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Land with stone house for reconstruction - Ribeira Brava
Ribeira Brava, Ilha da Madeira, Portugal, 9350 -812
REF: 936293
€495,000
Description
Land with stone villa 1500 m2 with expansion project for 1 to 2 luxury villas.
Tereno is located in the parish and municipality of Ribeira Brava. Land with Sea View in Ribeira Brava, Madeira 1500m
We present an incredible plot of land in the stunning Ribeira Brava, Madeira, with 1,500m and a panoramic view of the sea. Located in a warm and sunny area, this land offers excellent conditions for construction, with the possibility of building two south-facing villas, ensuring maximum sun exposure and unobstructed views.
On the land is an old house, which can be rebuilt or removed, allowing several options for using the space. A unique opportunity to invest or build your dream home in one of the best locations in Madeira!
Contact us for more information and schedule your visit!
Land with stone villa 1500 m2 with expansion project for 1 to 2 luxury villas.
Tereno is located in the parish and municipality of Ribeira Brava. Land with Sea View in Ribeira Brava, Madeira 1500m
We present an incredible plot of land in the stunning Ribeira Brava, Madeira, with 1,500m and a panoramic view of the sea. Located in a warm and sunny area, this land offers excellent conditions for construction, with the possibility of building two south-facing villas, ensuring maximum sun exposure and unobstructed views.
On the land is an old house, which can be rebuilt or removed, allowing several options for using the space. A unique opportunity to invest or build your dream home in one of the best locations in Madeira!
Contact us for more information and schedule your visit!
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Property on Map
Currency Exchange
Ribeira Brava, Ilha da Madeira, Portugal, 9350 -812
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 €495,000 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 |
|---|---|---|---|
| €495,000 | £407,831 | £418,815 | £10,984 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £407,831 |
| Maximum cost in the last six months | £418,815 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,984 |
Ribeira Brava, Ilha da Madeira, Portugal, 9350 -812
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 €495,000 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 |
|---|---|---|---|
| €495,000 | £407,831 | £418,815 | £10,984 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £407,831 |
| Maximum cost in the last six months | £418,815 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,984 |
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 £10,984 more.
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