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Housing to recover
Calheta, Ilha da Madeira, Portugal, 9385-130
REF: 946200
€125,000
Description
This charming villa in Ponta do Pargo, is a real opportunity for those looking for a renovation project. With a total floor area of 590 square meters and a gross floor area of 675 square meters, this property offers ample space to make your architectural vision a reality. Discover this 1942 villa, to recover, located in the charming parish of Ponta do Pargo, in the municipality of Calheta.
With two bedrooms, a bathroom, this property has huge potential. With a floor area of 82 square meters, the house is set on a plot of 590 square meters, offering a generous space to enjoy the mild climate of the region.
Although it needs deep renovation, this property is a real opportunity for those looking for a home with character and potential for appreciation. Energy certification is exempt, which allows you to explore all the possibilities of making this villa a true jewel.
This unique property, with a total of 675 square meters of gross area, is available for sale. Don't let this opportunity to invest slip away.
Schedule your visit now and discover all the possibilities that this property has to offer.
Sn Real Estate Real Estate.
This charming villa in Ponta do Pargo, is a real opportunity for those looking for a renovation project. With a total floor area of 590 square meters and a gross floor area of 675 square meters, this property offers ample space to make your architectural vision a reality. Discover this 1942 villa, to recover, located in the charming parish of Ponta do Pargo, in the municipality of Calheta.
With two bedrooms, a bathroom, this property has huge potential. With a floor area of 82 square meters, the house is set on a plot of 590 square meters, offering a generous space to enjoy the mild climate of the region.
Although it needs deep renovation, this property is a real opportunity for those looking for a home with character and potential for appreciation. Energy certification is exempt, which allows you to explore all the possibilities of making this villa a true jewel.
This unique property, with a total of 675 square meters of gross area, is available for sale. Don't let this opportunity to invest slip away.
Schedule your visit now and discover all the possibilities that this property has to offer.
Sn Real Estate Real Estate.
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Property on Map
Currency Exchange
Calheta, Ilha da Madeira, Portugal, 9385-130
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 €125,000 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 |
|---|---|---|---|
| €125,000 | £102,988 | £105,761 | £2,774 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £102,988 |
| Maximum cost in the last six months | £105,761 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,774 |
Calheta, Ilha da Madeira, Portugal, 9385-130
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 €125,000 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 |
|---|---|---|---|
| €125,000 | £102,988 | £105,761 | £2,774 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £102,988 |
| Maximum cost in the last six months | £105,761 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,774 |
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 £2,774 more.
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