Land Plot with Two Cottages in Calheta!

Calheta, Ilha da Madeira, Portugal, 9385-100

For Sale

€175,000

REF: 805392 €175,000


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Description

Exceptional Deal! Discover this fantastic opportunity in Ponta do Pargo, offering a spacious plot of land totaling 1208m2 with not one, but two derelict urban buildings included. The flat terrain makes it ideal for hassle-free construction. Enjoy stunning views and the tranquility of rural living in this serene environment. Accessible by road, this property provides easy connectivity while maintaining its peaceful charm Located 50 mintes drive to Funchal aand 15 minutes to public services. Schedule your viewing today!
Exceptional Deal! Discover this fantastic opportunity in Ponta do Pargo, offering a spacious plot of land totaling 1208m2 with not one, but two derelict urban buildings included. The flat terrain makes it ideal for hassle-free construction. Enjoy stunning views and the tranquility of rural living in this serene environment. Accessible by road, this property provides easy connectivity while maintaining its peaceful charm Located 50 mintes drive to Funchal aand 15 minutes to public services. Schedule your viewing today!
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Property on Map

#1374

Currency Exchange

Calheta, Ilha da Madeira, Portugal, 9385-100

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 €175,000 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
€175,000 £148,871 £153,395 £4,524
Property Price € €175,000
Minimum cost in the last six months £148,871
Maximum cost in the last six months £153,395
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,524

Calheta, Ilha da Madeira, Portugal, 9385-100

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 €175,000 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
€175,000 £148,871 £153,395 £4,524
Property Price € €175,000
Minimum cost in the last six months £148,871
Maximum cost in the last six months £153,395
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,524

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 £4,524 more.

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