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CHALET PHOENIX T3+T2
Calheta, Ilha da Madeira, Portugal, 9370-310
REF: 434471
€1,050,000
Description
Magnificent chalet, in a superb location where you can observe the sunrise and sunset in one view.
A ground floor and modern property consisting of 3 suites + 1, with open space kitchen integrated with large living room, 1 mezzanine on the kitchen, 4 wcs being 1 social.
And by a house consisting of 2 bedrooms, 2 wcs a wine cellar and an independent barbecue.
This development also has parking, barbecue and large outdoor swimming pool and also extensive green areas.
This fantastic property that is under project is located in Fajã da Ovelha in the municipality of Calheta, in an extremely sunny and quiet area an authentic refuge.
Magnificent chalet, in a superb location where you can observe the sunrise and sunset in one view.
A ground floor and modern property consisting of 3 suites + 1, with open space kitchen integrated with large living room, 1 mezzanine on the kitchen, 4 wcs being 1 social.
And by a house consisting of 2 bedrooms, 2 wcs a wine cellar and an independent barbecue.
This development also has parking, barbecue and large outdoor swimming pool and also extensive green areas.
This fantastic property that is under project is located in Fajã da Ovelha in the municipality of Calheta, in an extremely sunny and quiet area an authentic refuge.
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Property on Map
Currency Exchange
Calheta, Ilha da Madeira, Portugal, 9370-310
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 €1,050,000 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 |
|---|---|---|---|
| €1,050,000 | £893,225 | £920,367 | £27,143 |
| Property Price € | €1,050,000 |
| Minimum cost in the last six months | £893,225 |
| Maximum cost in the last six months | £920,367 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,143 |
Calheta, Ilha da Madeira, Portugal, 9370-310
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 €1,050,000 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 |
|---|---|---|---|
| €1,050,000 | £893,225 | £920,367 | £27,143 |
| Property Price € | €1,050,000 |
| Minimum cost in the last six months | £893,225 |
| Maximum cost in the last six months | £920,367 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,143 |
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 £27,143 more.
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