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Flat T7 duplex inserted in a building of sub-basement, basement, r/c and 1st floor and duplex, situated in the street Padre António Vieira, No
Coimbra, Coimbra, Portugal
REF: 596927
€370,000
Description
Flat T7 duplex inserted in a building of sub-basement, basement, r/c and 1st floor and duplex, situated in the street Padre António Vieira, No. 62, historic area of the city of Coimbra, 5 minutes walk from the Centre of the University of Coimbra, classified as World Heritage in 2013, where currently operate the Faculty of Law, the Faculty of Arts and various departments of the Faculty of Science and Technology. Consisting of 2 floors, has kitchen and living room with balconies and excellent views over the city, particularly to the Av. Sá da Bandeira, the Science Museum and the Natural History Gallery. Floor 1 has: 1 bathroom, 3 bedrooms + 1 maid's room, kitchen and living room. On 2nd floor: 1 bathroom and 4 bedrooms. It has an excellent sun exposure that combined with the good construction of the building make the flat very bright and comfortable; Located in the Alta de Coimbra, near the University, has excellent access and is one of the most sought after areas by students, being an excellent option for rental. The flat is currently with 5 rooms rented, being the lease contracts made for a period of six months. It is an Excellent option, either for own habitation, or for Income, being able to make more rooms and or Lofts, given its privileged location in one of the oldest and most charismatic places of the city. It guarantees a High Potential for Profitability, assured by the High and Permanent demand in this area. #ref: 80839
Flat T7 duplex inserted in a building of sub-basement, basement, r/c and 1st floor and duplex, situated in the street Padre António Vieira, No. 62, historic area of the city of Coimbra, 5 minutes walk from the Centre of the University of Coimbra, classified as World Heritage in 2013, where currently operate the Faculty of Law, the Faculty of Arts and various departments of the Faculty of Science and Technology. Consisting of 2 floors, has kitchen and living room with balconies and excellent views over the city, particularly to the Av. Sá da Bandeira, the Science Museum and the Natural History Gallery. Floor 1 has: 1 bathroom, 3 bedrooms + 1 maid's room, kitchen and living room. On 2nd floor: 1 bathroom and 4 bedrooms. It has an excellent sun exposure that combined with the good construction of the building make the flat very bright and comfortable; Located in the Alta de Coimbra, near the University, has excellent access and is one of the most sought after areas by students, being an excellent option for rental. The flat is currently with 5 rooms rented, being the lease contracts made for a period of six months. It is an Excellent option, either for own habitation, or for Income, being able to make more rooms and or Lofts, given its privileged location in one of the oldest and most charismatic places of the city. It guarantees a High Potential for Profitability, assured by the High and Permanent demand in this area. #ref: 80839
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Currency Exchange
Coimbra, 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 €370,000 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 |
|---|---|---|---|
| €370,000 | £314,755 | £324,320 | £9,565 |
| Property Price € | €370,000 |
| Minimum cost in the last six months | £314,755 |
| Maximum cost in the last six months | £324,320 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,565 |
Coimbra, 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 €370,000 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 |
|---|---|---|---|
| €370,000 | £314,755 | £324,320 | £9,565 |
| Property Price € | €370,000 |
| Minimum cost in the last six months | £314,755 |
| Maximum cost in the last six months | £324,320 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,565 |
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 £9,565 more.
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