6-bedroom property with a backyard in the beautiful Espinhal mountains

Penela, Coimbra, Portugal

For Sale

€150,000

REF: 963578 €150,000


6

4

395 m2

5555 m2

Description

6-bedroom property with a backyard in the beautiful Espinhal mountains. It is located 8 minutes from the town of Espinhal, with extraordinary views over the green valley and the mountains. Surrounded by forests of oaks, strawberry trees and laurels, where the singing of birds and the sound of water rushing through the stream are a striking feature! This property consists of 3 houses: - The first in ruin, for total rehabilitation; - The second comprises a ground floor, a ground floor and a magnificent terrace with views of the sea and the city of Figueira da Foz.

We enter a hall with direct access to a lounge with a beautiful fireplace. On the ground floor, there is also a bedroom/office, utility room and bathroom. We go up to the first floor, where we find a large kitchen with a fireplace and access to a balcony where we can see the splendour of the mountains, as well as access to the back of the house, where we find a terrace with access to the backyard.

On this level we also have a full bathroom and two bedrooms. The house has been vacant for many years and needs some maintenance and improvements, but nothing structural. - Back on the street we enter the third house, with two entrances: one to the hall, the other to a staircase leading to the first floor.

On the ground floor, after crossing the hall, on the right is a large dining/living room with a fireplace, a spacious space, very well designed. At the top of the hall is a large kitchen, not fitted, and a bathroom. We go up to the first floor and find a magnificent glazed room where the views ‘fill’ our hearts.

Sublime! Also awaiting us on this first floor are three bedrooms, a bathroom and access to the backyard and small terrace. Both houses have aluminium windows and exterior shutters (on the second house). This third house is also in need of some maintenance and renovation work. It should be noted that the houses are adjoining, but have no interior connection between them, but an access could easily be created if necessary, as the wall separating them is common.

By opening up a connection, you can easily turn these houses into a large family home, or you can just live in one of the houses and monetise the other. It's also important to note that the area is highly sought after for rentals, due to its local beauty, proximity to the Louçainha river beach, Pedra da Ferida waterfall, walkways, trails, viewpoints and, above all, an area free from pollution and crime.

This property is unique and very special! Property description: - 395 square metres of gross construction area - 5 555 square metres of total land area Features: - 6 bedrooms - 2 unequipped kitchens - 4 bathrooms - 3 living rooms - 2 terraces - Large plot of land First house (ruin): 80 square metres Second house: 166 square metres Third house: 197 square metres Relevant distances: - Village of Espinhal 5 km away - Motorway 6 km away - City of Coimbra 25 km away - Lisbon 200 km away - Porto 150 km away #ref: 141232
6-bedroom property with a backyard in the beautiful Espinhal mountains. It is located 8 minutes from the town of Espinhal, with extraordinary views over the green valley and the mountains. Surrounded by forests of oaks, strawberry trees and laurels, where the singing of birds and the sound of water rushing through the stream are a striking feature! This property consists of 3 houses: - The first in ruin, for total rehabilitation; - The second comprises a ground floor, a ground floor and a magnificent terrace with views of the sea and the city of Figueira da Foz.

We enter a hall with direct access to a lounge with a beautiful fireplace. On the ground floor, there is also a bedroom/office, utility room and bathroom. We go up to the first floor, where we find a large kitchen with a fireplace and access to a balcony where we can see the splendour of the mountains, as well as access to the back of the house, where we find a terrace with access to the backyard.

On this level we also have a full bathroom and two bedrooms. The house has been vacant for many years and needs some maintenance and improvements, but nothing structural. - Back on the street we enter the third house, with two entrances: one to the hall, the other to a staircase leading to the first floor.

On the ground floor, after crossing the hall, on the right is a large dining/living room with a fireplace, a spacious space, very well designed. At the top of the hall is a large kitchen, not fitted, and a bathroom. We go up to the first floor and find a magnificent glazed room where the views ‘fill’ our hearts.

Sublime! Also awaiting us on this first floor are three bedrooms, a bathroom and access to the backyard and small terrace. Both houses have aluminium windows and exterior shutters (on the second house). This third house is also in need of some maintenance and renovation work. It should be noted that the houses are adjoining, but have no interior connection between them, but an access could easily be created if necessary, as the wall separating them is common.

By opening up a connection, you can easily turn these houses into a large family home, or you can just live in one of the houses and monetise the other. It's also important to note that the area is highly sought after for rentals, due to its local beauty, proximity to the Louçainha river beach, Pedra da Ferida waterfall, walkways, trails, viewpoints and, above all, an area free from pollution and crime.

This property is unique and very special! Property description: - 395 square metres of gross construction area - 5 555 square metres of total land area Features: - 6 bedrooms - 2 unequipped kitchens - 4 bathrooms - 3 living rooms - 2 terraces - Large plot of land First house (ruin): 80 square metres Second house: 166 square metres Third house: 197 square metres Relevant distances: - Village of Espinhal 5 km away - Motorway 6 km away - City of Coimbra 25 km away - Lisbon 200 km away - Porto 150 km away #ref: 141232
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Property on Map

#141232

Currency Exchange

Penela, Coimbra, 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 €150,000 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
€150,000 £123,585 £130,214 £6,629
Property Price € €150,000
Minimum cost in the last six months £123,585
Maximum cost in the last six months £130,214
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,629

Penela, Coimbra, 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 €150,000 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
€150,000 £123,585 £130,214 £6,629
Property Price € €150,000
Minimum cost in the last six months £123,585
Maximum cost in the last six months £130,214
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,629

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 £6,629 more.

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