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Type T2 apartment, located on the 5th FLOOR
Ribeira Brava, Ilha da Madeira, Portugal
REF: 652136
€695,000
Description
Type T2 apartment, located on the 5th FLOOR. Its fraction has a useful area of 127.5m2, a balcony of 16.5m2 and 1 parking space. With a privileged location by the sea and in the center of the village of Ribeira Brava As it is an apartment located on the 5th floor, it has very good sun exposure. To live in this apartment is to be part of a condominium that is unique due to its location. This location is close to catering areas, a sea front where you can enjoy and two beaches and a swimming pool. In addition to the swimming pool on the terrace of the development with a spectacular view over the sea. Here you are not just buying the apartment, but an entire space that you can enjoy as if you were on vacation every day. THE IDEAL COMBINATION BETWEEN LOCATION AND URBANISM. VIEW, LIGHT, STYLE AND COMFORT, SINGLE CONNECTION TO THE PROMENADE ALONG THE BEACH. If you want to LIVE in one of the best areas of the south coast of Madeira!!! Here's the Opportunity!!! Make your DREAM come true. #ref: 86998
Type T2 apartment, located on the 5th FLOOR. Its fraction has a useful area of 127.5m2, a balcony of 16.5m2 and 1 parking space. With a privileged location by the sea and in the center of the village of Ribeira Brava As it is an apartment located on the 5th floor, it has very good sun exposure. To live in this apartment is to be part of a condominium that is unique due to its location. This location is close to catering areas, a sea front where you can enjoy and two beaches and a swimming pool. In addition to the swimming pool on the terrace of the development with a spectacular view over the sea. Here you are not just buying the apartment, but an entire space that you can enjoy as if you were on vacation every day. THE IDEAL COMBINATION BETWEEN LOCATION AND URBANISM. VIEW, LIGHT, STYLE AND COMFORT, SINGLE CONNECTION TO THE PROMENADE ALONG THE BEACH. If you want to LIVE in one of the best areas of the south coast of Madeira!!! Here's the Opportunity!!! Make your DREAM come true. #ref: 86998
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Currency Exchange
Ribeira Brava, 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 €695,000 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 |
|---|---|---|---|
| €695,000 | £591,230 | £609,195 | £17,966 |
| Property Price € | €695,000 |
| Minimum cost in the last six months | £591,230 |
| Maximum cost in the last six months | £609,195 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,966 |
Ribeira Brava, 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 €695,000 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 |
|---|---|---|---|
| €695,000 | £591,230 | £609,195 | £17,966 |
| Property Price € | €695,000 |
| Minimum cost in the last six months | £591,230 |
| Maximum cost in the last six months | £609,195 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,966 |
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 £17,966 more.
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