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Land with 1753m2 in Calheta with unparalleled views
Calheta, Ilha da Madeira, Portugal, 9370-121
REF: 804648
€595,000
Description
Land with Sea Views and Potential for Two Villas
Located in a prime area, this 1753m plot offers a unique opportunity for investors or anyone looking to build their dream home in a stunning setting.
With 1753m of generous space, this plot offers spaciousness and flexibility to develop custom projects. Enjoy stunning sea views, ensuring a serene and relaxing atmosphere.
An old house is already present on the site, offering the possibility of renovation or demolition to make way for new projects.
This plot is a unique investment opportunity in a prime location, where the combination of space, ocean views and potential for construction offers unrivalled value.
Contact us today for more information and to schedule a site visit.
Land with Sea Views and Potential for Two Villas
Located in a prime area, this 1753m plot offers a unique opportunity for investors or anyone looking to build their dream home in a stunning setting.
With 1753m of generous space, this plot offers spaciousness and flexibility to develop custom projects. Enjoy stunning sea views, ensuring a serene and relaxing atmosphere.
An old house is already present on the site, offering the possibility of renovation or demolition to make way for new projects.
This plot is a unique investment opportunity in a prime location, where the combination of space, ocean views and potential for construction offers unrivalled value.
Contact us today for more information and to schedule a site visit.
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Property on Map
Currency Exchange
Calheta, Ilha da Madeira, Portugal, 9370-121
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 €595,000 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 |
|---|---|---|---|
| €595,000 | £499,395 | £513,223 | £13,828 |
| Property Price € | €595,000 |
| Minimum cost in the last six months | £499,395 |
| Maximum cost in the last six months | £513,223 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,828 |
Calheta, Ilha da Madeira, Portugal, 9370-121
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 €595,000 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 |
|---|---|---|---|
| €595,000 | £499,395 | £513,223 | £13,828 |
| Property Price € | €595,000 |
| Minimum cost in the last six months | £499,395 |
| Maximum cost in the last six months | £513,223 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,828 |
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 £13,828 more.
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