House with 2 Bedrooms - Lomba da Maia - Ribeira Grande

Ribeira Grande, Ilha de São Miguel, Portugal, 9625-126

For Sale

€79,950

REF: 624820 €79,950


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Description

House with 2 bedrooms. Patio. Backyard. Inserted in a Lot with 290.00 m2. Demure Zone. House with 2 Bedrooms Patio Yard Inserted in a Plot with 290.00 m2 Zona Decatada Lomba da Maia is a rural Azorean parish of the municipality of Ribeira Grande, with 20.47 km of area and 1 152 inhabitants (2011), which corresponds to a population density of 56.3 inhabitants/km .

It is located in the central region of the north coast of the island of São Miguel in one of the most important area of milk cattle breeding of the Azores, confronts to the north with the sea, to the east and west respectively with the parishes of Fenais da Ajuda and Maia (both of the municipality of Ribeira Grande) and to the south with the parish of Furnas (municipality of Povoação).

In addition to the town of Lomba da Maia, the parish includes the place of the Burguete. The toponym Lomba da Maia derives from the locality being located on a lomba overlooking the parish of Maia.
House with 2 bedrooms. Patio. Backyard. Inserted in a Lot with 290.00 m2. Demure Zone. House with 2 Bedrooms Patio Yard Inserted in a Plot with 290.00 m2 Zona Decatada Lomba da Maia is a rural Azorean parish of the municipality of Ribeira Grande, with 20.47 km of area and 1 152 inhabitants (2011), which corresponds to a population density of 56.3 inhabitants/km .

It is located in the central region of the north coast of the island of São Miguel in one of the most important area of milk cattle breeding of the Azores, confronts to the north with the sea, to the east and west respectively with the parishes of Fenais da Ajuda and Maia (both of the municipality of Ribeira Grande) and to the south with the parish of Furnas (municipality of Povoação).

In addition to the town of Lomba da Maia, the parish includes the place of the Burguete. The toponym Lomba da Maia derives from the locality being located on a lomba overlooking the parish of Maia.
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Property on Map

#326/M/03296

Currency Exchange

Ribeira Grande, Ilha de São Miguel, Portugal, 9625-126

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 €79,950 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
€79,950 £68,013 £70,079 £2,067
Property Price € €79,950
Minimum cost in the last six months £68,013
Maximum cost in the last six months £70,079
Fluctuating exchange rates over the last six months could have increased the cost of this property by £2,067

Ribeira Grande, Ilha de São Miguel, Portugal, 9625-126

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 €79,950 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
€79,950 £68,013 £70,079 £2,067
Property Price € €79,950
Minimum cost in the last six months £68,013
Maximum cost in the last six months £70,079
Fluctuating exchange rates over the last six months could have increased the cost of this property by £2,067

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 £2,067 more.

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