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In one of the most sought-after areas of Vila do Conde, stands this magnificent traditional building, which combines the timeless charm of classic architecture with the potential of a safe and multifunctional investment
Vila do Conde, Portugal
REF: 966098
€1,200,000
Description
In one of the most sought-after areas of Vila do Conde, stands this magnificent traditional building, which combines the timeless charm of classic architecture with the potential of a safe and multifunctional investment. With a privileged location, close to the Municipal Market and surrounded by shops, services and excellent access, this property is the ideal setting for both those looking for housing and those looking to develop a successful business. With a total area of 1119 m² and 528 m² of constructed area, this building is divided into two distinct and complementary components: a spacious dwelling with ten bedrooms and two bathrooms, two living rooms and two large lounges, with two kitchens, and also two highly visible commercial premises, located in a passageway area with easy access. The generous height of the ceilings in all the rooms creates a spacious, bright and welcoming atmosphere, perfect for those who value spaces with character and comfort. The living area, in excellent condition, is ready to move into, offering an excellent quality of life with spacious rooms full of natural light. The outdoor space includes a peaceful garden, ideal for moments of leisure and relaxation, a true refuge within the city, with a generous parking lot. This property is the right choice for those wishing to combine residence and investment, taking advantage of the strong commercial potential of the stores on the first floor, while enjoying the tranquillity of a home in a residential area. CHARACTERISTICS:Plot Area: 1 119 m2 | 12 045 sq ftDeployment Area: 264 m2 | 2 842 sq ftBuilding Area: 528 m2 | 5 683 sq ftBedrooms: 10Bathrooms: 4Energy efficiency: DInternationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
In one of the most sought-after areas of Vila do Conde, stands this magnificent traditional building, which combines the timeless charm of classic architecture with the potential of a safe and multifunctional investment. With a privileged location, close to the Municipal Market and surrounded by shops, services and excellent access, this property is the ideal setting for both those looking for housing and those looking to develop a successful business. With a total area of 1119 m² and 528 m² of constructed area, this building is divided into two distinct and complementary components: a spacious dwelling with ten bedrooms and two bathrooms, two living rooms and two large lounges, with two kitchens, and also two highly visible commercial premises, located in a passageway area with easy access. The generous height of the ceilings in all the rooms creates a spacious, bright and welcoming atmosphere, perfect for those who value spaces with character and comfort. The living area, in excellent condition, is ready to move into, offering an excellent quality of life with spacious rooms full of natural light. The outdoor space includes a peaceful garden, ideal for moments of leisure and relaxation, a true refuge within the city, with a generous parking lot. This property is the right choice for those wishing to combine residence and investment, taking advantage of the strong commercial potential of the stores on the first floor, while enjoying the tranquillity of a home in a residential area. CHARACTERISTICS:Plot Area: 1 119 m2 | 12 045 sq ftDeployment Area: 264 m2 | 2 842 sq ftBuilding Area: 528 m2 | 5 683 sq ftBedrooms: 10Bathrooms: 4Energy efficiency: DInternationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Currency Exchange
Vila do Conde, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £988,680 | £1,041,708 | £53,028 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £988,680 |
| Maximum cost in the last six months | £1,041,708 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £53,028 |
Vila do Conde, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £988,680 | £1,041,708 | £53,028 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £988,680 |
| Maximum cost in the last six months | £1,041,708 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £53,028 |
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 £53,028 more.
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