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Sale of a 2-Bedroom Duplex in Cedofeita
Porto, Porto, Portugal
REF: 697935
€435,000
Description
Sale of a 2-Bedroom Duplex in Cedofeita. Renovated 2-bedroom duplex designed by a renowned architectural firm, preserving the traditional elements of Porto, such as paneled walls, high ceilings, and iron balconies, characteristic of Álvares Cabral Street. Total area of 118m2 and a garden of 63m2. Ground floor: entrance hall, spacious living room with windows facing south and west, open kitchen with access to the garden. Upper floor: master suite. Lower floor: guest bathroom, suite with a closet and west-facing window, laundry room, storage space, and technical area. Central heating and Siemens appliances. Located a 4-minute walk from Lapa Metro Station, 7 minutes from Praça da República, close to Cedofeita Street, and 10 minutes from Boavista Roundabout. Proximity to schools such as Rodrigues de Freitas, Carolina, and Porto Conservatory, as well as various services and shops. Deed expected to be completed in October 2023. #ref: 96183
Sale of a 2-Bedroom Duplex in Cedofeita. Renovated 2-bedroom duplex designed by a renowned architectural firm, preserving the traditional elements of Porto, such as paneled walls, high ceilings, and iron balconies, characteristic of Álvares Cabral Street. Total area of 118m2 and a garden of 63m2. Ground floor: entrance hall, spacious living room with windows facing south and west, open kitchen with access to the garden. Upper floor: master suite. Lower floor: guest bathroom, suite with a closet and west-facing window, laundry room, storage space, and technical area. Central heating and Siemens appliances. Located a 4-minute walk from Lapa Metro Station, 7 minutes from Praça da República, close to Cedofeita Street, and 10 minutes from Boavista Roundabout. Proximity to schools such as Rodrigues de Freitas, Carolina, and Porto Conservatory, as well as various services and shops. Deed expected to be completed in October 2023. #ref: 96183
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Currency Exchange
Porto, 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 €435,000 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 |
|---|---|---|---|
| €435,000 | £370,050 | £381,295 | £11,245 |
| Property Price € | €435,000 |
| Minimum cost in the last six months | £370,050 |
| Maximum cost in the last six months | £381,295 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,245 |
Porto, 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 €435,000 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 |
|---|---|---|---|
| €435,000 | £370,050 | £381,295 | £11,245 |
| Property Price € | €435,000 |
| Minimum cost in the last six months | £370,050 |
| Maximum cost in the last six months | £381,295 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,245 |
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 £11,245 more.
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