Land (1050m2) - Calheta

Calheta, Ilha da Madeira, Portugal, 9370-043

For Sale

€550,000

REF: 757012 €550,000


Description

Land with sea view located in Calheta. Land located in Calheta, located in a quiet and sunny area, at an altitude of 100 meters, which allows you to have an incredible sea view. It has two road fronts and is also next to the municipal road. In the vicinity of this land you can count on several services such as supermarket, restaurants, cafes, service station, Town Hall among others. Located 5 min from the sandy beach of Calheta. For more information, contact us!
Land with sea view located in Calheta. Land located in Calheta, located in a quiet and sunny area, at an altitude of 100 meters, which allows you to have an incredible sea view. It has two road fronts and is also next to the municipal road. In the vicinity of this land you can count on several services such as supermarket, restaurants, cafes, service station, Town Hall among others. Located 5 min from the sandy beach of Calheta. For more information, contact us!
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Property on Map

#1193

Currency Exchange

Calheta, Ilha da Madeira, Portugal, 9370-043

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 €550,000 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
€550,000 £467,880 £481,487 £13,607
Property Price € €550,000
Minimum cost in the last six months £467,880
Maximum cost in the last six months £481,487
Fluctuating exchange rates over the last six months could have increased the cost of this property by £13,607

Calheta, Ilha da Madeira, Portugal, 9370-043

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 €550,000 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
€550,000 £467,880 £481,487 £13,607
Property Price € €550,000
Minimum cost in the last six months £467,880
Maximum cost in the last six months £481,487
Fluctuating exchange rates over the last six months could have increased the cost of this property by £13,607

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 £13,607 more.

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