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PALÁCIO NOVA SEARA, is a historic building from the 19th century, elegant, with colorful tile details, and is currently a tourist accommodation, restored in 2009, in the center of the village of Armamar, Land of Emotions and capital of the delicious Maça de Montanha
Armamar, Viseu, Portugal
REF: 818778
€950,000
Description
PALÁCIO NOVA SEARA, is a historic building from the 19th century, elegant, with colorful tile details, and is currently a tourist accommodation, restored in 2009, in the center of the village of Armamar, Land of Emotions and capital of the delicious Maça de Montanha. This beautiful building is located in the traditional urban fabric of Armamar, in the Douro demarcated region, a World Heritage Site. It has a gross private area of 1093 m2 and a land area of 804 m2. With a covered area of 322 m2, consisting of ground floor and three further floors. It has an outdoor area of 482 m2, with two large terraces, one on the 1st floor and 2nd floor, intended for common use. It has access, via fixed stairs, to all floors and also by elevator to the 2nd floor and 3rd floor, for the well-being, comfort and safety of guests. PALÁCIO NOVA SEARA has nine independent, economical and spacious double rooms, with private bathroom, in a beautiful, quiet and safe location. All rooms have private access to common parts of the building. PALÁCIO NOVA SEARA has a modern auditorium, with 115 seats, fully equipped for holding various events. The proximity to various amenities and points of interest, such as restaurants, traditional Douro wineries and the Douro riverside, makes Palácio Nova Seara a convenient choice for travelers wishing to explore the region's rich gastronomy, wines and cultural heritage. . With easy access to nearby cities such as Peso da Régua, Vila Real and Lamego, as well as the motorway, A24 and Porto International Airport, Palácio Nova Seara offers an ideal base for exploring the Douro and its surroundings. #ref: 117562
PALÁCIO NOVA SEARA, is a historic building from the 19th century, elegant, with colorful tile details, and is currently a tourist accommodation, restored in 2009, in the center of the village of Armamar, Land of Emotions and capital of the delicious Maça de Montanha. This beautiful building is located in the traditional urban fabric of Armamar, in the Douro demarcated region, a World Heritage Site. It has a gross private area of 1093 m2 and a land area of 804 m2. With a covered area of 322 m2, consisting of ground floor and three further floors. It has an outdoor area of 482 m2, with two large terraces, one on the 1st floor and 2nd floor, intended for common use. It has access, via fixed stairs, to all floors and also by elevator to the 2nd floor and 3rd floor, for the well-being, comfort and safety of guests. PALÁCIO NOVA SEARA has nine independent, economical and spacious double rooms, with private bathroom, in a beautiful, quiet and safe location. All rooms have private access to common parts of the building. PALÁCIO NOVA SEARA has a modern auditorium, with 115 seats, fully equipped for holding various events. The proximity to various amenities and points of interest, such as restaurants, traditional Douro wineries and the Douro riverside, makes Palácio Nova Seara a convenient choice for travelers wishing to explore the region's rich gastronomy, wines and cultural heritage. . With easy access to nearby cities such as Peso da Régua, Vila Real and Lamego, as well as the motorway, A24 and Porto International Airport, Palácio Nova Seara offers an ideal base for exploring the Douro and its surroundings. #ref: 117562
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Currency Exchange
Armamar, 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 €950,000 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 |
|---|---|---|---|
| €950,000 | £808,156 | £831,659 | £23,503 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £808,156 |
| Maximum cost in the last six months | £831,659 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,503 |
Armamar, 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 €950,000 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 |
|---|---|---|---|
| €950,000 | £808,156 | £831,659 | £23,503 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £808,156 |
| Maximum cost in the last six months | £831,659 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,503 |
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 £23,503 more.
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