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Unmissable Bi-family House in Ramalde Excellent for living and investing Comprising a T4 and a T2 on a 200m² plot The T4 house is renovated, ready to move into
Porto, Porto, Portugal
REF: 811347
€465,000
Description
Unmissable Bi-family House in Ramalde Excellent for living and investing Comprising a T4 and a T2 on a 200m² plot The T4 house is renovated, ready to move into. T2 for renovation, being an excellent option to monetize and rent. The villas are independent with outdoor space T4 consisting of 2 floors The ground floor consists of a common room, equipped kitchen, pantry and guest toilet. When going up the stairs, we have a skylight that gives us immense light. 4 rooms 2 bathrooms Furnished and equipped kitchen Wardrobes in bedrooms Small Closet Wooden floor Double glasses Terrace with barbecue Garden Laundry T2 The 2-bedroom house needs renovation work, however, by purchasing both, you can have a minimum return of 800 per month, which helps pay for it, or have an extra monthly income. Home Useful area 95 m² T2 2 bathrooms Pantry Courtyard Terrace Generous storage Laundry Second hand 1st floor with wooden floor Double Windows Year of Construction 1951 Energy class E Zone and Location Next to the house we have plenty of parking facilities, nearby there are all types of shops, services and schools. Distances: 1km from Norteshopping 500m Circumvallation 350m from Metro Via Rápida 100m from the STCP stop (201 and 206) 1Km Industrial zone from the port It is an opportunity to live in a house in Porto and be profitable. Unmissable! Schedule your visit #ref: 115918
Unmissable Bi-family House in Ramalde Excellent for living and investing Comprising a T4 and a T2 on a 200m² plot The T4 house is renovated, ready to move into. T2 for renovation, being an excellent option to monetize and rent. The villas are independent with outdoor space T4 consisting of 2 floors The ground floor consists of a common room, equipped kitchen, pantry and guest toilet. When going up the stairs, we have a skylight that gives us immense light. 4 rooms 2 bathrooms Furnished and equipped kitchen Wardrobes in bedrooms Small Closet Wooden floor Double glasses Terrace with barbecue Garden Laundry T2 The 2-bedroom house needs renovation work, however, by purchasing both, you can have a minimum return of 800 per month, which helps pay for it, or have an extra monthly income. Home Useful area 95 m² T2 2 bathrooms Pantry Courtyard Terrace Generous storage Laundry Second hand 1st floor with wooden floor Double Windows Year of Construction 1951 Energy class E Zone and Location Next to the house we have plenty of parking facilities, nearby there are all types of shops, services and schools. Distances: 1km from Norteshopping 500m Circumvallation 350m from Metro Via Rápida 100m from the STCP stop (201 and 206) 1Km Industrial zone from the port It is an opportunity to live in a house in Porto and be profitable. Unmissable! Schedule your visit #ref: 115918
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Currency Exchange
Porto, 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 €465,000 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 |
|---|---|---|---|
| €465,000 | £395,571 | £407,075 | £11,504 |
| Property Price € | €465,000 |
| Minimum cost in the last six months | £395,571 |
| Maximum cost in the last six months | £407,075 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,504 |
Porto, 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 €465,000 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 |
|---|---|---|---|
| €465,000 | £395,571 | £407,075 | £11,504 |
| Property Price € | €465,000 |
| Minimum cost in the last six months | £395,571 |
| Maximum cost in the last six months | £407,075 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,504 |
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 £11,504 more.
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