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Land with STUNNING View
São Vicente, Ilha da Madeira, Portugal, 9240-114
REF: 869654
€170,000
Description
Land with 1582 m2, with good sun exposure and an excellent view of the sea, mountain and the slope that joins Seixal and Porto Moniz, as well as the small village where this land is located.
Located in the area of Lombadas- Ponta Delgada, this area is known for its tranquility, and for the natural people of this area who preserve several old habits and customs, valuing its cultural identity.
In the vicinity there are levadas and paths used by hikers and tourists, and this place is very popular for local accommodation.
This property is accessed by a municipal road, and it is possible to implement a house of up to 200 m2 for a first home.
Do not hesitate to contact us, for this or other properties you are looking for, as we can have or find the property that fulfills your wishes.
SN Real Estate - Madeira. Island. Home.
"Where each Property tells a Story, each Client lives a Dream!"
Land with 1582 m2, with good sun exposure and an excellent view of the sea, mountain and the slope that joins Seixal and Porto Moniz, as well as the small village where this land is located.
Located in the area of Lombadas- Ponta Delgada, this area is known for its tranquility, and for the natural people of this area who preserve several old habits and customs, valuing its cultural identity.
In the vicinity there are levadas and paths used by hikers and tourists, and this place is very popular for local accommodation.
This property is accessed by a municipal road, and it is possible to implement a house of up to 200 m2 for a first home.
Do not hesitate to contact us, for this or other properties you are looking for, as we can have or find the property that fulfills your wishes.
SN Real Estate - Madeira. Island. Home.
"Where each Property tells a Story, each Client lives a Dream!"
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Property on Map
Currency Exchange
São Vicente, Ilha da Madeira, Portugal, 9240-114
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 €170,000 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 |
|---|---|---|---|
| €170,000 | £140,813 | £146,107 | £5,294 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £140,813 |
| Maximum cost in the last six months | £146,107 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,294 |
São Vicente, Ilha da Madeira, Portugal, 9240-114
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 €170,000 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 |
|---|---|---|---|
| €170,000 | £140,813 | £146,107 | £5,294 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £140,813 |
| Maximum cost in the last six months | £146,107 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,294 |
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 £5,294 more.
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