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Covilhã Center: an investment with soul and immediate income A stone's throw from the City Hall and a few minutes from the University of Beira Interior, this one-bedroom apartment in the heart of Covilhã is more than just a property — it's a smart, practical choice with a guaranteed return
Covilhã, Castelo Branco, Portugal
REF: 959591
€115,000
Description
Covilhã Center: an investment with soul and immediate income A stone's throw from the City Hall and a few minutes from the University of Beira Interior, this one-bedroom apartment in the heart of Covilhã is more than just a property — it's a smart, practical choice with a guaranteed return. Located on the 1st floor of a discreet building with just three units, this 40 m² apartment offers the perfect balance between comfort, functionality and profitability. It's the ideal space for a young professional, a university student or anyone who values being close to everything… but with the tranquility of a well-kept home. What you'll find here: Cozy living room with living and dining area Bedroom with closet and plenty of natural light Equipped, functional and practical kitchen Full bathroom Currently rented, generating income from day one This is the definition of a ready-to-use investment: no need for renovations, no complications and with a tenant already present. The area is highly sought after by both students and professionals, which ensures constant demand and an excellent occupancy rate. Why invest here: ✔️ Ultra-central location ✔️ Immediate income ✔️ Low maintenance costs ✔️ High potential for appreciation ✔️ Ideal for those looking to start (or strengthen) a real estate portfolio If you are looking for a solid, safe opportunity with guaranteed returns in one of the most dynamic areas of Covilhã, this could be the right step. #ref: 140430
Covilhã Center: an investment with soul and immediate income A stone's throw from the City Hall and a few minutes from the University of Beira Interior, this one-bedroom apartment in the heart of Covilhã is more than just a property — it's a smart, practical choice with a guaranteed return. Located on the 1st floor of a discreet building with just three units, this 40 m² apartment offers the perfect balance between comfort, functionality and profitability. It's the ideal space for a young professional, a university student or anyone who values being close to everything… but with the tranquility of a well-kept home. What you'll find here: Cozy living room with living and dining area Bedroom with closet and plenty of natural light Equipped, functional and practical kitchen Full bathroom Currently rented, generating income from day one This is the definition of a ready-to-use investment: no need for renovations, no complications and with a tenant already present. The area is highly sought after by both students and professionals, which ensures constant demand and an excellent occupancy rate. Why invest here: ✔️ Ultra-central location ✔️ Immediate income ✔️ Low maintenance costs ✔️ High potential for appreciation ✔️ Ideal for those looking to start (or strengthen) a real estate portfolio If you are looking for a solid, safe opportunity with guaranteed returns in one of the most dynamic areas of Covilhã, this could be the right step. #ref: 140430
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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 €115,000 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 |
|---|---|---|---|
| €115,000 | £94,927 | £99,830 | £4,904 |
| Property Price € | €115,000 |
| Minimum cost in the last six months | £94,927 |
| Maximum cost in the last six months | £99,830 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,904 |
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 €115,000 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 |
|---|---|---|---|
| €115,000 | £94,927 | £99,830 | £4,904 |
| Property Price € | €115,000 |
| Minimum cost in the last six months | £94,927 |
| Maximum cost in the last six months | £99,830 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,904 |
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 £4,904 more.
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