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New Development in Funchal
Funchal, Ilha da Madeira, Portugal, 9000-150
REF: 663588
€270,000
Description
1 bedroom apartment, with touch stuck in a superior quality, above average areas, private condominium. The Enterprise has fractions (T1, T2 and T3) divided into 3 floors;
For a higher quality of family life, it offers residents a pool in a common area;
Applying the latest technologies and building materials, this building is guaranteed a comfortable experience, ensured by an energy class
A.From the exterior walls passing to aluminum frames with double glazing and low emissivity, all materials have been selected to ensure a high thermal and acoustic comfort;
At the level of interior finishes, the materials applied are of superior quality, highlighting the vinyl floor, doors and wardrobes lacquered in white and kitchens with countertops in silestone, the kitchen fully equipped with teka appliances.
For more information contact:
Rui Madeira (+351) 967 829 341 or Joana Barreiro (+351) 968364885
1 bedroom apartment, with touch stuck in a superior quality, above average areas, private condominium. The Enterprise has fractions (T1, T2 and T3) divided into 3 floors;
For a higher quality of family life, it offers residents a pool in a common area;
Applying the latest technologies and building materials, this building is guaranteed a comfortable experience, ensured by an energy class
A.From the exterior walls passing to aluminum frames with double glazing and low emissivity, all materials have been selected to ensure a high thermal and acoustic comfort;
At the level of interior finishes, the materials applied are of superior quality, highlighting the vinyl floor, doors and wardrobes lacquered in white and kitchens with countertops in silestone, the kitchen fully equipped with teka appliances.
For more information contact:
Rui Madeira (+351) 967 829 341 or Joana Barreiro (+351) 968364885
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Property on Map
Currency Exchange
Funchal, Ilha da Madeira, Portugal, 9000-150
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 €270,000 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 |
|---|---|---|---|
| €270,000 | £223,644 | £232,052 | £8,408 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £223,644 |
| Maximum cost in the last six months | £232,052 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,408 |
Funchal, Ilha da Madeira, Portugal, 9000-150
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 €270,000 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 |
|---|---|---|---|
| €270,000 | £223,644 | £232,052 | £8,408 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £223,644 |
| Maximum cost in the last six months | £232,052 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,408 |
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 £8,408 more.
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