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Property consisting of a set of stone buildings with yard
Penela, Coimbra, Portugal
REF: 620258
€70,000
Description
Property consisting of a set of stone buildings with yard. It is located in one of the most beautiful villages of the municipality of Penela, with excellent sun exposure, good views, easy access, very close (four minutes) to a supermarket, cafe and restaurant, also close to the town of Penela (six minutes), the A13 highway (seven minutes), the A1 highway (fifteen minutes) and only seventeen minutes from the city of Coimbra. The village is small, very quiet, surrounded by green fields, pine woods, oak trees and strawberry trees. The property comprises a main house with three bedrooms, living room, kitchen with dining room, pantry, and a lovely veranda facing east that runs along the whole house. The ground floor consists of storage rooms, a cellar, a garage and a beautiful threshing floor, all in stone, where, many years ago, cereals were deposited to dry. The yard has fruit trees: olive, fig, lemon and grapevine trees. To point out the beautiful terrace, built under a rainwater tank with extraordinary views to the mountains of Penela/Sicó. Excellent investment for tourism, given the large construction area and location. Ideal for permanent housing by the tranquility, proximity of services, schools and public transport. Come and visit. #ref: 84487
Property consisting of a set of stone buildings with yard. It is located in one of the most beautiful villages of the municipality of Penela, with excellent sun exposure, good views, easy access, very close (four minutes) to a supermarket, cafe and restaurant, also close to the town of Penela (six minutes), the A13 highway (seven minutes), the A1 highway (fifteen minutes) and only seventeen minutes from the city of Coimbra. The village is small, very quiet, surrounded by green fields, pine woods, oak trees and strawberry trees. The property comprises a main house with three bedrooms, living room, kitchen with dining room, pantry, and a lovely veranda facing east that runs along the whole house. The ground floor consists of storage rooms, a cellar, a garage and a beautiful threshing floor, all in stone, where, many years ago, cereals were deposited to dry. The yard has fruit trees: olive, fig, lemon and grapevine trees. To point out the beautiful terrace, built under a rainwater tank with extraordinary views to the mountains of Penela/Sicó. Excellent investment for tourism, given the large construction area and location. Ideal for permanent housing by the tranquility, proximity of services, schools and public transport. Come and visit. #ref: 84487
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Currency Exchange
Penela, 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £59,548 | £61,354 | £1,806 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £59,548 |
| Maximum cost in the last six months | £61,354 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,806 |
Penela, 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £59,548 | £61,354 | £1,806 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £59,548 |
| Maximum cost in the last six months | £61,354 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,806 |
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 £1,806 more.
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