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Land w/ approved Bungalows project
Calheta, Ilha da Madeira, Portugal, 9370-635
REF: 843121
€1,250,000
Description
Land for investment in a tourist village, with an approved project for Bungalows, with restaurant and an area of 12560m2.
Located in the parish of Prazeres. Welcome to the charming parish of Prazeres, a tranquil haven where every corner hides enchanting surprises waiting to be discovered. In this paradise, there is a plot of land with an incredible project waiting to become a reality.
With a total area of 12,565 square meters, this property offers the perfect space to build your own dream home. Located in the picturesque municipality of Calheta, this is a unique opportunity to create a personalized getaway in a tranquil setting.
For an even more enriching experience, you can explore Quinta Pedagógica dos Prazeres, a zoo and educational farm just a 13-minute walk from the village center. This dynamic combination of culinary and natural attractions ensures that Prazeres is a destination where tranquility meets vibrant experiences.
Don't miss the opportunity to make this dream land a reality. This land with a promising project is available for sale, making it an unmissable opportunity for those looking to build a unique refuge in one of the most charming areas of Madeira Island.
Land for investment in a tourist village, with an approved project for Bungalows, with restaurant and an area of 12560m2.
Located in the parish of Prazeres. Welcome to the charming parish of Prazeres, a tranquil haven where every corner hides enchanting surprises waiting to be discovered. In this paradise, there is a plot of land with an incredible project waiting to become a reality.
With a total area of 12,565 square meters, this property offers the perfect space to build your own dream home. Located in the picturesque municipality of Calheta, this is a unique opportunity to create a personalized getaway in a tranquil setting.
For an even more enriching experience, you can explore Quinta Pedagógica dos Prazeres, a zoo and educational farm just a 13-minute walk from the village center. This dynamic combination of culinary and natural attractions ensures that Prazeres is a destination where tranquility meets vibrant experiences.
Don't miss the opportunity to make this dream land a reality. This land with a promising project is available for sale, making it an unmissable opportunity for those looking to build a unique refuge in one of the most charming areas of Madeira Island.
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Property on Map
Currency Exchange
Calheta, Ilha da Madeira, Portugal, 9370-635
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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,029,875 | £1,085,113 | £55,238 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,029,875 |
| Maximum cost in the last six months | £1,085,113 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £55,238 |
Calheta, Ilha da Madeira, Portugal, 9370-635
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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,029,875 | £1,085,113 | £55,238 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,029,875 |
| Maximum cost in the last six months | £1,085,113 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £55,238 |
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 £55,238 more.
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