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2 bedroom apartment , located in the center of Funchal with sea views
Funchal, Ilha da Madeira, Portugal
REF: 630511
€630,000
Description
2 bedroom apartment , located in the center of Funchal with sea views. This apartment is located in a development located in the 'La Vie' Shopping Centre, which stands out for the excellent location and areas of its apartments, with typologies from T1 to T4. All apartments, like this one, also have plenty of natural light due to their floor-to-ceiling windows. The Apartment comprises: - Living and dining room -Kitchen, laundry, - 2 bedrooms and bathroom. -Built-in wardrobes in the bedroom with good storage space. This Building was designed with noble materials and finishes thinking about the comfort and safety of our day-to-day life and low maintenance. All the apartments are located above a shopping centre, where you can enjoy a wide variety of stores such as supermarkets, pharmacies, shops, bars, restaurants, public services, leisure areas and a gym. In addition to being partially in the center of Funchal where you can access all the city's infrastructure. It can be for living but you can also see it as an investment as a short-term lease or long-term lease, with a high expected return. It should be noted that it has 2 parking spaces, already included in the price and that could be monetized. If you want to live in the center of the city, here is the opportunity Dreaming is good but realizing it is better. Contact us for more information! #ref: 85350
2 bedroom apartment , located in the center of Funchal with sea views. This apartment is located in a development located in the 'La Vie' Shopping Centre, which stands out for the excellent location and areas of its apartments, with typologies from T1 to T4. All apartments, like this one, also have plenty of natural light due to their floor-to-ceiling windows. The Apartment comprises: - Living and dining room -Kitchen, laundry, - 2 bedrooms and bathroom. -Built-in wardrobes in the bedroom with good storage space. This Building was designed with noble materials and finishes thinking about the comfort and safety of our day-to-day life and low maintenance. All the apartments are located above a shopping centre, where you can enjoy a wide variety of stores such as supermarkets, pharmacies, shops, bars, restaurants, public services, leisure areas and a gym. In addition to being partially in the center of Funchal where you can access all the city's infrastructure. It can be for living but you can also see it as an investment as a short-term lease or long-term lease, with a high expected return. It should be noted that it has 2 parking spaces, already included in the price and that could be monetized. If you want to live in the center of the city, here is the opportunity Dreaming is good but realizing it is better. Contact us for more information! #ref: 85350
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Currency Exchange
Funchal, 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 €630,000 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 |
|---|---|---|---|
| €630,000 | £535,935 | £552,189 | £16,254 |
| Property Price € | €630,000 |
| Minimum cost in the last six months | £535,935 |
| Maximum cost in the last six months | £552,189 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,254 |
Funchal, 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 €630,000 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 |
|---|---|---|---|
| €630,000 | £535,935 | £552,189 | £16,254 |
| Property Price € | €630,000 |
| Minimum cost in the last six months | £535,935 |
| Maximum cost in the last six months | £552,189 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,254 |
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 £16,254 more.
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