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Excellent land with 1920 M2 for construction with superb view of the Sea and Mountains, over S
Santana, Ilha da Madeira, Portugal, 9238-148
REF: 698521
€110,000
Description
This is a very sought after place for tourism (Levada do Rei), however, it can also be the most suitable region for those who want to settle quietly for a life in contact with nature and 5 Minutes from the center of S. Jorge. In addition to the charming gardens, you will have at your disposal schools, supermarkets, pharmacy, access to the expressway, etc...
The natural beauty of this well-preserved region of Madeira between the ocean and the mountain, may be one of the biggest arguments to take a leap to a new life, but if you are looking for more reasons, count on several places that you can enjoy as a family or on walks alone through the "Levadas" in the middle of nature, or take a leap to Funchal, the Farmers' Market, the Madeira Botanical Garden, the CR7 Museum or the Funchal Municipal Garden.
This is a very sought after place for tourism (Levada do Rei), however, it can also be the most suitable region for those who want to settle quietly for a life in contact with nature and 5 Minutes from the center of S. Jorge. In addition to the charming gardens, you will have at your disposal schools, supermarkets, pharmacy, access to the expressway, etc...
The natural beauty of this well-preserved region of Madeira between the ocean and the mountain, may be one of the biggest arguments to take a leap to a new life, but if you are looking for more reasons, count on several places that you can enjoy as a family or on walks alone through the "Levadas" in the middle of nature, or take a leap to Funchal, the Farmers' Market, the Madeira Botanical Garden, the CR7 Museum or the Funchal Municipal Garden.
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Currency Exchange
Santana, Ilha da Madeira, Portugal, 9238-148
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 €110,000 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 |
|---|---|---|---|
| €110,000 | £93,576 | £95,792 | £2,217 |
| Property Price € | €110,000 |
| Minimum cost in the last six months | £93,576 |
| Maximum cost in the last six months | £95,792 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,217 |
Santana, Ilha da Madeira, Portugal, 9238-148
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 €110,000 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 |
|---|---|---|---|
| €110,000 | £93,576 | £95,792 | £2,217 |
| Property Price € | €110,000 |
| Minimum cost in the last six months | £93,576 |
| Maximum cost in the last six months | £95,792 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,217 |
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 £2,217 more.
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