New 2 Bedroom Apartment | Sea View | Reis Magos Beach | Caniço Center | Madeira Island

Santa Cruz, Ilha da Madeira, Portugal, 9125-015

For Sale

€335,000

REF: 806438 €335,000


2

2

Description

Development under construction, consisting of 4 floors, 4 apartments on the first 3 floors and 2 apartments on the top floor, totaling 14 housing units. It is located in the center of Caniço, a privileged area, which stands out for the fact that it is possible for you to travel to all services, even close to home, namely, cafes, bakeries/pastry shops, pharmacy, post office, educational establishments, banks, supermarkets, among others.

It is just 500 metres from the expressway, approximately .. Come and live in the center of Caniço, close to shops, services, beaches... Everything you need, right next to you! Development under construction, consisting of 4 floors, 4 apartments on the first 3 floors and 2 apartments on the top floor, totaling 14 housing units. It is located in the center of Caniço, a privileged area, which stands out for the fact that it is possible for you to travel to all services, even close to home, namely, cafes, bakeries/pastry shops, pharmacy, post office, educational establishments, banks, supermarkets, among others.

It is just 500 metres from the expressway, approximately 10 minutes from Funchal, as well as a variety of public transport, as well as "Reis Magos" Beach. New 2 bedroom apartment, private condominium, in the final stages of construction, modern lines, with excellent light, with quality materials and finishes.

Consisting of two bedrooms, one of them en suite, where we can find a spacious dressing room. A harmonious living/dining room of approximately 26.66 m with direct access to the balcony (10.60 m ), where you can rest, sunbathe or simply read a book. It also has a fully equipped kitchen with TEKA appliances, from induction hob, extractor fan, built-in oven and microwave, dishwasher and fridge.

It has 1 parking space. This development has solar panels, air conditioning, high security armored door and video intercom. The completion of the work is scheduled for June 2024. Like? Come and see this modern apartment, whose location speaks for itself!
Development under construction, consisting of 4 floors, 4 apartments on the first 3 floors and 2 apartments on the top floor, totaling 14 housing units. It is located in the center of Caniço, a privileged area, which stands out for the fact that it is possible for you to travel to all services, even close to home, namely, cafes, bakeries/pastry shops, pharmacy, post office, educational establishments, banks, supermarkets, among others.

It is just 500 metres from the expressway, approximately .. Come and live in the center of Caniço, close to shops, services, beaches... Everything you need, right next to you! Development under construction, consisting of 4 floors, 4 apartments on the first 3 floors and 2 apartments on the top floor, totaling 14 housing units. It is located in the center of Caniço, a privileged area, which stands out for the fact that it is possible for you to travel to all services, even close to home, namely, cafes, bakeries/pastry shops, pharmacy, post office, educational establishments, banks, supermarkets, among others.

It is just 500 metres from the expressway, approximately 10 minutes from Funchal, as well as a variety of public transport, as well as "Reis Magos" Beach. New 2 bedroom apartment, private condominium, in the final stages of construction, modern lines, with excellent light, with quality materials and finishes.

Consisting of two bedrooms, one of them en suite, where we can find a spacious dressing room. A harmonious living/dining room of approximately 26.66 m with direct access to the balcony (10.60 m ), where you can rest, sunbathe or simply read a book. It also has a fully equipped kitchen with TEKA appliances, from induction hob, extractor fan, built-in oven and microwave, dishwasher and fridge.

It has 1 parking space. This development has solar panels, air conditioning, high security armored door and video intercom. The completion of the work is scheduled for June 2024. Like? Come and see this modern apartment, whose location speaks for itself!
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Property on Map

#071746-K

Currency Exchange

Santa Cruz, Ilha da Madeira, Portugal, 9125-015

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 €335,000 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
€335,000 £284,981 £293,641 £8,660
Property Price € €335,000
Minimum cost in the last six months £284,981
Maximum cost in the last six months £293,641
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,660

Santa Cruz, Ilha da Madeira, Portugal, 9125-015

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 €335,000 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
€335,000 £284,981 £293,641 £8,660
Property Price € €335,000
Minimum cost in the last six months £284,981
Maximum cost in the last six months £293,641
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,660

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 £8,660 more.

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