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Sweet two-bedroom apartment in the heart of Setúbal in the quiet residential neighborhood of Amoreiras
Setúbal, Setúbal, Portugal
REF: 825618
€175,000
Description
Sweet two-bedroom apartment in the heart of Setúbal in the quiet residential neighborhood of Amoreiras. Within walking distance of Vanicelos park, Bonfim park restaurants, and cafes, shopping, and even the padel academy, it is the ideal location for a permanent residence or a rental investment. There are several local bus lines taking you downtown to Avenida Luisa Todi and the Mercado da Livramento. The apartment is on the ground floor and the entrance is at the back of the building ensuring peace and tranquility. This unique set-up means one can live with the door open all day and even set a small table and chairs outside. There are no passers-by. Fully renovated with double-glazed windows and a fully equipped kitchen with clothes washer/dryer, dishwasher, stove and exhaust fan, oven, microwave oven and fridge, all you really need to do is move in. Although it is on the ground floor, it is surprisingly bright and airy. The building itself is clean and well-maintained, there is an organised home-owners association. The condominium fee is low at 38 euros per month (25 euros plus 13 euros reserve fund) and the property taxes are equally low at circa 100 euros per year. In a few short years, Setúbal has appeared on everyones radar as a lovely user-friendly walkable town with one of the best markets in the area, a beach, great restaurants, art, music and to top it all, a welcoming and warm expat community whose aim is to make all newcomers feel at home while investing in the local businesses to help the city thrive and be active guests in our new home country. Buy with confidence: IAD is a digital real estate agency that is committed to delivering the best service wherever you may be, based on the values of professionalism and transparency. Founded in France in 2008, IAD developed an innovative model that breaks with the traditional concept of real estate agency, fostering a close relationship between agent and customer. The success of the iad group is reflected in thousands of agents, online properties, and closed deals. For a visit or walk-through, do not hesitate to contact me now at: Della Meyers +351 963 298 210 +33 6 62 90 26 49 [email protected] AMI 11220 #ref: 118336
Sweet two-bedroom apartment in the heart of Setúbal in the quiet residential neighborhood of Amoreiras. Within walking distance of Vanicelos park, Bonfim park restaurants, and cafes, shopping, and even the padel academy, it is the ideal location for a permanent residence or a rental investment. There are several local bus lines taking you downtown to Avenida Luisa Todi and the Mercado da Livramento. The apartment is on the ground floor and the entrance is at the back of the building ensuring peace and tranquility. This unique set-up means one can live with the door open all day and even set a small table and chairs outside. There are no passers-by. Fully renovated with double-glazed windows and a fully equipped kitchen with clothes washer/dryer, dishwasher, stove and exhaust fan, oven, microwave oven and fridge, all you really need to do is move in. Although it is on the ground floor, it is surprisingly bright and airy. The building itself is clean and well-maintained, there is an organised home-owners association. The condominium fee is low at 38 euros per month (25 euros plus 13 euros reserve fund) and the property taxes are equally low at circa 100 euros per year. In a few short years, Setúbal has appeared on everyones radar as a lovely user-friendly walkable town with one of the best markets in the area, a beach, great restaurants, art, music and to top it all, a welcoming and warm expat community whose aim is to make all newcomers feel at home while investing in the local businesses to help the city thrive and be active guests in our new home country. Buy with confidence: IAD is a digital real estate agency that is committed to delivering the best service wherever you may be, based on the values of professionalism and transparency. Founded in France in 2008, IAD developed an innovative model that breaks with the traditional concept of real estate agency, fostering a close relationship between agent and customer. The success of the iad group is reflected in thousands of agents, online properties, and closed deals. For a visit or walk-through, do not hesitate to contact me now at: Della Meyers +351 963 298 210 +33 6 62 90 26 49 [email protected] AMI 11220 #ref: 118336
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Property on Map
Currency Exchange
Setúbal, Setúbal, 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 €175,000 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 |
|---|---|---|---|
| €175,000 | £148,871 | £153,200 | £4,330 |
| Property Price € | €175,000 |
| Minimum cost in the last six months | £148,871 |
| Maximum cost in the last six months | £153,200 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,330 |
Setúbal, Setúbal, 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 €175,000 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 |
|---|---|---|---|
| €175,000 | £148,871 | £153,200 | £4,330 |
| Property Price € | €175,000 |
| Minimum cost in the last six months | £148,871 |
| Maximum cost in the last six months | £153,200 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,330 |
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 £4,330 more.
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