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Land with 3353m2 in Ponta do Sol
Ponta do Sol, Ilha da Madeira, Portugal, 9360-547
REF: 909579
€270,000
Description
INVESTMENT OPPORTUNITY!
Are you looking for an investment opportunity in a quiet and peaceful area? We have the right property for you. A plot of land of 3353m2 of total area, in an urban area with sea views.
Located in the municipality of Ponta da Sol, parish of Ponta do Sol. This property has a PDM that allows the construction of several houses or even transformation into your dream farm.
This has a good surrounding area, unobstructed sea views; mountain view and lots of sun exposure. Close to all basic services, such as: pharmacy; supermarket; Health Center, cafes, church etc.
It is also close to the village of Ponta do Sol, where we can find various services and the fantastic beach of Ponta do Sol. There are 30 minutes that separate it from Funchal, and guarantee you a lot of tranquility.
Don't miss this opportunity. Contact us for more information and to schedule your visit!
INVESTMENT OPPORTUNITY!
Are you looking for an investment opportunity in a quiet and peaceful area? We have the right property for you. A plot of land of 3353m2 of total area, in an urban area with sea views.
Located in the municipality of Ponta da Sol, parish of Ponta do Sol. This property has a PDM that allows the construction of several houses or even transformation into your dream farm.
This has a good surrounding area, unobstructed sea views; mountain view and lots of sun exposure. Close to all basic services, such as: pharmacy; supermarket; Health Center, cafes, church etc.
It is also close to the village of Ponta do Sol, where we can find various services and the fantastic beach of Ponta do Sol. There are 30 minutes that separate it from Funchal, and guarantee you a lot of tranquility.
Don't miss this opportunity. Contact us for more information and to schedule your visit!
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Property on Map
Currency Exchange
Ponta do Sol, Ilha da Madeira, Portugal, 9360-547
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 €270,000 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 |
|---|---|---|---|
| €270,000 | £223,644 | £232,052 | £8,408 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £223,644 |
| Maximum cost in the last six months | £232,052 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,408 |
Ponta do Sol, Ilha da Madeira, Portugal, 9360-547
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 €270,000 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 |
|---|---|---|---|
| €270,000 | £223,644 | £232,052 | £8,408 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £223,644 |
| Maximum cost in the last six months | £232,052 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,408 |
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 £8,408 more.
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