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Housing ready to live consisting of hall, two rooms, one for living, with a small balcony and another for dining with a wood stove, three bedrooms, one with balcony, two bathrooms, a laundry room and a small patio
Penela, Coimbra, Portugal
REF: 319415
€140,000
Description
Housing ready to live consisting of hall, two rooms, one for living, with a small balcony and another for dining with a wood stove, three bedrooms, one with balcony, two bathrooms, a laundry room and a small patio . The attic is large and has a small balcony, easily transformed into a living area. Housing characterized by large areas and rooms with high ceilings. On the ground floor there is a commercial space for a restaurant and cafe, consisting of two large rooms, a games space, kitchen, storage room, pantry, bathrooms for customers and employees. It is located in the historic center of the village of Espinhal, a must-see place with a lot of visibility. Very pleasant space, with excellent investment potential, given the scarcity given the demand for housing in the area. Near the waterfall of Pedra da Ferida, river pool of Louçainha, schist villages, Serras de Sicó and beautiful medieval town of Penela #ref: 54538
Housing ready to live consisting of hall, two rooms, one for living, with a small balcony and another for dining with a wood stove, three bedrooms, one with balcony, two bathrooms, a laundry room and a small patio . The attic is large and has a small balcony, easily transformed into a living area. Housing characterized by large areas and rooms with high ceilings. On the ground floor there is a commercial space for a restaurant and cafe, consisting of two large rooms, a games space, kitchen, storage room, pantry, bathrooms for customers and employees. It is located in the historic center of the village of Espinhal, a must-see place with a lot of visibility. Very pleasant space, with excellent investment potential, given the scarcity given the demand for housing in the area. Near the waterfall of Pedra da Ferida, river pool of Louçainha, schist villages, Serras de Sicó and beautiful medieval town of Penela #ref: 54538
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Currency Exchange
Penela, Coimbra, 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 €140,000 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 |
|---|---|---|---|
| €140,000 | £119,097 | £122,716 | £3,619 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £119,097 |
| Maximum cost in the last six months | £122,716 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,619 |
Penela, Coimbra, 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 €140,000 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 |
|---|---|---|---|
| €140,000 | £119,097 | £122,716 | £3,619 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £119,097 |
| Maximum cost in the last six months | £122,716 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,619 |
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 £3,619 more.
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