PENAS ROIAS A town and county seat, it belonged to the Crown until the beginning of the 13th century and was donated by King Sancho I to the Order of the Knights Templar

Mogadouro, Bragança, Portugal

For Sale

€70,000

REF: 899155 €70,000


3

1

227 m2

354 m2

Description

PENAS ROIAS A town and county seat, it belonged to the Crown until the beginning of the 13th century and was donated by King Sancho I to the Order of the Knights Templar. Its heritage includes the Mother Church of medieval origin, the Castle of Penas Roias, built by King Afonso Henriques in 1166 to defend the town, Monóptero (a shrine in honour of Saint Gonçalo), Fraga da Letra, the Chapels of Misericórdia, Nossa Senhora das Dores and Santa Cruz.

Residential building located in the parish of Penas Róias, in the municipality of Mogadouro, comprising two floors: A basement floor dedicated to garage and a residential floor on the ground floor, comprising a kitchen, a living room, a toilet, a distribution area and two bedrooms. #ref: 128502
PENAS ROIAS A town and county seat, it belonged to the Crown until the beginning of the 13th century and was donated by King Sancho I to the Order of the Knights Templar. Its heritage includes the Mother Church of medieval origin, the Castle of Penas Roias, built by King Afonso Henriques in 1166 to defend the town, Monóptero (a shrine in honour of Saint Gonçalo), Fraga da Letra, the Chapels of Misericórdia, Nossa Senhora das Dores and Santa Cruz.

Residential building located in the parish of Penas Róias, in the municipality of Mogadouro, comprising two floors: A basement floor dedicated to garage and a residential floor on the ground floor, comprising a kitchen, a living room, a toilet, a distribution area and two bedrooms. #ref: 128502
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Property on Map

#128502

Currency Exchange

Mogadouro, Bragança, 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 €70,000 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
€70,000 £57,673 £60,766 £3,093
Property Price € €70,000
Minimum cost in the last six months £57,673
Maximum cost in the last six months £60,766
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,093

Mogadouro, Bragança, 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 €70,000 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
€70,000 £57,673 £60,766 £3,093
Property Price € €70,000
Minimum cost in the last six months £57,673
Maximum cost in the last six months £60,766
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,093

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 £3,093 more.

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