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English: Exceptional Opportunity! Plot of Land with Breathtaking View in Funchal City, Monte Discover the uniqueness of this strategically positioned plot on the Path of Lajinhas, offering a spectacular panoramic view of Funchal City
Santa Cruz, Ilha da Madeira, Portugal
REF: 787172
€170,000
Description
English: Exceptional Opportunity! Plot of Land with Breathtaking View in Funchal City, Monte Discover the uniqueness of this strategically positioned plot on the Path of Lajinhas, offering a spectacular panoramic view of Funchal City. With a generous 960 sqm, this plot includes a house in ruins, providing a unique restoration opportunity. This location is a true paradise for nature lovers, showcasing a magnificent view of the Atlantic Ocean and sun exposure throughout the day. Picture yourself experiencing the daily spectacle of sunrise and sunset, creating unforgettable memories in a natural and serene environment. This land is the perfect canvas to build your dream home, incorporating the picturesque scenery of Funchal City. Situated by the road and close to tourist centers in Monte, such as the cable car, Church of Monte, and the famous basket sleds, this location offers convenience and accessibility. Key Features: Land Area: 960 sqm Strategic Location: Path of Lajinhas, Monte Restoration Opportunity: House in Ruins Panoramic View: Funchal City and Atlantic Ocean Sun Exposure: Throughout the Day Proximity to Tourist Attractions: Cable Car, Church of Monte, Basket Sleds Don't miss the opportunity to acquire this unique piece of paradise in Monte. Contact us now for more information or to schedule a visit. This could be the beginning of a life filled with tranquility and natural beauty, with easy access to the tourist charms of Monte. #ref: 111795
English: Exceptional Opportunity! Plot of Land with Breathtaking View in Funchal City, Monte Discover the uniqueness of this strategically positioned plot on the Path of Lajinhas, offering a spectacular panoramic view of Funchal City. With a generous 960 sqm, this plot includes a house in ruins, providing a unique restoration opportunity. This location is a true paradise for nature lovers, showcasing a magnificent view of the Atlantic Ocean and sun exposure throughout the day. Picture yourself experiencing the daily spectacle of sunrise and sunset, creating unforgettable memories in a natural and serene environment. This land is the perfect canvas to build your dream home, incorporating the picturesque scenery of Funchal City. Situated by the road and close to tourist centers in Monte, such as the cable car, Church of Monte, and the famous basket sleds, this location offers convenience and accessibility. Key Features: Land Area: 960 sqm Strategic Location: Path of Lajinhas, Monte Restoration Opportunity: House in Ruins Panoramic View: Funchal City and Atlantic Ocean Sun Exposure: Throughout the Day Proximity to Tourist Attractions: Cable Car, Church of Monte, Basket Sleds Don't miss the opportunity to acquire this unique piece of paradise in Monte. Contact us now for more information or to schedule a visit. This could be the beginning of a life filled with tranquility and natural beauty, with easy access to the tourist charms of Monte. #ref: 111795
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Currency Exchange
Santa Cruz, 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 €170,000 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 |
|---|---|---|---|
| €170,000 | £140,813 | £146,107 | £5,294 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £140,813 |
| Maximum cost in the last six months | £146,107 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,294 |
Santa Cruz, 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 €170,000 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 |
|---|---|---|---|
| €170,000 | £140,813 | £146,107 | £5,294 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £140,813 |
| Maximum cost in the last six months | £146,107 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,294 |
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 £5,294 more.
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