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Excellent land with 1560M2 for construction, next to the road and near the Levada do Rei in S
Santana, Ilha da Madeira, Portugal, 9230-151
REF: 711552
€90,000
Description
This is a very sought after place for tourism in the Levada do Rei, however, it can also be the most suitable region for those who want to settle quietly for a life in contact with nature. This is a very sought after place for tourism in the Levada do Rei, however, it can also be the most suitable region for those who want to settle quietly for a life in contact with nature and 5 Minutes from the center of S. Jorge. In addition to the charming gardens, you will have at your disposal schools, supermarkets, pharmacy, access to the expressway, etc...
This land located in São Jorge, on the island of Madeira, with an area of 1560m , is located next to the road and close to the famous Levada do Rei. This strategic location offers several possibilities for construction, such as private housing, accommodation or restoration.
To build a private villa, you have enough space to design a spacious residence with garden and leisure area. You can enjoy the stunning view of the region and design a house that integrates perfectly with the surrounding natural landscape. In addition, the proximity of the road will facilitate access to housing and offer convenience to residents.
If you consider the possibility of building an accommodation, the land also offers a great potential. You can build a small accommodation complex, such as a boutique hotel or holiday homes. The location close to the road and the Levada do Rei would be attractive to tourists wishing to explore the region, providing an excellent business opportunity.
Another option would be to build a catering establishment, such as a restaurant or café. With the proximity of the road, it can attract both tourists passing through the region and locals. The Levada do Rei will be an additional attraction for visitors, making the place even more interesting for a catering establishment.
In summary, this land offers several construction opportunities, such as private housing, accommodation or catering establishment. The strategic location and natural beauty of the region are strengths that can make any venture successful.
Contact us and schedule your visit!
SN Real Estate
, Your Real Estate!
This is a very sought after place for tourism in the Levada do Rei, however, it can also be the most suitable region for those who want to settle quietly for a life in contact with nature. This is a very sought after place for tourism in the Levada do Rei, however, it can also be the most suitable region for those who want to settle quietly for a life in contact with nature and 5 Minutes from the center of S. Jorge. In addition to the charming gardens, you will have at your disposal schools, supermarkets, pharmacy, access to the expressway, etc...
This land located in São Jorge, on the island of Madeira, with an area of 1560m , is located next to the road and close to the famous Levada do Rei. This strategic location offers several possibilities for construction, such as private housing, accommodation or restoration.
To build a private villa, you have enough space to design a spacious residence with garden and leisure area. You can enjoy the stunning view of the region and design a house that integrates perfectly with the surrounding natural landscape. In addition, the proximity of the road will facilitate access to housing and offer convenience to residents.
If you consider the possibility of building an accommodation, the land also offers a great potential. You can build a small accommodation complex, such as a boutique hotel or holiday homes. The location close to the road and the Levada do Rei would be attractive to tourists wishing to explore the region, providing an excellent business opportunity.
Another option would be to build a catering establishment, such as a restaurant or café. With the proximity of the road, it can attract both tourists passing through the region and locals. The Levada do Rei will be an additional attraction for visitors, making the place even more interesting for a catering establishment.
In summary, this land offers several construction opportunities, such as private housing, accommodation or catering establishment. The strategic location and natural beauty of the region are strengths that can make any venture successful.
Contact us and schedule your visit!
SN Real Estate
, Your Real Estate!
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Property on Map
Currency Exchange
Santana, Ilha da Madeira, Portugal, 9230-151
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 €90,000 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 |
|---|---|---|---|
| €90,000 | £74,548 | £77,351 | £2,803 |
| Property Price € | €90,000 |
| Minimum cost in the last six months | £74,548 |
| Maximum cost in the last six months | £77,351 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,803 |
Santana, Ilha da Madeira, Portugal, 9230-151
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 €90,000 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 |
|---|---|---|---|
| €90,000 | £74,548 | £77,351 | £2,803 |
| Property Price € | €90,000 |
| Minimum cost in the last six months | £74,548 |
| Maximum cost in the last six months | £77,351 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,803 |
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 £2,803 more.
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