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This minimalist villa is located in an idyllic spot in the renowned parish of Prazeres, with endless views of the Atlantic Ocean and spectacular sunsets
Calheta (Madeira), Ilha da Madeira, Portugal
REF: 931095
€1,950,000
Description
This minimalist villa is located in an idyllic spot in the renowned parish of Prazeres, with endless views of the Atlantic Ocean and spectacular sunsets. The villa has three bedrooms, all with en-suite bathrooms, the master bedroom being a true suite with a bathtub, offering maximum comfort and tranquillity, and there is also a work space, an office that is always useful. The villa has a contemporary design and high-quality finishes, and is the perfect place for those looking for sophistication, comfort and privacy. Its outdoor spaces are unique, it has a plot of 1250m2, with beautiful gardens and olive trees, which are complemented by the fabulous heated infinity pool, a great space for relaxation, fun and leisure. Among the outstanding features, the house has windows in the bathrooms with remote control to “darken” the glass, guaranteeing privacy and functionality. The property is equipped with solar panels with storage batteries, providing a sustainable and efficient solution for the house's energy needs, also revealing ecological practices and environmental concern, with the reduction of energy consumption. The garage has capacity for two vehicles, ensuring convenience and safety. To live in this villa is to live in an environment of luxury, elegance and, above all, exclusivity. #ref: 135055
This minimalist villa is located in an idyllic spot in the renowned parish of Prazeres, with endless views of the Atlantic Ocean and spectacular sunsets. The villa has three bedrooms, all with en-suite bathrooms, the master bedroom being a true suite with a bathtub, offering maximum comfort and tranquillity, and there is also a work space, an office that is always useful. The villa has a contemporary design and high-quality finishes, and is the perfect place for those looking for sophistication, comfort and privacy. Its outdoor spaces are unique, it has a plot of 1250m2, with beautiful gardens and olive trees, which are complemented by the fabulous heated infinity pool, a great space for relaxation, fun and leisure. Among the outstanding features, the house has windows in the bathrooms with remote control to “darken” the glass, guaranteeing privacy and functionality. The property is equipped with solar panels with storage batteries, providing a sustainable and efficient solution for the house's energy needs, also revealing ecological practices and environmental concern, with the reduction of energy consumption. The garage has capacity for two vehicles, ensuring convenience and safety. To live in this villa is to live in an environment of luxury, elegance and, above all, exclusivity. #ref: 135055
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Currency Exchange
Calheta (Madeira), 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 €1,950,000 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 |
|---|---|---|---|
| €1,950,000 | £1,606,605 | £1,649,876 | £43,271 |
| Property Price € | €1,950,000 |
| Minimum cost in the last six months | £1,606,605 |
| Maximum cost in the last six months | £1,649,876 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,271 |
Calheta (Madeira), 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 €1,950,000 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 |
|---|---|---|---|
| €1,950,000 | £1,606,605 | £1,649,876 | £43,271 |
| Property Price € | €1,950,000 |
| Minimum cost in the last six months | £1,606,605 |
| Maximum cost in the last six months | £1,649,876 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,271 |
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 £43,271 more.
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