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This new 2-bedroom apartment, with 2 bathrooms and a parking space, is an excellent opportunity for those seeking comfort, quality, and a prime location
Porto, Porto, Portugal
REF: 949434
€325,000
Description
This new 2-bedroom apartment, with 2 bathrooms and a parking space, is an excellent opportunity for those seeking comfort, quality, and a prime location. The completion of the construction is expected by the end of 2025. It offers areas starting from 80m², providing a modern and functional environment. Located near the Covelo Park, in a well-established residential area, the property benefits from its proximity to Avenida dos Combatentes, Marquês, Constituição, and the University Campus, making it ideal for both families and students. The area is well-served by public transport, with easy access to various bus lines and metro stations (Marquês, Combatentes, and Salgueiros), ensuring mobility and convenience. This apartment presents a high potential for appreciation, making it a safe and promising investment in the real estate market, both for those looking for a new home and for investors attentive to the area's growth. Finalize your deal 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 (Promise of Purchase and Sale Agreement), are carried out in the presence of a lawyer, ensuring all legal aspects of the process. 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 to know more about this property, do not hesitate to contact us – we will be happy to assist you! #ref: 138535
This new 2-bedroom apartment, with 2 bathrooms and a parking space, is an excellent opportunity for those seeking comfort, quality, and a prime location. The completion of the construction is expected by the end of 2025. It offers areas starting from 80m², providing a modern and functional environment. Located near the Covelo Park, in a well-established residential area, the property benefits from its proximity to Avenida dos Combatentes, Marquês, Constituição, and the University Campus, making it ideal for both families and students. The area is well-served by public transport, with easy access to various bus lines and metro stations (Marquês, Combatentes, and Salgueiros), ensuring mobility and convenience. This apartment presents a high potential for appreciation, making it a safe and promising investment in the real estate market, both for those looking for a new home and for investors attentive to the area's growth. Finalize your deal 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 (Promise of Purchase and Sale Agreement), are carried out in the presence of a lawyer, ensuring all legal aspects of the process. 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 to know more about this property, do not hesitate to contact us – we will be happy to assist you! #ref: 138535
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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 €325,000 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 |
|---|---|---|---|
| €325,000 | £267,768 | £274,979 | £7,212 |
| Property Price € | €325,000 |
| Minimum cost in the last six months | £267,768 |
| Maximum cost in the last six months | £274,979 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,212 |
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 €325,000 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 |
|---|---|---|---|
| €325,000 | £267,768 | £274,979 | £7,212 |
| Property Price € | €325,000 |
| Minimum cost in the last six months | £267,768 |
| Maximum cost in the last six months | £274,979 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,212 |
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 £7,212 more.
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