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Plot of land for Sale Calheta
Calheta, Ilha da Madeira, Portugal, 9370-636
REF: 865879
€425,000
Description
Build 4 houses! Discover an incredible opportunity with this plot in Prazeres, offering an exciting project for 4 stunning houses.
Nestled in a tranquil and enchanting setting, this expansive plot spans 5000 m2 and boasts breathtaking views of the majestic Atlantic Ocean. Conveniently situated next to the road, it provides easy access to essential infrastructure including water, electricity, and telecommunications.
This prime location not only ensures convenience but also showcases impeccable morphology, preserving the picturesque sea and mountain vistas that define its charm. Don't miss out on this exceptional prospect for your dream development!
Build 4 houses! Discover an incredible opportunity with this plot in Prazeres, offering an exciting project for 4 stunning houses.
Nestled in a tranquil and enchanting setting, this expansive plot spans 5000 m2 and boasts breathtaking views of the majestic Atlantic Ocean. Conveniently situated next to the road, it provides easy access to essential infrastructure including water, electricity, and telecommunications.
This prime location not only ensures convenience but also showcases impeccable morphology, preserving the picturesque sea and mountain vistas that define its charm. Don't miss out on this exceptional prospect for your dream development!
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Property on Map
Currency Exchange
Calheta, Ilha da Madeira, Portugal, 9370-636
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 €425,000 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 |
|---|---|---|---|
| €425,000 | £352,032 | £365,266 | £13,235 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £352,032 |
| Maximum cost in the last six months | £365,266 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,235 |
Calheta, Ilha da Madeira, Portugal, 9370-636
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 €425,000 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 |
|---|---|---|---|
| €425,000 | £352,032 | £365,266 | £13,235 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £352,032 |
| Maximum cost in the last six months | £365,266 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,235 |
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 £13,235 more.
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