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Studio apartment in Montes Burgos, Senhora da Hora, ideal for those seeking a property with an excellent location and rental potential
Matosinhos, Porto, Portugal
REF: 948317
€199,423
Description
Studio apartment in Montes Burgos, Senhora da Hora, ideal for those seeking a property with an excellent location and rental potential. The apartment features a separate bedroom from the social area, offering more privacy and comfort. The bathroom is complete and modern, providing a functional and comfortable environment. Its privileged location allows easy access to essential services and public transport, making it an excellent option for both residence and investment. It also includes a garage, offering practicality and security. The apartment will be ready for deed signing in May, ensuring a fast and hassle-free transaction. Perfect for those looking for a safe and profitable investment, with the added advantage of being in a growing area with high demand. Its versatility and proximity to everything you need make it an excellent choice for those seeking a functional home or a property for rental. Don't miss the opportunity to acquire this apartment at an excellent price and conditions. Make your deal with IAD Portugal/International, where we guide you through the entire process of buying, selling, or renting from the initial stage to the deed signing. All contractual acts, such as signing the CPCV (Promissory Sales Agreement), are carried out in the presence of a lawyer (ensuring all legal aspects of the transaction). Whether you reside in Portugal or abroad and wish to buy or invest in Portugal, we are ready to offer you a personalized service. If you would like to learn more about this property, please do not hesitate to contact us. We will be happy to assist you. #ref: 138164
Studio apartment in Montes Burgos, Senhora da Hora, ideal for those seeking a property with an excellent location and rental potential. The apartment features a separate bedroom from the social area, offering more privacy and comfort. The bathroom is complete and modern, providing a functional and comfortable environment. Its privileged location allows easy access to essential services and public transport, making it an excellent option for both residence and investment. It also includes a garage, offering practicality and security. The apartment will be ready for deed signing in May, ensuring a fast and hassle-free transaction. Perfect for those looking for a safe and profitable investment, with the added advantage of being in a growing area with high demand. Its versatility and proximity to everything you need make it an excellent choice for those seeking a functional home or a property for rental. Don't miss the opportunity to acquire this apartment at an excellent price and conditions. Make your deal with IAD Portugal/International, where we guide you through the entire process of buying, selling, or renting from the initial stage to the deed signing. All contractual acts, such as signing the CPCV (Promissory Sales Agreement), are carried out in the presence of a lawyer (ensuring all legal aspects of the transaction). Whether you reside in Portugal or abroad and wish to buy or invest in Portugal, we are ready to offer you a personalized service. If you would like to learn more about this property, please do not hesitate to contact us. We will be happy to assist you. #ref: 138164
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Currency Exchange
Matosinhos, 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 €199,423 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 |
|---|---|---|---|
| €199,423 | £164,305 | £168,730 | £4,425 |
| Property Price € | €199,423 |
| Minimum cost in the last six months | £164,305 |
| Maximum cost in the last six months | £168,730 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,425 |
Matosinhos, 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 €199,423 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 |
|---|---|---|---|
| €199,423 | £164,305 | £168,730 | £4,425 |
| Property Price € | €199,423 |
| Minimum cost in the last six months | £164,305 |
| Maximum cost in the last six months | £168,730 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,425 |
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 £4,425 more.
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