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New 2 bedroom apartment - Centro do Caniço, Santa Cruz
Santa Cruz, Ilha da Madeira, Portugal, 9125-020
REF: 830115
€345,000
Description
This 2 bedroom apartment, on the 5th floor, located in the center of Caniço, is an excellent option for those looking for comfort and convenience, which means that this apartment is close to a variety of services, such as supermarkets, banks, pharmacies, as well as restaurants and cafes. This provides convenience to residents by reducing the need to commute to perform everyday tasks or to enjoy a meal away from home.
This apartment is characterized by:
One of the bedrooms is a suite, which offers privacy and convenience for residents. In addition to the suite, there is a second bedroom, ideal for families, visitors or office use. The apartment has two bathrooms, which is convenient for families or for visitors. The kitchen is fully equipped, making it easy to prepare meals and offering storage space for groceries and utensils.
A standout feature of this apartment is the balconies overlooking the sea. This provides a relaxing and serene environment, as well as being a great place to enjoy the pleasant weather.
Come and see the apartment with us. Don't miss this opportunity!
This 2 bedroom apartment, on the 5th floor, located in the center of Caniço, is an excellent option for those looking for comfort and convenience, which means that this apartment is close to a variety of services, such as supermarkets, banks, pharmacies, as well as restaurants and cafes. This provides convenience to residents by reducing the need to commute to perform everyday tasks or to enjoy a meal away from home.
This apartment is characterized by:
One of the bedrooms is a suite, which offers privacy and convenience for residents. In addition to the suite, there is a second bedroom, ideal for families, visitors or office use. The apartment has two bathrooms, which is convenient for families or for visitors. The kitchen is fully equipped, making it easy to prepare meals and offering storage space for groceries and utensils.
A standout feature of this apartment is the balconies overlooking the sea. This provides a relaxing and serene environment, as well as being a great place to enjoy the pleasant weather.
Come and see the apartment with us. Don't miss this opportunity!
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Property on Map
Currency Exchange
Santa Cruz, Ilha da Madeira, Portugal, 9125-020
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 €345,000 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 |
|---|---|---|---|
| €345,000 | £285,767 | £296,510 | £10,743 |
| Property Price € | €345,000 |
| Minimum cost in the last six months | £285,767 |
| Maximum cost in the last six months | £296,510 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,743 |
Santa Cruz, Ilha da Madeira, Portugal, 9125-020
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 €345,000 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 |
|---|---|---|---|
| €345,000 | £285,767 | £296,510 | £10,743 |
| Property Price € | €345,000 |
| Minimum cost in the last six months | £285,767 |
| Maximum cost in the last six months | £296,510 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,743 |
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 £10,743 more.
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