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Spacious T3 Apartment in Arroios, Lisbon Location: Rua Carlos Mardel, adjacent to Mercado de Arroios This generously sized T3 apartment offers a unique opportunity for those looking to design their ideal living space or invest in a property with significant potential
Lisboa, Lisboa, Portugal
REF: 940669
€420,000
Description
Spacious T3 Apartment in Arroios, Lisbon Location: Rua Carlos Mardel, adjacent to Mercado de Arroios This generously sized T3 apartment offers a unique opportunity for those looking to design their ideal living space or invest in a property with significant potential. Situated in the vibrant Arroios neighborhood, the apartment is adjacent to the renowned Mercado de Arroios, providing a lively and convenient locale. Key Features: - Spacious Layout: The 90 m² area plus a closed veranda provides ample space for customization and renovation. - Prime Location: Proximity to Mercado de Arroios and easy access to public transportation, shops, and cultural attractions. - Investment Potential: Ideal for buyers looking to renovate for personal use or to flip for profit in a sought-after area. - Orientation: The rooms face east onto Rua Carlos Mardel, while the veranda, kitchen, and living room face west for optimal natural light. Additional Information: - Condition: Requires renovation, offering a blank canvas for personalization. - Accessibility: Located on the 2nd floor; please note there is no elevator in the building. This property represents a compelling opportunity to create a personalized living environment or to undertake a profitable renovation project in one of Lisbon's most dynamic neighborhoods. Important Information: I speak French, Portuguese, and English. I share my 50%-50% commission with all agencies. Through digital channels, I ensure close monitoring of all my clients. I am 100% available by phone or email to provide you with additional information about this property or to schedule a physical or online visit. IAD is a digital real estate agency built on professionalism and transparency, working in partnership with all agencies holding an AMI number. As an independent real estate consultant, I have the flexibility to manage my schedule, allowing me to get to know you and provide personalized support at all stages of your project. You can reach me in Portuguese, French, or English. #ref: 136032
Spacious T3 Apartment in Arroios, Lisbon Location: Rua Carlos Mardel, adjacent to Mercado de Arroios This generously sized T3 apartment offers a unique opportunity for those looking to design their ideal living space or invest in a property with significant potential. Situated in the vibrant Arroios neighborhood, the apartment is adjacent to the renowned Mercado de Arroios, providing a lively and convenient locale. Key Features: - Spacious Layout: The 90 m² area plus a closed veranda provides ample space for customization and renovation. - Prime Location: Proximity to Mercado de Arroios and easy access to public transportation, shops, and cultural attractions. - Investment Potential: Ideal for buyers looking to renovate for personal use or to flip for profit in a sought-after area. - Orientation: The rooms face east onto Rua Carlos Mardel, while the veranda, kitchen, and living room face west for optimal natural light. Additional Information: - Condition: Requires renovation, offering a blank canvas for personalization. - Accessibility: Located on the 2nd floor; please note there is no elevator in the building. This property represents a compelling opportunity to create a personalized living environment or to undertake a profitable renovation project in one of Lisbon's most dynamic neighborhoods. Important Information: I speak French, Portuguese, and English. I share my 50%-50% commission with all agencies. Through digital channels, I ensure close monitoring of all my clients. I am 100% available by phone or email to provide you with additional information about this property or to schedule a physical or online visit. IAD is a digital real estate agency built on professionalism and transparency, working in partnership with all agencies holding an AMI number. As an independent real estate consultant, I have the flexibility to manage my schedule, allowing me to get to know you and provide personalized support at all stages of your project. You can reach me in Portuguese, French, or English. #ref: 136032
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Currency Exchange
Lisboa, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £346,038 | £355,358 | £9,320 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £346,038 |
| Maximum cost in the last six months | £355,358 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,320 |
Lisboa, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £346,038 | £355,358 | £9,320 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £346,038 |
| Maximum cost in the last six months | £355,358 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,320 |
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 £9,320 more.
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