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Land with 4179m2 - Estreito da Calheta, Calheta
Calheta, Ilha da Madeira, Portugal, 9370-033
REF: 835062
€450,000
Description
This 4179m2 plot offers a spectacular panoramic view of the sea, providing a perfect setting for the construction of a residence or development that makes the most of the coastal landscape.
The land has constructive potential, allowing the construction of houses, tourist developments or other types of construction according to local regulations.
Located in a privileged area of the Estreito da Calheta, the land offers a serene and exclusive environment, ideal for those looking for tranquility and contact with nature. Despite its quiet location, the grounds are relatively close to local amenities, including shops, restaurants, beaches, and other tourist attractions in Calheta.
This land is an excellent opportunity for those who want to invest in a piece of paradise in Madeira, with the possibility of building and enjoying incredible views of the ocean in a calm and natural environment.
This 4179m2 plot offers a spectacular panoramic view of the sea, providing a perfect setting for the construction of a residence or development that makes the most of the coastal landscape.
The land has constructive potential, allowing the construction of houses, tourist developments or other types of construction according to local regulations.
Located in a privileged area of the Estreito da Calheta, the land offers a serene and exclusive environment, ideal for those looking for tranquility and contact with nature. Despite its quiet location, the grounds are relatively close to local amenities, including shops, restaurants, beaches, and other tourist attractions in Calheta.
This land is an excellent opportunity for those who want to invest in a piece of paradise in Madeira, with the possibility of building and enjoying incredible views of the ocean in a calm and natural environment.
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Property on Map
Currency Exchange
Calheta, Ilha da Madeira, Portugal, 9370-033
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £373,563 | £387,131 | £13,568 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £373,563 |
| Maximum cost in the last six months | £387,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,568 |
Calheta, Ilha da Madeira, Portugal, 9370-033
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £373,563 | £387,131 | £13,568 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £373,563 |
| Maximum cost in the last six months | £387,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,568 |
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 £13,568 more.
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