Land w/ approved project M T3

Calheta, Ilha da Madeira, Portugal, 9370-236

For Sale

€185,000

REF: 755878 €185,000


Description

Land with an area of 1025m2, with an approved project already licensed, for a house with typology T3, ready to build in the parish of Arco da Calheta, in a very quiet area. Located in the parish of Arco da Calheta, at a very low level, but specifically in the Ledo area, very close to Engenho Velho, with an area of 1025m2, overlooking the Atlantic Ocean. With an approved project for a 3 bedroom villa, already licensed with all specialties or ready to build. The villa has a single floor with 3 bedrooms, living room, kitchen, 4 bathrooms and swimming pool in the garden. Take advantage of this opportunity. SN real estate.
Land with an area of 1025m2, with an approved project already licensed, for a house with typology T3, ready to build in the parish of Arco da Calheta, in a very quiet area. Located in the parish of Arco da Calheta, at a very low level, but specifically in the Ledo area, very close to Engenho Velho, with an area of 1025m2, overlooking the Atlantic Ocean. With an approved project for a 3 bedroom villa, already licensed with all specialties or ready to build. The villa has a single floor with 3 bedrooms, living room, kitchen, 4 bathrooms and swimming pool in the garden. Take advantage of this opportunity. SN real estate.
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Property on Map

#071772

Currency Exchange

Calheta, Ilha da Madeira, Portugal, 9370-236

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 €185,000 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
€185,000 £153,237 £158,998 £5,761
Property Price € €185,000
Minimum cost in the last six months £153,237
Maximum cost in the last six months £158,998
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,761

Calheta, Ilha da Madeira, Portugal, 9370-236

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 €185,000 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
€185,000 £153,237 £158,998 £5,761
Property Price € €185,000
Minimum cost in the last six months £153,237
Maximum cost in the last six months £158,998
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,761

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 £5,761 more.

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