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2 Bedroom apartment with an area of 85 sqm and with a terrace of 3 sqm inserted in the latest rehabilitation project in the historic center of Porto, perpetuating the design of urban architecture of the fifteenth century and adding the quality, refinement and comfort of the 19th century
Sé, Porto, Portugal
REF: 619066
€504,000
Description
2 Bedroom apartment with an area of 85 sqm and with a terrace of 3 sqm inserted in the latest rehabilitation project in the historic center of Porto, perpetuating the design of urban architecture of the fifteenth century and adding the quality, refinement and comfort of the 19th century. The name of this building derives from the original by which it was once recognized 'Paço da Marquesa', living up to its past as residence of noble families. The project will consist of 16 residential units of high standard. The apartments range from 70.85 to 143.85sqm, with typologies T1 and T2. All residential units can be sold fully decorated and furnished and include air conditioning, double glazing and fully equipped kitchens. The Promoter will provide the client with the possibility of management services - the apartments have the possibility to come with guaranteed profitability; the managing entity may be responsible for all expenses including maintenance, condominium, water, electricity, internet, television and insurance, among others. The building is located in the oldest area of the city of Porto, right next to the emblematic São Bento station and the elegant Dom Luís I Bridge. Situated in the historic area of the city, this property enjoys a privileged location due to its central location where we can find all kinds of traditional commerce and various tourist and cultural attractions such as the Museum of The Puppets of Porto, the Palace of the Arts, the Museum of the Treasure of the See of Porto, the Museum of Sacred Art and Archaeology, the Ribeira Square, leisure areas such as Praça do Infante D. Henrique. With a vast transport network, restaurants, supermarkets and schools available. Castelhana is a Portuguese real estate agency present in the domestic market for over 20 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal. Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. In Porto we are based in the sophisticated Boavista district, in Lisbon, in Chiado, one of the most emblematic and traditional districts of the city. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
2 Bedroom apartment with an area of 85 sqm and with a terrace of 3 sqm inserted in the latest rehabilitation project in the historic center of Porto, perpetuating the design of urban architecture of the fifteenth century and adding the quality, refinement and comfort of the 19th century. The name of this building derives from the original by which it was once recognized 'Paço da Marquesa', living up to its past as residence of noble families. The project will consist of 16 residential units of high standard. The apartments range from 70.85 to 143.85sqm, with typologies T1 and T2. All residential units can be sold fully decorated and furnished and include air conditioning, double glazing and fully equipped kitchens. The Promoter will provide the client with the possibility of management services - the apartments have the possibility to come with guaranteed profitability; the managing entity may be responsible for all expenses including maintenance, condominium, water, electricity, internet, television and insurance, among others. The building is located in the oldest area of the city of Porto, right next to the emblematic São Bento station and the elegant Dom Luís I Bridge. Situated in the historic area of the city, this property enjoys a privileged location due to its central location where we can find all kinds of traditional commerce and various tourist and cultural attractions such as the Museum of The Puppets of Porto, the Palace of the Arts, the Museum of the Treasure of the See of Porto, the Museum of Sacred Art and Archaeology, the Ribeira Square, leisure areas such as Praça do Infante D. Henrique. With a vast transport network, restaurants, supermarkets and schools available. Castelhana is a Portuguese real estate agency present in the domestic market for over 20 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal. Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. In Porto we are based in the sophisticated Boavista district, in Lisbon, in Chiado, one of the most emblematic and traditional districts of the city. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
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Currency Exchange
Sé, Porto, 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 €504,000 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 |
|---|---|---|---|
| €504,000 | £428,748 | £441,751 | £13,003 |
| Property Price € | €504,000 |
| Minimum cost in the last six months | £428,748 |
| Maximum cost in the last six months | £441,751 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,003 |
Sé, Porto, 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 €504,000 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 |
|---|---|---|---|
| €504,000 | £428,748 | £441,751 | £13,003 |
| Property Price € | €504,000 |
| Minimum cost in the last six months | £428,748 |
| Maximum cost in the last six months | £441,751 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,003 |
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 £13,003 more.
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