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A farm! Magnificent property consisting of stone dwelling house with 75 square meters of implantation area and land with 11175 square meters of area
Penela, Coimbra, Portugal
REF: 710112
€119,000
Description
A farm! Magnificent property consisting of stone dwelling house with 75 square meters of implantation area and land with 11175 square meters of area. The region of Penela, where this property is located, is known for the production of quality wines and cheese, for the excellent location, as well as benefited from very good road access, mild temperature, educational offer, having in the county already three international schools, beautiful and green landscapes, a subsoil rich in water and quietness! Here, on this Thursday, you can only hear little birds singing! It is located in a strategic point of a small village, at the end of the street, away from the houses, in a place that is not of constant passage of people or vehicles. A little "paradise"! The villa is all in stone, of very resistant structure, consisting of basement and first floor. The basement has a large ground floor shop and especially in this space the walls are beautiful, with large massive blocks in stone. Access to the first floor is made by an exterior staircase leading to a balcony that communicates with the house. The first floor consists of a kitchen (not equipped), a large living room and 3 bedrooms. All rooms have windows to the outside, with great views and good sun exposure. Attached to the house, there is also a large rainwater reservoir, where rainwater was stored for irrigation and washing. This system of water storage in tanks is widely practiced in the region. It is, in fact, an optimal use of this natural resource. The top of the tank serves as a terrace, from where you can see much of the property and the village. The land is mostly agricultural with a smaller area with forest. It consists of large terraces supported by stone walls, but with access passage between them. The property has some olive trees, walnut trees, nespereiras, apple trees and also Portuguese pines. A property where you can still make beautiful and interesting circuits on foot, either inside or outside, because there is an area of trails and forest paths that surround the property. Here you can do everything! Develop an agriculture project, practice subsistence agriculture, pastoralism, grow fruit trees, create an agro-tourism project, bungalows... or just enjoy the property. The villa needs total renovation, taking advantage of the beautiful and strong structure that can be transformed into a dream house. Come and see. #ref: 98965
A farm! Magnificent property consisting of stone dwelling house with 75 square meters of implantation area and land with 11175 square meters of area. The region of Penela, where this property is located, is known for the production of quality wines and cheese, for the excellent location, as well as benefited from very good road access, mild temperature, educational offer, having in the county already three international schools, beautiful and green landscapes, a subsoil rich in water and quietness! Here, on this Thursday, you can only hear little birds singing! It is located in a strategic point of a small village, at the end of the street, away from the houses, in a place that is not of constant passage of people or vehicles. A little "paradise"! The villa is all in stone, of very resistant structure, consisting of basement and first floor. The basement has a large ground floor shop and especially in this space the walls are beautiful, with large massive blocks in stone. Access to the first floor is made by an exterior staircase leading to a balcony that communicates with the house. The first floor consists of a kitchen (not equipped), a large living room and 3 bedrooms. All rooms have windows to the outside, with great views and good sun exposure. Attached to the house, there is also a large rainwater reservoir, where rainwater was stored for irrigation and washing. This system of water storage in tanks is widely practiced in the region. It is, in fact, an optimal use of this natural resource. The top of the tank serves as a terrace, from where you can see much of the property and the village. The land is mostly agricultural with a smaller area with forest. It consists of large terraces supported by stone walls, but with access passage between them. The property has some olive trees, walnut trees, nespereiras, apple trees and also Portuguese pines. A property where you can still make beautiful and interesting circuits on foot, either inside or outside, because there is an area of trails and forest paths that surround the property. Here you can do everything! Develop an agriculture project, practice subsistence agriculture, pastoralism, grow fruit trees, create an agro-tourism project, bungalows... or just enjoy the property. The villa needs total renovation, taking advantage of the beautiful and strong structure that can be transformed into a dream house. Come and see. #ref: 98965
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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 €119,000 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 |
|---|---|---|---|
| €119,000 | £101,232 | £104,302 | £3,070 |
| Property Price € | €119,000 |
| Minimum cost in the last six months | £101,232 |
| Maximum cost in the last six months | £104,302 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,070 |
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 €119,000 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 |
|---|---|---|---|
| €119,000 | £101,232 | £104,302 | £3,070 |
| Property Price € | €119,000 |
| Minimum cost in the last six months | £101,232 |
| Maximum cost in the last six months | £104,302 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,070 |
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 £3,070 more.
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