New 1 Bedroom Apartments - Virtudes, Funchal

Funchal, Ilha da Madeira, Portugal, 9000-616

For Sale

€340,000

REF: 793289 €340,000


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Description

Unmissable new development located in Virtudes, Funchal with incredible views! 1 bedroom apartment located in Funchal, Madeira. The apartment offers a one-bedroom configuration, ideal for a small family or couple. It is situated on the ground floor, providing a pleasant view and a tranquil atmosphere. Apartment features: - One bedroom, ideal for comfortably accommodating the residents. - A bathroom - Fully equipped kitchen, offering all appliances. - A balcony, adding outdoor space and allowing residents to enjoy the area's mild climate and surrounding views. - Privileged location, close to all essential services, such as supermarkets, restaurants, pharmacies and public transport. - Privileged area, known for its safety, convenience and quality of life. This apartment offers a unique opportunity to enjoy Funchal's vibrant and relaxed lifestyle, combining comfort, convenience and proximity to the best features in the region. Come and see the development with us!
Unmissable new development located in Virtudes, Funchal with incredible views! 1 bedroom apartment located in Funchal, Madeira. The apartment offers a one-bedroom configuration, ideal for a small family or couple. It is situated on the ground floor, providing a pleasant view and a tranquil atmosphere. Apartment features: - One bedroom, ideal for comfortably accommodating the residents. - A bathroom - Fully equipped kitchen, offering all appliances. - A balcony, adding outdoor space and allowing residents to enjoy the area's mild climate and surrounding views. - Privileged location, close to all essential services, such as supermarkets, restaurants, pharmacies and public transport. - Privileged area, known for its safety, convenience and quality of life. This apartment offers a unique opportunity to enjoy Funchal's vibrant and relaxed lifestyle, combining comfort, convenience and proximity to the best features in the region. Come and see the development with us!
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Property on Map

#1241

Currency Exchange

Funchal, Ilha da Madeira, Portugal, 9000-616

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 €340,000 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
€340,000 £281,625 £292,213 £10,588
Property Price € €340,000
Minimum cost in the last six months £281,625
Maximum cost in the last six months £292,213
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,588

Funchal, Ilha da Madeira, Portugal, 9000-616

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 €340,000 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
€340,000 £281,625 £292,213 £10,588
Property Price € €340,000
Minimum cost in the last six months £281,625
Maximum cost in the last six months £292,213
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,588

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 £10,588 more.

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