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PROPERTY FOR INVESTMENT IN SINTRA Business opportunity
Sintra, Lisboa, Portugal
REF: 894686
€498,000
Description
PROPERTY FOR INVESTMENT IN SINTRA Business opportunity. Come and see and take advantage of the new rental regime. 2-storey property completely renovated and prepared for short or long-term rental. This is a property with 8 Apartments/Suites, 4 T1 and 4 T0, completely independent. All units have their own bells, kitchen equipped with stove, dishwasher, water heater, extractor fan and pantries, bathrooms with shower. They also have PVC windows, swing and double glazing, thermal blinds, PVC doors, smart and online electrical panels, their own water lines, false ceilings and external walls with thermal insulation. In the common spaces there is also a room/laundry room prepared to accommodate 2 washing machines and a tank and an area to accommodate 4 industrial gas cylinders with intelligent gas outlets, which means that when the gas in one cylinder runs out, another immediately comes into operation. operation. The entire space has light sensors and is equipped with security cameras for your protection. Located in a quiet area with great potential. If written down it sounds like a good deal, you will no longer have any doubts. Come visit. #ref: 128774
PROPERTY FOR INVESTMENT IN SINTRA Business opportunity. Come and see and take advantage of the new rental regime. 2-storey property completely renovated and prepared for short or long-term rental. This is a property with 8 Apartments/Suites, 4 T1 and 4 T0, completely independent. All units have their own bells, kitchen equipped with stove, dishwasher, water heater, extractor fan and pantries, bathrooms with shower. They also have PVC windows, swing and double glazing, thermal blinds, PVC doors, smart and online electrical panels, their own water lines, false ceilings and external walls with thermal insulation. In the common spaces there is also a room/laundry room prepared to accommodate 2 washing machines and a tank and an area to accommodate 4 industrial gas cylinders with intelligent gas outlets, which means that when the gas in one cylinder runs out, another immediately comes into operation. operation. The entire space has light sensors and is equipped with security cameras for your protection. Located in a quiet area with great potential. If written down it sounds like a good deal, you will no longer have any doubts. Come visit. #ref: 128774
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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 €498,000 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 |
|---|---|---|---|
| €498,000 | £412,498 | £428,006 | £15,508 |
| Property Price € | €498,000 |
| Minimum cost in the last six months | £412,498 |
| Maximum cost in the last six months | £428,006 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,508 |
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 €498,000 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 |
|---|---|---|---|
| €498,000 | £412,498 | £428,006 | £15,508 |
| Property Price € | €498,000 |
| Minimum cost in the last six months | £412,498 |
| Maximum cost in the last six months | £428,006 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,508 |
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 £15,508 more.
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