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This magnificent 100sqm loft has been completely renovated from a former commercial establishment, offering a modern and comfortable space in Lisbon
Lisboa, Lisboa, Portugal
REF: 999879
€495,000
Description
This magnificent 100sqm loft has been completely renovated from a former commercial establishment, offering a modern and comfortable space in Lisbon. Loft Highlights: The property features a spacious layout with a fully equipped kitchen, a cozy living room, a bathroom, and a mezzanine bedroom. For your comfort, the loft is equipped with air conditioning. Privileged Location: Situated in a central area, right next to Santa Apolónia station, this loft offers excellent national and international rail connections. Lisbon Airport is just 10 minutes away. The surrounding area provides easy access to typical Lisbon spots, such as Marvila, various Portuguese and international restaurants, and bars, ensuring an authentic city experience. Investment Opportunity: The Santa Apolónia area is undergoing full development and growth, making this property an excellent investment opportunity. Important: Change of Use in Progress The property is currently in the process of changing its designation from commercial to residential. This change means that the loft will soon be legally recognized as a residence, which is a fundamental step for its use as a permanent home or for long-term rental purposes. The completion of this process will ensure legal compliance for its new purpose. Schedule your visit now! Catarina Hoss - IAD Portugal #ref: 146046
This magnificent 100sqm loft has been completely renovated from a former commercial establishment, offering a modern and comfortable space in Lisbon. Loft Highlights: The property features a spacious layout with a fully equipped kitchen, a cozy living room, a bathroom, and a mezzanine bedroom. For your comfort, the loft is equipped with air conditioning. Privileged Location: Situated in a central area, right next to Santa Apolónia station, this loft offers excellent national and international rail connections. Lisbon Airport is just 10 minutes away. The surrounding area provides easy access to typical Lisbon spots, such as Marvila, various Portuguese and international restaurants, and bars, ensuring an authentic city experience. Investment Opportunity: The Santa Apolónia area is undergoing full development and growth, making this property an excellent investment opportunity. Important: Change of Use in Progress The property is currently in the process of changing its designation from commercial to residential. This change means that the loft will soon be legally recognized as a residence, which is a fundamental step for its use as a permanent home or for long-term rental purposes. The completion of this process will ensure legal compliance for its new purpose. Schedule your visit now! Catarina Hoss - IAD Portugal #ref: 146046
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Currency Exchange
Lisboa, Lisboa, 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 €495,000 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 |
|---|---|---|---|
| €495,000 | £408,598 | £431,645 | £23,047 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £408,598 |
| Maximum cost in the last six months | £431,645 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,047 |
Lisboa, Lisboa, 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 €495,000 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 |
|---|---|---|---|
| €495,000 | £408,598 | £431,645 | £23,047 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £408,598 |
| Maximum cost in the last six months | £431,645 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,047 |
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 £23,047 more.
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