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2 bedroom villa to rebuild - Ponta do Sol
Ponta do Sol, Ilha da Madeira, Portugal, 9360-156
REF: 884288
€380,000
Description
2 bedroom villa to rebuild in Ponta do Sol, located in a quiet area and overlooking the sea. The property is located on a large plot of 2,747 m , offering vast space with flat features, ideal for those looking for tranquility and proximity to nature. The land also has great potential for further construction, providing an excellent opportunity for those looking to invest in and expand the property.
With a prime location in Ponta do Sol, renowned for its mild climate and stunning scenery, this property is perfect for those looking for a haven of peace, away from the stress of the city, but still with easy access to all the necessary amenities.
2 bedroom villa to rebuild in Ponta do Sol, located in a quiet area and overlooking the sea. The property is located on a large plot of 2,747 m , offering vast space with flat features, ideal for those looking for tranquility and proximity to nature. The land also has great potential for further construction, providing an excellent opportunity for those looking to invest in and expand the property.
With a prime location in Ponta do Sol, renowned for its mild climate and stunning scenery, this property is perfect for those looking for a haven of peace, away from the stress of the city, but still with easy access to all the necessary amenities.
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Currency Exchange
Ponta do Sol, Ilha da Madeira, Portugal, 9360-156
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 €380,000 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 |
|---|---|---|---|
| €380,000 | £314,758 | £326,591 | £11,833 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £314,758 |
| Maximum cost in the last six months | £326,591 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,833 |
Ponta do Sol, Ilha da Madeira, Portugal, 9360-156
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 €380,000 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 |
|---|---|---|---|
| €380,000 | £314,758 | £326,591 | £11,833 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £314,758 |
| Maximum cost in the last six months | £326,591 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,833 |
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 £11,833 more.
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