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For sale House | Rehabilitation | 286 Sqm total area | 250 Sqm private area + 36 m2 garden | Views over the city | Investment | In the neighborhood of Castelo São Jorge - Lisbon Located in one of the most emblematic areas of Lisbon, this friendly villa with a garden is a unique opportunity for thos
Lisbon, Lisbon, Portugal
REF: 754077
€1,350,000
Description
For sale House | Rehabilitation | 286 Sqm total area | 250 Sqm private area + 36 m2 garden | Views over the city | Investment | In the neighborhood of Castelo São Jorge - Lisbon Located in one of the most emblematic areas of Lisbon, this friendly villa with a garden is a unique opportunity for those who want to live in the typical and historic neighborhood of Lisbon Castle For total rehabilitation, thus leaving open the possibility of the new resident to adapt the more than 250 m2 of area, to his taste, comfort, and desired functionality. Despite not having an approved project, the property has already carried out and completed all the archaeological, seismic, and other requirements required by the Lisbon City Council to proceed with the rehabilitation project. Various tax benefits and subsidies are granted by the State Portuguese to this area of the City, in case of rehabilitation works by the Owners. With great potential for investment appreciation, given that the area where it is inserted will enjoy in the coming years a large number of municipal works of rehabilitation of Historical Heritage, introduction of new accessibilities, and Mobility. Location Castle District. Lisbon Surrounded by history, streets, and alleys, with the buzz of locals and tourists and a breathtaking view of the hill Energy Rating: Exempt #ref:MOR1616MSB
For sale House | Rehabilitation | 286 Sqm total area | 250 Sqm private area + 36 m2 garden | Views over the city | Investment | In the neighborhood of Castelo São Jorge - Lisbon Located in one of the most emblematic areas of Lisbon, this friendly villa with a garden is a unique opportunity for those who want to live in the typical and historic neighborhood of Lisbon Castle For total rehabilitation, thus leaving open the possibility of the new resident to adapt the more than 250 m2 of area, to his taste, comfort, and desired functionality. Despite not having an approved project, the property has already carried out and completed all the archaeological, seismic, and other requirements required by the Lisbon City Council to proceed with the rehabilitation project. Various tax benefits and subsidies are granted by the State Portuguese to this area of the City, in case of rehabilitation works by the Owners. With great potential for investment appreciation, given that the area where it is inserted will enjoy in the coming years a large number of municipal works of rehabilitation of Historical Heritage, introduction of new accessibilities, and Mobility. Location Castle District. Lisbon Surrounded by history, streets, and alleys, with the buzz of locals and tourists and a breathtaking view of the hill Energy Rating: Exempt #ref:MOR1616MSB
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Currency Exchange
Lisbon, Lisbon, 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 €1,350,000 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 |
|---|---|---|---|
| €1,350,000 | £1,148,432 | £1,183,329 | £34,898 |
| Property Price € | €1,350,000 |
| Minimum cost in the last six months | £1,148,432 |
| Maximum cost in the last six months | £1,183,329 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,898 |
Lisbon, Lisbon, 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 €1,350,000 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 |
|---|---|---|---|
| €1,350,000 | £1,148,432 | £1,183,329 | £34,898 |
| Property Price € | €1,350,000 |
| Minimum cost in the last six months | £1,148,432 |
| Maximum cost in the last six months | £1,183,329 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,898 |
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 £34,898 more.
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