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In one of the hottest and most stunning areas of Madeira, lies a 3990 square meter plot of land, offering a unique opportunity to turn your dreams into reality
Ponta do Sol, Ilha da Madeira, Portugal
REF: 745645
€2,593,500
Description
In one of the hottest and most stunning areas of Madeira, lies a 3990 square meter plot of land, offering a unique opportunity to turn your dreams into reality. With a privileged location that offers a spectacular view of the sea, this land has the potential to house different types of projects, from the construction of a hotel, a block of apartments, semi-detached houses or the residence of your dreams. 1. Luxury Hotel: Imagine a luxury hotel with panoramic views of the Atlantic Ocean. With such a generous area, you will have enough space to create a world-class resort, with swimming pools, restaurants, spa and everything guests need for an unforgettable stay. Sunsets over the sea would be the perfect backdrop for a prestigious hotel development. 2. Block of Apartments: If you prefer to invest in permanent housing, a block of apartments is an excellent option. Overlooking the ocean, residents can enjoy the ocean breeze and spectacular scenery. Modern and spacious apartments can be designed to meet the needs of different types of families, creating a quality living environment. 3. Semi-detached Houses: Another possibility is the construction of semi-detached houses. This would provide the opportunity to create a gated community where residents share exceptional ocean views and a sense of neighborhood. Townhouses can be designed with well-kept gardens and shared amenities such as swimming pools or barbecue areas. 4. Dream Residence: If your dream is to have the perfect house with a sea view, this land offers more than enough space to build the residence of your dreams. Imagine a personalized house, with a large garden, private pool and terraces to enjoy the sunny days and starry nights in Madeira. Each day would be a unique experience. Regardless of the project chosen, this 3990 square meter plot of land in Madeira offers the possibility of creating something extraordinary. The warm location and spectacular sea views ensure that any development in this space will be truly special. It is a unique opportunity to be part of this paradise on Earth. #ref: 106904
In one of the hottest and most stunning areas of Madeira, lies a 3990 square meter plot of land, offering a unique opportunity to turn your dreams into reality. With a privileged location that offers a spectacular view of the sea, this land has the potential to house different types of projects, from the construction of a hotel, a block of apartments, semi-detached houses or the residence of your dreams. 1. Luxury Hotel: Imagine a luxury hotel with panoramic views of the Atlantic Ocean. With such a generous area, you will have enough space to create a world-class resort, with swimming pools, restaurants, spa and everything guests need for an unforgettable stay. Sunsets over the sea would be the perfect backdrop for a prestigious hotel development. 2. Block of Apartments: If you prefer to invest in permanent housing, a block of apartments is an excellent option. Overlooking the ocean, residents can enjoy the ocean breeze and spectacular scenery. Modern and spacious apartments can be designed to meet the needs of different types of families, creating a quality living environment. 3. Semi-detached Houses: Another possibility is the construction of semi-detached houses. This would provide the opportunity to create a gated community where residents share exceptional ocean views and a sense of neighborhood. Townhouses can be designed with well-kept gardens and shared amenities such as swimming pools or barbecue areas. 4. Dream Residence: If your dream is to have the perfect house with a sea view, this land offers more than enough space to build the residence of your dreams. Imagine a personalized house, with a large garden, private pool and terraces to enjoy the sunny days and starry nights in Madeira. Each day would be a unique experience. Regardless of the project chosen, this 3990 square meter plot of land in Madeira offers the possibility of creating something extraordinary. The warm location and spectacular sea views ensure that any development in this space will be truly special. It is a unique opportunity to be part of this paradise on Earth. #ref: 106904
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Currency Exchange
Ponta do Sol, Ilha da Madeira, 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 €2,593,500 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 |
|---|---|---|---|
| €2,593,500 | £2,136,785 | £2,251,391 | £114,607 |
| Property Price € | €2,593,500 |
| Minimum cost in the last six months | £2,136,785 |
| Maximum cost in the last six months | £2,251,391 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £114,607 |
Ponta do Sol, Ilha da Madeira, 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 €2,593,500 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 |
|---|---|---|---|
| €2,593,500 | £2,136,785 | £2,251,391 | £114,607 |
| Property Price € | €2,593,500 |
| Minimum cost in the last six months | £2,136,785 |
| Maximum cost in the last six months | £2,251,391 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £114,607 |
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 £114,607 more.
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