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T1 apartment, located on the 1st FLOOR
Ribeira Brava, Ilha da Madeira, Portugal
REF: 791220
€425,000
Description
T1 apartment, located on the 1st FLOOR. Your fraction has a useful area of 129 m2, 1 balcony with and 1 parking space. With a privileged location next to the sea and in the center of the village of Ribeira Brava As it is an apartment on the 1st floor, it has very good sun exposure. Living in this apartment is being part of a condominium that is unique, due to its location. This location has restaurant areas nearby, a seafront where you can enjoy two beaches and a swimming pool. In addition to the swimming pool on the development's terrace with a spectacular view of the sea. Here you are not just buying the apartment, but a whole space that you can enjoy as if you were on vacation every day. THE IDEAL COMBINATION BETWEEN LOCATION AND URBANISM. VIEW, LIGHT, STYLE AND COMFORT, UNIQUE CONNECTION TO THE PROMENADE ALONG THE BEACH. If you want to LIVE in one of the best areas on the south coast of Madeira!!! Here is the Opportunity!!! Make your DREAM come true. #ref: 86871
T1 apartment, located on the 1st FLOOR. Your fraction has a useful area of 129 m2, 1 balcony with and 1 parking space. With a privileged location next to the sea and in the center of the village of Ribeira Brava As it is an apartment on the 1st floor, it has very good sun exposure. Living in this apartment is being part of a condominium that is unique, due to its location. This location has restaurant areas nearby, a seafront where you can enjoy two beaches and a swimming pool. In addition to the swimming pool on the development's terrace with a spectacular view of the sea. Here you are not just buying the apartment, but a whole space that you can enjoy as if you were on vacation every day. THE IDEAL COMBINATION BETWEEN LOCATION AND URBANISM. VIEW, LIGHT, STYLE AND COMFORT, UNIQUE CONNECTION TO THE PROMENADE ALONG THE BEACH. If you want to LIVE in one of the best areas on the south coast of Madeira!!! Here is the Opportunity!!! Make your DREAM come true. #ref: 86871
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Currency Exchange
Ribeira Brava, 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 €425,000 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 |
|---|---|---|---|
| €425,000 | £361,543 | £372,058 | £10,515 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £361,543 |
| Maximum cost in the last six months | £372,058 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,515 |
Ribeira Brava, 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 €425,000 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 |
|---|---|---|---|
| €425,000 | £361,543 | £372,058 | £10,515 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £361,543 |
| Maximum cost in the last six months | £372,058 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,515 |
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 £10,515 more.
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