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1 Bedroom duplex apartment with a floor area of 57 s qm and balcony of 23 s qm, inserted in the most recent and renovated development of Avenida da Boavista
Cedofeita, Porto, Portugal
REF: 715651
€262,000
Description
1 Bedroom duplex apartment with a floor area of 57 s qm and balcony of 23 s qm, inserted in the most recent and renovated development of Avenida da Boavista. This development results from the rehabilitation of an existing building, converted into 11 apartments. Centrally located in the city of Porto, the development will consist of a fraction of typology T0, four fractions of typology T1, a fraction of typology T1 duplex, three fractions of typology T2, a fraction of typology T2 duplex and a fraction of typology T2 Triplex. The new apartments combine the demands of contemporary comfort with the excellence of the location, creating an appealing whole, both for housing and tourist exploration. Porto, the city that gave Portugal its name, is known worldwide for its wine, beautiful bridges, and well-preserved medieval and contemporary architecture. It is also known for the quality of its restaurants, the secrets of gastronomy and the warm welcome of all the people of the City. In addition, the University of Porto was ranked among the 200 best universities in the world and among the 100 best universities in Europe. To celebrate the designation of Porto as the cultural capital of Europe in 2001, the iconic 'Casa da Música' was built in Boavista, an auditorium exclusively dedicated to music. Book your visit now. Castelhana is a Portuguese real estate agency present in the domestic market for over 20 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!
1 Bedroom duplex apartment with a floor area of 57 s qm and balcony of 23 s qm, inserted in the most recent and renovated development of Avenida da Boavista. This development results from the rehabilitation of an existing building, converted into 11 apartments. Centrally located in the city of Porto, the development will consist of a fraction of typology T0, four fractions of typology T1, a fraction of typology T1 duplex, three fractions of typology T2, a fraction of typology T2 duplex and a fraction of typology T2 Triplex. The new apartments combine the demands of contemporary comfort with the excellence of the location, creating an appealing whole, both for housing and tourist exploration. Porto, the city that gave Portugal its name, is known worldwide for its wine, beautiful bridges, and well-preserved medieval and contemporary architecture. It is also known for the quality of its restaurants, the secrets of gastronomy and the warm welcome of all the people of the City. In addition, the University of Porto was ranked among the 200 best universities in the world and among the 100 best universities in Europe. To celebrate the designation of Porto as the cultural capital of Europe in 2001, the iconic 'Casa da Música' was built in Boavista, an auditorium exclusively dedicated to music. Book your visit now. Castelhana is a Portuguese real estate agency present in the domestic market for over 20 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 €262,000 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 |
|---|---|---|---|
| €262,000 | £222,881 | £229,363 | £6,482 |
| Property Price € | €262,000 |
| Minimum cost in the last six months | £222,881 |
| Maximum cost in the last six months | £229,363 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,482 |
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 €262,000 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 |
|---|---|---|---|
| €262,000 | £222,881 | £229,363 | £6,482 |
| Property Price € | €262,000 |
| Minimum cost in the last six months | £222,881 |
| Maximum cost in the last six months | £229,363 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,482 |
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 £6,482 more.
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