Imagine the bliss of owning your home and still being able to generate extra income simultaneously

Cmara de Lobos, Ilha da Madeira, Portugal

For Sale

€275,000

REF: 519746 €275,000


4

3

150 m2

1300 m2

Description

Imagine the bliss of owning your home and still being able to generate extra income simultaneously. If that sounds like a distant dream, this amazing property can make it come true. Situated in a quiet and peaceful area, this villa offers several rooms including a spacious living room, three cosy bedrooms, a fully equipped kitchen and three bathrooms.

In addition, there is a spacious attic in impeccable condition to be transformed into another living space, a terrace and a lovely garden for moments of leisure and relaxation. But the property does not end here. A second dwelling with a living room and two bedrooms is also included, offering more space and possibilities to generate income.

In addition, the property has parking for up to a minimum of 5 vehicles and other plots of land with 1400m2 in total, ensuring even more space and flexibility for various purposes. Don't miss the unique opportunity to invest in your future by purchasing this amazing property. The satisfaction of owning your home and still seeing your income increase is something that can be achieved with this unique opportunity.

The Cmara de Lobos area is one of the most picturesque and charming areas of Madeira Island. Located on the south coast of the Island, just a few kilometres from the capital Funchal, this is a traditional fishing village that still maintains much of its authentic and genuine character. Cmara de Lobos is a small and cosy village, which was the setting for many of the paintings by the famous painter Winston Churchill who visited the Island several times.

The harbour of Cmara de Lobos is one of the most picturesque on the island with its colourful fishing boats and dark stone walls that overlook the sea. Besides the natural beauty of the area, there are also some tourist attractions in Cmara de Lobos, such as Cabo Girão, one of the highest promontories in Europe, with a breathtaking view over the Atlantic Ocean and impressive cliffs.

In addition, the area is famous for its fresh fish restaurants, where you can taste typical dishes of Madeiran gastronomy, such as the Espada Preta. Do you already know iad? If not, you need to get to know this incredible estate agency that is revolutionising the market. With more than 18,000 independent agents working under the iad brand, this real estate network is one of the largest in Europe.

It is no coincidence that iad is becoming increasingly popular among property buyers and sellers. With highly qualified local consultants who have in-depth knowledge of the property market, iad offers a personalised and highly effective service, working closely with its clients to help them achieve their goals. Don't waste any more time! If you want the best experience in real estate transactions, iad is the right choice. Don't let this opportunity slip away! #ref: 34233
Imagine the bliss of owning your home and still being able to generate extra income simultaneously. If that sounds like a distant dream, this amazing property can make it come true. Situated in a quiet and peaceful area, this villa offers several rooms including a spacious living room, three cosy bedrooms, a fully equipped kitchen and three bathrooms.

In addition, there is a spacious attic in impeccable condition to be transformed into another living space, a terrace and a lovely garden for moments of leisure and relaxation. But the property does not end here. A second dwelling with a living room and two bedrooms is also included, offering more space and possibilities to generate income.

In addition, the property has parking for up to a minimum of 5 vehicles and other plots of land with 1400m2 in total, ensuring even more space and flexibility for various purposes. Don't miss the unique opportunity to invest in your future by purchasing this amazing property. The satisfaction of owning your home and still seeing your income increase is something that can be achieved with this unique opportunity.

The Cmara de Lobos area is one of the most picturesque and charming areas of Madeira Island. Located on the south coast of the Island, just a few kilometres from the capital Funchal, this is a traditional fishing village that still maintains much of its authentic and genuine character. Cmara de Lobos is a small and cosy village, which was the setting for many of the paintings by the famous painter Winston Churchill who visited the Island several times.

The harbour of Cmara de Lobos is one of the most picturesque on the island with its colourful fishing boats and dark stone walls that overlook the sea. Besides the natural beauty of the area, there are also some tourist attractions in Cmara de Lobos, such as Cabo Girão, one of the highest promontories in Europe, with a breathtaking view over the Atlantic Ocean and impressive cliffs.

In addition, the area is famous for its fresh fish restaurants, where you can taste typical dishes of Madeiran gastronomy, such as the Espada Preta. Do you already know iad? If not, you need to get to know this incredible estate agency that is revolutionising the market. With more than 18,000 independent agents working under the iad brand, this real estate network is one of the largest in Europe.

It is no coincidence that iad is becoming increasingly popular among property buyers and sellers. With highly qualified local consultants who have in-depth knowledge of the property market, iad offers a personalised and highly effective service, working closely with its clients to help them achieve their goals. Don't waste any more time! If you want the best experience in real estate transactions, iad is the right choice. Don't let this opportunity slip away! #ref: 34233
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Property on Map

#34233

Currency Exchange

Cmara de Lobos, 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 €275,000 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
€275,000 £233,940 £240,743 £6,804
Property Price € €275,000
Minimum cost in the last six months £233,940
Maximum cost in the last six months £240,743
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,804

Cmara de Lobos, 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 €275,000 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
€275,000 £233,940 £240,743 £6,804
Property Price € €275,000
Minimum cost in the last six months £233,940
Maximum cost in the last six months £240,743
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,804

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 £6,804 more.

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