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Douro World Heritage Estate
Sabrosa, Vila Real, Portugal
REF: 914386
€207,000
Description
Douro World Heritage Estate. Estate in the town of Vilarinho de São Romão, in the municipality of Sabrosa, consisting of a 2-storey house and land with a total area of 3,250 m2, next to the N323 municipal road. The estate consists of land with vineyards and fruit trees and a house with a total area of 187 m2, with a Gross Construction Area of 374.00 m2, divided into 2 floors and 14 rooms. The exterior of the house has a typical Douro region design. The house consists of a living room, kitchen, 5 bedrooms and two bathrooms on the first floor, and a large store, storage room, wine cellar and garage for several cars on the ground floor. Outside and next to the house, there is also a large storage area with an access compartment at first floor level and another compartment at ground floor level to support the agricultural area. The house has central heating with radiators, and more recently all the window frames were replaced with PVC, which provides thermal and acoustic protection. However, the house needs to be refurbished in terms of its roof and interior and exterior painting. The vineyard area (rustic area), with approximately 2,000 m2, is included in the classification of the Sabrosa Municipal Master Plan, in Level II Residential Spaces, where it is possible to carry out a construction project. *At IAD we share business with any consultant or real estate agency. We promote properties on more than 250 national and international real estate portals If you are a professional in the sector and have a qualified buyer client, contact me and schedule your visit. #ref: 123513
Douro World Heritage Estate. Estate in the town of Vilarinho de São Romão, in the municipality of Sabrosa, consisting of a 2-storey house and land with a total area of 3,250 m2, next to the N323 municipal road. The estate consists of land with vineyards and fruit trees and a house with a total area of 187 m2, with a Gross Construction Area of 374.00 m2, divided into 2 floors and 14 rooms. The exterior of the house has a typical Douro region design. The house consists of a living room, kitchen, 5 bedrooms and two bathrooms on the first floor, and a large store, storage room, wine cellar and garage for several cars on the ground floor. Outside and next to the house, there is also a large storage area with an access compartment at first floor level and another compartment at ground floor level to support the agricultural area. The house has central heating with radiators, and more recently all the window frames were replaced with PVC, which provides thermal and acoustic protection. However, the house needs to be refurbished in terms of its roof and interior and exterior painting. The vineyard area (rustic area), with approximately 2,000 m2, is included in the classification of the Sabrosa Municipal Master Plan, in Level II Residential Spaces, where it is possible to carry out a construction project. *At IAD we share business with any consultant or real estate agency. We promote properties on more than 250 national and international real estate portals If you are a professional in the sector and have a qualified buyer client, contact me and schedule your visit. #ref: 123513
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Currency Exchange
Sabrosa, Vila Real, 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 €207,000 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 |
|---|---|---|---|
| €207,000 | £170,547 | £179,695 | £9,147 |
| Property Price € | €207,000 |
| Minimum cost in the last six months | £170,547 |
| Maximum cost in the last six months | £179,695 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,147 |
Sabrosa, Vila Real, 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 €207,000 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 |
|---|---|---|---|
| €207,000 | £170,547 | £179,695 | £9,147 |
| Property Price € | €207,000 |
| Minimum cost in the last six months | £170,547 |
| Maximum cost in the last six months | £179,695 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,147 |
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 £9,147 more.
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