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This apartment stands out for its prime location, just a few minutes’ walk from the vibrant center of Funchal
Funchal, Ilha da Madeira, Portugal
REF: 906617
€399,800
Description
This apartment stands out for its prime location, just a few minutes’ walk from the vibrant center of Funchal. Recently almost fully renovated, it offers spacious and comfortable areas, making it an excellent opportunity for those who value the convenience of being close to everything, with easy pedestrian access to the city's main commercial, cultural, and leisure areas. The apartment has three spacious bedrooms, including an elegant suite with a private bathroom, providing comfort and privacy. The second bathroom is modern and well-equipped, offering functionality for the whole family. The large living room is ideal for moments of relaxation or socializing, with enough space to create different areas, such as a living and dining area. The equipped and functional kitchen is complemented by an independent laundry room, providing practicality for everyday use. Additionally, the property features a multifunctional extra space that can be adapted to your needs: whether to create a small bathroom, extra storage, or even a small office, ideal for those working from home or needing a study space. The spacious balcony is one of the apartment’s highlights, with generous dimensions that allow you to enjoy outdoor moments, whether for a relaxing break or to socialize with friends and family. Here, you can appreciate the view and take advantage of the natural light that floods the apartment throughout the day. Another great feature of this property is the parking: the apartment includes two side-by-side garage spaces, providing added convenience and security for your vehicles. This feature is a true asset, especially considering the property's central location, where parking can be challenging. Despite being close to the center of Funchal, the apartment is surprisingly quiet. The soundproofing ensures a calm and tranquil indoor environment, allowing residents to enjoy an atmosphere of peace and comfort, away from urban noise. This property represents an excellent opportunity for those looking for a new residence in Funchal or for investors seeking a property valued for its location and quality finishes. Don’t miss the chance to visit this apartment and see all its advantages for yourself. Schedule a visit and discover the home that may be exactly what you have been searching for. #ref: 130364
This apartment stands out for its prime location, just a few minutes’ walk from the vibrant center of Funchal. Recently almost fully renovated, it offers spacious and comfortable areas, making it an excellent opportunity for those who value the convenience of being close to everything, with easy pedestrian access to the city's main commercial, cultural, and leisure areas. The apartment has three spacious bedrooms, including an elegant suite with a private bathroom, providing comfort and privacy. The second bathroom is modern and well-equipped, offering functionality for the whole family. The large living room is ideal for moments of relaxation or socializing, with enough space to create different areas, such as a living and dining area. The equipped and functional kitchen is complemented by an independent laundry room, providing practicality for everyday use. Additionally, the property features a multifunctional extra space that can be adapted to your needs: whether to create a small bathroom, extra storage, or even a small office, ideal for those working from home or needing a study space. The spacious balcony is one of the apartment’s highlights, with generous dimensions that allow you to enjoy outdoor moments, whether for a relaxing break or to socialize with friends and family. Here, you can appreciate the view and take advantage of the natural light that floods the apartment throughout the day. Another great feature of this property is the parking: the apartment includes two side-by-side garage spaces, providing added convenience and security for your vehicles. This feature is a true asset, especially considering the property's central location, where parking can be challenging. Despite being close to the center of Funchal, the apartment is surprisingly quiet. The soundproofing ensures a calm and tranquil indoor environment, allowing residents to enjoy an atmosphere of peace and comfort, away from urban noise. This property represents an excellent opportunity for those looking for a new residence in Funchal or for investors seeking a property valued for its location and quality finishes. Don’t miss the chance to visit this apartment and see all its advantages for yourself. Schedule a visit and discover the home that may be exactly what you have been searching for. #ref: 130364
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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 €399,800 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 |
|---|---|---|---|
| €399,800 | £329,395 | £343,608 | £14,213 |
| Property Price € | €399,800 |
| Minimum cost in the last six months | £329,395 |
| Maximum cost in the last six months | £343,608 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,213 |
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 €399,800 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 |
|---|---|---|---|
| €399,800 | £329,395 | £343,608 | £14,213 |
| Property Price € | €399,800 |
| Minimum cost in the last six months | £329,395 |
| Maximum cost in the last six months | £343,608 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,213 |
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 £14,213 more.
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