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Residential condominium located near Avenida da Boavista, under construction on a plot of 800 m², situated just 200 meters from Avenida Marechal Gomes da Costa in the city of Porto
Porto, Porto, Portugal
REF: 949428
€950,000
Description
Residential condominium located near Avenida da Boavista, under construction on a plot of 800 m², situated just 200 meters from Avenida Marechal Gomes da Costa in the city of Porto. 3-Bedroom Apartment 119 m² Balcony 29 m² Box for 2 cars. East/West orientation, combining design, comfort, and functionality, aimed at those who prioritize living in the most prestigious residential area of Porto, near Avenida Marechal Gomes da Costa and the surrounding areas of Parque da Cidade, Foz, Universidade Católica, and the best schools in Porto. The excellent public transport network available, particularly the metro bus, places the condominium just minutes away from Rotunda da Boavista, the city center, Foz, and the beaches. Start of construction: January 2025 Completion of construction: December 2027 Make your investment a reality with IAD Portugal/International, where we support you throughout the entire process of buying, selling, or renting, from the initial phase to the deed signing. All contractual acts, such as the signing of the CPCV (Promissory Purchase and Sale Agreement), are conducted in the presence of a lawyer (ensuring all legal aspects of the act). If 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 more information about this property, please do not hesitate to contact us. We will be happy to assist you. #ref: 138582
Residential condominium located near Avenida da Boavista, under construction on a plot of 800 m², situated just 200 meters from Avenida Marechal Gomes da Costa in the city of Porto. 3-Bedroom Apartment 119 m² Balcony 29 m² Box for 2 cars. East/West orientation, combining design, comfort, and functionality, aimed at those who prioritize living in the most prestigious residential area of Porto, near Avenida Marechal Gomes da Costa and the surrounding areas of Parque da Cidade, Foz, Universidade Católica, and the best schools in Porto. The excellent public transport network available, particularly the metro bus, places the condominium just minutes away from Rotunda da Boavista, the city center, Foz, and the beaches. Start of construction: January 2025 Completion of construction: December 2027 Make your investment a reality with IAD Portugal/International, where we support you throughout the entire process of buying, selling, or renting, from the initial phase to the deed signing. All contractual acts, such as the signing of the CPCV (Promissory Purchase and Sale Agreement), are conducted in the presence of a lawyer (ensuring all legal aspects of the act). If 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 more information about this property, please do not hesitate to contact us. We will be happy to assist you. #ref: 138582
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Property on Map
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 €950,000 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 |
|---|---|---|---|
| €950,000 | £782,705 | £803,786 | £21,081 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £782,705 |
| Maximum cost in the last six months | £803,786 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,081 |
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 €950,000 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 |
|---|---|---|---|
| €950,000 | £782,705 | £803,786 | £21,081 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £782,705 |
| Maximum cost in the last six months | £803,786 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,081 |
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 £21,081 more.
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