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Land with two houses to Rebuild in Calheta
Calheta, Ilha da Madeira, Portugal, 9370
REF: 618177
€480,000
Description
Excellent Land in Arco da Calheta Unique Investment Opportunity!
Located in Arco da Calheta, this 2040 m plot of land offers an exceptional opportunity for investment or custom design. The space includes two old houses for reconstruction, as well as a garage, with the possibility of expansion and construction of more houses, subject to licensing.
Prime Location:
Less than 5 minutes from Calheta Beach and the village center;
Close to restaurants, cafes and supermarkets (also less than 5 minutes away);
Quiet area, with excellent sun exposure and stunning views.
Upside Potential:
Large and versatile land, ideal for tourist projects (AL), premium housing or real estate investment;
Reconstruction with the possibility of modernization, maintaining the charm of Calheta;
Proximity to infrastructures and amenities, in one of the most coveted places in Madeira.
Don't miss this opportunity!
Contact us now for more information or to schedule a visit.
Excellent Land in Arco da Calheta Unique Investment Opportunity!
Located in Arco da Calheta, this 2040 m plot of land offers an exceptional opportunity for investment or custom design. The space includes two old houses for reconstruction, as well as a garage, with the possibility of expansion and construction of more houses, subject to licensing.
Prime Location:
Less than 5 minutes from Calheta Beach and the village center;
Close to restaurants, cafes and supermarkets (also less than 5 minutes away);
Quiet area, with excellent sun exposure and stunning views.
Upside Potential:
Large and versatile land, ideal for tourist projects (AL), premium housing or real estate investment;
Reconstruction with the possibility of modernization, maintaining the charm of Calheta;
Proximity to infrastructures and amenities, in one of the most coveted places in Madeira.
Don't miss this opportunity!
Contact us now for more information or to schedule a visit.
Read More
Property on Map
Currency Exchange
Calheta, Ilha da Madeira, Portugal, 9370
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 €480,000 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 |
|---|---|---|---|
| €480,000 | £395,472 | £416,683 | £21,211 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £395,472 |
| Maximum cost in the last six months | £416,683 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,211 |
Calheta, Ilha da Madeira, Portugal, 9370
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 €480,000 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 |
|---|---|---|---|
| €480,000 | £395,472 | £416,683 | £21,211 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £395,472 |
| Maximum cost in the last six months | £416,683 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,211 |
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 £21,211 more.
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