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1-Bedroom in Alfama – READY TO MOVE IN OR RENT OUT Discover the charm of Alfama in Lisbon and enjoy the authentic Lisbon lifestyle in this small and charming apartment, fully furnished and equipped, nestled in the heart of Alfama, the most traditional and picturesque neighborhood of the Portuguese
Lisboa, Lisboa, Portugal
REF: 961227
€240,000
Description
1-Bedroom in Alfama – READY TO MOVE IN OR RENT OUT Discover the charm of Alfama in Lisbon and enjoy the authentic Lisbon lifestyle in this small and charming apartment, fully furnished and equipped, nestled in the heart of Alfama, the most traditional and picturesque neighborhood of the Portuguese capital. Located on the 1st floor of a historic building with no elevator, this cozy 40 m² apartment offers: • Small living room with open kitchen • Bedroom with window • Versatile interior room • Modern bathroom • INVESTMENT POTENTIAL This property represents an excellent opportunity for investors. With a confirmed rental income of €950/month and a sale price of €240,000, it offers a gross annual return of 4.75%. A solid investment in one of Lisbon’s most iconic neighborhoods—ideal for those seeking immediate return and long-term value, whether for long-term rental or as a primary residence with rental potential. • DETAILS THAT MAKE A DIFFERENCE With tasteful, contemporary décor, this space is perfect for those seeking comfort and simplicity. Double-glazed windows for thermal and acoustic insulation False ceilings with recessed lighting for a modern, elegant feel Wooden flooring for added warmth and style • BUILDING Traditional-style building, renovated in 2018 • PARKING Just a 6-minute walk from the Portas do Sol Parking, which offers monthly passes. • LOCATION & SURROUNDINGS Located on Rua de Santo Estêvão, near Rua dos Remédios. A historic setting close to: • Museums and cultural centers (Fado Museum, José Saramago Foundation) • Santo Estêvão Viewpoint (100 m), Jardim do Tabaco (400 m) • Public transport: Tram 28, buses, and Santa Apolónia train/metro station nearby • ISPA – University Institute just a 7-minute walk away • Traditional shops, restaurants, cafés, and local bakeries • Fado and culture at your doorstep – a true Lisbon experience • VISITS & MORE INFORMATION Maria Lourenço | iad Portugal #ref: 140278
1-Bedroom in Alfama – READY TO MOVE IN OR RENT OUT Discover the charm of Alfama in Lisbon and enjoy the authentic Lisbon lifestyle in this small and charming apartment, fully furnished and equipped, nestled in the heart of Alfama, the most traditional and picturesque neighborhood of the Portuguese capital. Located on the 1st floor of a historic building with no elevator, this cozy 40 m² apartment offers: • Small living room with open kitchen • Bedroom with window • Versatile interior room • Modern bathroom • INVESTMENT POTENTIAL This property represents an excellent opportunity for investors. With a confirmed rental income of €950/month and a sale price of €240,000, it offers a gross annual return of 4.75%. A solid investment in one of Lisbon’s most iconic neighborhoods—ideal for those seeking immediate return and long-term value, whether for long-term rental or as a primary residence with rental potential. • DETAILS THAT MAKE A DIFFERENCE With tasteful, contemporary décor, this space is perfect for those seeking comfort and simplicity. Double-glazed windows for thermal and acoustic insulation False ceilings with recessed lighting for a modern, elegant feel Wooden flooring for added warmth and style • BUILDING Traditional-style building, renovated in 2018 • PARKING Just a 6-minute walk from the Portas do Sol Parking, which offers monthly passes. • LOCATION & SURROUNDINGS Located on Rua de Santo Estêvão, near Rua dos Remédios. A historic setting close to: • Museums and cultural centers (Fado Museum, José Saramago Foundation) • Santo Estêvão Viewpoint (100 m), Jardim do Tabaco (400 m) • Public transport: Tram 28, buses, and Santa Apolónia train/metro station nearby • ISPA – University Institute just a 7-minute walk away • Traditional shops, restaurants, cafés, and local bakeries • Fado and culture at your doorstep – a true Lisbon experience • VISITS & MORE INFORMATION Maria Lourenço | iad Portugal #ref: 140278
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Currency Exchange
Lisboa, Lisboa, 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 €240,000 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 |
|---|---|---|---|
| €240,000 | £197,736 | £208,342 | £10,606 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £197,736 |
| Maximum cost in the last six months | £208,342 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,606 |
Lisboa, Lisboa, 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 €240,000 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 |
|---|---|---|---|
| €240,000 | £197,736 | £208,342 | £10,606 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £197,736 |
| Maximum cost in the last six months | £208,342 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,606 |
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 £10,606 more.
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