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House with 235 square metres of gross construction area, located in a village in the municipality of Penela, 15 minutes from the city of Coimbra
Penela, Coimbra, Portugal
REF: 738391
€65,000
Description
House with 235 square metres of gross construction area, located in a village in the municipality of Penela, 15 minutes from the city of Coimbra. The village, with a direct link to an important road to Coimbra, is built under the charm of a hill. This property is at the top, with excellent access, on a wide street where you can park your car outside the house (on the public road), without impeding the circulation of other properties. Good views and excellent sun exposure, as it is built with a southerly orientation. The house is in need of renovation. It has a ground floor and a first floor, including a magnificent terrace. Like all period houses, the ground floor has a large cellar, storage area and garage. The house has three fronts facing the street: one facing east, the second facing south and the third facing west. The first floor boasts easy access to natural light. Two bedrooms, a bathroom, a kitchen (not fully equipped), a living room and a large, beautiful terrace make up this level of the house. The property is in need of renovation, but has an excellent structure. The interior walls are not load-bearing, which allows them to be renovated without interfering with the structure or roof of the house. Just 16 minutes from the city of Coimbra, 7 minutes from the town of Penela, 10 minutes from the town of Condeixa and 12 minutes from the motorway. Features. - 1 kitchen (not fully equipped) - 2 bedrooms - 1 bathroom - 1 garage - 1 cellar - 1 large interior storage space - 1 terrace This property has already undergone a renovation project and can be sold with the new project carried out. It can be sold already renovated, ready to move into. It's up to you! Come and see it. #ref: 105180
House with 235 square metres of gross construction area, located in a village in the municipality of Penela, 15 minutes from the city of Coimbra. The village, with a direct link to an important road to Coimbra, is built under the charm of a hill. This property is at the top, with excellent access, on a wide street where you can park your car outside the house (on the public road), without impeding the circulation of other properties. Good views and excellent sun exposure, as it is built with a southerly orientation. The house is in need of renovation. It has a ground floor and a first floor, including a magnificent terrace. Like all period houses, the ground floor has a large cellar, storage area and garage. The house has three fronts facing the street: one facing east, the second facing south and the third facing west. The first floor boasts easy access to natural light. Two bedrooms, a bathroom, a kitchen (not fully equipped), a living room and a large, beautiful terrace make up this level of the house. The property is in need of renovation, but has an excellent structure. The interior walls are not load-bearing, which allows them to be renovated without interfering with the structure or roof of the house. Just 16 minutes from the city of Coimbra, 7 minutes from the town of Penela, 10 minutes from the town of Condeixa and 12 minutes from the motorway. Features. - 1 kitchen (not fully equipped) - 2 bedrooms - 1 bathroom - 1 garage - 1 cellar - 1 large interior storage space - 1 terrace This property has already undergone a renovation project and can be sold with the new project carried out. It can be sold already renovated, ready to move into. It's up to you! Come and see it. #ref: 105180
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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 €65,000 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 |
|---|---|---|---|
| €65,000 | £55,295 | £56,972 | £1,677 |
| Property Price € | €65,000 |
| Minimum cost in the last six months | £55,295 |
| Maximum cost in the last six months | £56,972 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,677 |
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 €65,000 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 |
|---|---|---|---|
| €65,000 | £55,295 | £56,972 | £1,677 |
| Property Price € | €65,000 |
| Minimum cost in the last six months | £55,295 |
| Maximum cost in the last six months | £56,972 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,677 |
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 £1,677 more.
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