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Unique investment opportunity in a privileged location! This large plot of 4179 m² offers the possibility of building not just one, but four exclusive villas, all with stunning views of the sea
Calheta (Madeira), Ilha da Madeira, Portugal
REF: 774159
€450,000
Description
Unique investment opportunity in a privileged location! This large plot of 4179 m² offers the possibility of building not just one, but four exclusive villas, all with stunning views of the sea. Located in Estreito da Calheta, close to the picturesque and beloved Praia de Areia, this land is an invitation for anyone looking for a paradisiacal place to live or invest. Main features: * Total Area: 4179 m² * Opportunity for 4 Houses: Ideal for investors or builders who wish to explore the potential of this large space to develop exclusive residences. * Sea View Location: Each villa will have the privilege of enjoying panoramic views of the ocean, providing a serene and inspiring environment. * Proximity to Praia de Areia: Just a few steps from one of the most charming beaches in the region, perfect for relaxing and enjoying the mild climate and crystal clear waters. Investment Potential: This land offers enormous potential for residential construction, whether for own use, rental or sale. Its strategic location, combined with the possibility of four villas with sea views, makes it a highly attractive investment for those looking for a solid return and long-term appreciation. Location and Access: Located in an area of great demand and prestige, Estreito da Calheta is known for its natural beauty and proximity to essential amenities, such as restaurants, local shops and easy access to main roads. Don't miss the opportunity to make your project of building a unique space in this paradisiacal location a reality! For more information about this exceptional land and its possibilities, contact us and schedule a visit to get to know this incredible real estate investment opportunity up close. #ref: 108997
Unique investment opportunity in a privileged location! This large plot of 4179 m² offers the possibility of building not just one, but four exclusive villas, all with stunning views of the sea. Located in Estreito da Calheta, close to the picturesque and beloved Praia de Areia, this land is an invitation for anyone looking for a paradisiacal place to live or invest. Main features: * Total Area: 4179 m² * Opportunity for 4 Houses: Ideal for investors or builders who wish to explore the potential of this large space to develop exclusive residences. * Sea View Location: Each villa will have the privilege of enjoying panoramic views of the ocean, providing a serene and inspiring environment. * Proximity to Praia de Areia: Just a few steps from one of the most charming beaches in the region, perfect for relaxing and enjoying the mild climate and crystal clear waters. Investment Potential: This land offers enormous potential for residential construction, whether for own use, rental or sale. Its strategic location, combined with the possibility of four villas with sea views, makes it a highly attractive investment for those looking for a solid return and long-term appreciation. Location and Access: Located in an area of great demand and prestige, Estreito da Calheta is known for its natural beauty and proximity to essential amenities, such as restaurants, local shops and easy access to main roads. Don't miss the opportunity to make your project of building a unique space in this paradisiacal location a reality! For more information about this exceptional land and its possibilities, contact us and schedule a visit to get to know this incredible real estate investment opportunity up close. #ref: 108997
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Currency Exchange
Calheta (Madeira), 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
Calheta (Madeira), 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
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 £14,013 more.
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