Explore this incredible investment opportunity! This two storey building offers a unique configuration, ideal for a commercial establishment or even a residence

Coruche, Santarém, Portugal

For Sale

€180,000

REF: 913542 €180,000


2

153 m2

Description

Explore this incredible investment opportunity! This two storey building offers a unique configuration, ideal for a commercial establishment or even a residence. Situated in the historic area of Coruche, this building promises versatility and potential. On the ground floor there is a commercial space (shop) of 64m2.

On the first floor, with independent access, there is a studio of 64m² with 3 rooms and access to the 3rd floor (attic). The whole building, currently licensed for commercial use, has a project approved by the CMC for conversion into a residential building in horizontal ownership and also the possibility of 2 residential apartments or a shop and apartment. A property with many possibilities! Book your visit! Don't miss this business opportunity! #ref: 131639
Explore this incredible investment opportunity! This two storey building offers a unique configuration, ideal for a commercial establishment or even a residence. Situated in the historic area of Coruche, this building promises versatility and potential. On the ground floor there is a commercial space (shop) of 64m2.

On the first floor, with independent access, there is a studio of 64m² with 3 rooms and access to the 3rd floor (attic). The whole building, currently licensed for commercial use, has a project approved by the CMC for conversion into a residential building in horizontal ownership and also the possibility of 2 residential apartments or a shop and apartment. A property with many possibilities! Book your visit! Don't miss this business opportunity! #ref: 131639
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Property on Map

#131639

Currency Exchange

Coruche, Santarém, 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 €180,000 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
€180,000 £148,581 £156,256 £7,675
Property Price € €180,000
Minimum cost in the last six months £148,581
Maximum cost in the last six months £156,256
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,675

Coruche, Santarém, 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 €180,000 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
€180,000 £148,581 £156,256 £7,675
Property Price € €180,000
Minimum cost in the last six months £148,581
Maximum cost in the last six months £156,256
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,675

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 £7,675 more.

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