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Urban Plot with Approved Renovation Project | Casal Pinto, Penela Plot Size: 849 m² Status: Urban land with existing ruin and Cmara-approved renovation project
Penela, Coimbra, Portugal
REF: 991560
€69,500
Description
Urban Plot with Approved Renovation Project | Casal Pinto, Penela Plot Size: 849 m² Status: Urban land with existing ruin and Cmara-approved renovation project. Sale Includes: Full architectural renovation project, Cmara approval, and engineering handover Ready to build immediately – major time and cost savings A rare opportunity to acquire a fully urbanised plot in the peaceful hamlet of Casal Pinto, just minutes from the historic town of Penela. This 849 m² plot includes an existing registered ruin, with a fully approved renovation project for a 3-bedroom, 2-bathroom luxury villa — combining rustic charm with modern living. All plans have been formally approved by the Cmara Municipal, and engineering documentation is complete and ready for handover. Construction can begin immediately, saving the buyer valuable time and administrative effort. Panoramic views of Penela Castle Option to add a private swimming pool (not currently included in the project, but space is available) Project is ready to collect and start — no delays, no red tape Ideal for those looking to: Create a bespoke home with character and comfort Invest in a ready-to-go project in a desirable location Escape to the countryside while staying connected to amenities Location Highlights: 5 mins to Penela 30 mins to Coimbra Easy access to A13 motorway Tranquil village setting with expansive views Don't miss this opportunity to bring a piece of Portugal’s heritage back to life — with all the groundwork already done for you. Prefer to buy the completed villa instead? If you’d prefer to purchase the finished villa from the developer, please visit: iadportugal.pt/en/ad/housevilla-sale-3-bedrooms-sao-miguel-santa-eufemia-e-rabacal-185m2/r142738 Get in touch today for full plans, project documents, or to arrange a visit to discuss. #ref: 144545
Urban Plot with Approved Renovation Project | Casal Pinto, Penela Plot Size: 849 m² Status: Urban land with existing ruin and Cmara-approved renovation project. Sale Includes: Full architectural renovation project, Cmara approval, and engineering handover Ready to build immediately – major time and cost savings A rare opportunity to acquire a fully urbanised plot in the peaceful hamlet of Casal Pinto, just minutes from the historic town of Penela. This 849 m² plot includes an existing registered ruin, with a fully approved renovation project for a 3-bedroom, 2-bathroom luxury villa — combining rustic charm with modern living. All plans have been formally approved by the Cmara Municipal, and engineering documentation is complete and ready for handover. Construction can begin immediately, saving the buyer valuable time and administrative effort. Panoramic views of Penela Castle Option to add a private swimming pool (not currently included in the project, but space is available) Project is ready to collect and start — no delays, no red tape Ideal for those looking to: Create a bespoke home with character and comfort Invest in a ready-to-go project in a desirable location Escape to the countryside while staying connected to amenities Location Highlights: 5 mins to Penela 30 mins to Coimbra Easy access to A13 motorway Tranquil village setting with expansive views Don't miss this opportunity to bring a piece of Portugal’s heritage back to life — with all the groundwork already done for you. Prefer to buy the completed villa instead? If you’d prefer to purchase the finished villa from the developer, please visit: iadportugal.pt/en/ad/housevilla-sale-3-bedrooms-sao-miguel-santa-eufemia-e-rabacal-185m2/r142738 Get in touch today for full plans, project documents, or to arrange a visit to discuss. #ref: 144545
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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 €69,500 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 |
|---|---|---|---|
| €69,500 | £57,369 | £60,332 | £2,963 |
| Property Price € | €69,500 |
| Minimum cost in the last six months | £57,369 |
| Maximum cost in the last six months | £60,332 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,963 |
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 €69,500 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 |
|---|---|---|---|
| €69,500 | £57,369 | £60,332 | £2,963 |
| Property Price € | €69,500 |
| Minimum cost in the last six months | £57,369 |
| Maximum cost in the last six months | £60,332 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,963 |
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 £2,963 more.
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