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Building land (Estreito da Calheta)
Calheta, Ilha da Madeira, Portugal, 9370-056
REF: 814711
€450,000
Description
Land for construction overlooking the sea in a very quiet area in the parish of Estreito da Calheta, Madeira island. Building land overlooking the sea in the parish of Estreito da Calheta, Madeira island.
This property is divided into 2 articles, inserted in an urban area, with a definitive view over the Ocean, with sun exposure throughout the day, the area where it is inserted is a very quiet area.
The land is situated in an area of low population density, which makes it ideal for those looking for tranquility and quiet.
This land is an excellent opportunity for those looking for a profitable and safe investment. With a privileged location and several construction possibilities, this land has everything to be a success.
SN Real Estate
964122252
Land for construction overlooking the sea in a very quiet area in the parish of Estreito da Calheta, Madeira island. Building land overlooking the sea in the parish of Estreito da Calheta, Madeira island.
This property is divided into 2 articles, inserted in an urban area, with a definitive view over the Ocean, with sun exposure throughout the day, the area where it is inserted is a very quiet area.
The land is situated in an area of low population density, which makes it ideal for those looking for tranquility and quiet.
This land is an excellent opportunity for those looking for a profitable and safe investment. With a privileged location and several construction possibilities, this land has everything to be a success.
SN Real Estate
964122252
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Property on Map
Currency Exchange
Calheta, Ilha da Madeira, Portugal, 9370-056
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £382,811 | £393,944 | £11,133 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £382,811 |
| Maximum cost in the last six months | £393,944 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,133 |
Calheta, Ilha da Madeira, Portugal, 9370-056
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £382,811 | £393,944 | £11,133 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £382,811 |
| Maximum cost in the last six months | £393,944 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,133 |
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 £11,133 more.
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