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Detached villa located 10 minutes from Nazaré and São Martinho do Porto and 7 minutes from the entrance to the A8
Nazaré, Leiria, Portugal
REF: 974900
€440,000
Description
Detached villa located 10 minutes from Nazaré and São Martinho do Porto and 7 minutes from the entrance to the A8. It has a plot of 3,850m2. The private gross area is 240m2; the basement is 175m2, which makes the Gross Construction Area 415m2. It is in excellent condition, and may need some updating in terms of flooring, bathrooms and frames. It has an open annex with barbecue, support kitchen and bathroom, to enjoy meals in the middle of its land. You have the possibility, if you wish, to live on the ground floor and rent out the 1st floor, as it has a separate entrance. Excellent investment both for your own permanent home and for generating income from the property. What are you waiting for to come and visit your future home? #ref: 141860
Detached villa located 10 minutes from Nazaré and São Martinho do Porto and 7 minutes from the entrance to the A8. It has a plot of 3,850m2. The private gross area is 240m2; the basement is 175m2, which makes the Gross Construction Area 415m2. It is in excellent condition, and may need some updating in terms of flooring, bathrooms and frames. It has an open annex with barbecue, support kitchen and bathroom, to enjoy meals in the middle of its land. You have the possibility, if you wish, to live on the ground floor and rent out the 1st floor, as it has a separate entrance. Excellent investment both for your own permanent home and for generating income from the property. What are you waiting for to come and visit your future home? #ref: 141860
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Currency Exchange
Nazaré, Leiria, 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 €440,000 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 |
|---|---|---|---|
| €440,000 | £362,516 | £381,960 | £19,444 |
| Property Price € | €440,000 |
| Minimum cost in the last six months | £362,516 |
| Maximum cost in the last six months | £381,960 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,444 |
Nazaré, Leiria, 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 €440,000 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 |
|---|---|---|---|
| €440,000 | £362,516 | £381,960 | £19,444 |
| Property Price € | €440,000 |
| Minimum cost in the last six months | £362,516 |
| Maximum cost in the last six months | £381,960 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,444 |
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 £19,444 more.
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