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Amarante - CASA RIBEIRINHO Local Accommodation A historic house in the heart of Amarante, offering a fantastic view of the Tmega River
Amarante, Porto, Portugal
REF: 944511
€1,300,000
Description
Amarante - CASA RIBEIRINHO Local Accommodation A historic house in the heart of Amarante, offering a fantastic view of the Tmega River. With a total construction area of 590m², it features 7 suites, a one-bedroom apartment (T1), and 2 bungalows on the remaining property. Decorated with antique furniture and objects but equipped with modern amenities. It also has an outdoor pool, which, along with leisure areas, invites visitors to total relaxation. For added convenience, it offers some parking spaces. Currently in operation and highly rated on Booking.com and other reservation platforms, this property presents an excellent business opportunity with a loyal customer base. More specific information about the business activity is available upon request. One of its greatest advantages is its privileged location, allowing guests to explore the entire city without needing any transportation. Located less than an hour from Porto Airport. Operating since 2018. Booking.com rating - 8.9. Great investment opportunity!! #ref: 137679
Amarante - CASA RIBEIRINHO Local Accommodation A historic house in the heart of Amarante, offering a fantastic view of the Tmega River. With a total construction area of 590m², it features 7 suites, a one-bedroom apartment (T1), and 2 bungalows on the remaining property. Decorated with antique furniture and objects but equipped with modern amenities. It also has an outdoor pool, which, along with leisure areas, invites visitors to total relaxation. For added convenience, it offers some parking spaces. Currently in operation and highly rated on Booking.com and other reservation platforms, this property presents an excellent business opportunity with a loyal customer base. More specific information about the business activity is available upon request. One of its greatest advantages is its privileged location, allowing guests to explore the entire city without needing any transportation. Located less than an hour from Porto Airport. Operating since 2018. Booking.com rating - 8.9. Great investment opportunity!! #ref: 137679
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Currency Exchange
Amarante, Porto, 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 €1,300,000 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 |
|---|---|---|---|
| €1,300,000 | £1,071,070 | £1,128,517 | £57,447 |
| Property Price € | €1,300,000 |
| Minimum cost in the last six months | £1,071,070 |
| Maximum cost in the last six months | £1,128,517 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £57,447 |
Amarante, Porto, 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 €1,300,000 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 |
|---|---|---|---|
| €1,300,000 | £1,071,070 | £1,128,517 | £57,447 |
| Property Price € | €1,300,000 |
| Minimum cost in the last six months | £1,071,070 |
| Maximum cost in the last six months | £1,128,517 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £57,447 |
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 £57,447 more.
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