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Tercena Park LOT 2, is an excellent investment and profitability opportunity, for small or medium-sized construction companies, willing to invest in a quiet location, with great access and very well located in the city of Lisbon! Tercena Park LOT 2, innovative residential located in the historic vi
Oeiras, Lisboa, Portugal
REF: 908701
€1,786,000
Description
Tercena Park LOT 2, is an excellent investment and profitability opportunity, for small or medium-sized construction companies, willing to invest in a quiet location, with great access and very well located in the city of Lisbon! Tercena Park LOT 2, innovative residential located in the historic village of Tercena, Oeiras, consisting of 100 apartments spread over seven lots. - The development stands out for its modern architecture, large terraces and balconies, and for its central location with excellent accessibility, ideal for young people and middle-class families. PROJECT PRESENTATION - Location: Tercena Park LOTE 2 is located in a quiet, residential area, just a few minutes from Oeiras Golf and the Tagus Park and Lagoas Park business complexes. - With direct connection to CREL, IC-19 and the Lisbon-Sintra train line, the project offers easy access to Lisbon and Sintra. - CONTEXT AND OPPORTUNITY: With high demand and a shortage of housing supply in the region, Tercena Park LOTE 2 meets the need for modern and affordable apartments, reinforcing the housing supply for the middle class in Osasco. PROJECT CHARACTERISTICS The project was carefully planned to provide quality of life and convenience: - Architecture and Design: Apartments with spacious balconies and terraces, designed around a central park, which promotes interaction between residents and a family atmosphere. - Security and Accessibility: Great access to main roads and security. - Infrastructure and Local Commerce: Close to a shopping mall with Pingo Doce, Ginásio Solinca and Mercado Municipal, as well as several local shopping options. - Private Parking: All types include parking spaces. - Playful Space and Green Areas: An urban park in the center of the lots provides an environment for leisure and coexistence. AVAILABILITY AND INVESTMENT - Lots with Licenses and Infrastructure: All seven lots have construction permits issued and infrastructure completed by Oeiras City Hall, ready for immediate start of works. - Lots available for sale: Lots 1, 2 and 6 are for sale and are highly viable for medium and small construction companies. Lot 2, for example, has a gross construction area of 2608 m² and is available for € 1,786,000. - Attractive Investment: The lots already sold (3, 4, 5 and 7) have sales prices between € 4,000/m² and € 4,500/m², with more than 50% of the units reserved on the plan. Tercena Park LOT 2 is an excellent investment opportunity in an expanding residential area, offering a modern and accessible environment in a strategic location. #ref: 129924
Tercena Park LOT 2, is an excellent investment and profitability opportunity, for small or medium-sized construction companies, willing to invest in a quiet location, with great access and very well located in the city of Lisbon! Tercena Park LOT 2, innovative residential located in the historic village of Tercena, Oeiras, consisting of 100 apartments spread over seven lots. - The development stands out for its modern architecture, large terraces and balconies, and for its central location with excellent accessibility, ideal for young people and middle-class families. PROJECT PRESENTATION - Location: Tercena Park LOTE 2 is located in a quiet, residential area, just a few minutes from Oeiras Golf and the Tagus Park and Lagoas Park business complexes. - With direct connection to CREL, IC-19 and the Lisbon-Sintra train line, the project offers easy access to Lisbon and Sintra. - CONTEXT AND OPPORTUNITY: With high demand and a shortage of housing supply in the region, Tercena Park LOTE 2 meets the need for modern and affordable apartments, reinforcing the housing supply for the middle class in Osasco. PROJECT CHARACTERISTICS The project was carefully planned to provide quality of life and convenience: - Architecture and Design: Apartments with spacious balconies and terraces, designed around a central park, which promotes interaction between residents and a family atmosphere. - Security and Accessibility: Great access to main roads and security. - Infrastructure and Local Commerce: Close to a shopping mall with Pingo Doce, Ginásio Solinca and Mercado Municipal, as well as several local shopping options. - Private Parking: All types include parking spaces. - Playful Space and Green Areas: An urban park in the center of the lots provides an environment for leisure and coexistence. AVAILABILITY AND INVESTMENT - Lots with Licenses and Infrastructure: All seven lots have construction permits issued and infrastructure completed by Oeiras City Hall, ready for immediate start of works. - Lots available for sale: Lots 1, 2 and 6 are for sale and are highly viable for medium and small construction companies. Lot 2, for example, has a gross construction area of 2608 m² and is available for € 1,786,000. - Attractive Investment: The lots already sold (3, 4, 5 and 7) have sales prices between € 4,000/m² and € 4,500/m², with more than 50% of the units reserved on the plan. Tercena Park LOT 2 is an excellent investment opportunity in an expanding residential area, offering a modern and accessible environment in a strategic location. #ref: 129924
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Currency Exchange
Oeiras, 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 €1,786,000 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 |
|---|---|---|---|
| €1,786,000 | £1,479,362 | £1,534,978 | £55,616 |
| Property Price € | €1,786,000 |
| Minimum cost in the last six months | £1,479,362 |
| Maximum cost in the last six months | £1,534,978 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £55,616 |
Oeiras, 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 €1,786,000 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 |
|---|---|---|---|
| €1,786,000 | £1,479,362 | £1,534,978 | £55,616 |
| Property Price € | €1,786,000 |
| Minimum cost in the last six months | £1,479,362 |
| Maximum cost in the last six months | £1,534,978 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £55,616 |
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 £55,616 more.
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