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With a spectacular view, breathtaking, and with the potential to build a house, up to 350 square meters and garage, I present you this unmissable investment opportunity for the construction of your dream house
Povoação, Ilha de São Miguel, Portugal
REF: 647664
€479,500
Description
With a spectacular view, breathtaking, and with the potential to build a house, up to 350 square meters and garage, I present you this unmissable investment opportunity for the construction of your dream house. About 10 minutes from the center of Vila da Povoação, access is via the regional road, to the north, and also, to the south, via a secondary road. These two accesses to the land provide an added value, in terms of use or in the development of other projects that you want to develop. For more information, please contact us. Do not hesitate. Negotiable Value. Iad is a digital real estate network of independent and autonomous consultants, present in 5 European countries (Portugal, Spain, Italy, France and Germany) and also in Mexico. #ref: 88745
With a spectacular view, breathtaking, and with the potential to build a house, up to 350 square meters and garage, I present you this unmissable investment opportunity for the construction of your dream house. About 10 minutes from the center of Vila da Povoação, access is via the regional road, to the north, and also, to the south, via a secondary road. These two accesses to the land provide an added value, in terms of use or in the development of other projects that you want to develop. For more information, please contact us. Do not hesitate. Negotiable Value. Iad is a digital real estate network of independent and autonomous consultants, present in 5 European countries (Portugal, Spain, Italy, France and Germany) and also in Mexico. #ref: 88745
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Currency Exchange
Povoação, Ilha de São Miguel, 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 €479,500 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 |
|---|---|---|---|
| €479,500 | £407,906 | £420,277 | £12,371 |
| Property Price € | €479,500 |
| Minimum cost in the last six months | £407,906 |
| Maximum cost in the last six months | £420,277 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,371 |
Povoação, Ilha de São Miguel, 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 €479,500 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 |
|---|---|---|---|
| €479,500 | £407,906 | £420,277 | £12,371 |
| Property Price € | €479,500 |
| Minimum cost in the last six months | £407,906 |
| Maximum cost in the last six months | £420,277 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,371 |
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 £12,371 more.
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