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Three bedroom villa with 253 square meters of gross construction area, with a plot of land with approximately 5115 square meters of area
Penela, Coimbra, Portugal
REF: 684214
€85,000
Description
Three bedroom villa with 253 square meters of gross construction area, with a plot of land with approximately 5115 square meters of area. House in need of renovation, but with roof in good condition, bathroom and kitchen. It meets the minimum conditions of habitability. The property has south solar orientation, a positioning that gives an excellent sun exposure. The ground floor comprises a wine cellar with direct exit to the street, storage room with interior staircase to the first floor, kitchen without equipment, only with sink, fireplace and bathroom. The first floor consists of living room and three bedrooms with window. The beautiful and cosy veranda at the front of the house with access to the living room and bedrooms also has a large terrace attached with lovely views to the mountains. In a first outbuilding attached, there is a covered garage, a shop room and an old kitchen, adapted for storage. In the second annex, there is a shed and a kitchen with sink and wood oven, very nice to turn into a barbecue area. The third annex is a storage house with a beautiful stone threshing floor. The land is slightly sloping and consists of a cultivated area with several fruit trees: persimmon, lemon, apple, cherry, walnut and grape vines, and an area of pine trees, with cedar, pine trees and some eucalyptus. At the top of the land there is a forest path that facilitates access to the east. The location is excellent: 8 minutes from the town of Penela, 5 minutes from the highway (2 hours from Lisbon and 1 hour and 30 minutes from Oporto) and 20 minutes from the city of Coimbra. Two minutes away there is a restaurant and a small shopping centre with supermarket and varied commerce. The school is 5 minutes away and the health centre is 8 minutes away. An area with very good access, no pollution, surrounded by greenery, beautiful schist villages, waterfall, river beach, caves, Roman ruins ... much to discover. Private area 150 square metres Gross construction area 253 square metres - 2 kitchens - 3 bedrooms - 1 living room - 1 bathroom Gross dependant area 103 square metres - 1 kitchen with wood oven - 1 storage room - 1 cellar - 1 garage Outside area/yard 5114 square metres Come and visit. #ref: 94428
Three bedroom villa with 253 square meters of gross construction area, with a plot of land with approximately 5115 square meters of area. House in need of renovation, but with roof in good condition, bathroom and kitchen. It meets the minimum conditions of habitability. The property has south solar orientation, a positioning that gives an excellent sun exposure. The ground floor comprises a wine cellar with direct exit to the street, storage room with interior staircase to the first floor, kitchen without equipment, only with sink, fireplace and bathroom. The first floor consists of living room and three bedrooms with window. The beautiful and cosy veranda at the front of the house with access to the living room and bedrooms also has a large terrace attached with lovely views to the mountains. In a first outbuilding attached, there is a covered garage, a shop room and an old kitchen, adapted for storage. In the second annex, there is a shed and a kitchen with sink and wood oven, very nice to turn into a barbecue area. The third annex is a storage house with a beautiful stone threshing floor. The land is slightly sloping and consists of a cultivated area with several fruit trees: persimmon, lemon, apple, cherry, walnut and grape vines, and an area of pine trees, with cedar, pine trees and some eucalyptus. At the top of the land there is a forest path that facilitates access to the east. The location is excellent: 8 minutes from the town of Penela, 5 minutes from the highway (2 hours from Lisbon and 1 hour and 30 minutes from Oporto) and 20 minutes from the city of Coimbra. Two minutes away there is a restaurant and a small shopping centre with supermarket and varied commerce. The school is 5 minutes away and the health centre is 8 minutes away. An area with very good access, no pollution, surrounded by greenery, beautiful schist villages, waterfall, river beach, caves, Roman ruins ... much to discover. Private area 150 square metres Gross construction area 253 square metres - 2 kitchens - 3 bedrooms - 1 living room - 1 bathroom Gross dependant area 103 square metres - 1 kitchen with wood oven - 1 storage room - 1 cellar - 1 garage Outside area/yard 5114 square metres Come and visit. #ref: 94428
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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 €85,000 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 |
|---|---|---|---|
| €85,000 | £72,309 | £74,502 | £2,193 |
| Property Price € | €85,000 |
| Minimum cost in the last six months | £72,309 |
| Maximum cost in the last six months | £74,502 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,193 |
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 €85,000 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 |
|---|---|---|---|
| €85,000 | £72,309 | £74,502 | £2,193 |
| Property Price € | €85,000 |
| Minimum cost in the last six months | £72,309 |
| Maximum cost in the last six months | £74,502 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,193 |
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 £2,193 more.
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