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3-bedroom apartment in an excellent location in Vila Nova de Gaia We present this well-maintained 3-bedroom apartment, located in a quiet and central area of Vila Nova de Gaia, ideal for families, young couples or investors
Vila Nova de Gaia, Porto, Portugal
REF: 999606
€215,000
Description
3-bedroom apartment in an excellent location in Vila Nova de Gaia We present this well-maintained 3-bedroom apartment, located in a quiet and central area of Vila Nova de Gaia, ideal for families, young couples or investors. The property is located on a high floor of a building from 1985, with two lifts, and will be further enhanced by the renovation of the common areas and roof, already approved and fully paid for — an important factor for those seeking peace of mind regarding future expenses. The apartment has a functional and bright layout, consisting of three bedrooms, two bathrooms (one full and one service), a full kitchen and a sunroom, ideal for laundry or additional storage. Another strong point is the complete renovation of the plumbing, an added value that ensures comfort, safety and efficiency for years to come. Although the property does not have a garage or private parking space, it is located right in front of a large public car park, where it is usually easy to find a space. Strengths of the location: • Excellent access to the main roads (A1, A44, Ponte da Arrábida), facilitating connections to the centre of Gaia, Porto and the surrounding area; • Good public transport, including metro and buses just a few minutes away; • Essential services within walking distance, such as supermarkets, pharmacies, bakeries, cafés, restaurants and health centres; • Proximity to schools and colleges, from pre-school to secondary education; • Green areas and leisure spaces in the vicinity, ideal for families or those who enjoy the outdoors. With good sun exposure, unobstructed views, a quiet residential environment and a building about to be renovated in the common areas, this apartment represents an excellent opportunity in the current real estate market in Gaia. #ref: 145907
3-bedroom apartment in an excellent location in Vila Nova de Gaia We present this well-maintained 3-bedroom apartment, located in a quiet and central area of Vila Nova de Gaia, ideal for families, young couples or investors. The property is located on a high floor of a building from 1985, with two lifts, and will be further enhanced by the renovation of the common areas and roof, already approved and fully paid for — an important factor for those seeking peace of mind regarding future expenses. The apartment has a functional and bright layout, consisting of three bedrooms, two bathrooms (one full and one service), a full kitchen and a sunroom, ideal for laundry or additional storage. Another strong point is the complete renovation of the plumbing, an added value that ensures comfort, safety and efficiency for years to come. Although the property does not have a garage or private parking space, it is located right in front of a large public car park, where it is usually easy to find a space. Strengths of the location: • Excellent access to the main roads (A1, A44, Ponte da Arrábida), facilitating connections to the centre of Gaia, Porto and the surrounding area; • Good public transport, including metro and buses just a few minutes away; • Essential services within walking distance, such as supermarkets, pharmacies, bakeries, cafés, restaurants and health centres; • Proximity to schools and colleges, from pre-school to secondary education; • Green areas and leisure spaces in the vicinity, ideal for families or those who enjoy the outdoors. With good sun exposure, unobstructed views, a quiet residential environment and a building about to be renovated in the common areas, this apartment represents an excellent opportunity in the current real estate market in Gaia. #ref: 145907
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Currency Exchange
Vila Nova de Gaia, Porto, 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 €215,000 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 |
|---|---|---|---|
| €215,000 | £177,472 | £186,644 | £9,172 |
| Property Price € | €215,000 |
| Minimum cost in the last six months | £177,472 |
| Maximum cost in the last six months | £186,644 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,172 |
Vila Nova de Gaia, Porto, 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 €215,000 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 |
|---|---|---|---|
| €215,000 | £177,472 | £186,644 | £9,172 |
| Property Price € | €215,000 |
| Minimum cost in the last six months | £177,472 |
| Maximum cost in the last six months | £186,644 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,172 |
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 £9,172 more.
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