House with 3+1 Bedrooms - Ribeirinha - Ribeira Grande

Ribeira Grande, Ilha de São Miguel, Portugal, 9600-301

For Sale

€169,950

REF: 801670 €169,950


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Description

Villa with 3+1 Bedrooms. 2 kitchens. Patio with Annex. Backyard. 2 independent inputs. Center of the Parish of Ribeirinha. Villa with 3+1 Bedrooms 2 Kitchens Patio with Annex Backyard 2 Independent Inputs Center of the Parish of Ribeirinha Located on the north coast of the island, it is about 3 kilometers from the county seat and 21 kilometers from Ponta Delgada. The settlement of this parish dates back to the time of the first settlers going to S.

Miguel, in the second half of the fifteenth century. The toponym Ribeirinha derives from the watercourse that in this place has rarely had the torrential character, so frequent in the Azorean islands. Gaspar Frutuoso says: "it is called that, with the diminutive name, because Ribeira Grande, its neighbor, is smaller". This settlement seems to have emerged at the same time or shortly after the beginning of the settlement of Ribeira Grande, in the last half of the fifteenth century. Currently, Ribeirinha is the producer of many of the agricultural products sold in the markets of the cities of Ribeira Grande and Ponta Delgada. It is worth mentioning Água das Lombadas, which is carbo-gaseous, in which bicarbonate and sodium ions predominate. Being oversaturated with carbon dioxide, they have a very pleasant acidic taste on the palate, not changing over time.
Villa with 3+1 Bedrooms. 2 kitchens. Patio with Annex. Backyard. 2 independent inputs. Center of the Parish of Ribeirinha. Villa with 3+1 Bedrooms 2 Kitchens Patio with Annex Backyard 2 Independent Inputs Center of the Parish of Ribeirinha Located on the north coast of the island, it is about 3 kilometers from the county seat and 21 kilometers from Ponta Delgada. The settlement of this parish dates back to the time of the first settlers going to S.

Miguel, in the second half of the fifteenth century. The toponym Ribeirinha derives from the watercourse that in this place has rarely had the torrential character, so frequent in the Azorean islands. Gaspar Frutuoso says: "it is called that, with the diminutive name, because Ribeira Grande, its neighbor, is smaller". This settlement seems to have emerged at the same time or shortly after the beginning of the settlement of Ribeira Grande, in the last half of the fifteenth century. Currently, Ribeirinha is the producer of many of the agricultural products sold in the markets of the cities of Ribeira Grande and Ponta Delgada. It is worth mentioning Água das Lombadas, which is carbo-gaseous, in which bicarbonate and sodium ions predominate. Being oversaturated with carbon dioxide, they have a very pleasant acidic taste on the palate, not changing over time.
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Property on Map

#326/M/03544

Currency Exchange

Ribeira Grande, Ilha de São Miguel, Portugal, 9600-301

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 €169,950 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
€169,950 £144,575 £148,779 £4,205
Property Price € €169,950
Minimum cost in the last six months £144,575
Maximum cost in the last six months £148,779
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,205

Ribeira Grande, Ilha de São Miguel, Portugal, 9600-301

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 €169,950 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
€169,950 £144,575 £148,779 £4,205
Property Price € €169,950
Minimum cost in the last six months £144,575
Maximum cost in the last six months £148,779
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,205

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 £4,205 more.

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