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Are you interested in investing in this property, or would you simply like to rent a small, fully renovated and furnished house? This property is located in the village of Aranhas, which is a charming and authentic location in the centre of Portugal
Penamacor, Castelo Branco, Portugal
REF: 991557
€75,600
Description
Are you interested in investing in this property, or would you simply like to rent a small, fully renovated and furnished house? This property is located in the village of Aranhas, which is a charming and authentic location in the centre of Portugal. It is currently seeking new owners. This location is in a tourist area because it is peaceful, and it has historic villages (such as Monsanto), walking trails, riverside beaches, and it is close to Spain and the Gata mountains in the Estremadura region. It is perfect for people who love nature and traditional rural life in this area. On the ground floor, the property features an open-plan kitchen measuring approximately 10m², which is connected to a 6m² room currently used as a bedroom, but lacking an opening. This room also connects to a 10m² lounge. The property benefits from a generously proportioned bathroom measuring approximately 4m² and a storage area of around 5m². On the same level, another piece of approximately 12m², which houses the laundry facilities and outdoor furniture, could be converted into a self-contained studio. The property is accessed via an external staircase that leads to the first floor, where there is another external terrace, two generously proportioned bedrooms (each approximately 11m²), two dressing rooms and a WC. The property's current configuration is perfectly suited to a family, but it could also be easily subdivided into three independent apartments. #ref: 141646
Are you interested in investing in this property, or would you simply like to rent a small, fully renovated and furnished house? This property is located in the village of Aranhas, which is a charming and authentic location in the centre of Portugal. It is currently seeking new owners. This location is in a tourist area because it is peaceful, and it has historic villages (such as Monsanto), walking trails, riverside beaches, and it is close to Spain and the Gata mountains in the Estremadura region. It is perfect for people who love nature and traditional rural life in this area. On the ground floor, the property features an open-plan kitchen measuring approximately 10m², which is connected to a 6m² room currently used as a bedroom, but lacking an opening. This room also connects to a 10m² lounge. The property benefits from a generously proportioned bathroom measuring approximately 4m² and a storage area of around 5m². On the same level, another piece of approximately 12m², which houses the laundry facilities and outdoor furniture, could be converted into a self-contained studio. The property is accessed via an external staircase that leads to the first floor, where there is another external terrace, two generously proportioned bedrooms (each approximately 11m²), two dressing rooms and a WC. The property's current configuration is perfectly suited to a family, but it could also be easily subdivided into three independent apartments. #ref: 141646
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Currency Exchange
Penamacor, Castelo Branco, 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 €75,600 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 |
|---|---|---|---|
| €75,600 | £62,404 | £65,628 | £3,224 |
| Property Price € | €75,600 |
| Minimum cost in the last six months | £62,404 |
| Maximum cost in the last six months | £65,628 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,224 |
Penamacor, Castelo Branco, 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 €75,600 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 |
|---|---|---|---|
| €75,600 | £62,404 | £65,628 | £3,224 |
| Property Price € | €75,600 |
| Minimum cost in the last six months | £62,404 |
| Maximum cost in the last six months | £65,628 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,224 |
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 £3,224 more.
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