Prime Renovation Opportunity – Spacious T13 Property Near Rio Maior Center Explore this promising renovation project located just a 3-minute walk from the bustling center of Rio Maior

Rio Maior, Santarém, Portugal

For Sale

€199,000

REF: 923283 €199,000


8

3

226 m2

581 m2

Description

Prime Renovation Opportunity – Spacious T13 Property Near Rio Maior Center Explore this promising renovation project located just a 3-minute walk from the bustling center of Rio Maior. Set on a sizable 581 m² plot, this property features a significant 358 m² construction area across two floors, ideal for investors looking to create customized residential, rental, or commercial spaces.

Comprising 13 versatile rooms, a garage, and a garden, this property provides substantial potential to design according to your preferences and investment goals. While the entire property requires renovation, its exceptional location and generous dimensions present a unique opportunity to substantially increase its market value.

Key Highlights: Total Construction Area: 358 m² Plot Size: 581 m² Layout: 13 Rooms across Two Floors Amenities: Garage, Garden Location: Prime location, only 3 minutes' walk to Rio Maior city center Accessibility: Easy access to all local services and amenities Investment Potential: Significant renovation potential for increased value Flexible Pricing: Negotiable terms available Perfect for visionary investors seeking to capitalize on a strategic location with considerable growth potential.

Our expert team is ready to provide comprehensive support and guidance throughout your renovation project. Contact us today for more details or to schedule a viewing. We proudly offer multilingual assistance in English, Dutch, Portuguese, Spanish, French, and German. #ref: 132905
Prime Renovation Opportunity – Spacious T13 Property Near Rio Maior Center Explore this promising renovation project located just a 3-minute walk from the bustling center of Rio Maior. Set on a sizable 581 m² plot, this property features a significant 358 m² construction area across two floors, ideal for investors looking to create customized residential, rental, or commercial spaces.

Comprising 13 versatile rooms, a garage, and a garden, this property provides substantial potential to design according to your preferences and investment goals. While the entire property requires renovation, its exceptional location and generous dimensions present a unique opportunity to substantially increase its market value.

Key Highlights: Total Construction Area: 358 m² Plot Size: 581 m² Layout: 13 Rooms across Two Floors Amenities: Garage, Garden Location: Prime location, only 3 minutes' walk to Rio Maior city center Accessibility: Easy access to all local services and amenities Investment Potential: Significant renovation potential for increased value Flexible Pricing: Negotiable terms available Perfect for visionary investors seeking to capitalize on a strategic location with considerable growth potential.

Our expert team is ready to provide comprehensive support and guidance throughout your renovation project. Contact us today for more details or to schedule a viewing. We proudly offer multilingual assistance in English, Dutch, Portuguese, Spanish, French, and German. #ref: 132905
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Property on Map

#132905

Currency Exchange

Rio Maior, 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 €199,000 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
€199,000 £164,265 £172,754 £8,489
Property Price € €199,000
Minimum cost in the last six months £164,265
Maximum cost in the last six months £172,754
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,489

Rio Maior, 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 €199,000 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
€199,000 £164,265 £172,754 £8,489
Property Price € €199,000
Minimum cost in the last six months £164,265
Maximum cost in the last six months £172,754
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,489

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 £8,489 more.

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