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House in the Douro World Heritage Site
Sabrosa, Vila Real, Portugal
REF: 941914
€194,000
Description
House in the Douro World Heritage Site. House T4 with land in the town of Vilarinho de São Romão, in the Municipality of Sabrosa with a total area of 691 m2, next to the Municipal road N323. The villa has a Gross Construction Area of 358.00 m2, divided over 2 floors plus annexes with a total of 13 compartments. The house consists of an entrance hall with a small living room, dining room, 3 bedrooms, two bathrooms and a kitchen with a balcony overlooking the backyard. On the ground floor, which is independent in terms of use, it comprises a distribution hall, living room and interior storage, bedroom, a bathroom and kitchen with access to the backyard. Externally there is also an annex measuring 60 m2, which is also registered, with a kitchen plus two covered storage rooms and 1 bathroom with shower. The backyard, measuring around 470 m2, is fenced and has a tank with running mine water and a covered space where there is a wood burning stove. #ref: 132564
House in the Douro World Heritage Site. House T4 with land in the town of Vilarinho de São Romão, in the Municipality of Sabrosa with a total area of 691 m2, next to the Municipal road N323. The villa has a Gross Construction Area of 358.00 m2, divided over 2 floors plus annexes with a total of 13 compartments. The house consists of an entrance hall with a small living room, dining room, 3 bedrooms, two bathrooms and a kitchen with a balcony overlooking the backyard. On the ground floor, which is independent in terms of use, it comprises a distribution hall, living room and interior storage, bedroom, a bathroom and kitchen with access to the backyard. Externally there is also an annex measuring 60 m2, which is also registered, with a kitchen plus two covered storage rooms and 1 bathroom with shower. The backyard, measuring around 470 m2, is fenced and has a tank with running mine water and a covered space where there is a wood burning stove. #ref: 132564
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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 €194,000 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 |
|---|---|---|---|
| €194,000 | £159,837 | £168,409 | £8,573 |
| Property Price € | €194,000 |
| Minimum cost in the last six months | £159,837 |
| Maximum cost in the last six months | £168,409 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,573 |
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 €194,000 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 |
|---|---|---|---|
| €194,000 | £159,837 | £168,409 | £8,573 |
| Property Price € | €194,000 |
| Minimum cost in the last six months | £159,837 |
| Maximum cost in the last six months | £168,409 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,573 |
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 £8,573 more.
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