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Discover this charming two-storey villa situated in a prime location, with stunning views over the city of Funchal
Funchal, Ilha da Madeira, Portugal
REF: 906142
€670,000
Description
Discover this charming two-storey villa situated in a prime location, with stunning views over the city of Funchal. The property features four spacious bedrooms on the upper floor, each with balconies offering partial views of Funchal’s harbour—perfect for relaxing and enjoying the sunset. The home boasts two cosy living rooms, one on each floor, as well as a modern kitchen with an integrated dining area, ideal for gathering family and friends. Additionally, there are three well-appointed bathrooms, a convenient laundry room, and a covered garage with space for two vehicles, along with two exterior parking spaces. The outdoor area is a true haven, with well-maintained gardens surrounding the home, creating a serene and natural atmosphere. The barbecue area and private leisure space make it ideal for family gatherings and social events. On the rooftop terrace, you can enjoy breathtaking views over Funchal and partial views of the harbour, offering a unique perspective on the local beauty. Located on Madeira Island, Funchal is a vibrant and welcoming city, renowned for its mild climate, stunning landscapes, and rich cultural heritage. As the island’s capital, it offers a broad range of services, entertainment, culinary delights, and tourist attractions such as the Botanical Garden, the Mercado dos Lavradores, and the famous New Year’s Eve fireworks display. Funchal combines modern conveniences with the island’s natural beauty, providing a unique, safe, and comfortable lifestyle. #ref: 129195
Discover this charming two-storey villa situated in a prime location, with stunning views over the city of Funchal. The property features four spacious bedrooms on the upper floor, each with balconies offering partial views of Funchal’s harbour—perfect for relaxing and enjoying the sunset. The home boasts two cosy living rooms, one on each floor, as well as a modern kitchen with an integrated dining area, ideal for gathering family and friends. Additionally, there are three well-appointed bathrooms, a convenient laundry room, and a covered garage with space for two vehicles, along with two exterior parking spaces. The outdoor area is a true haven, with well-maintained gardens surrounding the home, creating a serene and natural atmosphere. The barbecue area and private leisure space make it ideal for family gatherings and social events. On the rooftop terrace, you can enjoy breathtaking views over Funchal and partial views of the harbour, offering a unique perspective on the local beauty. Located on Madeira Island, Funchal is a vibrant and welcoming city, renowned for its mild climate, stunning landscapes, and rich cultural heritage. As the island’s capital, it offers a broad range of services, entertainment, culinary delights, and tourist attractions such as the Botanical Garden, the Mercado dos Lavradores, and the famous New Year’s Eve fireworks display. Funchal combines modern conveniences with the island’s natural beauty, providing a unique, safe, and comfortable lifestyle. #ref: 129195
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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 €670,000 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 |
|---|---|---|---|
| €670,000 | £554,968 | £575,832 | £20,864 |
| Property Price € | €670,000 |
| Minimum cost in the last six months | £554,968 |
| Maximum cost in the last six months | £575,832 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,864 |
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 €670,000 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 |
|---|---|---|---|
| €670,000 | £554,968 | £575,832 | £20,864 |
| Property Price € | €670,000 |
| Minimum cost in the last six months | £554,968 |
| Maximum cost in the last six months | £575,832 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,864 |
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 £20,864 more.
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