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Are you looking for an investment with solid and promising potential? We are pleased to present you with an incredible building in the heart of Sátão, a true treasure trove of opportunities
Sátão, Viseu, Portugal
REF: 817228
€350,000
Description
Are you looking for an investment with solid and promising potential? We are pleased to present you with an incredible building in the heart of Sátão, a true treasure trove of opportunities. This spacious building not only offers generous residential space, but also the convenience of being next to schools, cinemas, and a variety of shops, complemented by two active businesses to ensure immediate returns. The privileged location increases the potential for business success and property appreciation. With a total area of 485m2, this building can easily be divided into four potential spacious T2-type houses. It offers flexibility for investors looking for long-term rentals, the sale of individual units, or even for owner-occupation with space to accommodate large families. In addition to residential space, the building features two active businesses: a snack bar and a barber shop. These established establishments not only provide an additional source of income but also increase the attractiveness of the building as a central location for residents and local customers. The building includes a garage with space for two cars, offering convenience and security for residents. Additionally, there is an attic and a basement, both with potential for future development, either to expand the residential area or create additional spaces for businesses. Works are expected. With projects to be carried out at the housing level, you have the opportunity to customize and further enhance this space according to your needs and vision. If you're looking for a solid and versatile investment offering multiple income sources and significant appreciation potential, this building in the center of Sátão is the perfect choice for you. Don't miss this opportunity to be part of a venture that promises impressive returns! Contact me today for more details and to schedule a visit! #ref: 117276
Are you looking for an investment with solid and promising potential? We are pleased to present you with an incredible building in the heart of Sátão, a true treasure trove of opportunities. This spacious building not only offers generous residential space, but also the convenience of being next to schools, cinemas, and a variety of shops, complemented by two active businesses to ensure immediate returns. The privileged location increases the potential for business success and property appreciation. With a total area of 485m2, this building can easily be divided into four potential spacious T2-type houses. It offers flexibility for investors looking for long-term rentals, the sale of individual units, or even for owner-occupation with space to accommodate large families. In addition to residential space, the building features two active businesses: a snack bar and a barber shop. These established establishments not only provide an additional source of income but also increase the attractiveness of the building as a central location for residents and local customers. The building includes a garage with space for two cars, offering convenience and security for residents. Additionally, there is an attic and a basement, both with potential for future development, either to expand the residential area or create additional spaces for businesses. Works are expected. With projects to be carried out at the housing level, you have the opportunity to customize and further enhance this space according to your needs and vision. If you're looking for a solid and versatile investment offering multiple income sources and significant appreciation potential, this building in the center of Sátão is the perfect choice for you. Don't miss this opportunity to be part of a venture that promises impressive returns! Contact me today for more details and to schedule a visit! #ref: 117276
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Currency Exchange
Sátão, Viseu, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £297,742 | £306,401 | £8,659 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £297,742 |
| Maximum cost in the last six months | £306,401 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,659 |
Sátão, Viseu, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £297,742 | £306,401 | £8,659 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £297,742 |
| Maximum cost in the last six months | £306,401 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,659 |
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 £8,659 more.
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