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Discover the true meaning of natural light in your life with this spacious detached home
Cmara de Lobos, Ilha da Madeira, Portugal
REF: 629996
€595,000
Description
Discover the true meaning of natural light in your life with this spacious detached home. With a living space of 180m2 and a total area of 405m2, this house offers 3 bedrooms and 1 bathroom on the 2nd floor, including two bedrooms with balconies and stunning views of the mountains and the main road. On the 1st floor, you will find 2 living rooms, 1 dining room, 1 kitchen and 1 bathroom. On the ground floor there are 2 bedrooms, 1 living room, 1 dining room, 1 bedroom-office, 1 kitchen and 1 bathroom. The outdoor areas include a beautiful patio and space to park more than 3 vehicles, as well as a leisure area for unforgettable moments with friends and family. With class D energy certification, additional storage available and good sun exposure, this home provides plenty of natural light. Enjoy the convenience of being close to shops, tourist attractions, public schools and restaurants, as well as easy access to the expressway and just 10 minutes from Funchal and 15 minutes from Ribeira Brava. Don't miss the opportunity to experience natural light in your life. Book a visit now! #ref: 84299
Discover the true meaning of natural light in your life with this spacious detached home. With a living space of 180m2 and a total area of 405m2, this house offers 3 bedrooms and 1 bathroom on the 2nd floor, including two bedrooms with balconies and stunning views of the mountains and the main road. On the 1st floor, you will find 2 living rooms, 1 dining room, 1 kitchen and 1 bathroom. On the ground floor there are 2 bedrooms, 1 living room, 1 dining room, 1 bedroom-office, 1 kitchen and 1 bathroom. The outdoor areas include a beautiful patio and space to park more than 3 vehicles, as well as a leisure area for unforgettable moments with friends and family. With class D energy certification, additional storage available and good sun exposure, this home provides plenty of natural light. Enjoy the convenience of being close to shops, tourist attractions, public schools and restaurants, as well as easy access to the expressway and just 10 minutes from Funchal and 15 minutes from Ribeira Brava. Don't miss the opportunity to experience natural light in your life. Book a visit now! #ref: 84299
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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 €595,000 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 |
|---|---|---|---|
| €595,000 | £509,582 | £536,744 | £27,162 |
| Property Price € | €595,000 |
| Minimum cost in the last six months | £509,582 |
| Maximum cost in the last six months | £536,744 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,162 |
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 €595,000 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 |
|---|---|---|---|
| €595,000 | £509,582 | £536,744 | £27,162 |
| Property Price € | €595,000 |
| Minimum cost in the last six months | £509,582 |
| Maximum cost in the last six months | £536,744 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,162 |
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 £27,162 more.
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