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House with Two Independent Two-Bedroom Apartments – Bairro da Mata, Estremoz This is an excellent investment opportunity or multi-family home in Estremoz
Estremoz, Évora, Portugal
REF: 985829
€160,000
Description
House with Two Independent Two-Bedroom Apartments – Bairro da Mata, Estremoz This is an excellent investment opportunity or multi-family home in Estremoz. This detached house is located in Bairro da Mata and consists of two completely independent two-bedroom apartments with separate entrances, identified with police numbers 25 (ground floor) and 23 (first floor). The property offers a quiet and privileged location, with unobstructed views of the Serra D'Ossa, making it ideal for both owner-occupancy and rental income. Ground floor layout (No. 25): This apartment consists of a living room, two bedrooms, kitchen, bathroom, hallway, private backyard, and garage. The layout of the rooms provides functionality and comfort, making it ideal for families. Composition of the 1st Floor (No. 23): The upper floor offers a bright living room, kitchen, two bedrooms, bathroom, and a backyard with good sun exposure, creating a cozy and practical environment. Property Highlights: – Two independent two-bedroom apartments – Separate entrances, ideal for renting or family cohabitation – Garage on the ground floor – Backyards on both floors – View of the Serra D'Ossa – Quiet location with good access This villa is a versatile solution for those who want to live well in the Alentejo, with the added advantage of generating income by renting out one of the units. An increasingly rare opportunity in the Estremoz real estate market. For more information or to schedule a visit, please contact us. #ref: 143902
House with Two Independent Two-Bedroom Apartments – Bairro da Mata, Estremoz This is an excellent investment opportunity or multi-family home in Estremoz. This detached house is located in Bairro da Mata and consists of two completely independent two-bedroom apartments with separate entrances, identified with police numbers 25 (ground floor) and 23 (first floor). The property offers a quiet and privileged location, with unobstructed views of the Serra D'Ossa, making it ideal for both owner-occupancy and rental income. Ground floor layout (No. 25): This apartment consists of a living room, two bedrooms, kitchen, bathroom, hallway, private backyard, and garage. The layout of the rooms provides functionality and comfort, making it ideal for families. Composition of the 1st Floor (No. 23): The upper floor offers a bright living room, kitchen, two bedrooms, bathroom, and a backyard with good sun exposure, creating a cozy and practical environment. Property Highlights: – Two independent two-bedroom apartments – Separate entrances, ideal for renting or family cohabitation – Garage on the ground floor – Backyards on both floors – View of the Serra D'Ossa – Quiet location with good access This villa is a versatile solution for those who want to live well in the Alentejo, with the added advantage of generating income by renting out one of the units. An increasingly rare opportunity in the Estremoz real estate market. For more information or to schedule a visit, please contact us. #ref: 143902
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Currency Exchange
Estremoz, Évora, 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £132,058 | £138,894 | £6,837 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £132,058 |
| Maximum cost in the last six months | £138,894 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,837 |
Estremoz, Évora, 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £132,058 | £138,894 | £6,837 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £132,058 |
| Maximum cost in the last six months | £138,894 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,837 |
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 £6,837 more.
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