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Charming rustic property in Barcelos
Barcelos, Braga, Portugal
REF: 435682
€350,000
Description
Charming rustic property in Barcelos. With mill, mill and old sawmill warehouse, to rehabilitate, inserted in the countryside. The property is divided by the river, where one side is composed of the main house T3 in need of intervention, which consists of: Entrance hall, rustic kitchen with fireplace, living room, 3 bedrooms, den, a bathroom. Outside there is a threshing floor and a private pool located at the back of the house overlooking green fields. On the other side of the river, it comprises: a mill, a warehouse with 2 oil mills, an old sawmill and annexes for the warehouse and industrial activity. It also has a well. This property inserted in a land with more than 4000m2, has a license to capture water from the river, with crystal clear water, which makes the mill work. It has the potential to be transformed into a rural tourism activity or as an event farm. It also has great access. The center of Barcelos is 6km away, 15km from Famalicão, 22km from Braga and about 50km from Porto. It is 5 km from the access to the A11 motorway. #ref: 67406
Charming rustic property in Barcelos. With mill, mill and old sawmill warehouse, to rehabilitate, inserted in the countryside. The property is divided by the river, where one side is composed of the main house T3 in need of intervention, which consists of: Entrance hall, rustic kitchen with fireplace, living room, 3 bedrooms, den, a bathroom. Outside there is a threshing floor and a private pool located at the back of the house overlooking green fields. On the other side of the river, it comprises: a mill, a warehouse with 2 oil mills, an old sawmill and annexes for the warehouse and industrial activity. It also has a well. This property inserted in a land with more than 4000m2, has a license to capture water from the river, with crystal clear water, which makes the mill work. It has the potential to be transformed into a rural tourism activity or as an event farm. It also has great access. The center of Barcelos is 6km away, 15km from Famalicão, 22km from Braga and about 50km from Porto. It is 5 km from the access to the A11 motorway. #ref: 67406
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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 €350,000 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 |
|---|---|---|---|
| €350,000 | £297,742 | £306,789 | £9,048 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £297,742 |
| Maximum cost in the last six months | £306,789 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,048 |
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 €350,000 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 |
|---|---|---|---|
| €350,000 | £297,742 | £306,789 | £9,048 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £297,742 |
| Maximum cost in the last six months | £306,789 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,048 |
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 £9,048 more.
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