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Urban Land - Machico
Machico, Ilha da Madeira, Portugal, 9200-120
REF: 680997
€100,000
Description
Urban Land for housing construction, with access by car.
View over the city of Machico. Available for sale, land of 690 m2 in Machico, overlooking the sea and the city. Located in a quiet and safe residential area, this plot is perfect for building the house of your dreams, or 2 semi-detached villas.
With easy access to the main roads and just a few minutes' drive from Machico city centre, this site offers an ideal combination of privacy and tranquility. In addition, a breathtaking view of the sea and the city adds a special touch to this property.
This land is perfect for those looking for a solid real estate investment in a growing area. With the possibility of building a custom house, you can turn this land into your own particular dream.
Do not miss the opportunity to acquire this exceptional land in Machico. Contact us for more information and to schedule a visit.
SN YOUR TRUSTED REAL ESTATE
Urban Land for housing construction, with access by car.
View over the city of Machico. Available for sale, land of 690 m2 in Machico, overlooking the sea and the city. Located in a quiet and safe residential area, this plot is perfect for building the house of your dreams, or 2 semi-detached villas.
With easy access to the main roads and just a few minutes' drive from Machico city centre, this site offers an ideal combination of privacy and tranquility. In addition, a breathtaking view of the sea and the city adds a special touch to this property.
This land is perfect for those looking for a solid real estate investment in a growing area. With the possibility of building a custom house, you can turn this land into your own particular dream.
Do not miss the opportunity to acquire this exceptional land in Machico. Contact us for more information and to schedule a visit.
SN YOUR TRUSTED REAL ESTATE
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Property on Map
Currency Exchange
Machico, Ilha da Madeira, Portugal, 9200-120
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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,390 | £85,945 | £3,555 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,390 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,555 |
Machico, Ilha da Madeira, Portugal, 9200-120
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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,390 | £85,945 | £3,555 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,390 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,555 |
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 £3,555 more.
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