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Two-storey house in Ponta Delgada! In an area with high tourist traffic
São Vicente, Ilha da Madeira, Portugal
REF: 848733
€155,000
Description
Two-storey house in Ponta Delgada! In an area with high tourist traffic. We present you with an incredible opportunity to acquire a house in Ponta Delgada, perfect for living or as an investment. Two floors with independent entrances: Ideal for living in a very comfortable home, or for renting out one of the floors. Spectacular views: Enjoy breathtaking views of the mountains and the sea, Privileged location: a three-minute walk from Ponta Delgada's popular tourist swimming pool and a four-minute walk from the 4-star Monte Mar Palace hotel. This property has two parking spaces and a backyard for a nice garden or pets, On the ground floor there is a large bathroom and two bedrooms, plus a storage area, laundry area and kitchen, dining area and living room, and upstairs there are two bedrooms, a bathroom and a convertible area. Its unbeatable location, its independent entrances, its brightness and sunshine, it is the perfect choice for those looking for a home or an investment in one of the best areas of Ponta Delgada. This house needs some maintenance, on the walls, paint renovation, among other things, but it doesn't need any major remodelling. Don't miss out on this opportunity! Contact us today for more information there is a process of updating areas. #ref: 119821
Two-storey house in Ponta Delgada! In an area with high tourist traffic. We present you with an incredible opportunity to acquire a house in Ponta Delgada, perfect for living or as an investment. Two floors with independent entrances: Ideal for living in a very comfortable home, or for renting out one of the floors. Spectacular views: Enjoy breathtaking views of the mountains and the sea, Privileged location: a three-minute walk from Ponta Delgada's popular tourist swimming pool and a four-minute walk from the 4-star Monte Mar Palace hotel. This property has two parking spaces and a backyard for a nice garden or pets, On the ground floor there is a large bathroom and two bedrooms, plus a storage area, laundry area and kitchen, dining area and living room, and upstairs there are two bedrooms, a bathroom and a convertible area. Its unbeatable location, its independent entrances, its brightness and sunshine, it is the perfect choice for those looking for a home or an investment in one of the best areas of Ponta Delgada. This house needs some maintenance, on the walls, paint renovation, among other things, but it doesn't need any major remodelling. Don't miss out on this opportunity! Contact us today for more information there is a process of updating areas. #ref: 119821
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Currency Exchange
São Vicente, 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 €155,000 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 |
|---|---|---|---|
| €155,000 | £130,095 | £133,697 | £3,602 |
| Property Price € | €155,000 |
| Minimum cost in the last six months | £130,095 |
| Maximum cost in the last six months | £133,697 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,602 |
São Vicente, 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 €155,000 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 |
|---|---|---|---|
| €155,000 | £130,095 | £133,697 | £3,602 |
| Property Price € | €155,000 |
| Minimum cost in the last six months | £130,095 |
| Maximum cost in the last six months | £133,697 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,602 |
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 £3,602 more.
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