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Investment Opportunity: Land in Campanhã with Approved PIP This plot of land located on Rua de Avelino Ribeiro, and Rua Manuel Alves - in Gaveto, Campanhã (Contumil) has an approved PIP for the construction of a building with 40 units, ranging from 1 to 3 bedrooms, distributed over a basement and 4
Porto, Porto, Portugal
REF: 943519
€2,200,000
Description
Investment Opportunity: Land in Campanhã with Approved PIP This plot of land located on Rua de Avelino Ribeiro, and Rua Manuel Alves - in Gaveto, Campanhã (Contumil) has an approved PIP for the construction of a building with 40 units, ranging from 1 to 3 bedrooms, distributed over a basement and 4 floors. Privileged location and excellent accessibility and visibility Land Characteristics Approved by the PIP : Total area: 2,087 m² Deployment area: 1,042 m² and deployment volume 14,410 m2 Approved construction area: 4,912 m² Building area: 3,935 m2 No. of floors below threshold level: 01 No. of floors above threshold : 04 Ceiling height : 13.17 metres No. of dwellings : 40 Ready for deeds. Nearby points of interest: Contumil Metro Station 100 metres away Nasoni Metro Station 250 m away Dragão Stadium 5 minutes away Close to Alameda Shopping, supermarkets and other services Campanhã Inter-modal (buses and trains) just a few minutes away. Take advantage of this opportunity to invest in a booming location. Contact me for more information! #ref: 136893
Investment Opportunity: Land in Campanhã with Approved PIP This plot of land located on Rua de Avelino Ribeiro, and Rua Manuel Alves - in Gaveto, Campanhã (Contumil) has an approved PIP for the construction of a building with 40 units, ranging from 1 to 3 bedrooms, distributed over a basement and 4 floors. Privileged location and excellent accessibility and visibility Land Characteristics Approved by the PIP : Total area: 2,087 m² Deployment area: 1,042 m² and deployment volume 14,410 m2 Approved construction area: 4,912 m² Building area: 3,935 m2 No. of floors below threshold level: 01 No. of floors above threshold : 04 Ceiling height : 13.17 metres No. of dwellings : 40 Ready for deeds. Nearby points of interest: Contumil Metro Station 100 metres away Nasoni Metro Station 250 m away Dragão Stadium 5 minutes away Close to Alameda Shopping, supermarkets and other services Campanhã Inter-modal (buses and trains) just a few minutes away. Take advantage of this opportunity to invest in a booming location. Contact me for more information! #ref: 136893
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Currency Exchange
Porto, Porto, 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 €2,200,000 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 |
|---|---|---|---|
| €2,200,000 | £1,812,580 | £1,861,398 | £48,818 |
| Property Price € | €2,200,000 |
| Minimum cost in the last six months | £1,812,580 |
| Maximum cost in the last six months | £1,861,398 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £48,818 |
Porto, Porto, 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 €2,200,000 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 |
|---|---|---|---|
| €2,200,000 | £1,812,580 | £1,861,398 | £48,818 |
| Property Price € | €2,200,000 |
| Minimum cost in the last six months | £1,812,580 |
| Maximum cost in the last six months | £1,861,398 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £48,818 |
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 £48,818 more.
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