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Excellent investment opportunity – Exclusive IAD Portugal! We present this fully renovated 3-bedroom apartment, located on the 1st floor of a 2-story building in Arcozelo, with an external garage of 20 m²
Vila Nova de Gaia, Porto, Portugal
REF: 973135
€220,000
Description
Excellent investment opportunity – Exclusive IAD Portugal! We present this fully renovated 3-bedroom apartment, located on the 1st floor of a 2-story building in Arcozelo, with an external garage of 20 m². Property features: Entrance hall; Service bathroom; Cozy living room; Equipped kitchen; Full bathroom with shower; Three bedrooms with built-in closets. Building without elevator. The property is sold with an active lease agreement for €695/month Contract ends on 12/31/2025. Monthly condominium fee: R$50.00 Advantages for investors: Immediate income with a stable tenant; Renovated property, no need for renovations; Quiet area with good accessibility. No complications – we take care of the entire process for you. Schedule your visit now and let yourself be surprised by this excellent opportunity. We share 50% with all agencies. See the photos, schedule your visit and come and see your next investment. About IAD Portugal: IAD Portugal was born from the success of IAD France – number 1 in the real estate sector in France. Since 2015, we have had more than 850 independent consultants in Portugal and a portfolio of more than 12,000 properties. What we offer our clients, at no additional cost: Personalized market study of your property; 360º marketing plan for maximum visibility; Full monitoring of the bureaucratic process; Partnerships with financial institutions for credit solutions with advantageous conditions; Professional photo shoot; Continuous and specialized support until the deal is completed. Your consultant Cristóvão Cruz is available to accompany you throughout the process. Contact us and schedule your visit now! #ref: 142217
Excellent investment opportunity – Exclusive IAD Portugal! We present this fully renovated 3-bedroom apartment, located on the 1st floor of a 2-story building in Arcozelo, with an external garage of 20 m². Property features: Entrance hall; Service bathroom; Cozy living room; Equipped kitchen; Full bathroom with shower; Three bedrooms with built-in closets. Building without elevator. The property is sold with an active lease agreement for €695/month Contract ends on 12/31/2025. Monthly condominium fee: R$50.00 Advantages for investors: Immediate income with a stable tenant; Renovated property, no need for renovations; Quiet area with good accessibility. No complications – we take care of the entire process for you. Schedule your visit now and let yourself be surprised by this excellent opportunity. We share 50% with all agencies. See the photos, schedule your visit and come and see your next investment. About IAD Portugal: IAD Portugal was born from the success of IAD France – number 1 in the real estate sector in France. Since 2015, we have had more than 850 independent consultants in Portugal and a portfolio of more than 12,000 properties. What we offer our clients, at no additional cost: Personalized market study of your property; 360º marketing plan for maximum visibility; Full monitoring of the bureaucratic process; Partnerships with financial institutions for credit solutions with advantageous conditions; Professional photo shoot; Continuous and specialized support until the deal is completed. Your consultant Cristóvão Cruz is available to accompany you throughout the process. Contact us and schedule your visit now! #ref: 142217
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Currency Exchange
Vila Nova de Gaia, 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 €220,000 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 |
|---|---|---|---|
| €220,000 | £181,599 | £190,984 | £9,385 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £181,599 |
| Maximum cost in the last six months | £190,984 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,385 |
Vila Nova de Gaia, 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 €220,000 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 |
|---|---|---|---|
| €220,000 | £181,599 | £190,984 | £9,385 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £181,599 |
| Maximum cost in the last six months | £190,984 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,385 |
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 £9,385 more.
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