Fantastic business opportunity! Guaranteed profitability

Braga, Braga, Portugal

For Sale

€185,000

REF: 907557 €185,000


3

1

112 m2

Description

Fantastic business opportunity! Guaranteed profitability. At the moment the apartment is legally rented. The photos were taken before the rental so small aesthetic improvements have already been made. 3 bedroom apartment on a 3rd floor located in Braga, in the old parish of Maximinos. This apartment is part of a building built between 1993 and 1995.

Although it is already some age, it is still part of those well-located properties, with excellent sun exposure, B energy rating, aluminum windows, double glazing and traditional shutters. It does not have central heating, but the traditional fireplace is enough for colder days. As can be seen in the photographs of this ad, we have a garden at the entrance of the building and on its periphery various types of businesses that daily favor not only the place but the daily life of those who live in the area.

Right at the entrance of this building we have the aforementioned garden. We ring the bell where a conventional intercom is answered, opening from the apartment. A small elevator, but with capacity for four people, is responsible for getting us to the third floor where the property itself is located.

Inside it we find a nice entrance hall that allows us to perceive the other rooms from there, here we soon see a wardrobe for storage, fantastic to support the whole house. Right in front we will find the living room, this common space with nice areas where we cannot fail to highlight the traditional fireplace (wood), something rare in apartments which reminds us of ancient times and even a balcony, facing the garden and common to another room and you ask, which one?! Kitchen.

Speaking of this one, we have enough space to enjoy family meals, semi-equipped with appliances that are not recent, but guarantee to be functional. The heating of the sanitary water is done by a water heater powered by natural gas, this one piped. It is recalled that at the time of construction it was not yet a daily practice to use this type of fuel, so the apartment, after construction, had to be adapted to this method.

The bathroom of modest dimensions, accommodates a bathtub and the rest of the sanitary ware and it is this that will support the entire house. For rest, we have three bedrooms, enough for a double bed, one of which is a suite with a small functional bathroom. Built-in wardrobes of the time in all bedrooms, with an additional wardrobe in the entrance hall that will serve as support for everything that is needed.

In summary: •Energy Rating B- •2 Bedrooms with balcony •1 Suite with balcony •1 Common toilet •Built-in wardrobes •Kitchen with balcony, semi equipped. •Living room with traditional fireplace and balcony •Garage •Elevator from the garage to the 3rd floor •Empty apartment, unfurnished. IMPORTANT NOTE, READ TO THE END: This property does not have dampness from use.

We mention that we can see small stains in the photos, since it was rented and they are only sticker marks among others affixed to the walls. Traces of humidity can be noticed in the kitchen coming from an incident in the upper trimming, however it has already been resolved. This property is rented, so we can say that profitability is guaranteed.

Any questions I will be at your disposal for all the necessary clarifications, in Portuguese, Spanish, English and even French. Transparency above all. IAD Portugal, we don't make customers, but friends. #ref: 130672
Fantastic business opportunity! Guaranteed profitability. At the moment the apartment is legally rented. The photos were taken before the rental so small aesthetic improvements have already been made. 3 bedroom apartment on a 3rd floor located in Braga, in the old parish of Maximinos. This apartment is part of a building built between 1993 and 1995.

Although it is already some age, it is still part of those well-located properties, with excellent sun exposure, B energy rating, aluminum windows, double glazing and traditional shutters. It does not have central heating, but the traditional fireplace is enough for colder days. As can be seen in the photographs of this ad, we have a garden at the entrance of the building and on its periphery various types of businesses that daily favor not only the place but the daily life of those who live in the area.

Right at the entrance of this building we have the aforementioned garden. We ring the bell where a conventional intercom is answered, opening from the apartment. A small elevator, but with capacity for four people, is responsible for getting us to the third floor where the property itself is located.

Inside it we find a nice entrance hall that allows us to perceive the other rooms from there, here we soon see a wardrobe for storage, fantastic to support the whole house. Right in front we will find the living room, this common space with nice areas where we cannot fail to highlight the traditional fireplace (wood), something rare in apartments which reminds us of ancient times and even a balcony, facing the garden and common to another room and you ask, which one?! Kitchen.

Speaking of this one, we have enough space to enjoy family meals, semi-equipped with appliances that are not recent, but guarantee to be functional. The heating of the sanitary water is done by a water heater powered by natural gas, this one piped. It is recalled that at the time of construction it was not yet a daily practice to use this type of fuel, so the apartment, after construction, had to be adapted to this method.

The bathroom of modest dimensions, accommodates a bathtub and the rest of the sanitary ware and it is this that will support the entire house. For rest, we have three bedrooms, enough for a double bed, one of which is a suite with a small functional bathroom. Built-in wardrobes of the time in all bedrooms, with an additional wardrobe in the entrance hall that will serve as support for everything that is needed.

In summary: •Energy Rating B- •2 Bedrooms with balcony •1 Suite with balcony •1 Common toilet •Built-in wardrobes •Kitchen with balcony, semi equipped. •Living room with traditional fireplace and balcony •Garage •Elevator from the garage to the 3rd floor •Empty apartment, unfurnished. IMPORTANT NOTE, READ TO THE END: This property does not have dampness from use.

We mention that we can see small stains in the photos, since it was rented and they are only sticker marks among others affixed to the walls. Traces of humidity can be noticed in the kitchen coming from an incident in the upper trimming, however it has already been resolved. This property is rented, so we can say that profitability is guaranteed.

Any questions I will be at your disposal for all the necessary clarifications, in Portuguese, Spanish, English and even French. Transparency above all. IAD Portugal, we don't make customers, but friends. #ref: 130672
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Property on Map

#130672

Currency Exchange

Braga, Braga, 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 €185,000 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
€185,000 £153,237 £158,998 £5,761
Property Price € €185,000
Minimum cost in the last six months £153,237
Maximum cost in the last six months £158,998
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,761

Braga, Braga, 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 €185,000 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
€185,000 £153,237 £158,998 £5,761
Property Price € €185,000
Minimum cost in the last six months £153,237
Maximum cost in the last six months £158,998
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,761

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 £5,761 more.

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