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3 Bedroom flat with 121 sq m and balconies with 37 sq m located in Porto on Rua de Serralves, perpendicular to Avenida Marechal Gomes da Costa 300 meters from the Serralves Museum of Contemporary Art, is a development in one of the best areas of the city of Porto, close to the riverside area, the Ma
Lordelo do Ouro, Porto, Portugal
REF: 789107
€600,000
Description
3 Bedroom flat with 121 sq m and balconies with 37 sq m located in Porto on Rua de Serralves, perpendicular to Avenida Marechal Gomes da Costa 300 meters from the Serralves Museum of Contemporary Art, is a development in one of the best areas of the city of Porto, close to the riverside area, the Marginal and Foz do Douro. The project includes the creation of a new volume, and the rehabilitation of the house where the historian Pinho Leal lived and died. He remained for posterity for being a persevering researcher and scholar of the reality of Portugal in the nineteenth century, its history, legends and myths, uses and customs of the populations, compiled in: 'ancient and modern Portugal'. There are seven different apartments, arranged on four floors, with the rooms facing east and the common areas facing west. From T1 to T4 duplex, with good areas, large common spaces and outdoor areas differentiating - gardens or terraces - projected to the south and west. The apartments are characterised by the originality of their different elements and finishes: wooden bookshelves that divide the living rooms from the kitchens; Independent laundries with mechanical ventilation, wood finishes, Merrazo marbles, thermal cut frames and double glazing. Two interior patios, with private access, reinforce the natural and organic light inside the fractions. Garage on the underground floor, with 1 space for T1 and 2 spaces for each of the other apartments. In the vicinity there are several services available: public transport, schools, pharmacy, restaurants, supermarkets as well as leisure areas such as the Serralves and Pasteleira Parks. 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 Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital. In Porto, we are based in Foz Do Douro, one of the noblest places in the city 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!
3 Bedroom flat with 121 sq m and balconies with 37 sq m located in Porto on Rua de Serralves, perpendicular to Avenida Marechal Gomes da Costa 300 meters from the Serralves Museum of Contemporary Art, is a development in one of the best areas of the city of Porto, close to the riverside area, the Marginal and Foz do Douro. The project includes the creation of a new volume, and the rehabilitation of the house where the historian Pinho Leal lived and died. He remained for posterity for being a persevering researcher and scholar of the reality of Portugal in the nineteenth century, its history, legends and myths, uses and customs of the populations, compiled in: 'ancient and modern Portugal'. There are seven different apartments, arranged on four floors, with the rooms facing east and the common areas facing west. From T1 to T4 duplex, with good areas, large common spaces and outdoor areas differentiating - gardens or terraces - projected to the south and west. The apartments are characterised by the originality of their different elements and finishes: wooden bookshelves that divide the living rooms from the kitchens; Independent laundries with mechanical ventilation, wood finishes, Merrazo marbles, thermal cut frames and double glazing. Two interior patios, with private access, reinforce the natural and organic light inside the fractions. Garage on the underground floor, with 1 space for T1 and 2 spaces for each of the other apartments. In the vicinity there are several services available: public transport, schools, pharmacy, restaurants, supermarkets as well as leisure areas such as the Serralves and Pasteleira Parks. 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 Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital. In Porto, we are based in Foz Do Douro, one of the noblest places in the city 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
Lordelo do Ouro, 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 €600,000 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 |
|---|---|---|---|
| €600,000 | £510,414 | £525,924 | £15,510 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £510,414 |
| Maximum cost in the last six months | £525,924 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,510 |
Lordelo do Ouro, 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 €600,000 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 |
|---|---|---|---|
| €600,000 | £510,414 | £525,924 | £15,510 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £510,414 |
| Maximum cost in the last six months | £525,924 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,510 |
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 £15,510 more.
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