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Building land in central and quiet location, in 2nd line of river, with unique and unalterable views in Oliveira do Douro, Vila Nova de Gaia
Vila Nova de Gaia, Portugal
REF: 565458
€594,000
Description
Building land in central and quiet location, in 2nd line of river, with unique and unalterable views in Oliveira do Douro, Vila Nova de Gaia. Consisting of four plots, with possibility to build villas consisting of basement, ground floor and one floor. This property for sale is the ideal solution for investment or to reside. Inserted in area with great road access, residential, with green areas in the surroundings and direct access to the walkway by the river. Excluded from the SCE, under alinea f) of Article 4 of Decree Law No. 118/2013 of 20 August, as amended. CHARACTERISTICS:Plot Area: 740 m2 | 7 965 sq ftArea: 1 056 m2 | 11 367 sq ftEnergy efficiency: FreeInternationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
Building land in central and quiet location, in 2nd line of river, with unique and unalterable views in Oliveira do Douro, Vila Nova de Gaia. Consisting of four plots, with possibility to build villas consisting of basement, ground floor and one floor. This property for sale is the ideal solution for investment or to reside. Inserted in area with great road access, residential, with green areas in the surroundings and direct access to the walkway by the river. Excluded from the SCE, under alinea f) of Article 4 of Decree Law No. 118/2013 of 20 August, as amended. CHARACTERISTICS:Plot Area: 740 m2 | 7 965 sq ftArea: 1 056 m2 | 11 367 sq ftEnergy efficiency: FreeInternationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Currency Exchange
Vila Nova de Gaia, 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 €594,000 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 |
|---|---|---|---|
| €594,000 | £505,310 | £520,005 | £14,696 |
| Property Price € | €594,000 |
| Minimum cost in the last six months | £505,310 |
| Maximum cost in the last six months | £520,005 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,696 |
Vila Nova de Gaia, 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 €594,000 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 |
|---|---|---|---|
| €594,000 | £505,310 | £520,005 | £14,696 |
| Property Price € | €594,000 |
| Minimum cost in the last six months | £505,310 |
| Maximum cost in the last six months | £520,005 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,696 |
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 £14,696 more.
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