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Land located in Lomba do Button, known as Sebastião Alves, with an area of 1,672,699 m2, with extreme north of the Planalto dos Greguiis, to the east the Ribeira of Rio Fajado and to the south / west of Ribeira das Vacas
Povoação, Ilha de São Miguel, Portugal
REF: 529247
€950,000
Description
Land located in Lomba do Button, known as Sebastião Alves, with an area of 1,672,699 m2, with extreme north of the Planalto dos Greguiis, to the east the Ribeira of Rio Fajado and to the south / west of Ribeira das Vacas. This land has a higher area (191,991 m2) with about 16,560 trees, an intermediate area (429,500 m2) with about 48,048 trees and a lower area (390,320 m2) with about 25,320 trees. These trees are of the Azorean cryptomeria species - Cryptomeria japónica D. Don under immediate cut conditions. It also has very flat pastures with 223,700 m2 and an uncultivated area (437,188 m2) with wood / acacia trees. Excellent investment opportunity. Contact us for more information. #ref: 57043
Land located in Lomba do Button, known as Sebastião Alves, with an area of 1,672,699 m2, with extreme north of the Planalto dos Greguiis, to the east the Ribeira of Rio Fajado and to the south / west of Ribeira das Vacas. This land has a higher area (191,991 m2) with about 16,560 trees, an intermediate area (429,500 m2) with about 48,048 trees and a lower area (390,320 m2) with about 25,320 trees. These trees are of the Azorean cryptomeria species - Cryptomeria japónica D. Don under immediate cut conditions. It also has very flat pastures with 223,700 m2 and an uncultivated area (437,188 m2) with wood / acacia trees. Excellent investment opportunity. Contact us for more information. #ref: 57043
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Currency Exchange
Povoação, Ilha de São Miguel, 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 €950,000 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 |
|---|---|---|---|
| €950,000 | £786,895 | £816,478 | £29,583 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £786,895 |
| Maximum cost in the last six months | £816,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,583 |
Povoação, Ilha de São Miguel, 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 €950,000 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 |
|---|---|---|---|
| €950,000 | £786,895 | £816,478 | £29,583 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £786,895 |
| Maximum cost in the last six months | £816,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,583 |
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 £29,583 more.
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