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Land with 5,150m2 in Barcelos, in a residential area and close to the "City of Barcelos football stadium", for construction a buildging, with an approved project for a basement building, ground floor and 3 floors, consisting of 46 apartments
Barcelos, Braga, Portugal
REF: 364741
€800,000
Description
Land with 5,150m2 in Barcelos, in a residential area and close to the "City of Barcelos football stadium", for construction a buildging, with an approved project for a basement building, ground floor and 3 floors, consisting of 46 apartments. The land has a front of 65 meters and is currently built in stone walls with 2 floors. With good access and inserted in an area in great development. Realize your business with IAD Portugal, where we follow the purchase, sale or lease process from the beginning to the deed. If you need credit, we have a network of partnerships with credit intermediaries, where, at no cost, you will be able to present several possibilities to carry out your project. If you live abroad, we have accredited lawyers and notaries to monitor the entire process, allowing you to be informed in advance about Portuguese legislation and promoting the best options for purchasing your property, whether for investment, permanent or temporary housing. IAD came to promote a close relationship between the real estate consultant and the client. Founded in 2008 in France, now present in Portugal, Spain, Italy, Germany and Mexico. #ref: 63047
Land with 5,150m2 in Barcelos, in a residential area and close to the "City of Barcelos football stadium", for construction a buildging, with an approved project for a basement building, ground floor and 3 floors, consisting of 46 apartments. The land has a front of 65 meters and is currently built in stone walls with 2 floors. With good access and inserted in an area in great development. Realize your business with IAD Portugal, where we follow the purchase, sale or lease process from the beginning to the deed. If you need credit, we have a network of partnerships with credit intermediaries, where, at no cost, you will be able to present several possibilities to carry out your project. If you live abroad, we have accredited lawyers and notaries to monitor the entire process, allowing you to be informed in advance about Portuguese legislation and promoting the best options for purchasing your property, whether for investment, permanent or temporary housing. IAD came to promote a close relationship between the real estate consultant and the client. Founded in 2008 in France, now present in Portugal, Spain, Italy, Germany and Mexico. #ref: 63047
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Currency Exchange
Barcelos, Braga, 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £680,552 | £701,232 | £20,680 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £680,552 |
| Maximum cost in the last six months | £701,232 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,680 |
Barcelos, Braga, 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £680,552 | £701,232 | £20,680 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £680,552 |
| Maximum cost in the last six months | £701,232 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,680 |
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 £20,680 more.
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