House - Lajes

Vila da Praia da Vitória, Ilha Terceira, Portugal, 9760-251

For Sale

€160,000

REF: 998028 €160,000


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Description

3 bedroom villa with patio and garage This villa, located in a quiet residential area, offers a solid foundation for those looking for a property with potential for appreciation. It has 3 bedrooms, 1 bathroom, a kitchen and interior spaces with old features, such as mosaics and period finishes, but it is habitable and well cared for. The roof in good condition, as well as the general structure of the house.

The windows are made of aluminum and there is also a garage and a spacious patio with an outdoor leisure area perfect for enjoying with the family. Although the area currently registered is smaller than the real one, the owners are already dealing with the regularization to deliver the property with all the documentation in compliance. Ideal for those who want to renovate their home in their own style, without having to face major structural works.
3 bedroom villa with patio and garage This villa, located in a quiet residential area, offers a solid foundation for those looking for a property with potential for appreciation. It has 3 bedrooms, 1 bathroom, a kitchen and interior spaces with old features, such as mosaics and period finishes, but it is habitable and well cared for. The roof in good condition, as well as the general structure of the house.

The windows are made of aluminum and there is also a garage and a spacious patio with an outdoor leisure area perfect for enjoying with the family. Although the area currently registered is smaller than the real one, the owners are already dealing with the regularization to deliver the property with all the documentation in compliance. Ideal for those who want to renovate their home in their own style, without having to face major structural works.
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Property on Map

#315/M/01734

Currency Exchange

Vila da Praia da Vitória, Ilha Terceira, Portugal, 9760-251

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 €160,000 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
€160,000 £132,072 £138,894 £6,822
Property Price € €160,000
Minimum cost in the last six months £132,072
Maximum cost in the last six months £138,894
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,822

Vila da Praia da Vitória, Ilha Terceira, Portugal, 9760-251

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 €160,000 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
€160,000 £132,072 £138,894 £6,822
Property Price € €160,000
Minimum cost in the last six months £132,072
Maximum cost in the last six months £138,894
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,822

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 £6,822 more.

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