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Land with 2,374
Ribeira Grande, Ilha de São Miguel, Portugal, 9625-060
REF: 601924
€59,950
Description
Urban Land with 2.374,00 m2. Intended for the construction of a 4 bedroom villa. Privileged Location. Demure Zone. Opportunity. Sea and Mountain View. Urban Land with 2,374.00 m2
Intended for the Construction of a Villa V4
Privileged Location Zona Demurada
Oportunidade Mar and Serra
Fenais da Ajuda is a Portuguese parish of the municipality of Ribeira Grande, with 14.33 km of area and 1 131 inhabitants (2011). Its population density is 78.9 inhabitants/km . It is located at a latitude 37.85 (37 51') North and longitude 25.31667 (25 19') West, being at an altitude of meter.
The parish of Fenais da Ajuda is so named due to the abundance of hay, which once existed, and d'Ajuda in honor of the patron saint of the former Franciscan Convent that existed in the place. Similarly, this locality was also known as Fenais da Vera Cruz, due to the similarity of its tip with a cross, or Fenais da Maia, because it was the term of the parish of Maia.
Urban Land with 2.374,00 m2. Intended for the construction of a 4 bedroom villa. Privileged Location. Demure Zone. Opportunity. Sea and Mountain View. Urban Land with 2,374.00 m2
Intended for the Construction of a Villa V4
Privileged Location Zona Demurada
Oportunidade Mar and Serra
Fenais da Ajuda is a Portuguese parish of the municipality of Ribeira Grande, with 14.33 km of area and 1 131 inhabitants (2011). Its population density is 78.9 inhabitants/km . It is located at a latitude 37.85 (37 51') North and longitude 25.31667 (25 19') West, being at an altitude of meter.
The parish of Fenais da Ajuda is so named due to the abundance of hay, which once existed, and d'Ajuda in honor of the patron saint of the former Franciscan Convent that existed in the place. Similarly, this locality was also known as Fenais da Vera Cruz, due to the similarity of its tip with a cross, or Fenais da Maia, because it was the term of the parish of Maia.
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Currency Exchange
Ribeira Grande, Ilha de São Miguel, Portugal, 9625-060
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 €59,950 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 |
|---|---|---|---|
| €59,950 | £49,657 | £51,524 | £1,867 |
| Property Price € | €59,950 |
| Minimum cost in the last six months | £49,657 |
| Maximum cost in the last six months | £51,524 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,867 |
Ribeira Grande, Ilha de São Miguel, Portugal, 9625-060
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 €59,950 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 |
|---|---|---|---|
| €59,950 | £49,657 | £51,524 | £1,867 |
| Property Price € | €59,950 |
| Minimum cost in the last six months | £49,657 |
| Maximum cost in the last six months | £51,524 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,867 |
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 £1,867 more.
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