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House with 83 square metres of gross construction area, with ground floor and first floor, a large outdoor terrace in front of the house and a small terrace next to the kitchen
Penela, Coimbra, Portugal
REF: 800719
€50,000
Description
House with 83 square metres of gross construction area, with ground floor and first floor, a large outdoor terrace in front of the house and a small terrace next to the kitchen. We climb ten steps and we're on the first terrace with excellent sun exposure and magnificent views of the medieval town and castle of Penela. The entrance door leads into a small hall and corridor that divides the private area from the social area of the house. At the entrance, on the right, there is a full bathroom with shower and window. Next are two bedrooms, one of which has a built-in wardrobe. At the end of the corridor is a large (semi-equipped) kitchen with a wood-burning cooker, gas hob, dishwasher and water heater. From the kitchen there is also access to a small terrace, ideal for summer barbecues. The house has been rebuilt, already has aluminium windows and doors and the entire floor has a cement slab covered with mosaics. In the basement of the property there are also two storage rooms and a shed ideal for sheltering a car. "Excluded from the SCE under Article 18(2)(g) of Decree-Law 101-D/2020 of 7 December." Relevant distances: - Town of Penela 6 minutes away - City of Coimbra 30 minutes away - A13 motorway 3 minutes away Very quiet location, good views and excellent sun exposure. Come and see for yourself. #ref: 114116
House with 83 square metres of gross construction area, with ground floor and first floor, a large outdoor terrace in front of the house and a small terrace next to the kitchen. We climb ten steps and we're on the first terrace with excellent sun exposure and magnificent views of the medieval town and castle of Penela. The entrance door leads into a small hall and corridor that divides the private area from the social area of the house. At the entrance, on the right, there is a full bathroom with shower and window. Next are two bedrooms, one of which has a built-in wardrobe. At the end of the corridor is a large (semi-equipped) kitchen with a wood-burning cooker, gas hob, dishwasher and water heater. From the kitchen there is also access to a small terrace, ideal for summer barbecues. The house has been rebuilt, already has aluminium windows and doors and the entire floor has a cement slab covered with mosaics. In the basement of the property there are also two storage rooms and a shed ideal for sheltering a car. "Excluded from the SCE under Article 18(2)(g) of Decree-Law 101-D/2020 of 7 December." Relevant distances: - Town of Penela 6 minutes away - City of Coimbra 30 minutes away - A13 motorway 3 minutes away Very quiet location, good views and excellent sun exposure. Come and see for yourself. #ref: 114116
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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 €50,000 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 |
|---|---|---|---|
| €50,000 | £42,535 | £43,658 | £1,123 |
| Property Price € | €50,000 |
| Minimum cost in the last six months | £42,535 |
| Maximum cost in the last six months | £43,658 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,123 |
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 €50,000 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 |
|---|---|---|---|
| €50,000 | £42,535 | £43,658 | £1,123 |
| Property Price € | €50,000 |
| Minimum cost in the last six months | £42,535 |
| Maximum cost in the last six months | £43,658 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,123 |
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 £1,123 more.
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