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Exceptional Opportunity in Funchal: Two Plots with Stunning Panoramic Views! Plot 1: 1900m2 (URBAN) Plot 2: 2150m2 (RUSTIC) Discover two adjoining plots, perfectly located in Funchal, ready to bring your project to life
Funchal, Ilha da Madeira, Portugal
REF: 914959
€750,000
Description
Exceptional Opportunity in Funchal: Two Plots with Stunning Panoramic Views! Plot 1: 1900m2 (URBAN) Plot 2: 2150m2 (RUSTIC) Discover two adjoining plots, perfectly located in Funchal, ready to bring your project to life. The first is a building plot, offering immediate potential for construction, ideal for residential or commercial developments. The second is a rustic plot, perfect for creating green spaces, leisure areas, or future expansion. Imagine building in a location that seamlessly combines tranquillity with accessibility, offering breathtaking views over the city and the mountains. This unique offering provides the flexibility and potential to create anything from luxury homes to income-generating projects such as apartments or rural tourism ventures. Why invest here? Prime Location: Situated in the heart of Funchal with easy access to amenities, shops, and major roads. High Growth Potential: The rising demand for properties in this area ensures an excellent return on investment. Versatile Usage Options: Perfect for investors, property developers, and builders. Quick ROI: Immediate building potential on the urban plot accelerates returns. Unmatched Views: Impress future buyers or guests with breathtaking, uninterrupted scenery. Don't miss this opportunity! Plots like these are rare and highly sought after. Schedule a viewing today and take the first step towards bringing your vision to life. #ref: 130748
Exceptional Opportunity in Funchal: Two Plots with Stunning Panoramic Views! Plot 1: 1900m2 (URBAN) Plot 2: 2150m2 (RUSTIC) Discover two adjoining plots, perfectly located in Funchal, ready to bring your project to life. The first is a building plot, offering immediate potential for construction, ideal for residential or commercial developments. The second is a rustic plot, perfect for creating green spaces, leisure areas, or future expansion. Imagine building in a location that seamlessly combines tranquillity with accessibility, offering breathtaking views over the city and the mountains. This unique offering provides the flexibility and potential to create anything from luxury homes to income-generating projects such as apartments or rural tourism ventures. Why invest here? Prime Location: Situated in the heart of Funchal with easy access to amenities, shops, and major roads. High Growth Potential: The rising demand for properties in this area ensures an excellent return on investment. Versatile Usage Options: Perfect for investors, property developers, and builders. Quick ROI: Immediate building potential on the urban plot accelerates returns. Unmatched Views: Impress future buyers or guests with breathtaking, uninterrupted scenery. Don't miss this opportunity! Plots like these are rare and highly sought after. Schedule a viewing today and take the first step towards bringing your vision to life. #ref: 130748
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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 €750,000 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 |
|---|---|---|---|
| €750,000 | £617,925 | £634,568 | £16,643 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £617,925 |
| Maximum cost in the last six months | £634,568 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,643 |
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 €750,000 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 |
|---|---|---|---|
| €750,000 | £617,925 | £634,568 | £16,643 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £617,925 |
| Maximum cost in the last six months | £634,568 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,643 |
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 £16,643 more.
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