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Unique Opportunity! Bi-family house with profitability potential Characteristics of the House: Comprising ground floor and 1st floor - Ground floor: 4 bedrooms, 2 bathrooms, kitchen, living room and access to a closed garage for one car - 1st Floor: 2 bedrooms with access to a west-facing balcony,
Peniche, Leiria, Portugal
REF: 799413
€340,000
Description
Unique Opportunity! Bi-family house with profitability potential Characteristics of the House: Comprising ground floor and 1st floor - Ground floor: 4 bedrooms, 2 bathrooms, kitchen, living room and access to a closed garage for one car - 1st Floor: 2 bedrooms with access to a west-facing balcony, living room with bar, 2 bathrooms and a kitchen Improvements Made: -Improvement works including thermal insulation, ensuring comfort and energy efficiency Profitability Potential: - The ground floor was monetized through Airbnb, with occupation throughout the year. - Excellent opportunity for investment or multifamily housing Strategic location: - Just 10 minutes from the beaches and 15 minutes from Peniche - Located 10 minutes from Lourinhã, with easy access to local amenities This is an unmissable opportunity for investors or families looking for a home with profitability potential. Schedule a visit now and don't miss out on this unique opportunity! All information presented is not binding and does not require confirmation by the mediator, as well as consultation of the property documentation* Created in France in 2008, Iad was born from an innovative model that expands the traditional concept of a real estate agency, promoting a close relationship between the consultant and the client. The success of the Iad group is reflected in thousands of consultants, online properties and completed businesses. Iad is a digital and dynamic real estate agency based on professionalism and transparency. As an independent real estate consultant, I have the autonomy to manage my schedule, guaranteeing you personalized support at every stage of the process and a quality service at the best price. #ref: 113975
Unique Opportunity! Bi-family house with profitability potential Characteristics of the House: Comprising ground floor and 1st floor - Ground floor: 4 bedrooms, 2 bathrooms, kitchen, living room and access to a closed garage for one car - 1st Floor: 2 bedrooms with access to a west-facing balcony, living room with bar, 2 bathrooms and a kitchen Improvements Made: -Improvement works including thermal insulation, ensuring comfort and energy efficiency Profitability Potential: - The ground floor was monetized through Airbnb, with occupation throughout the year. - Excellent opportunity for investment or multifamily housing Strategic location: - Just 10 minutes from the beaches and 15 minutes from Peniche - Located 10 minutes from Lourinhã, with easy access to local amenities This is an unmissable opportunity for investors or families looking for a home with profitability potential. Schedule a visit now and don't miss out on this unique opportunity! All information presented is not binding and does not require confirmation by the mediator, as well as consultation of the property documentation* Created in France in 2008, Iad was born from an innovative model that expands the traditional concept of a real estate agency, promoting a close relationship between the consultant and the client. The success of the Iad group is reflected in thousands of consultants, online properties and completed businesses. Iad is a digital and dynamic real estate agency based on professionalism and transparency. As an independent real estate consultant, I have the autonomy to manage my schedule, guaranteeing you personalized support at every stage of the process and a quality service at the best price. #ref: 113975
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Currency Exchange
Peniche, Leiria, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £289,235 | £298,024 | £8,789 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £289,235 |
| Maximum cost in the last six months | £298,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,789 |
Peniche, Leiria, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £289,235 | £298,024 | £8,789 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £289,235 |
| Maximum cost in the last six months | £298,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,789 |
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 £8,789 more.
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