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Apartment T4 - Bonfim, Porto Investment Opportunity and Real Estate Development We present this 4-bedroom apartment of 97m², with 2 bathrooms, very well located in the parish of Bonfim, one of Porto's most sought-after areas
Porto, Porto, Portugal
REF: 983474
€249,000
Description
Apartment T4 - Bonfim, Porto Investment Opportunity and Real Estate Development We present this 4-bedroom apartment of 97m², with 2 bathrooms, very well located in the parish of Bonfim, one of Porto's most sought-after areas. Its central location, close to public transport, local shops and services, guarantees easy access to everything the city has to offer, making it ideal both for those looking to live and for investors looking for an opportunity to increase their value. This property is in good condition and is perfectly habitable, although it needs a little modernization to exploit its full potential. Its generous area and the good distribution of spaces allow for a simple renovation that could result in great appreciation on the market. Main features: Usable area of 97m², ideal for families or as a rental investment 4 spacious and well-lit bedrooms, offering comfort and versatility for different arrangements 2 bathrooms: one with good functionality and the other with potential for updating Large living room with natural light, perfect for living and leisure Functional kitchen, with enough space for modernization and personalization Privileged location in Bonfim: a constantly evolving neighbourhood, with strong demand for both housing and rental Potential for appreciation: carrying out some refurbishment work, such as updating finishes or reorganizing Translated with DeepL.com (free version) #ref: 143092
Apartment T4 - Bonfim, Porto Investment Opportunity and Real Estate Development We present this 4-bedroom apartment of 97m², with 2 bathrooms, very well located in the parish of Bonfim, one of Porto's most sought-after areas. Its central location, close to public transport, local shops and services, guarantees easy access to everything the city has to offer, making it ideal both for those looking to live and for investors looking for an opportunity to increase their value. This property is in good condition and is perfectly habitable, although it needs a little modernization to exploit its full potential. Its generous area and the good distribution of spaces allow for a simple renovation that could result in great appreciation on the market. Main features: Usable area of 97m², ideal for families or as a rental investment 4 spacious and well-lit bedrooms, offering comfort and versatility for different arrangements 2 bathrooms: one with good functionality and the other with potential for updating Large living room with natural light, perfect for living and leisure Functional kitchen, with enough space for modernization and personalization Privileged location in Bonfim: a constantly evolving neighbourhood, with strong demand for both housing and rental Potential for appreciation: carrying out some refurbishment work, such as updating finishes or reorganizing Translated with DeepL.com (free version) #ref: 143092
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Currency Exchange
Porto, 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 €249,000 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 |
|---|---|---|---|
| €249,000 | £205,515 | £216,154 | £10,640 |
| Property Price € | €249,000 |
| Minimum cost in the last six months | £205,515 |
| Maximum cost in the last six months | £216,154 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,640 |
Porto, 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 €249,000 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 |
|---|---|---|---|
| €249,000 | £205,515 | £216,154 | £10,640 |
| Property Price € | €249,000 |
| Minimum cost in the last six months | £205,515 |
| Maximum cost in the last six months | £216,154 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,640 |
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 £10,640 more.
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