Land with 38

Ribeira Grande, Ilha de São Miguel, Portugal, 9600-330

For Sale

€164,950

REF: 815451 €164,950


Description

Land with 38,200.00 m2. Near the Santa Iria Lighthouse. Accessibility. Sea and Mountain Views. Land with 38,200.00 m2 Near the Santa Iria Lighthouse Accessibility Sea and Mountain Views The name of this parish comes from the "riverside" that crosses it. Although it is not possible to give an exact date for the foundation of this locality, we can, however, say that it points to the end of the fifteenth century or the beginning of the sixteenth century.

Until August 1948, Ribeirinha belonged to the parish of Nossa Senhora da Estrela in the then village of Ribeira Grande The place of Grams is very picturesque and wooded, being crossed by a stream where many years ago women washed their clothes. Likewise, the water in its fountains is very pure, and some claim that it has therapeutic effects.
Land with 38,200.00 m2. Near the Santa Iria Lighthouse. Accessibility. Sea and Mountain Views. Land with 38,200.00 m2 Near the Santa Iria Lighthouse Accessibility Sea and Mountain Views The name of this parish comes from the "riverside" that crosses it. Although it is not possible to give an exact date for the foundation of this locality, we can, however, say that it points to the end of the fifteenth century or the beginning of the sixteenth century.

Until August 1948, Ribeirinha belonged to the parish of Nossa Senhora da Estrela in the then village of Ribeira Grande The place of Grams is very picturesque and wooded, being crossed by a stream where many years ago women washed their clothes. Likewise, the water in its fountains is very pure, and some claim that it has therapeutic effects.
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Property on Map

#326/T/03562

Currency Exchange

Ribeira Grande, Ilha de São Miguel, Portugal, 9600-330

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 €164,950 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
€164,950 £140,321 £144,402 £4,081
Property Price € €164,950
Minimum cost in the last six months £140,321
Maximum cost in the last six months £144,402
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,081

Ribeira Grande, Ilha de São Miguel, Portugal, 9600-330

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 €164,950 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
€164,950 £140,321 £144,402 £4,081
Property Price € €164,950
Minimum cost in the last six months £140,321
Maximum cost in the last six months £144,402
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,081

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 £4,081 more.

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