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Land with 2
Vila Franca do Campo, Ilha de São Miguel, Portugal, 9680-365
REF: 741883
€109,950
Description
Land with 2,100.00 m2. Feasibility of Construction. Proximity to Beaches. Demure Zone. Sea and Mountain Views. Land with 2,100.00 m2
Feasibility of Construction
Proximity to Beaches
Demure
Area Sea and Mountain
View With a geographical area of 18.44 km2 and 1,788 inhabitants (2011 Census), the parish of Água d'Alto is located on the south coast of the island and faces the sea and the parishes of Ribeira Chã and Água de Pau (Municipality of Lagoa). Ribeira Seca and Conceição (Municipality of Ribeira Grande) and São Miguel and São Pedro (Municipality of Vila Franca do Campo). The name of
this parish is linked to the fact that in one of the existing streams there is a waterfall about 30 meters high, hence the name "Água d'Alto". Gaspar Frutuoso, a well-known chronicler, mentions that, on that river, there would have been four sugar mills, at the time when sugar cane was a successful crop.
The foundation of the town of Água d'Alto dates back to 1511, and it remained an integral part of the parish of São Pedro until August 1907, when it was elevated to the status of parish.
Lugar da Praia is also part of this parish, located next to the river with the same name. This is a small village that, due to its specific characteristics, was designated in 1982 as a "Classified Place" by the Regional Government of the Azores.
Land with 2,100.00 m2. Feasibility of Construction. Proximity to Beaches. Demure Zone. Sea and Mountain Views. Land with 2,100.00 m2
Feasibility of Construction
Proximity to Beaches
Demure
Area Sea and Mountain
View With a geographical area of 18.44 km2 and 1,788 inhabitants (2011 Census), the parish of Água d'Alto is located on the south coast of the island and faces the sea and the parishes of Ribeira Chã and Água de Pau (Municipality of Lagoa). Ribeira Seca and Conceição (Municipality of Ribeira Grande) and São Miguel and São Pedro (Municipality of Vila Franca do Campo). The name of
this parish is linked to the fact that in one of the existing streams there is a waterfall about 30 meters high, hence the name "Água d'Alto". Gaspar Frutuoso, a well-known chronicler, mentions that, on that river, there would have been four sugar mills, at the time when sugar cane was a successful crop.
The foundation of the town of Água d'Alto dates back to 1511, and it remained an integral part of the parish of São Pedro until August 1907, when it was elevated to the status of parish.
Lugar da Praia is also part of this parish, located next to the river with the same name. This is a small village that, due to its specific characteristics, was designated in 1982 as a "Classified Place" by the Regional Government of the Azores.
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Property on Map
Currency Exchange
Vila Franca do Campo, Ilha de São Miguel, Portugal, 9680-365
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 €109,950 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 |
|---|---|---|---|
| €109,950 | £93,533 | £96,376 | £2,842 |
| Property Price € | €109,950 |
| Minimum cost in the last six months | £93,533 |
| Maximum cost in the last six months | £96,376 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,842 |
Vila Franca do Campo, Ilha de São Miguel, Portugal, 9680-365
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 €109,950 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 |
|---|---|---|---|
| €109,950 | £93,533 | £96,376 | £2,842 |
| Property Price € | €109,950 |
| Minimum cost in the last six months | £93,533 |
| Maximum cost in the last six months | £96,376 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,842 |
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 £2,842 more.
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