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Located in Santa Luzia, Funchal, this villa has 3 bedrooms and 3 bathrooms, as well as excellent common areas in the kitchen, living room and dining room, along with areas for storage and home organization
Funchal, Ilha da Madeira, Portugal
REF: 868609
€655,000
Description
Located in Santa Luzia, Funchal, this villa has 3 bedrooms and 3 bathrooms, as well as excellent common areas in the kitchen, living room and dining room, along with areas for storage and home organization. Due to its south-facing position, the villa has fabulous natural light and an architectural beauty that places it in a truly unique segment, where good decorative taste, fabulous construction solutions and top-of-the-range materials come together. The villa, completed in 2023, has pre-installation for air conditioning, and its kitchen is fully equipped with high-end appliances and sophistication. Both floors have multifunctional panels. The quality of its electrical elements is demonstrated by the house's level B energy efficiency rating. On the upper floor, the villa has its most private areas with the master suite, with a beautiful and showy outdoor balcony, and two bedrooms, all with built-in closets, and windows with beautiful views over the city bay. All of these areas are made with top quality materials and functional solutions. Bedroom and living room furniture, as well as outdoor furniture, are included in the purchase price. Whether you're admiring the sea view or enjoying the surrounding areas and landscape, this house offers a perfect blend of comfort and well-being in the heart of Funchal. The villa is located just 15 minutes from the airport and 15 minutes walking distance from the city center, 4 minutes by car, all its sights and attractions. #ref: 124840
Located in Santa Luzia, Funchal, this villa has 3 bedrooms and 3 bathrooms, as well as excellent common areas in the kitchen, living room and dining room, along with areas for storage and home organization. Due to its south-facing position, the villa has fabulous natural light and an architectural beauty that places it in a truly unique segment, where good decorative taste, fabulous construction solutions and top-of-the-range materials come together. The villa, completed in 2023, has pre-installation for air conditioning, and its kitchen is fully equipped with high-end appliances and sophistication. Both floors have multifunctional panels. The quality of its electrical elements is demonstrated by the house's level B energy efficiency rating. On the upper floor, the villa has its most private areas with the master suite, with a beautiful and showy outdoor balcony, and two bedrooms, all with built-in closets, and windows with beautiful views over the city bay. All of these areas are made with top quality materials and functional solutions. Bedroom and living room furniture, as well as outdoor furniture, are included in the purchase price. Whether you're admiring the sea view or enjoying the surrounding areas and landscape, this house offers a perfect blend of comfort and well-being in the heart of Funchal. The villa is located just 15 minutes from the airport and 15 minutes walking distance from the city center, 4 minutes by car, all its sights and attractions. #ref: 124840
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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 €655,000 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 |
|---|---|---|---|
| €655,000 | £542,543 | £562,940 | £20,397 |
| Property Price € | €655,000 |
| Minimum cost in the last six months | £542,543 |
| Maximum cost in the last six months | £562,940 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,397 |
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 €655,000 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 |
|---|---|---|---|
| €655,000 | £542,543 | £562,940 | £20,397 |
| Property Price € | €655,000 |
| Minimum cost in the last six months | £542,543 |
| Maximum cost in the last six months | £562,940 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,397 |
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 £20,397 more.
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