2 Bedroom apartment with 98 s qm and balcony with 6 s qm, inserted in a totally renovated development in the heart of Baixa Portuense

Cedofeita, Porto, Portugal

For Sale

€900,000

REF: 715194 €900,000


2

1

98 m2

104 m2

Description

2 Bedroom apartment with 98 s qm and balcony with 6 s qm, inserted in a totally renovated development in the heart of Baixa Portuense. Result of a housing rehabilitation, converted into 7 units of independent housing and one unit of commerce/services. The proposal for the building goes through the conservation of the existing building at number 170, maintaining the design of the urban front for Rua do Almada.

The new apartments combine the demands of contemporary comfort with the excellence of the location, creating an appealing whole, both for housing and for tourist exploration. The Almada 170 development consists of three fractions of typology T0, three fractions of typology T1, a fraction of typology T2 and a fraction of commerce/services.

In the heart of Baixa, it is the historic center of Porto, it was designated as a World Cultural Heritage in 1996 by UNESCO. It is marked by the medieval origins of the city and includes the ancient parishes of Sé, São Nicolau, Vitória and Miragaia. Even with all the evolution and changes that have occurred over time in this historic center, even today the observation of the urban complex based on the old medieval hull provides an image of coherence and homogeneity.

It suggests immutability and permanence in time, constituting a unique example of an urban landscape endowed with identity, strong character and aesthetics. The Baixa is the central area of the city, it is where most of the commerce, restaurants and lodgings are located, as well as the City Hall in one of the most emblematic avenues of the city, the 'Avenida dos Aliados', with many beautiful buildings.

It is in this area that we also find many of the historical buildings of the city such as the Clérigos Tower, the traditional Bolhão Market and the majestic São Bento Railway Station with its beautiful hand-painted tiles, among many others. Book your visit now. Castelhana is a Portuguese real estate agency present in the domestic market for over 25 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal.

Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. In Porto, we are based in Foz Do Douro, one of the noblest places in the city. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital and in the Algarve region next to the renowned Vilamoura Marina. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
2 Bedroom apartment with 98 s qm and balcony with 6 s qm, inserted in a totally renovated development in the heart of Baixa Portuense. Result of a housing rehabilitation, converted into 7 units of independent housing and one unit of commerce/services. The proposal for the building goes through the conservation of the existing building at number 170, maintaining the design of the urban front for Rua do Almada.

The new apartments combine the demands of contemporary comfort with the excellence of the location, creating an appealing whole, both for housing and for tourist exploration. The Almada 170 development consists of three fractions of typology T0, three fractions of typology T1, a fraction of typology T2 and a fraction of commerce/services.

In the heart of Baixa, it is the historic center of Porto, it was designated as a World Cultural Heritage in 1996 by UNESCO. It is marked by the medieval origins of the city and includes the ancient parishes of Sé, São Nicolau, Vitória and Miragaia. Even with all the evolution and changes that have occurred over time in this historic center, even today the observation of the urban complex based on the old medieval hull provides an image of coherence and homogeneity.

It suggests immutability and permanence in time, constituting a unique example of an urban landscape endowed with identity, strong character and aesthetics. The Baixa is the central area of the city, it is where most of the commerce, restaurants and lodgings are located, as well as the City Hall in one of the most emblematic avenues of the city, the 'Avenida dos Aliados', with many beautiful buildings.

It is in this area that we also find many of the historical buildings of the city such as the Clérigos Tower, the traditional Bolhão Market and the majestic São Bento Railway Station with its beautiful hand-painted tiles, among many others. Book your visit now. Castelhana is a Portuguese real estate agency present in the domestic market for over 25 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal.

Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. In Porto, we are based in Foz Do Douro, one of the noblest places in the city. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital and in the Algarve region next to the renowned Vilamoura Marina. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
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Currency Exchange

Cedofeita, 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 €900,000 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
€900,000 £765,621 £788,886 £23,265
Property Price € €900,000
Minimum cost in the last six months £765,621
Maximum cost in the last six months £788,886
Fluctuating exchange rates over the last six months could have increased the cost of this property by £23,265

Cedofeita, 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 €900,000 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
€900,000 £765,621 £788,886 £23,265
Property Price € €900,000
Minimum cost in the last six months £765,621
Maximum cost in the last six months £788,886
Fluctuating exchange rates over the last six months could have increased the cost of this property by £23,265

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 £23,265 more.

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