Fabulous Dual-Property Opportunity in Calheta

Calheta, Ilha da Madeira, Portugal, 9370-179

For Sale

€850,000

REF: 887238 €850,000


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Description

Succesful tourist rental houses for sale! Discover this exceptional property nestled in the serene, picturesque landscapes of Calheta, offering both an ideal residence and an excellent investment for holiday rentals. This unique estate features two charming homes, each boasting breathtaking ocean views and surrounded by the natural beauty of the region. The property even has a fantastic cave! Property Highlights: House A (112.25 m - Bungalow) Spacious open-plan living, kitchen, and dining area Master bedroom with en-suite Second bedroom with lovely views Expansive outdoor spaces and a cozy garden Spectacular ocean views from the lounge and garden House B (143.42 m ) Modern open-plan living, kitchen, and dining area Master bedroom with en-suite Second bedroom perfect for guests Private garden area with room to relax Panoramic ocean views to enjoy every day Both homes are sold fully furnished and offer a seamless blend of comfort and style.

Just moments away from the golden beaches of Calheta and essential amenities, this property is perfectly situated to enjoy the best of coastal living. There is also the possibility of building a swimming pool that can be accessed by both properties! Ample parking space! Whether you're looking for a tranquil place to call home or a high-return rental property, this stunning estate offers the best of both worlds. Don t miss out on this fabulous opportunity schedule your viewing today!
Succesful tourist rental houses for sale! Discover this exceptional property nestled in the serene, picturesque landscapes of Calheta, offering both an ideal residence and an excellent investment for holiday rentals. This unique estate features two charming homes, each boasting breathtaking ocean views and surrounded by the natural beauty of the region. The property even has a fantastic cave! Property Highlights: House A (112.25 m - Bungalow) Spacious open-plan living, kitchen, and dining area Master bedroom with en-suite Second bedroom with lovely views Expansive outdoor spaces and a cozy garden Spectacular ocean views from the lounge and garden House B (143.42 m ) Modern open-plan living, kitchen, and dining area Master bedroom with en-suite Second bedroom perfect for guests Private garden area with room to relax Panoramic ocean views to enjoy every day Both homes are sold fully furnished and offer a seamless blend of comfort and style.

Just moments away from the golden beaches of Calheta and essential amenities, this property is perfectly situated to enjoy the best of coastal living. There is also the possibility of building a swimming pool that can be accessed by both properties! Ample parking space! Whether you're looking for a tranquil place to call home or a high-return rental property, this stunning estate offers the best of both worlds. Don t miss out on this fabulous opportunity schedule your viewing today!
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Property on Map

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Currency Exchange

Calheta, Ilha da Madeira, Portugal, 9370-179

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 €850,000 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
€850,000 £700,315 £730,533 £30,218
Property Price € €850,000
Minimum cost in the last six months £700,315
Maximum cost in the last six months £730,533
Fluctuating exchange rates over the last six months could have increased the cost of this property by £30,218

Calheta, Ilha da Madeira, Portugal, 9370-179

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 €850,000 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
€850,000 £700,315 £730,533 £30,218
Property Price € €850,000
Minimum cost in the last six months £700,315
Maximum cost in the last six months £730,533
Fluctuating exchange rates over the last six months could have increased the cost of this property by £30,218

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 £30,218 more.

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