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Excellent Investment Opportunity! Urban Plot in Graça with approved Project by the town hall for a Building with 3 Apartments We present a 64 m² plot of land located in the picturesque Graça neighborhood in Lisbon
Lisboa, Lisboa, Portugal
REF: 946003
€270,975
Description
Excellent Investment Opportunity! Urban Plot in Graça with approved Project by the town hall for a Building with 3 Apartments We present a 64 m² plot of land located in the picturesque Graça neighborhood in Lisbon. This lot is the result of the demolition of a previous building that existed there and has a project for the construction of a three-story building and attic, comprising three apartments: • Ground floor: 1-bedroom apartment with 64 m² and an 8 m² patio. • First floor: 1-bedroom apartment with 55.5 m². • Second floor and attic (duplex): 2-bedroom apartment with 76.7 m². All floors offer stunning views of the National Pantheon and the Tagus River, ensuring excellent sun exposure. In addition to the current project, there is the possibility of adapting the space for a single-family home, according to needs. Architecture and Specialities projects approved by the Lisbon Town hall. Surroundings and Facilities Graça is known for its traditional atmosphere and offers a wide range of services and amenities: • Local Commerce: The neighborhood maintains a strong presence of traditional commerce, including cafés, fruit shops and shops that preserve the soul of the local community. • Restaurants: The area is rich in gastronomic options, from traditional pastry shops to contemporary restaurants, providing a diverse culinary experience. • Transport: The iconic Tram 28 line passes through Graça, providing easy access to several points of interest in Lisbon. • Points of Interest: Nearby are the Miradouro da Senhora do Monte, offering panoramic views of the city, and the Jardim da Cerca da Graça, one of the largest green spaces in the historic area. Proximity to Santa Apolónia and Feira da Ladra This property also benefits from its proximity to iconic locations: • Santa Apolónia Station: Lisbon’s main train station, offering national and international connections, as well as access to the blue metro line, facilitating mobility within the city. • Feira da Ladra: Historic street market held on Tuesdays and Saturdays in Campo de Santa Clara, where you can find a variety of items, from antiques to local crafts. This land represents a unique investment opportunity in one of Lisbon’s most iconic neighborhoods, combining tradition, privileged views and a peaceful environment. The proximity to cultural points of interest and excellent public transport links reinforce the potential of this property. #ref: 133666
Excellent Investment Opportunity! Urban Plot in Graça with approved Project by the town hall for a Building with 3 Apartments We present a 64 m² plot of land located in the picturesque Graça neighborhood in Lisbon. This lot is the result of the demolition of a previous building that existed there and has a project for the construction of a three-story building and attic, comprising three apartments: • Ground floor: 1-bedroom apartment with 64 m² and an 8 m² patio. • First floor: 1-bedroom apartment with 55.5 m². • Second floor and attic (duplex): 2-bedroom apartment with 76.7 m². All floors offer stunning views of the National Pantheon and the Tagus River, ensuring excellent sun exposure. In addition to the current project, there is the possibility of adapting the space for a single-family home, according to needs. Architecture and Specialities projects approved by the Lisbon Town hall. Surroundings and Facilities Graça is known for its traditional atmosphere and offers a wide range of services and amenities: • Local Commerce: The neighborhood maintains a strong presence of traditional commerce, including cafés, fruit shops and shops that preserve the soul of the local community. • Restaurants: The area is rich in gastronomic options, from traditional pastry shops to contemporary restaurants, providing a diverse culinary experience. • Transport: The iconic Tram 28 line passes through Graça, providing easy access to several points of interest in Lisbon. • Points of Interest: Nearby are the Miradouro da Senhora do Monte, offering panoramic views of the city, and the Jardim da Cerca da Graça, one of the largest green spaces in the historic area. Proximity to Santa Apolónia and Feira da Ladra This property also benefits from its proximity to iconic locations: • Santa Apolónia Station: Lisbon’s main train station, offering national and international connections, as well as access to the blue metro line, facilitating mobility within the city. • Feira da Ladra: Historic street market held on Tuesdays and Saturdays in Campo de Santa Clara, where you can find a variety of items, from antiques to local crafts. This land represents a unique investment opportunity in one of Lisbon’s most iconic neighborhoods, combining tradition, privileged views and a peaceful environment. The proximity to cultural points of interest and excellent public transport links reinforce the potential of this property. #ref: 133666
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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 €270,975 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 |
|---|---|---|---|
| €270,975 | £223,256 | £235,231 | £11,974 |
| Property Price € | €270,975 |
| Minimum cost in the last six months | £223,256 |
| Maximum cost in the last six months | £235,231 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,974 |
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 €270,975 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 |
|---|---|---|---|
| €270,975 | £223,256 | £235,231 | £11,974 |
| Property Price € | €270,975 |
| Minimum cost in the last six months | £223,256 |
| Maximum cost in the last six months | £235,231 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,974 |
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 £11,974 more.
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