House with two apartments

Vila da Praia da Vitória, Ilha Terceira, Portugal, 9760-559

For Sale

€185,000

REF: 997592 €185,000


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Description

House divided into two apartments Located in the parish of Santa Cruz, close to the city center of Praia da Vitoria, with good access to the highway, with a variety of services and commerce. We present this villa consisting of two independent apartments, located in the parish of Santa Cruz, one of the most sought after areas of the city of Praia da Vitória.

The location is truly privileged, just a few minutes from the city center, with easy access to the highway, which guarantees excellent mobility for those who commute daily or want to stay close to all urban amenities. The property is part of a consolidated and well-served area, with a wide range of local shops, schools, health services, pharmacies, public transport and other essential infrastructures, making everyday life more practical and comfortable. The configuration of the house, with two distinct and independent apartments, allows for several uses: from own housing with the possibility of extra income through renting, to investment directed exclusively to the long-term rental market or local accommodation, benefiting from a stable and sustainable demand in the region. This is an excellent opportunity both for those looking for a functional and well-located home, as well as for investors who want to obtain a safe and consistent income in a market with potential for appreciation. Don't miss this opportunity to acquire a versatile, well-located property with great potential for profitability in the charming city of Praia da Vitória.
House divided into two apartments Located in the parish of Santa Cruz, close to the city center of Praia da Vitoria, with good access to the highway, with a variety of services and commerce. We present this villa consisting of two independent apartments, located in the parish of Santa Cruz, one of the most sought after areas of the city of Praia da Vitória.

The location is truly privileged, just a few minutes from the city center, with easy access to the highway, which guarantees excellent mobility for those who commute daily or want to stay close to all urban amenities. The property is part of a consolidated and well-served area, with a wide range of local shops, schools, health services, pharmacies, public transport and other essential infrastructures, making everyday life more practical and comfortable. The configuration of the house, with two distinct and independent apartments, allows for several uses: from own housing with the possibility of extra income through renting, to investment directed exclusively to the long-term rental market or local accommodation, benefiting from a stable and sustainable demand in the region. This is an excellent opportunity both for those looking for a functional and well-located home, as well as for investors who want to obtain a safe and consistent income in a market with potential for appreciation. Don't miss this opportunity to acquire a versatile, well-located property with great potential for profitability in the charming city of Praia da Vitória.
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Property on Map

#315/A/01610

Currency Exchange

Vila da Praia da Vitória, Ilha Terceira, Portugal, 9760-559

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 €185,000 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
€185,000 £152,708 £160,597 £7,888
Property Price € €185,000
Minimum cost in the last six months £152,708
Maximum cost in the last six months £160,597
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,888

Vila da Praia da Vitória, Ilha Terceira, Portugal, 9760-559

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 €185,000 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
€185,000 £152,708 £160,597 £7,888
Property Price € €185,000
Minimum cost in the last six months £152,708
Maximum cost in the last six months £160,597
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,888

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 £7,888 more.

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