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Land for construction
Funchal, Ilha da Madeira, Portugal, 9060-315
REF: 679956
€600,000
Description
Land for construction of single-family or semi-detached villas, with stunning Funchal view This land overlooking the sea and the entire city of Funchal, is an excellent opportunity for the construction of several villas.
With a total area of 2,910 square meters, it is located in Boa Nova, offering a breathtaking view of the sea and our beautiful city.
Due to its large area, the land offers enough space for the construction of several villas, such as semi-detached or single-family houses, with generous private areas and ample spaces for leisure and coexistence.
In addition to the view of the sea and the city, the land also has a favorable topography, which allows the creation of pleasant outdoor spaces such as gardens, barbecue areas and swimming pools.
Come and learn more, with us
SN YOUR RELIABLE REAL ESTATE
Land for construction of single-family or semi-detached villas, with stunning Funchal view This land overlooking the sea and the entire city of Funchal, is an excellent opportunity for the construction of several villas.
With a total area of 2,910 square meters, it is located in Boa Nova, offering a breathtaking view of the sea and our beautiful city.
Due to its large area, the land offers enough space for the construction of several villas, such as semi-detached or single-family houses, with generous private areas and ample spaces for leisure and coexistence.
In addition to the view of the sea and the city, the land also has a favorable topography, which allows the creation of pleasant outdoor spaces such as gardens, barbecue areas and swimming pools.
Come and learn more, with us
SN YOUR RELIABLE REAL ESTATE
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Property on Map
Currency Exchange
Funchal, Ilha da Madeira, Portugal, 9060-315
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 €600,000 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 |
|---|---|---|---|
| €600,000 | £510,414 | £522,504 | £12,090 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £510,414 |
| Maximum cost in the last six months | £522,504 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,090 |
Funchal, Ilha da Madeira, Portugal, 9060-315
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 €600,000 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 |
|---|---|---|---|
| €600,000 | £510,414 | £522,504 | £12,090 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £510,414 |
| Maximum cost in the last six months | £522,504 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,090 |
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 £12,090 more.
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