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Traditional style house located in Prazeres, a place known for its excellent climate with lots of sun exposure, a quiet area with an altitude of 450 meters above sea level
Calheta (Madeira), Ilha da Madeira, Portugal
REF: 818377
€425,000
Description
Traditional style house located in Prazeres, a place known for its excellent climate with lots of sun exposure, a quiet area with an altitude of 450 meters above sea level. With a constructed area of 414mts and a plot area of 700mts The ground floor includes the kitchen, 2 suites, 3 bathrooms, one with a shower and the other with a bathtub, a large living room with fireplace and access to the patio with a 500-meter terrace, facilitating the construction of a swimming pool. Approximately 35m garage with automatic gate and easy parking for 2 cars, barbecue and garden. Access staircase with door to the 1st floor. 1st floor with a large living room of 117.74 m, 2 bedrooms, bathroom with shower and balcony with a view. It also has a small annex yet to be finished on the ground floor with 1 bedroom, 1 bathroom and kitchen with separate entrance. Location - 1 minute walk to the supermarket. - 1 minute walk from restaurants, shops and banks. - 3 minutes Fuel pump - 7 minutes from the health center. - 15 minutes from basic school and kindergarten. It is located 5 minutes from the center of Calheta, supermarkets, marina, bank, finance, pharmacies, Calheta beach and other services. In this parish of pleasure you will find the levadas of Ribeiro de Inés, Ribeira de Batel and Riveira da Lombada. We appreciate your preference in our services and hope to hear from you as soon as possible to discuss and schedule a visit. We are intermediaries of bank loans, certificates and registrations in banks in Portugal, with fast, efficient and secure mortgage credit. #ref: 117496
Traditional style house located in Prazeres, a place known for its excellent climate with lots of sun exposure, a quiet area with an altitude of 450 meters above sea level. With a constructed area of 414mts and a plot area of 700mts The ground floor includes the kitchen, 2 suites, 3 bathrooms, one with a shower and the other with a bathtub, a large living room with fireplace and access to the patio with a 500-meter terrace, facilitating the construction of a swimming pool. Approximately 35m garage with automatic gate and easy parking for 2 cars, barbecue and garden. Access staircase with door to the 1st floor. 1st floor with a large living room of 117.74 m, 2 bedrooms, bathroom with shower and balcony with a view. It also has a small annex yet to be finished on the ground floor with 1 bedroom, 1 bathroom and kitchen with separate entrance. Location - 1 minute walk to the supermarket. - 1 minute walk from restaurants, shops and banks. - 3 minutes Fuel pump - 7 minutes from the health center. - 15 minutes from basic school and kindergarten. It is located 5 minutes from the center of Calheta, supermarkets, marina, bank, finance, pharmacies, Calheta beach and other services. In this parish of pleasure you will find the levadas of Ribeiro de Inés, Ribeira de Batel and Riveira da Lombada. We appreciate your preference in our services and hope to hear from you as soon as possible to discuss and schedule a visit. We are intermediaries of bank loans, certificates and registrations in banks in Portugal, with fast, efficient and secure mortgage credit. #ref: 117496
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Currency Exchange
Calheta (Madeira), Ilha da Madeira, Portugal
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 €425,000 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 |
|---|---|---|---|
| €425,000 | £361,543 | £372,058 | £10,515 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £361,543 |
| Maximum cost in the last six months | £372,058 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,515 |
Calheta (Madeira), Ilha da Madeira, Portugal
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 €425,000 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 |
|---|---|---|---|
| €425,000 | £361,543 | £372,058 | £10,515 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £361,543 |
| Maximum cost in the last six months | £372,058 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,515 |
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 £10,515 more.
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