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T1 house, with the possibility of being transformed into more usable area, situated on a plot of 620 m² of total area and a gross construction area of 146 m², located in a quiet area where tranquility is its greatest ally
Viana do Castelo, Viana do Castelo, Portugal
REF: 999881
€195,000
Description
T1 house, with the possibility of being transformed into more usable area, situated on a plot of 620 m² of total area and a gross construction area of 146 m², located in a quiet area where tranquility is its greatest ally. With excellent sun exposure, this property stands out for the possibility of expanding the usable area of the dwelling, easily adapting to your needs and future projects. In addition to the main house, it also has an external annex, with potential to be transformed into an additional T1, ideal for hosting family, friends, or even for rental purposes. A unique opportunity for those looking for a versatile space, in a calm environment with great potential for appreciation. DO YOU KNOW VILA FRANCA? Vila Franca is a parish located in the municipality of Viana do Castelo, nestled in a typically Minho region, where tradition, nature, and tranquility meet in perfect harmony. Known for its lush and rural landscape, it is an ideal place for those seeking quality of life in a calm environment, yet close to the city. One of its greatest symbols is the Festa das Rosas, a religious and cultural celebration deeply rooted in the community, recognized as Intangible Cultural Heritage. Moreover, Vila Franca is part of an area of high environmental value, highlighted by the Lagoas de Vila Franca, an important ecosystem where a great diversity of fauna and flora can be observed. With a strong connection to agricultural traditions and a welcoming community, Vila Franca is a place that preserves the best of the past while offering excellent conditions for living or investing. #ref: 145772
T1 house, with the possibility of being transformed into more usable area, situated on a plot of 620 m² of total area and a gross construction area of 146 m², located in a quiet area where tranquility is its greatest ally. With excellent sun exposure, this property stands out for the possibility of expanding the usable area of the dwelling, easily adapting to your needs and future projects. In addition to the main house, it also has an external annex, with potential to be transformed into an additional T1, ideal for hosting family, friends, or even for rental purposes. A unique opportunity for those looking for a versatile space, in a calm environment with great potential for appreciation. DO YOU KNOW VILA FRANCA? Vila Franca is a parish located in the municipality of Viana do Castelo, nestled in a typically Minho region, where tradition, nature, and tranquility meet in perfect harmony. Known for its lush and rural landscape, it is an ideal place for those seeking quality of life in a calm environment, yet close to the city. One of its greatest symbols is the Festa das Rosas, a religious and cultural celebration deeply rooted in the community, recognized as Intangible Cultural Heritage. Moreover, Vila Franca is part of an area of high environmental value, highlighted by the Lagoas de Vila Franca, an important ecosystem where a great diversity of fauna and flora can be observed. With a strong connection to agricultural traditions and a welcoming community, Vila Franca is a place that preserves the best of the past while offering excellent conditions for living or investing. #ref: 145772
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Currency Exchange
Viana do Castelo, Viana do Castelo, 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 €195,000 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 |
|---|---|---|---|
| €195,000 | £160,963 | £170,687 | £9,725 |
| Property Price € | €195,000 |
| Minimum cost in the last six months | £160,963 |
| Maximum cost in the last six months | £170,687 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,725 |
Viana do Castelo, Viana do Castelo, 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 €195,000 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 |
|---|---|---|---|
| €195,000 | £160,963 | £170,687 | £9,725 |
| Property Price € | €195,000 |
| Minimum cost in the last six months | £160,963 |
| Maximum cost in the last six months | £170,687 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,725 |
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 £9,725 more.
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