We present an incredible 3 bedroom apartment in São Martinho of 121m2, perfect for those looking for comfort, space, luminosity and an excellent location close to some essential services, with good accessibility

Funchal, Ilha da Madeira, Portugal

For Sale

€425,000

REF: 902025 €425,000


3

2

121 m2

1532 m2

Description

We present an incredible 3 bedroom apartment in São Martinho of 121m2, perfect for those looking for comfort, space, luminosity and an excellent location close to some essential services, with good accessibility. This property has the following characteristics: - Area: 121m2 - Living room: Large with access to balcony - Kitchen: Modern and functional - Laundry: Good light - Bedrooms: 2 bedrooms + 1 suite with balcony - Bathroom: One social, One suite - Garage: 2 parking spaces - Storage room: spacious This is the opportunity you are waiting for to acquire your new home. #ref: 129752
We present an incredible 3 bedroom apartment in São Martinho of 121m2, perfect for those looking for comfort, space, luminosity and an excellent location close to some essential services, with good accessibility. This property has the following characteristics: - Area: 121m2 - Living room: Large with access to balcony - Kitchen: Modern and functional - Laundry: Good light - Bedrooms: 2 bedrooms + 1 suite with balcony - Bathroom: One social, One suite - Garage: 2 parking spaces - Storage room: spacious This is the opportunity you are waiting for to acquire your new home. #ref: 129752
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Property on Map

#129752

Currency Exchange

Funchal, Ilha da Madeira, Portugal

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 €425,000 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
€425,000 £353,549 £365,764 £12,215
Property Price € €425,000
Minimum cost in the last six months £353,549
Maximum cost in the last six months £365,764
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,215

Funchal, Ilha da Madeira, Portugal

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 €425,000 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
€425,000 £353,549 £365,764 £12,215
Property Price € €425,000
Minimum cost in the last six months £353,549
Maximum cost in the last six months £365,764
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,215

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 £12,215 more.

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