and in the services area, whether for a shop, office or several rooms in a co-working regime, possibility of renting several small spaces for self-storage, training centre, music school, doctors' surgeries, analysis laboratory, architectural/engineering offices, accounting offices or insurance brokers. Main features of the property: Distribution over 2 floors: ground floor and basement. 5.50m shop window. Depth of 14.00m. Ground floor ceiling height of 3.40 metres. Natural light. Air conditioning and ventilation. Sanitary facilities. In addition to indoor storage, there are two outdoor storage rooms. Renovated in 2017. History: The space once functioned as an architectural office. Location advantages: Central location with commercial activity. Close to public transport. Public car park at the door and possibility of parking in the condominium during office hours. This shop is a viable option for those looking for commercial space in a strategic location. Contact us for more information and to book your visit. #ref: 127325
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Currency Exchange
Porto, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £189,497 | £197,674 | £8,177 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £189,497 |
| Maximum cost in the last six months | £197,674 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,177 |
Porto, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £189,497 | £197,674 | £8,177 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £189,497 |
| Maximum cost in the last six months | £197,674 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,177 |
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 £8,177 more.
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