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LAND | MADEIRA ISLAND | GREAT POTENTIAL
Ponta do Sol, Ilha da Madeira, Portugal, 9360-366
REF: 928381
€89,000
Description
Get ready to enter the world of your dreams with this incredible opportunity to acquire an 800m2 plot of land in the picturesque town of Ponta do Sol. Get ready to enter the world of your dreams with this incredible opportunity to acquire an 800m2 plot of land with haystack in the charming parish of Canhas.
This property offers a unique opportunity to build a detached house in the detached typology up to 250m2 or semi-detached up to 350m2.
With easy car access, this plot of land is located in a quiet area, with a privileged sun exposure facing south and superb views of the sea and mountains.
Located just minutes from three supermarkets, restaurants and schools (1st cycle Basic School with Lombo dos Canhas pre-school and B1/PE Vale and Cova do Pico School), this plot is also just a 2-minute walk from a bus stop, ensuring easy access to the historic village of Ponta do Sol.
Don't miss the opportunity to turn this land into a family home or a profitable investment.
Contact us today for more information and start turning your dreams into reality.
SN Real Estate - Madeira. Island. Home.
"Where each property tells a story, each client lives a dream"
Get ready to enter the world of your dreams with this incredible opportunity to acquire an 800m2 plot of land in the picturesque town of Ponta do Sol. Get ready to enter the world of your dreams with this incredible opportunity to acquire an 800m2 plot of land with haystack in the charming parish of Canhas.
This property offers a unique opportunity to build a detached house in the detached typology up to 250m2 or semi-detached up to 350m2.
With easy car access, this plot of land is located in a quiet area, with a privileged sun exposure facing south and superb views of the sea and mountains.
Located just minutes from three supermarkets, restaurants and schools (1st cycle Basic School with Lombo dos Canhas pre-school and B1/PE Vale and Cova do Pico School), this plot is also just a 2-minute walk from a bus stop, ensuring easy access to the historic village of Ponta do Sol.
Don't miss the opportunity to turn this land into a family home or a profitable investment.
Contact us today for more information and start turning your dreams into reality.
SN Real Estate - Madeira. Island. Home.
"Where each property tells a story, each client lives a dream"
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Property on Map
Currency Exchange
Ponta do Sol, Ilha da Madeira, Portugal, 9360-366
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 €89,000 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 |
|---|---|---|---|
| €89,000 | £73,327 | £77,260 | £3,933 |
| Property Price € | €89,000 |
| Minimum cost in the last six months | £73,327 |
| Maximum cost in the last six months | £77,260 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,933 |
Ponta do Sol, Ilha da Madeira, Portugal, 9360-366
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 €89,000 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 |
|---|---|---|---|
| €89,000 | £73,327 | £77,260 | £3,933 |
| Property Price € | €89,000 |
| Minimum cost in the last six months | £73,327 |
| Maximum cost in the last six months | £77,260 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,933 |
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 £3,933 more.
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