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House to Renovate with Project – Stunning Views and an Excellent Location in Serra del Rei We present you with a fantastic investment opportunity: a house to renovate, with a renovation project that preserves the original architectural features of the house, including a traditional wine cellar with
Peniche, Leiria, Portugal
REF: 1003087
€157,500
Description
House to Renovate with Project – Stunning Views and an Excellent Location in Serra del Rei We present you with a fantastic investment opportunity: a house to renovate, with a renovation project that preserves the original architectural features of the house, including a traditional wine cellar with its wine storage tanks—a true historical treasure. Located in one of the most sought-after areas of the West region, just minutes from the wonderful beaches of Peniche and Baleal. Property Features: • 418 m² lot • Gross floor area: 242 m² • House plan with: o 3 en-suite bedrooms o Spacious south-facing kitchen and living room o 2 living rooms o Swimming pool and garden o Outdoor parking Located in a quiet residential area in Serra del Rei, this house is in a state of disrepair but has enormous potential to become a dream home. The south-facing solar orientation provides excellent natural light, making the space welcoming and comfortable year-round. Privileged Location: • 10 minutes from Baleal Beach • 5 minutes from the A8 (excellent access to Lisbon) • 5 minutes from one of the best golf courses in Europe • Just steps from the São Domingos Dam, ideal for walking, running, or canoeing • Nearby you'll also find a pine forest with a leisure area, perfect for picnics and hikes Quality of Life in the Heart of the West Zone This region offers a perfect combination of tranquility, nature, and proximity to the sea. With a unique cultural and scenic richness, you can enjoy historical trails, museums, traditional cuisine, and the magnificent landscapes of the Portuguese coast. Discover a simple, welcoming, and inspiring way of life. Here, every day is a new discovery! ________________________________________ For more information or to schedule a visit, please contact me. It will be a pleasure to accompany you on this project full of potential. Inês Caiado IAD Portugal Consultant AMI License: 11220 #ref: 146704
House to Renovate with Project – Stunning Views and an Excellent Location in Serra del Rei We present you with a fantastic investment opportunity: a house to renovate, with a renovation project that preserves the original architectural features of the house, including a traditional wine cellar with its wine storage tanks—a true historical treasure. Located in one of the most sought-after areas of the West region, just minutes from the wonderful beaches of Peniche and Baleal. Property Features: • 418 m² lot • Gross floor area: 242 m² • House plan with: o 3 en-suite bedrooms o Spacious south-facing kitchen and living room o 2 living rooms o Swimming pool and garden o Outdoor parking Located in a quiet residential area in Serra del Rei, this house is in a state of disrepair but has enormous potential to become a dream home. The south-facing solar orientation provides excellent natural light, making the space welcoming and comfortable year-round. Privileged Location: • 10 minutes from Baleal Beach • 5 minutes from the A8 (excellent access to Lisbon) • 5 minutes from one of the best golf courses in Europe • Just steps from the São Domingos Dam, ideal for walking, running, or canoeing • Nearby you'll also find a pine forest with a leisure area, perfect for picnics and hikes Quality of Life in the Heart of the West Zone This region offers a perfect combination of tranquility, nature, and proximity to the sea. With a unique cultural and scenic richness, you can enjoy historical trails, museums, traditional cuisine, and the magnificent landscapes of the Portuguese coast. Discover a simple, welcoming, and inspiring way of life. Here, every day is a new discovery! ________________________________________ For more information or to schedule a visit, please contact me. It will be a pleasure to accompany you on this project full of potential. Inês Caiado IAD Portugal Consultant AMI License: 11220 #ref: 146704
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Currency Exchange
Peniche, Leiria, 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 €157,500 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 |
|---|---|---|---|
| €157,500 | £130,008 | £137,863 | £7,855 |
| Property Price € | €157,500 |
| Minimum cost in the last six months | £130,008 |
| Maximum cost in the last six months | £137,863 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,855 |
Peniche, Leiria, 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 €157,500 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 |
|---|---|---|---|
| €157,500 | £130,008 | £137,863 | £7,855 |
| Property Price € | €157,500 |
| Minimum cost in the last six months | £130,008 |
| Maximum cost in the last six months | £137,863 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,855 |
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 £7,855 more.
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