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Here's what you're looking for! Land with a total area of 3300 square metres, bordering a river, flat and already with permission to build a 2-storey house with an annex/garage
Penela, Coimbra, Portugal
REF: 924239
€70,000
Description
Here's what you're looking for! Land with a total area of 3300 square metres, bordering a river, flat and already with permission to build a 2-storey house with an annex/garage. The great difficulty people face when they're interested in a property by the river is the whole authorisation process, most of which isn't even granted. With this property, that obstacle has been overcome! All the organisations involved have been consulted and we have official approval responses. It's also important to note that the property already has public electricity connected, and water and sanitation are just 2 metres away... easy connection. It has east/west sun exposure, good views, is completely flat and has a crystal-clear river on its banks! 1 km away there is a shopping centre with a supermarket, ATM, petrol stations and a variety of shops. The town of Penela, with its public services, schools and health centre, is just 3 km away, the motorway is 1 km away and the city of Coimbra is 20 km away. Excellent! Come and visit. #ref: 133546
Here's what you're looking for! Land with a total area of 3300 square metres, bordering a river, flat and already with permission to build a 2-storey house with an annex/garage. The great difficulty people face when they're interested in a property by the river is the whole authorisation process, most of which isn't even granted. With this property, that obstacle has been overcome! All the organisations involved have been consulted and we have official approval responses. It's also important to note that the property already has public electricity connected, and water and sanitation are just 2 metres away... easy connection. It has east/west sun exposure, good views, is completely flat and has a crystal-clear river on its banks! 1 km away there is a shopping centre with a supermarket, ATM, petrol stations and a variety of shops. The town of Penela, with its public services, schools and health centre, is just 3 km away, the motorway is 1 km away and the city of Coimbra is 20 km away. Excellent! Come and visit. #ref: 133546
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Currency Exchange
Penela, 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £57,673 | £60,162 | £2,489 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £57,673 |
| Maximum cost in the last six months | £60,162 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,489 |
Penela, 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £57,673 | £60,162 | £2,489 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £57,673 |
| Maximum cost in the last six months | £60,162 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,489 |
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 £2,489 more.
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