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Rustic house in the center of Estreito da Calheta
Calheta, Ilha da Madeira, Portugal, 9370-206
REF: 761145
€490,000
Description
Rustic house to recover with excellent land in the center of the Estreito da Calheta. 3 bedroom villa with sea view, set in a plot of 2,872 m2, to recover, fabulous view of the sunset, in the center of the parish. 3 bedroom villa in the charming parish of Estreito da Calheta, on a plot of 2,872 m2, waiting to be restored. Enjoy the panoramic view over the sea and the magnificent sunset of Calheta.
This charming villa boasts authentic Madeiran architecture, with three cosy bedrooms, a dining room and living room, a kitchen with a traditional wood-burning oven, and even its own wine press. The surrounding land offers space to create an extensive leisure space, complete with barbecue and a lush garden, or for agricultural profitability. The more than 2,000 have already produced sugar cane, bananas and vines.
Here, you will have the opportunity to restore this villa to be your permanent residence, or turn it into an investment of unparalleled value.
Don't miss the opportunity to invest in one of the most desirable and stunning municipalities on Madeira Island, Calheta, in the south of the island. Your paradise awaits you!
Book your visit!!
SN Real Estate, your real estate agency!
Rustic house to recover with excellent land in the center of the Estreito da Calheta. 3 bedroom villa with sea view, set in a plot of 2,872 m2, to recover, fabulous view of the sunset, in the center of the parish. 3 bedroom villa in the charming parish of Estreito da Calheta, on a plot of 2,872 m2, waiting to be restored. Enjoy the panoramic view over the sea and the magnificent sunset of Calheta.
This charming villa boasts authentic Madeiran architecture, with three cosy bedrooms, a dining room and living room, a kitchen with a traditional wood-burning oven, and even its own wine press. The surrounding land offers space to create an extensive leisure space, complete with barbecue and a lush garden, or for agricultural profitability. The more than 2,000 have already produced sugar cane, bananas and vines.
Here, you will have the opportunity to restore this villa to be your permanent residence, or turn it into an investment of unparalleled value.
Don't miss the opportunity to invest in one of the most desirable and stunning municipalities on Madeira Island, Calheta, in the south of the island. Your paradise awaits you!
Book your visit!!
SN Real Estate, your real estate agency!
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Property on Map
Currency Exchange
Calheta, Ilha da Madeira, Portugal, 9370-206
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 €490,000 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 |
|---|---|---|---|
| €490,000 | £411,267 | £422,654 | £11,388 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £411,267 |
| Maximum cost in the last six months | £422,654 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,388 |
Calheta, Ilha da Madeira, Portugal, 9370-206
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 €490,000 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 |
|---|---|---|---|
| €490,000 | £411,267 | £422,654 | £11,388 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £411,267 |
| Maximum cost in the last six months | £422,654 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,388 |
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 £11,388 more.
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