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New Development in Ribeira Brava
Ribeira Brava, Ilha da Madeira, Portugal, 9350-206
REF: 635889
€425,000
Description
Building under construction, with a touch of superior quality, areas above average New Development,
The apartments stand out for their location right in the center of Vila da Ribeira Brava, close to a wide range of services, with ease of movement both at the entrance and exit, as it is a short distance from the highway;
25 Luxury Apartments,
Modern and dynamic building, facing the sea, with a superb view and excellent sun exposure, apartments of type T1, T2 and T3 (generous dimensions), with swimming pool, barbecue and toilet area right at the top, where you have an excellent view of the 360 ;
Ground floor with commercial stores;
Top energy certification.
Pre installation of air conditioning, high quality finishes.
For more information contact: Rui Madeira | +351 967 829 341/ Joana Barreiro +351 968364885
Building under construction, with a touch of superior quality, areas above average New Development,
The apartments stand out for their location right in the center of Vila da Ribeira Brava, close to a wide range of services, with ease of movement both at the entrance and exit, as it is a short distance from the highway;
25 Luxury Apartments,
Modern and dynamic building, facing the sea, with a superb view and excellent sun exposure, apartments of type T1, T2 and T3 (generous dimensions), with swimming pool, barbecue and toilet area right at the top, where you have an excellent view of the 360 ;
Ground floor with commercial stores;
Top energy certification.
Pre installation of air conditioning, high quality finishes.
For more information contact: Rui Madeira | +351 967 829 341/ Joana Barreiro +351 968364885
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Property on Map
Currency Exchange
Ribeira Brava, Ilha da Madeira, Portugal, 9350-206
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 €425,000 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 |
|---|---|---|---|
| €425,000 | £361,543 | £372,058 | £10,515 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £361,543 |
| Maximum cost in the last six months | £372,058 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,515 |
Ribeira Brava, Ilha da Madeira, Portugal, 9350-206
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 €425,000 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 |
|---|---|---|---|
| €425,000 | £361,543 | £372,058 | £10,515 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £361,543 |
| Maximum cost in the last six months | £372,058 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,515 |
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 £10,515 more.
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