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House for sale in a privileged location
Machico, Ilha da Madeira, Portugal
REF: 941908
€480,000
Description
House for sale in a privileged location. If you are looking for the perfect home for your family, this is the opportunity you have been waiting for! We present this magnificent 3-storey house, situated in a privileged location, with easy access to all the amenities that the city of Machico has to offer. Features: This property offers 3 spacious bedrooms, perfect for rest and privacy for your family. 2 complete bathrooms. Spacious and inviting living room, ideal for spending time with friends and family. Elegant dining room, for special meals and celebrations. Functional and equipped kitchen. It has a small garden to relax and enjoy nature. garage for 2 cars, with automatic gate. the house is located in a safe place and close to all services. Don't miss this unique opportunity to purchase the home you are looking for. Schedule a visit now and come and be enchanted by every detail of this property. #ref: 135283
House for sale in a privileged location. If you are looking for the perfect home for your family, this is the opportunity you have been waiting for! We present this magnificent 3-storey house, situated in a privileged location, with easy access to all the amenities that the city of Machico has to offer. Features: This property offers 3 spacious bedrooms, perfect for rest and privacy for your family. 2 complete bathrooms. Spacious and inviting living room, ideal for spending time with friends and family. Elegant dining room, for special meals and celebrations. Functional and equipped kitchen. It has a small garden to relax and enjoy nature. garage for 2 cars, with automatic gate. the house is located in a safe place and close to all services. Don't miss this unique opportunity to purchase the home you are looking for. Schedule a visit now and come and be enchanted by every detail of this property. #ref: 135283
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Currency Exchange
Machico, 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 €480,000 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 |
|---|---|---|---|
| €480,000 | £395,472 | £416,683 | £21,211 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £395,472 |
| Maximum cost in the last six months | £416,683 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,211 |
Machico, 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 €480,000 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 |
|---|---|---|---|
| €480,000 | £395,472 | £416,683 | £21,211 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £395,472 |
| Maximum cost in the last six months | £416,683 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,211 |
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 £21,211 more.
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