Store with Approved Project for Apartment T1 - 68m² + Backyard 17m² Unique opportunity for investment or home ownership! This space, currently registered as a store, has an approved project for conversion into a modern 1-bedroom apartment, with a gross floor area of 68sqm and a pleasant private ba

Palmela, Setúbal, Portugal

For Sale

€170,000

REF: 958897 €170,000


1

68 m2

84 m2

Description

Store with Approved Project for Apartment T1 - 68m² + Backyard 17m² Unique opportunity for investment or home ownership! This space, currently registered as a store, has an approved project for conversion into a modern 1-bedroom apartment, with a gross floor area of 68sqm and a pleasant private backyard of 17sqm.

Located in Pinhal Novo, an area of great potential, this property allows the buyer to customize the works and adapt the space to their taste and needs. Price: €170,000 (works to be carried out by the buyer). For more information or to arrange a viewing, please get in touch! #ref: 140429
Store with Approved Project for Apartment T1 - 68m² + Backyard 17m² Unique opportunity for investment or home ownership! This space, currently registered as a store, has an approved project for conversion into a modern 1-bedroom apartment, with a gross floor area of 68sqm and a pleasant private backyard of 17sqm.

Located in Pinhal Novo, an area of great potential, this property allows the buyer to customize the works and adapt the space to their taste and needs. Price: €170,000 (works to be carried out by the buyer). For more information or to arrange a viewing, please get in touch! #ref: 140429
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Property on Map

#140429

Currency Exchange

Palmela, Setúbal, 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 €170,000 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
€170,000 £140,063 £147,575 £7,512
Property Price € €170,000
Minimum cost in the last six months £140,063
Maximum cost in the last six months £147,575
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,512

Palmela, Setúbal, 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 €170,000 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
€170,000 £140,063 £147,575 £7,512
Property Price € €170,000
Minimum cost in the last six months £140,063
Maximum cost in the last six months £147,575
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,512

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 £7,512 more.

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