House in need of some improvements, with backyard, garage and outbuildings

Penela, Coimbra, Portugal

For Sale

€70,000

REF: 989812 €70,000


3

1

122 m2

856 m2

Description

House in need of some improvements, with backyard, garage and outbuildings. Located in a village in the municipality of Penela, it has good access, east/west sun exposure, backyard with spring water and tractor or car access. The house consists of a basement and first floor, being single storey from the backyard entrance.

We enter a ground floor patio with access to a large wine cellar with beautiful stone walls, a small storage room, garage and some storage rooms. We go up to the first floor via a beautiful stone staircase that leads us to a lovely covered terrace. We enter a living room with a window at the front of the house and direct access to three bedrooms with windows.

We descend three interior steps and enter a dining room with access to the terrace at the front of the house and access to a small kitchen with a fireplace and wood-burning oven, ideal for converting into an indoor barbecue. Right next door is an unequipped kitchen with direct access to the backyard, providing direct contact with the outside, and a full bathroom.

The whole house has plenty of natural light. The roof and walls are in good condition and in the part of the house consisting of the living room and bedrooms, the floor is also in good condition. The rest of the house is already cement slab, making renovation easier and more economical. The backyard is flat, has fruit trees, sun until the end of the day and access to public spring water.

It is worth noting that the house is adorned with beautiful stonework (natural stones that frame windows and doors). The village is very quiet, with a pleasant café/restaurant just 4 minutes away and a supermarket about 10 minutes away. It is mainly inhabited by Portuguese people who are engaged in subsistence farming.

There are beautiful trails and places to visit when walking in the surrounding area. There is daily bread delivery, the postman comes every day and there is free transport for children to go to school. Excellent option! ‘Excluded from the SCE, under the terms of paragraph g) of no. 2 of article 18 of Decree-Law no.

101-D/2020, of 7 December’. Property description: - 856 square metres of total land area - 122 square metres of gross construction area Features: - 1 bathroom - 2 kitchens - 2 living rooms - 3 bedrooms - 1 wine cellar - Terrace - Backyard - 2 storage rooms Relevant distances: - City of Coimbra 30 km away - Village of Avelar 6 km away - Village of Penela 8 km away - Motorway 6 km away - Restaurant 2 km away - Lisbon city centre 190 km away - Porto city centre 150 km away #ref: 144288
House in need of some improvements, with backyard, garage and outbuildings. Located in a village in the municipality of Penela, it has good access, east/west sun exposure, backyard with spring water and tractor or car access. The house consists of a basement and first floor, being single storey from the backyard entrance.

We enter a ground floor patio with access to a large wine cellar with beautiful stone walls, a small storage room, garage and some storage rooms. We go up to the first floor via a beautiful stone staircase that leads us to a lovely covered terrace. We enter a living room with a window at the front of the house and direct access to three bedrooms with windows.

We descend three interior steps and enter a dining room with access to the terrace at the front of the house and access to a small kitchen with a fireplace and wood-burning oven, ideal for converting into an indoor barbecue. Right next door is an unequipped kitchen with direct access to the backyard, providing direct contact with the outside, and a full bathroom.

The whole house has plenty of natural light. The roof and walls are in good condition and in the part of the house consisting of the living room and bedrooms, the floor is also in good condition. The rest of the house is already cement slab, making renovation easier and more economical. The backyard is flat, has fruit trees, sun until the end of the day and access to public spring water.

It is worth noting that the house is adorned with beautiful stonework (natural stones that frame windows and doors). The village is very quiet, with a pleasant café/restaurant just 4 minutes away and a supermarket about 10 minutes away. It is mainly inhabited by Portuguese people who are engaged in subsistence farming.

There are beautiful trails and places to visit when walking in the surrounding area. There is daily bread delivery, the postman comes every day and there is free transport for children to go to school. Excellent option! ‘Excluded from the SCE, under the terms of paragraph g) of no. 2 of article 18 of Decree-Law no.

101-D/2020, of 7 December’. Property description: - 856 square metres of total land area - 122 square metres of gross construction area Features: - 1 bathroom - 2 kitchens - 2 living rooms - 3 bedrooms - 1 wine cellar - Terrace - Backyard - 2 storage rooms Relevant distances: - City of Coimbra 30 km away - Village of Avelar 6 km away - Village of Penela 8 km away - Motorway 6 km away - Restaurant 2 km away - Lisbon city centre 190 km away - Porto city centre 150 km away #ref: 144288
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Property on Map

#144288

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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