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Traditional Village House Awaiting Transformation With Stunning Mondego River Vistas
Penacova, Coimbra, Portugal
REF: 915787
€55,000
Description
Traditional Village House Awaiting Transformation With Stunning Mondego River Vistas. Nestled in the picturesque village surrounding Penacova, this charming property offers a perfect blend of rustic character and potential, strategically located just 20 kilometers from the UNESCO World Heritage city of Coimbra and within easy reach of Porto's international airport. First Impressions: Don't be deceived by the unassuming exterior. Upon entering through private gates, you'll discover a delightful internal courtyard spanning 6.6m x 4.9m, hinting at the property's hidden treasures. Ground Floor: The ground level boasts three distinctive stone-built storage rooms, including a characterful former wine cellar. A particularly impressive large storage room (5.6m x 2.8m) offers exceptional potential. With a remarkable height exceeding 4 meters and a natural light window, this space is ripe for transformation – ideal for creating a home office, artist's studio, workshop, or additional living accommodation. First Floor: A glazed terrace overlooks the charming internal courtyard Rustic kitchen/diner (4.3m x 4.2m) featuring an original oven and additional storage area Cozy lounge (4.2m x 3m) with a private balcony Flexible bedroom layout: Interconnected bedroom (2.5m x 2.2m) adjacent to the lounge, offering potential for easy room expansion Separate bedroom (3.2m x 2.9m) Spacious main bedroom (4.9m x 3.7m), currently divided into two rooms Comfortable bathroom (1.9m x 1.7m) with bath/shower facilities Roof Terrace: The property's crowning glory is its spectacular roof terrace, offering breathtaking panoramic views of Penacova and the meandering Mondego river. Designed to maximize sunlight, the terrace comprises: Initial terrace: 8m x 6.2m Upper terrace: 5m x 3m Enjoy uninterrupted sunshine and stunning vistas throughout the day. Additional Features: Main roof renewed just 5 years ago Fully connected water and electricity utilities Functional septic tank with convenient side access Investment Potential: This property represents an exciting opportunity for those seeking a characterful home with versatile living spaces and remarkable views. Whether you're looking for a permanent residence, holiday home, or renovation project, this Penacova gem offers endless possibilities. Location Highlights: 20 km from historic Coimbra Approximately 90 minutes from Porto International Airport #ref: 131930
Traditional Village House Awaiting Transformation With Stunning Mondego River Vistas. Nestled in the picturesque village surrounding Penacova, this charming property offers a perfect blend of rustic character and potential, strategically located just 20 kilometers from the UNESCO World Heritage city of Coimbra and within easy reach of Porto's international airport. First Impressions: Don't be deceived by the unassuming exterior. Upon entering through private gates, you'll discover a delightful internal courtyard spanning 6.6m x 4.9m, hinting at the property's hidden treasures. Ground Floor: The ground level boasts three distinctive stone-built storage rooms, including a characterful former wine cellar. A particularly impressive large storage room (5.6m x 2.8m) offers exceptional potential. With a remarkable height exceeding 4 meters and a natural light window, this space is ripe for transformation – ideal for creating a home office, artist's studio, workshop, or additional living accommodation. First Floor: A glazed terrace overlooks the charming internal courtyard Rustic kitchen/diner (4.3m x 4.2m) featuring an original oven and additional storage area Cozy lounge (4.2m x 3m) with a private balcony Flexible bedroom layout: Interconnected bedroom (2.5m x 2.2m) adjacent to the lounge, offering potential for easy room expansion Separate bedroom (3.2m x 2.9m) Spacious main bedroom (4.9m x 3.7m), currently divided into two rooms Comfortable bathroom (1.9m x 1.7m) with bath/shower facilities Roof Terrace: The property's crowning glory is its spectacular roof terrace, offering breathtaking panoramic views of Penacova and the meandering Mondego river. Designed to maximize sunlight, the terrace comprises: Initial terrace: 8m x 6.2m Upper terrace: 5m x 3m Enjoy uninterrupted sunshine and stunning vistas throughout the day. Additional Features: Main roof renewed just 5 years ago Fully connected water and electricity utilities Functional septic tank with convenient side access Investment Potential: This property represents an exciting opportunity for those seeking a characterful home with versatile living spaces and remarkable views. Whether you're looking for a permanent residence, holiday home, or renovation project, this Penacova gem offers endless possibilities. Location Highlights: 20 km from historic Coimbra Approximately 90 minutes from Porto International Airport #ref: 131930
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Currency Exchange
Penacova, Coimbra, 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 €55,000 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 |
|---|---|---|---|
| €55,000 | £45,315 | £47,270 | £1,955 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £45,315 |
| Maximum cost in the last six months | £47,270 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,955 |
Penacova, Coimbra, 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 €55,000 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 |
|---|---|---|---|
| €55,000 | £45,315 | £47,270 | £1,955 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £45,315 |
| Maximum cost in the last six months | £47,270 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,955 |
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 £1,955 more.
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