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Excellent T2 on the 8th Floor
Funchal, Ilha da Madeira, Portugal
REF: 646045
€475,000
Description
This Apartment is in the most exclusive area of Funchal with garden access to the pool and access to Formosa beach by elevator.
Area: 102.90M2;
Block: A;
Fraction: J;
Floor: 8;
Garage spaces: 1;
Private storage.
Y-shaped building, overlooking Praia Formosa, most of the apartments benefit from unobstructed views over the sea, with a range of 180 degrees, from Ponta da Cruz to Cabo Girão.
Here you will find the option for your lifestyle.
The attributes and quality of the project respond to the demanding needs of young and old, families, professionals and investors.
Apartments with sea view, infinity pool, children's pool, social areas, gym, condominium room, parking for visitors, garden, terrace and green area of 7000 m2.
It has direct private access to the sea and the beach, a relaxation, work and meeting area, being a condominium to enjoy in total tranquility.
It is in fact a unique and exclusive condominium, in the best residential area of Funchal.
This Apartment is in the most exclusive area of Funchal with garden access to the pool and access to Formosa beach by elevator.
Area: 102.90M2;
Block: A;
Fraction: J;
Floor: 8;
Garage spaces: 1;
Private storage.
Y-shaped building, overlooking Praia Formosa, most of the apartments benefit from unobstructed views over the sea, with a range of 180 degrees, from Ponta da Cruz to Cabo Girão.
Here you will find the option for your lifestyle.
The attributes and quality of the project respond to the demanding needs of young and old, families, professionals and investors.
Apartments with sea view, infinity pool, children's pool, social areas, gym, condominium room, parking for visitors, garden, terrace and green area of 7000 m2.
It has direct private access to the sea and the beach, a relaxation, work and meeting area, being a condominium to enjoy in total tranquility.
It is in fact a unique and exclusive condominium, in the best residential area of Funchal.
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Property on Map
Currency Exchange
Funchal, 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 €475,000 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 |
|---|---|---|---|
| €475,000 | £395,105 | £408,795 | £13,690 |
| Property Price € | €475,000 |
| Minimum cost in the last six months | £395,105 |
| Maximum cost in the last six months | £408,795 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,690 |
Funchal, 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 €475,000 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 |
|---|---|---|---|
| €475,000 | £395,105 | £408,795 | £13,690 |
| Property Price € | €475,000 |
| Minimum cost in the last six months | £395,105 |
| Maximum cost in the last six months | £408,795 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,690 |
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 £13,690 more.
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