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️ In the heart of Covilhã: an urban retreat with profitability in sight
Covilhã, Castelo Branco, Portugal
REF: 959588
€80,000
Description
️ In the heart of Covilhã: an urban retreat with profitability in sight. Imagine living just steps away from everything. The City Hall, the historic center, cafés with terraces, the University of Beira Interior—all within a 5-minute walk. This 0-bedroom apartment, located on the 3rd floor of a building in the center of Covilhã, is compact, functional, and fully furnished. With 34 m² of well-distributed space, it offers a cozy and practical space, ideal for a young professional, student, or even for urban accommodations. With panoramic views of Covilhã, in a peaceful setting despite its central location, this property stands out for its versatility and strong profitability potential. The constant demand for accommodation in Covilhã—whether by university students, early-career professionals, or local companies—makes this apartment an excellent opportunity for those looking to invest wisely in a growing university city. This is the type of investment that combines: ✔️ Prime location ✔️ Excellent profitability potential ✔️ Low maintenance costs ✔️ Medium-term appreciation potential If you're looking for a solid asset in a strategic location with high income potential, this studio apartment may be just what you're looking for. #ref: 140434
️ In the heart of Covilhã: an urban retreat with profitability in sight. Imagine living just steps away from everything. The City Hall, the historic center, cafés with terraces, the University of Beira Interior—all within a 5-minute walk. This 0-bedroom apartment, located on the 3rd floor of a building in the center of Covilhã, is compact, functional, and fully furnished. With 34 m² of well-distributed space, it offers a cozy and practical space, ideal for a young professional, student, or even for urban accommodations. With panoramic views of Covilhã, in a peaceful setting despite its central location, this property stands out for its versatility and strong profitability potential. The constant demand for accommodation in Covilhã—whether by university students, early-career professionals, or local companies—makes this apartment an excellent opportunity for those looking to invest wisely in a growing university city. This is the type of investment that combines: ✔️ Prime location ✔️ Excellent profitability potential ✔️ Low maintenance costs ✔️ Medium-term appreciation potential If you're looking for a solid asset in a strategic location with high income potential, this studio apartment may be just what you're looking for. #ref: 140434
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Currency Exchange
Covilhã, Castelo Branco, 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 €80,000 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 |
|---|---|---|---|
| €80,000 | £66,036 | £69,447 | £3,411 |
| Property Price € | €80,000 |
| Minimum cost in the last six months | £66,036 |
| Maximum cost in the last six months | £69,447 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,411 |
Covilhã, Castelo Branco, 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 €80,000 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 |
|---|---|---|---|
| €80,000 | £66,036 | £69,447 | £3,411 |
| Property Price € | €80,000 |
| Minimum cost in the last six months | £66,036 |
| Maximum cost in the last six months | £69,447 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,411 |
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 £3,411 more.
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