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A farmhouse bordering the river, five minutes from Penela
Penela, Coimbra, Portugal
REF: 633791
€190,000
Description
A farmhouse bordering the river, five minutes from Penela. This property comprises a ground floor divided into two large wings: one part garage, the other part cellar and storage. The access to the first floor is exterior and leads to a veranda enclosed in marquise. On the right hand side a kitchen, with good areas and windows with beautiful views to the backyard, river and mountains. A central corridor leads to three bedrooms, with good areas, and a bathroom. The living room is large and spacious, with a window to the front of the house. The villa was built in 1984. It is a very solid masonry construction. Although it needs some aesthetic and thermal improvements, it is a simple renovation because structurally and on the roof there is nothing to do. Next to the house there are some annexes, used for a long time to support agriculture and cattle breeding. The land is flat with about 16 000 m2, with only a slight inclination. It has a well, a spring (mine) and still confronts directly with the river. It is a very fertile area with excellent sun exposure. The village of Penela is only five minutes away, the town of Miranda do Corvo is fifteen minutes away, the city of Coimbra is twenty minutes away and the motorway is four minutes away with connection to the whole country: Lisbon two hours away and Oporto one hour and thirty minutes. An excellent property, with the possibility to be explored in various ways: - ideal for living and developing a subsistence farming project or even for surplus production, which could be sold; - ideal for livestock breeding, including horses; - great potential for local accommodation with the possibility of enjoying the river with total privacy. In the area there is mail distribution, door to door bread and rubbish collection by the municipality. The accesses are very good - the commerce is only five minutes away, as well as the health centre, schools and public services. Come and visit. #ref: 87085
A farmhouse bordering the river, five minutes from Penela. This property comprises a ground floor divided into two large wings: one part garage, the other part cellar and storage. The access to the first floor is exterior and leads to a veranda enclosed in marquise. On the right hand side a kitchen, with good areas and windows with beautiful views to the backyard, river and mountains. A central corridor leads to three bedrooms, with good areas, and a bathroom. The living room is large and spacious, with a window to the front of the house. The villa was built in 1984. It is a very solid masonry construction. Although it needs some aesthetic and thermal improvements, it is a simple renovation because structurally and on the roof there is nothing to do. Next to the house there are some annexes, used for a long time to support agriculture and cattle breeding. The land is flat with about 16 000 m2, with only a slight inclination. It has a well, a spring (mine) and still confronts directly with the river. It is a very fertile area with excellent sun exposure. The village of Penela is only five minutes away, the town of Miranda do Corvo is fifteen minutes away, the city of Coimbra is twenty minutes away and the motorway is four minutes away with connection to the whole country: Lisbon two hours away and Oporto one hour and thirty minutes. An excellent property, with the possibility to be explored in various ways: - ideal for living and developing a subsistence farming project or even for surplus production, which could be sold; - ideal for livestock breeding, including horses; - great potential for local accommodation with the possibility of enjoying the river with total privacy. In the area there is mail distribution, door to door bread and rubbish collection by the municipality. The accesses are very good - the commerce is only five minutes away, as well as the health centre, schools and public services. Come and visit. #ref: 87085
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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 €190,000 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 |
|---|---|---|---|
| €190,000 | £161,631 | £166,533 | £4,902 |
| Property Price € | €190,000 |
| Minimum cost in the last six months | £161,631 |
| Maximum cost in the last six months | £166,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,902 |
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 €190,000 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 |
|---|---|---|---|
| €190,000 | £161,631 | £166,533 | £4,902 |
| Property Price € | €190,000 |
| Minimum cost in the last six months | £161,631 |
| Maximum cost in the last six months | £166,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,902 |
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 £4,902 more.
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