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Land with 420
Lagoa (Açores), Ilha de São Miguel, Portugal
REF: 741882
€69,950
Description
Land with 420.00 m2. Feasibility of Construction. Center of the Parish of Ribeira Chã. Proximity to the beaches of Água D'Alto. Land with 420.00 m2 Feasibility of Construction Center of the Parish of Ribeira Chã
Proximity to the Beaches of Água D'Alto
Ribeira Chã is a parish in the municipality of Lagoa, with an area of 2.52 km and 365 inhabitants (2021 census). Parish created by Decree-Law No. 47.014, of 18/05/1966, with places detached from the parish of Água de Pau
The development of this parish took place from the 1960s, largely due to the influence of Father João Caetano Flores, with its elevation to parish.
Ribeira Chã, a very old village, owes its name to the stream that flows in its vicinity and flows into the sea, through a gully covered with shallow slabs or chães.
Land with 420.00 m2. Feasibility of Construction. Center of the Parish of Ribeira Chã. Proximity to the beaches of Água D'Alto. Land with 420.00 m2 Feasibility of Construction Center of the Parish of Ribeira Chã
Proximity to the Beaches of Água D'Alto
Ribeira Chã is a parish in the municipality of Lagoa, with an area of 2.52 km and 365 inhabitants (2021 census). Parish created by Decree-Law No. 47.014, of 18/05/1966, with places detached from the parish of Água de Pau
The development of this parish took place from the 1960s, largely due to the influence of Father João Caetano Flores, with its elevation to parish.
Ribeira Chã, a very old village, owes its name to the stream that flows in its vicinity and flows into the sea, through a gully covered with shallow slabs or chães.
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Property on Map
Currency Exchange
Lagoa (Açores), 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 €69,950 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 |
|---|---|---|---|
| €69,950 | £59,506 | £61,314 | £1,808 |
| Property Price € | €69,950 |
| Minimum cost in the last six months | £59,506 |
| Maximum cost in the last six months | £61,314 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,808 |
Lagoa (Açores), 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 €69,950 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 |
|---|---|---|---|
| €69,950 | £59,506 | £61,314 | £1,808 |
| Property Price € | €69,950 |
| Minimum cost in the last six months | £59,506 |
| Maximum cost in the last six months | £61,314 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,808 |
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 £1,808 more.
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