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Luxury 1-bedroom apartment with terrace, for sale on Gaia's riverside promenade, in the residential and commercial development Pescaria that combines history, location, and contemporary architecture
Vila Nova de Gaia, Portugal
REF: 981078
€432,338
Description
Luxury 1-bedroom apartment with terrace, for sale on Gaia's riverside promenade, in the residential and commercial development Pescaria that combines history, location, and contemporary architecture. This charming apartment stands out for its generous areas, high ceilings, and contemporary design solutions, blending comfort, elegance, and quality construction. With premium finishes and high-quality materials, the property includes one bedroom and a living room with an open-plan equipped kitchen that opens onto the terrace. The Pescaria project benefits from an exceptional location, with direct access to the river and Porto's protected urban landscape, opposite the Alfândega Building, one of the jewels of Porto's neoclassical architecture. The surrounding area combines the authenticity of a fishing neighborhood with proximity to tourist and cultural areas, such as Afurada, Mercado do Bolhão, Avenida dos Aliados, and the historic Port Wine Cellars. Just 10 minutes on foot, you'll find a vibrant area with restaurants, bars, and the Gaia cable car, which connects to the Jardim do Morro and the iconic Dom Luís I Bridge, the gateway to Porto's historic center and Sé Cathedral. Pescaria thus offers a rare investment opportunity in an emblematic location, next to the Douro River, in a protected area with a significant lack of new constructions. A project that respects its industrial heritage while looking toward the future with functionality, charm, and sustainability. CHARACTERISTICS:Area: 59 m2 | 635 sq ftBedrooms: 1Bathrooms: 1Energy efficiency: B-FEATURES:• Eight parking spaces available at €40,000 each. Internationally 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
Luxury 1-bedroom apartment with terrace, for sale on Gaia's riverside promenade, in the residential and commercial development Pescaria that combines history, location, and contemporary architecture. This charming apartment stands out for its generous areas, high ceilings, and contemporary design solutions, blending comfort, elegance, and quality construction. With premium finishes and high-quality materials, the property includes one bedroom and a living room with an open-plan equipped kitchen that opens onto the terrace. The Pescaria project benefits from an exceptional location, with direct access to the river and Porto's protected urban landscape, opposite the Alfândega Building, one of the jewels of Porto's neoclassical architecture. The surrounding area combines the authenticity of a fishing neighborhood with proximity to tourist and cultural areas, such as Afurada, Mercado do Bolhão, Avenida dos Aliados, and the historic Port Wine Cellars. Just 10 minutes on foot, you'll find a vibrant area with restaurants, bars, and the Gaia cable car, which connects to the Jardim do Morro and the iconic Dom Luís I Bridge, the gateway to Porto's historic center and Sé Cathedral. Pescaria thus offers a rare investment opportunity in an emblematic location, next to the Douro River, in a protected area with a significant lack of new constructions. A project that respects its industrial heritage while looking toward the future with functionality, charm, and sustainability. CHARACTERISTICS:Area: 59 m2 | 635 sq ftBedrooms: 1Bathrooms: 1Energy efficiency: B-FEATURES:• Eight parking spaces available at €40,000 each. Internationally 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 Nova de Gaia, 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 €432,338 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 |
|---|---|---|---|
| €432,338 | £356,203 | £375,308 | £19,105 |
| Property Price € | €432,338 |
| Minimum cost in the last six months | £356,203 |
| Maximum cost in the last six months | £375,308 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,105 |
Vila Nova de Gaia, 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 €432,338 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 |
|---|---|---|---|
| €432,338 | £356,203 | £375,308 | £19,105 |
| Property Price € | €432,338 |
| Minimum cost in the last six months | £356,203 |
| Maximum cost in the last six months | £375,308 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,105 |
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 £19,105 more.
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