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House For Sale in Ribeira Brava
Ribeira Brava, Ilha da Madeira, Portugal, 9350-000
REF: 865874
€500,000
Description
Villa in Madeira! Presenting a stunning residence now available for sale in the sought-after locale of Ribeira Brava.
Strategically positioned in Ribeira, a mere 20-minute commute from the bustling city center of Funchal, at a low altitude of 165m this exquisite property awaits discerning buyers.
Featuring generously proportioned rooms, including three bedrooms, with the master suite boasting an expansive walk-in closet and exclusive ensuite facilities.
Externally, maintained gardens offer an inviting retreat, complemented by an open-plan lounge and dining area enhanced by a cozy fireplace. Captivating vistas of the ocean provide a picturesque backdrop, while an adjacent barbecue area beckons for al fresco entertaining.
Further enhancing its appeal, this residence includes a capacious garage accommodating two vehicles alongside a well-equipped tool room. Additionally, a versatile space presents the opportunity for customization into either a home office or cinema room.
Bathed in ample natural light, this home affords a tranquil living environment, with a low altitude of 166 meters contributing to its serene ambiance.
Schedule your viewing today!
Villa in Madeira! Presenting a stunning residence now available for sale in the sought-after locale of Ribeira Brava.
Strategically positioned in Ribeira, a mere 20-minute commute from the bustling city center of Funchal, at a low altitude of 165m this exquisite property awaits discerning buyers.
Featuring generously proportioned rooms, including three bedrooms, with the master suite boasting an expansive walk-in closet and exclusive ensuite facilities.
Externally, maintained gardens offer an inviting retreat, complemented by an open-plan lounge and dining area enhanced by a cozy fireplace. Captivating vistas of the ocean provide a picturesque backdrop, while an adjacent barbecue area beckons for al fresco entertaining.
Further enhancing its appeal, this residence includes a capacious garage accommodating two vehicles alongside a well-equipped tool room. Additionally, a versatile space presents the opportunity for customization into either a home office or cinema room.
Bathed in ample natural light, this home affords a tranquil living environment, with a low altitude of 166 meters contributing to its serene ambiance.
Schedule your viewing today!
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Property on Map
Currency Exchange
Ribeira Brava, Ilha da Madeira, Portugal, 9350-000
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 €500,000 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 |
|---|---|---|---|
| €500,000 | £414,155 | £429,725 | £15,570 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £414,155 |
| Maximum cost in the last six months | £429,725 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,570 |
Ribeira Brava, Ilha da Madeira, Portugal, 9350-000
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 €500,000 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 |
|---|---|---|---|
| €500,000 | £414,155 | £429,725 | £15,570 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £414,155 |
| Maximum cost in the last six months | £429,725 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,570 |
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 £15,570 more.
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