Search
This property in Funchal 32 L is registered as an Organic Farm
Funchal, Ilha da Madeira, Portugal
REF: 729328
€1,500,000
Description
This property in Funchal 32 L is registered as an Organic Farm. All the 26250 m2 are organic soil. It has 600 fruit trees,a water tank with 130m3 is perfect for the needs of water of a possible construction. The irrigation system is automatic and connected throughout all the land for watering the trees. The client buying the land has the chance to continue the farm as all EU funding can be quickly changed to their name. This type of soil is the best in Madeira, the property has an awesome Sun exposure and a breathtaking final view of the Ocean. The famous water Paths of Madeira known as Levadas are 5 minutes away making it perfect for incorporating a Tea House or a Nature and Wellness Spa retreat. Possibility to build an eco tourism Hotel or Bungalows. At this moment it is possible to construct 5000 m2. The property has 2 access to the road, the highway is less than 10m away from the property. #ref: 102903
This property in Funchal 32 L is registered as an Organic Farm. All the 26250 m2 are organic soil. It has 600 fruit trees,a water tank with 130m3 is perfect for the needs of water of a possible construction. The irrigation system is automatic and connected throughout all the land for watering the trees. The client buying the land has the chance to continue the farm as all EU funding can be quickly changed to their name. This type of soil is the best in Madeira, the property has an awesome Sun exposure and a breathtaking final view of the Ocean. The famous water Paths of Madeira known as Levadas are 5 minutes away making it perfect for incorporating a Tea House or a Nature and Wellness Spa retreat. Possibility to build an eco tourism Hotel or Bungalows. At this moment it is possible to construct 5000 m2. The property has 2 access to the road, the highway is less than 10m away from the property. #ref: 102903
Read More
Property on Map
Currency Exchange
Funchal, Ilha da Madeira, Portugal
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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,258,650 | £1,293,840 | £35,190 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,258,650 |
| Maximum cost in the last six months | £1,293,840 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,190 |
Funchal, Ilha da Madeira, Portugal
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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,258,650 | £1,293,840 | £35,190 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,258,650 |
| Maximum cost in the last six months | £1,293,840 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,190 |
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 £35,190 more.
Search popular regions
Useful links
Hi {{firstName}},
Enquire about this property
Make an Enquiry on this property
No Yes
No Yes
I agree to be connected with a trusted property agent who will receive
these details.
We handle your data with care and only ever as outlined in our
Privacy Policy
Thank you for your
enquiry!
Our partner agent will be in touch with you shortly.
Our partner agent will be in touch with you shortly.
Enquire about this property
No
Yes
No
Yes
I agree to be connected with the property agent for more detail on this
listing.
We handle your data with care and only ever as outlined in our
Privacy Policy
