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Land with bungalows tourist project
Calheta, Ilha da Madeira, Portugal, 9370-623
REF: 653517
€500,000
Description
Land with tourist project of Bungalows on the South coast, more specifically in the parish of Prazeres in the municipality of Calheta. Land with an area of 10000,00m2 in the parish of Prazeres, municipality of Calheta, with a fabulous tourist project for Bungalows.
With excellent sun exposure throughout the year, in the middle of nature, in a very quiet area, great access, served by several essential services for the operation of this tourist investment, with restaurants, cafes, supermarkets, market, Atm, health center, leisure areas, among other services and attractions.
Do not miss this opportunity contact us SN Real Estate we have a team of professionals waiting for you.
SN Real Estate
Land with tourist project of Bungalows on the South coast, more specifically in the parish of Prazeres in the municipality of Calheta. Land with an area of 10000,00m2 in the parish of Prazeres, municipality of Calheta, with a fabulous tourist project for Bungalows.
With excellent sun exposure throughout the year, in the middle of nature, in a very quiet area, great access, served by several essential services for the operation of this tourist investment, with restaurants, cafes, supermarkets, market, Atm, health center, leisure areas, among other services and attractions.
Do not miss this opportunity contact us SN Real Estate we have a team of professionals waiting for you.
SN Real Estate
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Currency Exchange
Calheta, Ilha da Madeira, Portugal, 9370-623
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 €500,000 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 |
|---|---|---|---|
| €500,000 | £414,155 | £429,725 | £15,570 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £414,155 |
| Maximum cost in the last six months | £429,725 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,570 |
Calheta, Ilha da Madeira, Portugal, 9370-623
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 €500,000 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 |
|---|---|---|---|
| €500,000 | £414,155 | £429,725 | £15,570 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £414,155 |
| Maximum cost in the last six months | £429,725 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,570 |
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 £15,570 more.
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