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Land with 5
Povoação, Ilha de São Miguel, Portugal, 9650-018
REF: 730019
€94,950
Description
Land with 5.544,00 m2. Plan. Direct Access to the Road. Quiet area. Sea and Mountain View. Land with 5,544.00 m2
Plan
Direct Access to the Road
Quiet Zone
Sea View and Serra
Consisting of Terra Chã, Lomba das Fagundas and Fajã do Calhau, the latter paradisiacal summer spot, the parish of Água Retorta has a total of 429 residents, according to the 2021 census.
Água Retorta is distant from the city of Ponta Delgada about 75 kilometers and about 14 kilometers from the village of Povoação, seat of the municipality.
Those who visit this pleasant parish can find beautiful natural landscapes, a Forest Park to enchant and a rich built heritage, of which stands out the church dedicated to its patron saint, Our Lady of Penha de França, whose feast in her honor is held on the penultimate weekend of August.
The peculiarity of the gastronomy of this parish, traditionally closely linked to pork products, led the Parish Council to organize, for the first time in 2010, the "Gastronomic Show of Agricultural Products of Água Retorta". Since then, this event has been held annually and, combining the gastronomic and cultural aspects, attracts hundreds of visitors to what is known as "the most picturesque parish of the Azores".
Land with 5.544,00 m2. Plan. Direct Access to the Road. Quiet area. Sea and Mountain View. Land with 5,544.00 m2
Plan
Direct Access to the Road
Quiet Zone
Sea View and Serra
Consisting of Terra Chã, Lomba das Fagundas and Fajã do Calhau, the latter paradisiacal summer spot, the parish of Água Retorta has a total of 429 residents, according to the 2021 census.
Água Retorta is distant from the city of Ponta Delgada about 75 kilometers and about 14 kilometers from the village of Povoação, seat of the municipality.
Those who visit this pleasant parish can find beautiful natural landscapes, a Forest Park to enchant and a rich built heritage, of which stands out the church dedicated to its patron saint, Our Lady of Penha de França, whose feast in her honor is held on the penultimate weekend of August.
The peculiarity of the gastronomy of this parish, traditionally closely linked to pork products, led the Parish Council to organize, for the first time in 2010, the "Gastronomic Show of Agricultural Products of Água Retorta". Since then, this event has been held annually and, combining the gastronomic and cultural aspects, attracts hundreds of visitors to what is known as "the most picturesque parish of the Azores".
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Property on Map
Currency Exchange
Povoação, Ilha de São Miguel, Portugal, 9650-018
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 €94,950 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 |
|---|---|---|---|
| €94,950 | £80,773 | £83,227 | £2,454 |
| Property Price € | €94,950 |
| Minimum cost in the last six months | £80,773 |
| Maximum cost in the last six months | £83,227 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,454 |
Povoação, Ilha de São Miguel, Portugal, 9650-018
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 €94,950 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 |
|---|---|---|---|
| €94,950 | £80,773 | £83,227 | £2,454 |
| Property Price € | €94,950 |
| Minimum cost in the last six months | £80,773 |
| Maximum cost in the last six months | £83,227 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,454 |
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 £2,454 more.
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