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Charming Country Property: Your Renovation Gem near Penacova
Penacova, Coimbra, Portugal
REF: 930330
€55,000
Description
Charming Country Property: Your Renovation Gem near Penacova. Nestled just 2 kilometers from the heart of Penacova, this promising property offers an exceptional opportunity for those seeking a picturesque Portuguese retreat with incredible potential. The location boasts proximity to the renowned Reconquinho River beach, celebrated as one of Portugal's most beautiful riverside spots, and provides convenient access to the historic UNESCO World Heritage city of Coimbra, just a 25-minute drive away. Property Highlights: Spacious terraced garden with established fruit trees Panoramic valley views overlooking Penacova Two independent outbuildings with versatile potential Flexible parking opportunities at the rear of the property Charming side courtyard with potential for roof terraces Property Layout: Ground Floor: Welcoming entrance hall (2.8m x 1.3m) Characterful fitted kitchen (3.1m x 2.9m) featuring an original fireplace Bright lounge (5.6m x 3.1m) with patio doors leading to a small balcony Adaptable office/potential dining area (2.7m x 2m) Fully fitted bathroom (2.2m x 1.85m) First Floor: Bedroom 1: Spacious and inviting (5.5m x 2.4m) Bedroom 2: Comfortable secondary bedroom (4m x 2.6m) Additional Features: Wooden floorboards throughout Well-maintained roof in excellent condition Mains connections: drainage, water, electricity High-speed fibre internet access Basement/former wine cellar (4.9m x 4.9m) with separate street access Potential for conversion into additional living space Option to connect internally via new staircase Versatile for home office, studio, or guest accommodation Location Advantages: Proximity to Coimbra (25 minutes) Public transport readily available International Airport within 1 hour 25 minutes Ideal for those seeking a countryside lifestyle with urban conveniences This property represents a fantastic opportunity for buyers looking to create their dream home in a stunning Portuguese setting, with ample scope for personalization and renovation. #ref: 134889
Charming Country Property: Your Renovation Gem near Penacova. Nestled just 2 kilometers from the heart of Penacova, this promising property offers an exceptional opportunity for those seeking a picturesque Portuguese retreat with incredible potential. The location boasts proximity to the renowned Reconquinho River beach, celebrated as one of Portugal's most beautiful riverside spots, and provides convenient access to the historic UNESCO World Heritage city of Coimbra, just a 25-minute drive away. Property Highlights: Spacious terraced garden with established fruit trees Panoramic valley views overlooking Penacova Two independent outbuildings with versatile potential Flexible parking opportunities at the rear of the property Charming side courtyard with potential for roof terraces Property Layout: Ground Floor: Welcoming entrance hall (2.8m x 1.3m) Characterful fitted kitchen (3.1m x 2.9m) featuring an original fireplace Bright lounge (5.6m x 3.1m) with patio doors leading to a small balcony Adaptable office/potential dining area (2.7m x 2m) Fully fitted bathroom (2.2m x 1.85m) First Floor: Bedroom 1: Spacious and inviting (5.5m x 2.4m) Bedroom 2: Comfortable secondary bedroom (4m x 2.6m) Additional Features: Wooden floorboards throughout Well-maintained roof in excellent condition Mains connections: drainage, water, electricity High-speed fibre internet access Basement/former wine cellar (4.9m x 4.9m) with separate street access Potential for conversion into additional living space Option to connect internally via new staircase Versatile for home office, studio, or guest accommodation Location Advantages: Proximity to Coimbra (25 minutes) Public transport readily available International Airport within 1 hour 25 minutes Ideal for those seeking a countryside lifestyle with urban conveniences This property represents a fantastic opportunity for buyers looking to create their dream home in a stunning Portuguese setting, with ample scope for personalization and renovation. #ref: 134889
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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 | £46,535 | £1,220 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £45,315 |
| Maximum cost in the last six months | £46,535 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,220 |
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 | £46,535 | £1,220 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £45,315 |
| Maximum cost in the last six months | £46,535 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,220 |
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 £1,220 more.
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