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This elegant 3 bedroom apartment is located on one of Funchal's main arteries
Funchal, Ilha da Madeira, Portugal
REF: 858227
€378,000
Description
This elegant 3 bedroom apartment is located on one of Funchal's main arteries. Spacious property, offering generous areas and well-planned storage solutions, provides an organized and welcoming environment. It has 2 parking spaces, one of them prepared for an electric charging station. This property has three bedrooms, including a very spacious suite where you will have ample space to relax and recharge your energy. All rooms in the house have a balcony, the property has a pantry and storage room. With two complete bathrooms in total, there will never be any waiting or inconvenience, even during busy mornings. The laundry area is an additional convenience, facilitating household tasks and keeping the space organized. The jewel of this apartment is, without a doubt, the charming 24m2 balcony, where you can enjoy great moments of conviviality. It's also the perfect place to enjoy a coffee in the morning or relax with a good book at sunset. The entire apartment was painted in December 2022 and the two bathrooms were remodeled, being in excellent condition. The property is sold with all major appliances included: wireless 80-liter Vulcano water heater, wireless Whirlpool induction hob, Princess oven and dishwasher, 8Kg AEG washing machine and Haier frost combi. The apartment is fully furnished, with all furniture only being used for 18 months. In an excellent location, this property places you just a few steps from supermarkets, banks, laundries, restaurants, cafes, pastry shops, schools, health centers, social security and parish council, providing easy access to all the amenities you need. Plus, the proximity to the highway means you're always well connected, whether for island adventures or daily commutes. Find the perfect harmony between comfort, practicality and an excellent location! Whether you are an investor or a family client, you will find this property an excellent business opportunity with a solid return! Schedule a visit today! #ref: 123399
This elegant 3 bedroom apartment is located on one of Funchal's main arteries. Spacious property, offering generous areas and well-planned storage solutions, provides an organized and welcoming environment. It has 2 parking spaces, one of them prepared for an electric charging station. This property has three bedrooms, including a very spacious suite where you will have ample space to relax and recharge your energy. All rooms in the house have a balcony, the property has a pantry and storage room. With two complete bathrooms in total, there will never be any waiting or inconvenience, even during busy mornings. The laundry area is an additional convenience, facilitating household tasks and keeping the space organized. The jewel of this apartment is, without a doubt, the charming 24m2 balcony, where you can enjoy great moments of conviviality. It's also the perfect place to enjoy a coffee in the morning or relax with a good book at sunset. The entire apartment was painted in December 2022 and the two bathrooms were remodeled, being in excellent condition. The property is sold with all major appliances included: wireless 80-liter Vulcano water heater, wireless Whirlpool induction hob, Princess oven and dishwasher, 8Kg AEG washing machine and Haier frost combi. The apartment is fully furnished, with all furniture only being used for 18 months. In an excellent location, this property places you just a few steps from supermarkets, banks, laundries, restaurants, cafes, pastry shops, schools, health centers, social security and parish council, providing easy access to all the amenities you need. Plus, the proximity to the highway means you're always well connected, whether for island adventures or daily commutes. Find the perfect harmony between comfort, practicality and an excellent location! Whether you are an investor or a family client, you will find this property an excellent business opportunity with a solid return! Schedule a visit today! #ref: 123399
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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 €378,000 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 |
|---|---|---|---|
| €378,000 | £313,793 | £325,205 | £11,412 |
| Property Price € | €378,000 |
| Minimum cost in the last six months | £313,793 |
| Maximum cost in the last six months | £325,205 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,412 |
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 €378,000 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 |
|---|---|---|---|
| €378,000 | £313,793 | £325,205 | £11,412 |
| Property Price € | €378,000 |
| Minimum cost in the last six months | £313,793 |
| Maximum cost in the last six months | £325,205 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,412 |
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 £11,412 more.
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