Land in Ponta Delgada, Madeira Island

São Vicente, Ilha da Madeira, Portugal, 9240-104

For Sale

€150,000

REF: 894449 €150,000


Description

Urban land with 549 m2, with excellent sun exposure and a good view of the sea and the slope that joins São Vicente and Porto Moniz. Very well located in the lower part of the parish of Ponta Delgada, this land has access by car. Because it is in an area of Residential Spaces, according to the PDM of São Vicente, detached, semi-detached or banded single-family housing buildings can be built in this location, with the following conditions: a) Maximum land use index: 1; b) Soil waterproofing index: 75%; c) Maximum height of the building: 13.5m; d) Maximum height of the façade: 10.5m Ponta Delgada is recognized for its good climate in the North Zone of the island, being a place with few slopes which allows combined with its good streets, good walks enjoying its magnificent views. Do not hesitate to contact us and get to know this beautiful place. SN your real estate agency!
Urban land with 549 m2, with excellent sun exposure and a good view of the sea and the slope that joins São Vicente and Porto Moniz. Very well located in the lower part of the parish of Ponta Delgada, this land has access by car. Because it is in an area of Residential Spaces, according to the PDM of São Vicente, detached, semi-detached or banded single-family housing buildings can be built in this location, with the following conditions: a) Maximum land use index: 1; b) Soil waterproofing index: 75%; c) Maximum height of the building: 13.5m; d) Maximum height of the façade: 10.5m Ponta Delgada is recognized for its good climate in the North Zone of the island, being a place with few slopes which allows combined with its good streets, good walks enjoying its magnificent views. Do not hesitate to contact us and get to know this beautiful place. SN your real estate agency!
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Property on Map

#071859

Currency Exchange

São Vicente, Ilha da Madeira, Portugal, 9240-104

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 €150,000 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
€150,000 £124,247 £128,918 £4,671
Property Price € €150,000
Minimum cost in the last six months £124,247
Maximum cost in the last six months £128,918
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,671

São Vicente, Ilha da Madeira, Portugal, 9240-104

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 €150,000 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
€150,000 £124,247 £128,918 £4,671
Property Price € €150,000
Minimum cost in the last six months £124,247
Maximum cost in the last six months £128,918
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,671

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 £4,671 more.

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