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Two-bedroom house with backyard, located in a village in the municipality of Podentes, Penela
Penela, Coimbra, Portugal
REF: 984418
€70,000
Description
Two-bedroom house with backyard, located in a village in the municipality of Podentes, Penela. The building consists of a ground floor and first floor. The ground floor has two large storage rooms with access to the backyard and sturdy stone walls. We go up to the first floor where we find a corridor with access to all the rooms of the house, ending in the kitchen at the end of the corridor, which has a balcony overlooking the backyard. We enter, and on the right-hand side, there is a living room with a window facing the front of the house. On the left-hand side, there are two bedrooms with windows and, on the right-hand side, a pantry or office. The kitchen consists of a pantry (not equipped) and a dining room with stair access to the backyard and a pleasant balcony with views over the backyard and the Lousã mountains. The roof of the house is in good condition, the interior needs modernisation and comfort, it has excellent sun exposure and good access. The backyard is flat and borders a stream. It also has water from a well which, although outside the property, supplies it. Excellent opportunity! A few minutes away, there is a café, supermarket, restaurant and schools. Building description: - 528 square metres of total land area - 198 square metres of gross construction area Features: - 1 unequipped kitchen - 2 bedrooms - 1 living room - 1 pantry + dining room - 2 balconies - 2 ground floor storage rooms - 1 office/utility room - Backyard Relevant distances: - Podentes village 1 km away - Penela village 4 km away - Motorway 3 km away - City of Coimbra 23 km away - Lisbon 190 km away - Porto 140 km away #ref: 143605
Two-bedroom house with backyard, located in a village in the municipality of Podentes, Penela. The building consists of a ground floor and first floor. The ground floor has two large storage rooms with access to the backyard and sturdy stone walls. We go up to the first floor where we find a corridor with access to all the rooms of the house, ending in the kitchen at the end of the corridor, which has a balcony overlooking the backyard. We enter, and on the right-hand side, there is a living room with a window facing the front of the house. On the left-hand side, there are two bedrooms with windows and, on the right-hand side, a pantry or office. The kitchen consists of a pantry (not equipped) and a dining room with stair access to the backyard and a pleasant balcony with views over the backyard and the Lousã mountains. The roof of the house is in good condition, the interior needs modernisation and comfort, it has excellent sun exposure and good access. The backyard is flat and borders a stream. It also has water from a well which, although outside the property, supplies it. Excellent opportunity! A few minutes away, there is a café, supermarket, restaurant and schools. Building description: - 528 square metres of total land area - 198 square metres of gross construction area Features: - 1 unequipped kitchen - 2 bedrooms - 1 living room - 1 pantry + dining room - 2 balconies - 2 ground floor storage rooms - 1 office/utility room - Backyard Relevant distances: - Podentes village 1 km away - Penela village 4 km away - Motorway 3 km away - City of Coimbra 23 km away - Lisbon 190 km away - Porto 140 km away #ref: 143605
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Currency Exchange
Penela, Coimbra, 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £57,782 | £60,766 | £2,985 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £57,782 |
| Maximum cost in the last six months | £60,766 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,985 |
Penela, Coimbra, 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £57,782 | £60,766 | £2,985 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £57,782 |
| Maximum cost in the last six months | £60,766 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,985 |
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 £2,985 more.
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