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House T3 very well located, inserted in a building with more than 1200m of land
Cmara de Lobos, Ilha da Madeira, Portugal
REF: 320189
€395,000
Description
House T3 very well located, inserted in a building with more than 1200m of land. The building has two road fronts. The house consists of several rooms, the private area has 3 bedrooms, 1 bathroom, with access to the outside, with a balcony with a large area. The property in the social area, has a huge lounge, with other rooms, 1 kitchen, 1 bathroom, the remaining rooms, can be used for storage or office. It has a mountain view, with good sun exposure. It has parking inside the property for several vehicles. It is on the side of the road, with quick and easy access. The building also has great potential for construction, probably a perfect and safe investment. Choose iad and benefit from the support of the largest network of independent real estate consultants in Portugal. Iad is born from an innovative model that breaks with the traditional concept of real estate agency, promoting a close relationship between the consultant and the client. The success of the iad group is reflected in thousands of consultants, online properties and deals. #ref: 39478
House T3 very well located, inserted in a building with more than 1200m of land. The building has two road fronts. The house consists of several rooms, the private area has 3 bedrooms, 1 bathroom, with access to the outside, with a balcony with a large area. The property in the social area, has a huge lounge, with other rooms, 1 kitchen, 1 bathroom, the remaining rooms, can be used for storage or office. It has a mountain view, with good sun exposure. It has parking inside the property for several vehicles. It is on the side of the road, with quick and easy access. The building also has great potential for construction, probably a perfect and safe investment. Choose iad and benefit from the support of the largest network of independent real estate consultants in Portugal. Iad is born from an innovative model that breaks with the traditional concept of real estate agency, promoting a close relationship between the consultant and the client. The success of the iad group is reflected in thousands of consultants, online properties and deals. #ref: 39478
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Currency Exchange
Cmara de Lobos, Ilha da Madeira, 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 €395,000 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 |
|---|---|---|---|
| €395,000 | £325,441 | £339,483 | £14,042 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £325,441 |
| Maximum cost in the last six months | £339,483 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,042 |
Cmara de Lobos, Ilha da Madeira, 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 €395,000 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 |
|---|---|---|---|
| €395,000 | £325,441 | £339,483 | £14,042 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £325,441 |
| Maximum cost in the last six months | £339,483 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,042 |
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 £14,042 more.
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