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House in Arco de São Jorge
Santana, Ilha da Madeira, Portugal, 9230-017
REF: 871948
€220,000
Description
This property in Arco de São Jorge has good living conditions and good sun exposure.
The villa is a 2 bedroom apartment that can easily be transformed into a 3 bedroom, located in the lower part of Arco de São Jorge, a place with one of the best climates in the North.
This place has a lot of potential as a connection is planned through the highway to Boaventura / São Vicente, being currently 20 minutes from the airport and 40 minutes from the center of Funchal.
The villa has three floors. On the ground floor you will find a space that can have several uses. The first floor contains a bedroom, a living room, a bathroom and a kitchen. The second floor has a bedroom, a bathroom and a living room that can be transformed into a bedroom with a private balcony and an excellent view of the sea and mountain.
Outside there is a barbecue and a place for socializing with stone walls that create a good environment and a vineyard that provides shade for the hot summer days.
Do not hesitate to contact us.
SN your real estate agency!
This property in Arco de São Jorge has good living conditions and good sun exposure.
The villa is a 2 bedroom apartment that can easily be transformed into a 3 bedroom, located in the lower part of Arco de São Jorge, a place with one of the best climates in the North.
This place has a lot of potential as a connection is planned through the highway to Boaventura / São Vicente, being currently 20 minutes from the airport and 40 minutes from the center of Funchal.
The villa has three floors. On the ground floor you will find a space that can have several uses. The first floor contains a bedroom, a living room, a bathroom and a kitchen. The second floor has a bedroom, a bathroom and a living room that can be transformed into a bedroom with a private balcony and an excellent view of the sea and mountain.
Outside there is a barbecue and a place for socializing with stone walls that create a good environment and a vineyard that provides shade for the hot summer days.
Do not hesitate to contact us.
SN your real estate agency!
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Property on Map
Currency Exchange
Santana, Ilha da Madeira, Portugal, 9230-017
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 €220,000 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 |
|---|---|---|---|
| €220,000 | £181,258 | £189,079 | £7,821 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £181,258 |
| Maximum cost in the last six months | £189,079 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,821 |
Santana, Ilha da Madeira, Portugal, 9230-017
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 €220,000 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 |
|---|---|---|---|
| €220,000 | £181,258 | £189,079 | £7,821 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £181,258 |
| Maximum cost in the last six months | £189,079 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,821 |
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 £7,821 more.
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