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Fantastic house with great renovation potential, on a 450 m² plot, with 397 m² of construction area, plus over 300 m² of outdoor space
Lisboa, Lisboa, Portugal
REF: 961878
€940,000
Description
Fantastic house with great renovation potential, on a 450 m² plot, with 397 m² of construction area, plus over 300 m² of outdoor space. Located in a calm and quiet area near the Olivais Shopping Center, this setting offers the possibility to develop your own dream home project in Lisbon. This detached 3-story house includes a basement, ground floor, and first floor (with access to the attic), and features: • Terraces • Garage GROUND FLOOR • 2 large living rooms • Kitchen with pantry and dining area • Bathroom • Laundry room 1st FLOOR • 4 bedrooms • 2 bathrooms • Terraces BASEMENT • Spacious room with direct access to the garden • Kitchenette • Bathroom Located near Parque das Nações and surrounded by extensive green areas, this property is close to all kinds of shops, services, and local commerce such as Pingo Doce, Lidl, Spacio Shopping Center (Olivais Mall), post office, pharmacy, public and private schools. It also has excellent access to major roadways (A1, A8, IC2, 2ª Circular), and is near the Encarnação and Olivais metro stations, as well as other public transportation. >>> To schedule a visit, contact Marta Mimoso // (+351) 912 583 120 (available via WhatsApp) #ref: 140877
Fantastic house with great renovation potential, on a 450 m² plot, with 397 m² of construction area, plus over 300 m² of outdoor space. Located in a calm and quiet area near the Olivais Shopping Center, this setting offers the possibility to develop your own dream home project in Lisbon. This detached 3-story house includes a basement, ground floor, and first floor (with access to the attic), and features: • Terraces • Garage GROUND FLOOR • 2 large living rooms • Kitchen with pantry and dining area • Bathroom • Laundry room 1st FLOOR • 4 bedrooms • 2 bathrooms • Terraces BASEMENT • Spacious room with direct access to the garden • Kitchenette • Bathroom Located near Parque das Nações and surrounded by extensive green areas, this property is close to all kinds of shops, services, and local commerce such as Pingo Doce, Lidl, Spacio Shopping Center (Olivais Mall), post office, pharmacy, public and private schools. It also has excellent access to major roadways (A1, A8, IC2, 2ª Circular), and is near the Encarnação and Olivais metro stations, as well as other public transportation. >>> To schedule a visit, contact Marta Mimoso // (+351) 912 583 120 (available via WhatsApp) #ref: 140877
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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 €940,000 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 |
|---|---|---|---|
| €940,000 | £774,466 | £816,005 | £41,539 |
| Property Price € | €940,000 |
| Minimum cost in the last six months | £774,466 |
| Maximum cost in the last six months | £816,005 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £41,539 |
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 €940,000 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 |
|---|---|---|---|
| €940,000 | £774,466 | £816,005 | £41,539 |
| Property Price € | €940,000 |
| Minimum cost in the last six months | £774,466 |
| Maximum cost in the last six months | £816,005 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £41,539 |
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 £41,539 more.
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