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Discover your dream retreat in this luxurious 3-bedroom home, strategically located in the charming parish of São Gonçalo, just steps away from the iconic local church and with easy access to major roads
Funchal, Ilha da Madeira, Portugal
REF: 819627
€1,750,000
Description
Discover your dream retreat in this luxurious 3-bedroom home, strategically located in the charming parish of São Gonçalo, just steps away from the iconic local church and with easy access to major roads. This elegant villa features modern architecture, marked by sophisticated lines and high-quality finishes, ensuring an environment of refinement and comfort. Enjoy breathtaking views of the picturesque Bay of Funchal, providing an idyllic setting that you'll never tire of contemplating. Spread over two generous floors, this residence captivates with its exceptional brightness, with ample spaces bathed in southern sunlight, creating welcoming and inviting spaces. Relax and recharge in your own private oasis, consisting of a heated pool and an extensive meticulously maintained garden, ideal for leisure and socializing with family and friends. Don't miss the opportunity to make this dream home a reality. With the completion of the works scheduled for late 2024 or early 2025, reserve your spot in this urban paradise now and get ready to live a life of luxury and exclusivity. #ref: 117837
Discover your dream retreat in this luxurious 3-bedroom home, strategically located in the charming parish of São Gonçalo, just steps away from the iconic local church and with easy access to major roads. This elegant villa features modern architecture, marked by sophisticated lines and high-quality finishes, ensuring an environment of refinement and comfort. Enjoy breathtaking views of the picturesque Bay of Funchal, providing an idyllic setting that you'll never tire of contemplating. Spread over two generous floors, this residence captivates with its exceptional brightness, with ample spaces bathed in southern sunlight, creating welcoming and inviting spaces. Relax and recharge in your own private oasis, consisting of a heated pool and an extensive meticulously maintained garden, ideal for leisure and socializing with family and friends. Don't miss the opportunity to make this dream home a reality. With the completion of the works scheduled for late 2024 or early 2025, reserve your spot in this urban paradise now and get ready to live a life of luxury and exclusivity. #ref: 117837
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Currency Exchange
Funchal, 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 €1,750,000 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 |
|---|---|---|---|
| €1,750,000 | £1,441,825 | £1,519,158 | £77,333 |
| Property Price € | €1,750,000 |
| Minimum cost in the last six months | £1,441,825 |
| Maximum cost in the last six months | £1,519,158 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £77,333 |
Funchal, 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 €1,750,000 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 |
|---|---|---|---|
| €1,750,000 | £1,441,825 | £1,519,158 | £77,333 |
| Property Price € | €1,750,000 |
| Minimum cost in the last six months | £1,441,825 |
| Maximum cost in the last six months | £1,519,158 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £77,333 |
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 £77,333 more.
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