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Set of 2 plots of land with 24
Ponta Delgada, Ilha de São Miguel, Portugal, 9555-161
REF: 761139
€159,950
Description
Set of 2 plots of land with 24,660.00 m2. Flat terrain. Accessibility. Sea View. Mountain View Set of 2 Plots w/ 24,660.00 m2
Flat terrain
Accessibility
Sea View
Mountain View
Mosteiros is a Portuguese parish in the municipality of Ponta Delgada, with an area of 8.98 km and 1,123 inhabitants (2011). Its population density is 125.1 inhabitants/km . It is located at the western end of the island, about 30 kilometres from the island's capital, Ponta Delgada, and about ten kilometres from the Ferraria bathing area.
It is at an altitude of 16 to 30 meters above sea level, being a kind of large fajã.
The rest of the parish is much higher (Pico and Lombas) with altitudes between 140 and 190 meters. The Monasteries have a road that allows the connection to Ponta Delgada, both from the South and from the North, as well as to the city of Ribeira Grande. The rainfall is one of the lowest on the island. The soil is very productive, perhaps because it is the youngest on the island, only 600 years old.
Set of 2 plots of land with 24,660.00 m2. Flat terrain. Accessibility. Sea View. Mountain View Set of 2 Plots w/ 24,660.00 m2
Flat terrain
Accessibility
Sea View
Mountain View
Mosteiros is a Portuguese parish in the municipality of Ponta Delgada, with an area of 8.98 km and 1,123 inhabitants (2011). Its population density is 125.1 inhabitants/km . It is located at the western end of the island, about 30 kilometres from the island's capital, Ponta Delgada, and about ten kilometres from the Ferraria bathing area.
It is at an altitude of 16 to 30 meters above sea level, being a kind of large fajã.
The rest of the parish is much higher (Pico and Lombas) with altitudes between 140 and 190 meters. The Monasteries have a road that allows the connection to Ponta Delgada, both from the South and from the North, as well as to the city of Ribeira Grande. The rainfall is one of the lowest on the island. The soil is very productive, perhaps because it is the youngest on the island, only 600 years old.
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Currency Exchange
Ponta Delgada, Ilha de São Miguel, Portugal, 9555-161
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 €159,950 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 |
|---|---|---|---|
| €159,950 | £136,068 | £140,025 | £3,957 |
| Property Price € | €159,950 |
| Minimum cost in the last six months | £136,068 |
| Maximum cost in the last six months | £140,025 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,957 |
Ponta Delgada, Ilha de São Miguel, Portugal, 9555-161
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 €159,950 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 |
|---|---|---|---|
| €159,950 | £136,068 | £140,025 | £3,957 |
| Property Price € | €159,950 |
| Minimum cost in the last six months | £136,068 |
| Maximum cost in the last six months | £140,025 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,957 |
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 £3,957 more.
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