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New Development: Modernity and Comfort Awaits You! Explore a new era of modern living at NEW PLAZA, an innovative development in the approval phase, located in Canidelo, Vila Nova de Gaia
Matosinhos, Porto, Portugal
REF: 775398
€295,900
Description
New Development: Modernity and Comfort Awaits You! Explore a new era of modern living at NEW PLAZA, an innovative development in the approval phase, located in Canidelo, Vila Nova de Gaia. With 60 units of typologies T0, T1, T1+1, T2, and T2+1, this project promises contemporary architecture, generous balconies, terraces, and high-quality finishes. Highlights: Modern and elegant architecture. Balconies and terraces for breathtaking views. Versatile unit types, adaptable to your needs. Future Padel court and private playground for leisure. Development Timeline: Project approval expected in the third quarter of 2024. Construction commencement planned for the fourth quarter of 2024. Completion: 24 months after the start. Internal Features: Fully furnished kitchens equipped with Bosch appliances. Bedrooms with built-in wardrobes. Electric heat pump for sanitary hot water. Air conditioning installation. Thermal cut aluminum frames, air permeability class IV. Strategic Location: Ideal for those seeking to live in a city environment with easy access to services and commerce. NEW PLAZA offers proximity to the nature of the coastal area, ensuring convenience and tranquility in everyday life. Just 2 minutes from the future beaches of Vila Nova de Gaia and the Douro River Estuary. The development will be close to supermarkets, gyms, pharmacies, health centers, post offices, and schools. Enjoy the future Marina da Afurada, just 1 km away. Note: This development is in the approval phase, and visits are currently not possible. Stay tuned for more information and reservation opportunities! #ref: 109472
New Development: Modernity and Comfort Awaits You! Explore a new era of modern living at NEW PLAZA, an innovative development in the approval phase, located in Canidelo, Vila Nova de Gaia. With 60 units of typologies T0, T1, T1+1, T2, and T2+1, this project promises contemporary architecture, generous balconies, terraces, and high-quality finishes. Highlights: Modern and elegant architecture. Balconies and terraces for breathtaking views. Versatile unit types, adaptable to your needs. Future Padel court and private playground for leisure. Development Timeline: Project approval expected in the third quarter of 2024. Construction commencement planned for the fourth quarter of 2024. Completion: 24 months after the start. Internal Features: Fully furnished kitchens equipped with Bosch appliances. Bedrooms with built-in wardrobes. Electric heat pump for sanitary hot water. Air conditioning installation. Thermal cut aluminum frames, air permeability class IV. Strategic Location: Ideal for those seeking to live in a city environment with easy access to services and commerce. NEW PLAZA offers proximity to the nature of the coastal area, ensuring convenience and tranquility in everyday life. Just 2 minutes from the future beaches of Vila Nova de Gaia and the Douro River Estuary. The development will be close to supermarkets, gyms, pharmacies, health centers, post offices, and schools. Enjoy the future Marina da Afurada, just 1 km away. Note: This development is in the approval phase, and visits are currently not possible. Stay tuned for more information and reservation opportunities! #ref: 109472
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Currency Exchange
Matosinhos, 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 €295,900 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 |
|---|---|---|---|
| €295,900 | £251,719 | £259,353 | £7,634 |
| Property Price € | €295,900 |
| Minimum cost in the last six months | £251,719 |
| Maximum cost in the last six months | £259,353 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,634 |
Matosinhos, 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 €295,900 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 |
|---|---|---|---|
| €295,900 | £251,719 | £259,353 | £7,634 |
| Property Price € | €295,900 |
| Minimum cost in the last six months | £251,719 |
| Maximum cost in the last six months | £259,353 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,634 |
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 £7,634 more.
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