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House and Urban Land - Sto António
Funchal, Ilha da Madeira, Portugal, 9020-223
REF: 794495
€695,000
Description
House and Urban Land with Project for Restaurant with Parking, with a front of 20 meters to Rua Quinta do Leme, located in the parish of Sto António area with a lot of demand given its proximity to the city of Funchal, being close to schools, supermarkets, pharmacy, access to the highway, etc... House and Urban Land with Project for Restaurant with Parking, with a front of 25 meters to the street Quinta do Leme, located in the parish of Sto António area with a lot of demand given its proximity to the city of Funchal, being close to schools, supermarkets, pharmacy, access to the highway, etc...
Being in front of a busy road can attract both tourists passing through the region and locals, making the place even more interesting for a restaurant, or pastry and coffee establishment.
Here you can settle quietly for a life with quality and in contact with nature, building your Villa and/or Business to your total taste and refinement.
In summary, this land offers several building opportunities, such as a private home, accommodation or catering establishment, or building a small accommodation complex, such as a boutique hotel or holiday rentals. The strategic location, the natural beauty of the region and the proximity to Funchal are strengths that can make any venture successful.
Nowadays, investing in real estate can even be the first line of defense to protect your capital, because investing in real estate has always been safe and today it is safe and profitable.!!
Tell us about your dream on this paradise island! Leave the rest to us!
House and Urban Land with Project for Restaurant with Parking, with a front of 20 meters to Rua Quinta do Leme, located in the parish of Sto António area with a lot of demand given its proximity to the city of Funchal, being close to schools, supermarkets, pharmacy, access to the highway, etc... House and Urban Land with Project for Restaurant with Parking, with a front of 25 meters to the street Quinta do Leme, located in the parish of Sto António area with a lot of demand given its proximity to the city of Funchal, being close to schools, supermarkets, pharmacy, access to the highway, etc...
Being in front of a busy road can attract both tourists passing through the region and locals, making the place even more interesting for a restaurant, or pastry and coffee establishment.
Here you can settle quietly for a life with quality and in contact with nature, building your Villa and/or Business to your total taste and refinement.
In summary, this land offers several building opportunities, such as a private home, accommodation or catering establishment, or building a small accommodation complex, such as a boutique hotel or holiday rentals. The strategic location, the natural beauty of the region and the proximity to Funchal are strengths that can make any venture successful.
Nowadays, investing in real estate can even be the first line of defense to protect your capital, because investing in real estate has always been safe and today it is safe and profitable.!!
Tell us about your dream on this paradise island! Leave the rest to us!
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Property on Map
Currency Exchange
Funchal, Ilha da Madeira, Portugal, 9020-223
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 €695,000 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 |
|---|---|---|---|
| €695,000 | £575,675 | £597,318 | £21,642 |
| Property Price € | €695,000 |
| Minimum cost in the last six months | £575,675 |
| Maximum cost in the last six months | £597,318 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,642 |
Funchal, Ilha da Madeira, Portugal, 9020-223
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 €695,000 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 |
|---|---|---|---|
| €695,000 | £575,675 | £597,318 | £21,642 |
| Property Price € | €695,000 |
| Minimum cost in the last six months | £575,675 |
| Maximum cost in the last six months | £597,318 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,642 |
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 £21,642 more.
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