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New apartment, located in a 3-storey building with 5 apartments, storage and parking space
Matosinhos, Porto, Portugal
REF: 961228
€265,000
Description
New apartment, located in a 3-storey building with 5 apartments, storage and parking space. Building with elevator. Single unit on the 1st floor, with private entrance. 58m2 of usable area + 22m2 of dependent area. Comprising a large open-plan living room and kitchen, laundry room, bedroom and full bathroom. 2 balconies and 3 huge windows with tilt and turn opening, which makes it extremely bright. Double glazing and blackout blinds. Equipped kitchen. Built-in wardrobes in the living room, bedroom and hallway/bedroom-bathroom, with plenty of storage. Part of the built-in wardrobe in the living room has been converted into an office, with a desk. It also has a storage room in the basement and a parking space. Located in a quiet area of Leça da Palmeira, 2 steps from the beach, secondary schools and various services. There is a bus stop 50 meters from the entrance to the building - 105 and 105N Pre-installation of air conditioning in all rooms. Finished and registered a year ago, in April 2024, it is completely new, with very little use. #ref: 140145
New apartment, located in a 3-storey building with 5 apartments, storage and parking space. Building with elevator. Single unit on the 1st floor, with private entrance. 58m2 of usable area + 22m2 of dependent area. Comprising a large open-plan living room and kitchen, laundry room, bedroom and full bathroom. 2 balconies and 3 huge windows with tilt and turn opening, which makes it extremely bright. Double glazing and blackout blinds. Equipped kitchen. Built-in wardrobes in the living room, bedroom and hallway/bedroom-bathroom, with plenty of storage. Part of the built-in wardrobe in the living room has been converted into an office, with a desk. It also has a storage room in the basement and a parking space. Located in a quiet area of Leça da Palmeira, 2 steps from the beach, secondary schools and various services. There is a bus stop 50 meters from the entrance to the building - 105 and 105N Pre-installation of air conditioning in all rooms. Finished and registered a year ago, in April 2024, it is completely new, with very little use. #ref: 140145
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Currency Exchange
Matosinhos, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £218,334 | £230,044 | £11,710 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £218,334 |
| Maximum cost in the last six months | £230,044 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,710 |
Matosinhos, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £218,334 | £230,044 | £11,710 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £218,334 |
| Maximum cost in the last six months | £230,044 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,710 |
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 £11,710 more.
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