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If you are looking for an investment opportunity with a potential return of over 8% in an area with high demand for the rental and purchase market, I present this magnificent villa in the center of Marinha das Ondas, just 2 minutes from the A17 motorway or the 109 national road
Figueira da Foz, Coimbra, Portugal
REF: 995182
€140,000
Description
If you are looking for an investment opportunity with a potential return of over 8% in an area with high demand for the rental and purchase market, I present this magnificent villa in the center of Marinha das Ondas, just 2 minutes from the A17 motorway or the 109 national road. The villa has five bedrooms, three living rooms, a kitchen, a pantry, two bathrooms, a sunroom, a garage, an annex with another kitchen, a large storage/work area, and space for a garden and/or swimming pool. Two of the rooms can be easily converted into bedrooms, increasing the villa's potential to seven bedrooms. The house is divided into two floors, which allows it to be split up for rental purposes, further increasing its potential. If you are looking for a house with high investment/return potential, schedule a visit with me. Property summary: • 5 bedrooms • 2 bathrooms • 3 living rooms • 1 kitchen • terrace • Land with shared well • 2 floors that can be made independent #ref: 139488
If you are looking for an investment opportunity with a potential return of over 8% in an area with high demand for the rental and purchase market, I present this magnificent villa in the center of Marinha das Ondas, just 2 minutes from the A17 motorway or the 109 national road. The villa has five bedrooms, three living rooms, a kitchen, a pantry, two bathrooms, a sunroom, a garage, an annex with another kitchen, a large storage/work area, and space for a garden and/or swimming pool. Two of the rooms can be easily converted into bedrooms, increasing the villa's potential to seven bedrooms. The house is divided into two floors, which allows it to be split up for rental purposes, further increasing its potential. If you are looking for a house with high investment/return potential, schedule a visit with me. Property summary: • 5 bedrooms • 2 bathrooms • 3 living rooms • 1 kitchen • terrace • Land with shared well • 2 floors that can be made independent #ref: 139488
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Currency Exchange
Figueira da Foz, 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 €140,000 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 |
|---|---|---|---|
| €140,000 | £115,563 | £121,533 | £5,970 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £115,563 |
| Maximum cost in the last six months | £121,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,970 |
Figueira da Foz, 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 €140,000 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 |
|---|---|---|---|
| €140,000 | £115,563 | £121,533 | £5,970 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £115,563 |
| Maximum cost in the last six months | £121,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,970 |
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 £5,970 more.
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