House with 3+1 bedrooms - Fajã de Cima - Ponta Delgada

Ponta Delgada, Ilha de São Miguel, Portugal, 9500-511

For Sale

€349,950

REF: 628284 €349,950


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Description

House with 3+1 bedrooms. Wide Areas. 2 Kitchens. 2 wc's. Attachment. Garden. Swimming pool. Terrace. Sea and Mountain View. Villa with 3+1 Bedrooms Large Areas 2 Kitchens 2 Wc's Annex Garden Pool Terrace View Sea and Serra Fajã de Cima is a Portuguese parish of the municipality of Ponta Delgada, with 11.89 km of area and 3 438 inhabitants (2011).

Its population density is 289.2 inhabitants/km . Located in the interior of the island of S. Miguel, it is about 3 km from Ponta Delgada where the largest number of jobs is concentrated and, therefore, a complementary housing area of the county headquarters. The main activity is agriculture. The name of this locality, as mentioned by Frutuoso, derives from the fact that "it is based on ground, and from above, to distinguish it from another that is a little lower and is called Fajã de Baixo". Because it is a parish of farmers, its inhabitants have great devotion to Santo Antão, protector of animals.

In this locality, the Pinhal da Paz deserves special reference, which, at the beginning of the 20th century, was just a rough, arid and semi-abandoned property. However, its owner proceeded to its use and valorization, transforming that arid area into a stunning noget, unique in the Azores, having been planted thousands of cryptomerias, pines and azaleas along a maze of streets and small flowery boulevards. Under Regional Decree No. 12/82/A, the Pinhal da Paz area was defined as "Reserva de Recreio".
House with 3+1 bedrooms. Wide Areas. 2 Kitchens. 2 wc's. Attachment. Garden. Swimming pool. Terrace. Sea and Mountain View. Villa with 3+1 Bedrooms Large Areas 2 Kitchens 2 Wc's Annex Garden Pool Terrace View Sea and Serra Fajã de Cima is a Portuguese parish of the municipality of Ponta Delgada, with 11.89 km of area and 3 438 inhabitants (2011).

Its population density is 289.2 inhabitants/km . Located in the interior of the island of S. Miguel, it is about 3 km from Ponta Delgada where the largest number of jobs is concentrated and, therefore, a complementary housing area of the county headquarters. The main activity is agriculture. The name of this locality, as mentioned by Frutuoso, derives from the fact that "it is based on ground, and from above, to distinguish it from another that is a little lower and is called Fajã de Baixo". Because it is a parish of farmers, its inhabitants have great devotion to Santo Antão, protector of animals.

In this locality, the Pinhal da Paz deserves special reference, which, at the beginning of the 20th century, was just a rough, arid and semi-abandoned property. However, its owner proceeded to its use and valorization, transforming that arid area into a stunning noget, unique in the Azores, having been planted thousands of cryptomerias, pines and azaleas along a maze of streets and small flowery boulevards. Under Regional Decree No. 12/82/A, the Pinhal da Paz area was defined as "Reserva de Recreio".
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Property on Map

#326/M/03308

Currency Exchange

Ponta Delgada, Ilha de São Miguel, Portugal, 9500-511

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 €349,950 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
€349,950 £289,867 £300,765 £10,897
Property Price € €349,950
Minimum cost in the last six months £289,867
Maximum cost in the last six months £300,765
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,897

Ponta Delgada, Ilha de São Miguel, Portugal, 9500-511

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 €349,950 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
€349,950 £289,867 £300,765 £10,897
Property Price € €349,950
Minimum cost in the last six months £289,867
Maximum cost in the last six months £300,765
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,897

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 £10,897 more.

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