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House under Construction
Calheta, Ilha da Madeira, Portugal, 9370-204
REF: 657652
€135,000
Description
Rustic style property in the Calheta Strait, excellent sun exposure deployment area 61m divided into 2 floors. Opportunity. Isolated villa located in the area of Estreito da Calheta, municipality of Calheta, under reconstruction.
Rustic style property, oriented to the south, inserted in rural area, with 506 m2 of land, with implantation area of 61 m2. Highlight for the insertion in a quiet area and for the good accesses. This property offers unobstructed panoramic views. Excellent investment opportunity, with enough potential to rebuild your dream villa, in an area with excellent sun exposure. Don't waste any more time, contact us!
Rustic style property in the Calheta Strait, excellent sun exposure deployment area 61m divided into 2 floors. Opportunity. Isolated villa located in the area of Estreito da Calheta, municipality of Calheta, under reconstruction.
Rustic style property, oriented to the south, inserted in rural area, with 506 m2 of land, with implantation area of 61 m2. Highlight for the insertion in a quiet area and for the good accesses. This property offers unobstructed panoramic views. Excellent investment opportunity, with enough potential to rebuild your dream villa, in an area with excellent sun exposure. Don't waste any more time, contact us!
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Currency Exchange
Calheta, Ilha da Madeira, Portugal, 9370-204
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 €135,000 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 |
|---|---|---|---|
| €135,000 | £111,822 | £116,026 | £4,204 |
| Property Price € | €135,000 |
| Minimum cost in the last six months | £111,822 |
| Maximum cost in the last six months | £116,026 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,204 |
Calheta, Ilha da Madeira, Portugal, 9370-204
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 €135,000 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 |
|---|---|---|---|
| €135,000 | £111,822 | £116,026 | £4,204 |
| Property Price € | €135,000 |
| Minimum cost in the last six months | £111,822 |
| Maximum cost in the last six months | £116,026 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,204 |
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 £4,204 more.
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