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TRADITIONAL MADEIRAN HOUSE | PONTA DELGADA | SAINT VICENTE | MADEIRA ISLAND
São Vicente, Ilha da Madeira, Portugal, 9240-122
REF: 848243
€650,000
Description
Make your dream come true on the North Coast of Madeira Island.
Contact us and learn more about this opportunity! Are you looking for the ideal place to live and put your project into practice?
This property consists of 3 autonomous buildings, 2 rustic and 1 urban with a Traditional Madeiran House.
It is located very close to the Ponta Delgada swimming pool, about 400m and 4 minutes walk.
According to the Master Plan of São Vicente, the land is classified as urban land, housing spaces with a construction index of 1.
Check out this opportunity for housing investment or local accommodation focused on Agritourism.
The existing house needs conservation works, but it is an example of the traditional architecture of the beginning of the last century, standing out from the others in the area.
In this property you can also count on a warehouse, a traditional mill and a haystack.
Don't waste any more time and schedule your visit.
Let yourself be dazzled by the North Coast of Madeira Island.
SN Real Estate - Madeira. Island. Home. - "Where each property tells a story, each client lives a dream!"
Make your dream come true on the North Coast of Madeira Island.
Contact us and learn more about this opportunity! Are you looking for the ideal place to live and put your project into practice?
This property consists of 3 autonomous buildings, 2 rustic and 1 urban with a Traditional Madeiran House.
It is located very close to the Ponta Delgada swimming pool, about 400m and 4 minutes walk.
According to the Master Plan of São Vicente, the land is classified as urban land, housing spaces with a construction index of 1.
Check out this opportunity for housing investment or local accommodation focused on Agritourism.
The existing house needs conservation works, but it is an example of the traditional architecture of the beginning of the last century, standing out from the others in the area.
In this property you can also count on a warehouse, a traditional mill and a haystack.
Don't waste any more time and schedule your visit.
Let yourself be dazzled by the North Coast of Madeira Island.
SN Real Estate - Madeira. Island. Home. - "Where each property tells a story, each client lives a dream!"
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Property on Map
Currency Exchange
São Vicente, Ilha da Madeira, Portugal, 9240-122
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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
São Vicente, Ilha da Madeira, Portugal, 9240-122
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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
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 £20,241 more.
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