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Discover this spectacular brand-new apartment, where space reigns supreme both inside and out
Cmara de Lobos, Ilha da Madeira, Portugal
REF: 817238
€375,000
Description
Discover this spectacular brand-new apartment, where space reigns supreme both inside and out. With generous areas and two patios, one at the front and another at the rear, this property is a true urban oasis. The open-concept kitchen provides an extraordinary sense of spaciousness, making it the heart of the home. With two bedrooms, one of them ensuite, this apartment is bathed in natural light and offers direct access to the patios, bringing the serenity of the outdoors inside. Furthermore, the kitchen is fully equipped and the apartment already has an installed water heater, ensuring comfort and convenience. A storage room and two parking spaces, prepared for electric cars, complete the amenities of this modern home. The location is another advantage of this property, with quick access to the highway and proximity to supermarkets, schools, cafes, and other essential services, making it ideal for uncomplicated urban living. Don't miss the opportunity to make this apartment your new home! Schedule a visit today and start envisioning your future in this unique space, where comfort and practicality meet in perfect harmony! #ref: 117215
Discover this spectacular brand-new apartment, where space reigns supreme both inside and out. With generous areas and two patios, one at the front and another at the rear, this property is a true urban oasis. The open-concept kitchen provides an extraordinary sense of spaciousness, making it the heart of the home. With two bedrooms, one of them ensuite, this apartment is bathed in natural light and offers direct access to the patios, bringing the serenity of the outdoors inside. Furthermore, the kitchen is fully equipped and the apartment already has an installed water heater, ensuring comfort and convenience. A storage room and two parking spaces, prepared for electric cars, complete the amenities of this modern home. The location is another advantage of this property, with quick access to the highway and proximity to supermarkets, schools, cafes, and other essential services, making it ideal for uncomplicated urban living. Don't miss the opportunity to make this apartment your new home! Schedule a visit today and start envisioning your future in this unique space, where comfort and practicality meet in perfect harmony! #ref: 117215
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Currency Exchange
Cmara de Lobos, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £308,963 | £322,294 | £13,331 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £308,963 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,331 |
Cmara de Lobos, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £308,963 | £322,294 | £13,331 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £308,963 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,331 |
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 £13,331 more.
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