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House For Sale in Funchal
Funchal, Ilha da Madeira, Portugal, 9020-001
REF: 865870
€320,000
Description
Duplex House Situated in close proximity to the Madeira Shopping Mall and convenient public transportation, this property offers a prime opportunity for discerning buyers.
The property consists of two independent residence Unit A and Unit B. The units can be sold seperately or together.
Expansive open-plan lounge and dining area, ideal for modern living.
Two well-appointed bedrooms providing comfort and privacy.
Ocean views to enhance daily living.
Accommodating parking space for multiple vehicles.
Versatile additional room on the lower level, suitable for various purposes such as a TV room, office, or supplementary bedroom.
Outdoor barbecue facility for al fresco dining and entertaining.
Conveniently located laundry area for added functionality.
Built in 2003 and in excellent condition.
For further details or to arrange a viewing, please contact us today.
Duplex House Situated in close proximity to the Madeira Shopping Mall and convenient public transportation, this property offers a prime opportunity for discerning buyers.
The property consists of two independent residence Unit A and Unit B. The units can be sold seperately or together.
Expansive open-plan lounge and dining area, ideal for modern living.
Two well-appointed bedrooms providing comfort and privacy.
Ocean views to enhance daily living.
Accommodating parking space for multiple vehicles.
Versatile additional room on the lower level, suitable for various purposes such as a TV room, office, or supplementary bedroom.
Outdoor barbecue facility for al fresco dining and entertaining.
Conveniently located laundry area for added functionality.
Built in 2003 and in excellent condition.
For further details or to arrange a viewing, please contact us today.
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Property on Map
Currency Exchange
Funchal, Ilha da Madeira, Portugal, 9020-001
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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
Funchal, Ilha da Madeira, Portugal, 9020-001
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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
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 £9,965 more.
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