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Imagine living in a regional woodcarving house with access to the beach in 5 minutes, with air conditioning and a generous and friendly backyard and an annex for your do-it-yourself
Ponta Delgada, Ilha de São Miguel, Portugal
REF: 571859
€185,000
Description
Imagine living in a regional woodcarving house with access to the beach in 5 minutes, with air conditioning and a generous and friendly backyard and an annex for your do-it-yourself. I present you this villa in Livramento, with very nice areas that can be translated into a fantastic investment opportunity. This house stands out for its organization of divisions. This ground floor house has generous areas, and a yard with 180m2. Housing with great potential for profitability, whether in the rental or resale market. A typical one-story family home that stands out for its proximity to the militia and Pópulo bathing areas, the expressway, schools, shops, services, and leisure spaces. Description of areas: Room 20.13m² Room 16.46m² Room 12.62m² Kitchen 14.77m² Outdoor Kitchen: 7.88m² Hall and Corridor: 8 m² W.C. 7.35m² Annex: 17.21m² Porch: 13.20m² Storage Room: 15.84m² Backyard: 180m² Floor area: 119m² Total Area: 320m² EC: D Reference: 78947 AMI 11220 #ref: 78947
Imagine living in a regional woodcarving house with access to the beach in 5 minutes, with air conditioning and a generous and friendly backyard and an annex for your do-it-yourself. I present you this villa in Livramento, with very nice areas that can be translated into a fantastic investment opportunity. This house stands out for its organization of divisions. This ground floor house has generous areas, and a yard with 180m2. Housing with great potential for profitability, whether in the rental or resale market. A typical one-story family home that stands out for its proximity to the militia and Pópulo bathing areas, the expressway, schools, shops, services, and leisure spaces. Description of areas: Room 20.13m² Room 16.46m² Room 12.62m² Kitchen 14.77m² Outdoor Kitchen: 7.88m² Hall and Corridor: 8 m² W.C. 7.35m² Annex: 17.21m² Porch: 13.20m² Storage Room: 15.84m² Backyard: 180m² Floor area: 119m² Total Area: 320m² EC: D Reference: 78947 AMI 11220 #ref: 78947
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Currency Exchange
Ponta Delgada, Ilha de São Miguel, 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 €185,000 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 |
|---|---|---|---|
| €185,000 | £157,378 | £162,160 | £4,782 |
| Property Price € | €185,000 |
| Minimum cost in the last six months | £157,378 |
| Maximum cost in the last six months | £162,160 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,782 |
Ponta Delgada, Ilha de São Miguel, 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 €185,000 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 |
|---|---|---|---|
| €185,000 | £157,378 | £162,160 | £4,782 |
| Property Price € | €185,000 |
| Minimum cost in the last six months | £157,378 |
| Maximum cost in the last six months | £162,160 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,782 |
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 £4,782 more.
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