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T2 House to Renovate in Santana – Unique Potential! Located in a peaceful residential area, this house with great renovation potential offers the opportunity to create the home of your dreams
Santana, Ilha da Madeira, Portugal
REF: 956856
€340,000
Description
T2 House to Renovate in Santana – Unique Potential! Located in a peaceful residential area, this house with great renovation potential offers the opportunity to create the home of your dreams. With 2 bedrooms, 1 bathroom, a closed garage, and a wine press, this property is set on a 2890 m² plot of land, providing numerous possibilities for expansion and personalization. Land Area: 2890 m² Altitude: 350 meters, with spectacular views and close to the Miradouro Vista Navios (Ship View Lookout). Land: Flat, ideal for cultivation, leisure, or house expansion. Proximity: Supermarket just 1 minute away. Santana city center only 3 minutes away, with restaurants, shops, and services. Easy access to viewpoints and local tourist attractions. Features: 2 Bedrooms 1 Bathroom Closed Garage Wine press Spacious and flat land This house needs renovation but offers great potential for those looking to create a personalized home. Take advantage of the opportunity to transform this space into a modern and welcoming environment while preserving the charm of the Santana region. Schedule a visit and discover the full potential of this property! #ref: 139812
T2 House to Renovate in Santana – Unique Potential! Located in a peaceful residential area, this house with great renovation potential offers the opportunity to create the home of your dreams. With 2 bedrooms, 1 bathroom, a closed garage, and a wine press, this property is set on a 2890 m² plot of land, providing numerous possibilities for expansion and personalization. Land Area: 2890 m² Altitude: 350 meters, with spectacular views and close to the Miradouro Vista Navios (Ship View Lookout). Land: Flat, ideal for cultivation, leisure, or house expansion. Proximity: Supermarket just 1 minute away. Santana city center only 3 minutes away, with restaurants, shops, and services. Easy access to viewpoints and local tourist attractions. Features: 2 Bedrooms 1 Bathroom Closed Garage Wine press Spacious and flat land This house needs renovation but offers great potential for those looking to create a personalized home. Take advantage of the opportunity to transform this space into a modern and welcoming environment while preserving the charm of the Santana region. Schedule a visit and discover the full potential of this property! #ref: 139812
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Currency Exchange
Santana, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £280,126 | £295,151 | £15,025 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £280,126 |
| Maximum cost in the last six months | £295,151 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,025 |
Santana, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £280,126 | £295,151 | £15,025 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £280,126 |
| Maximum cost in the last six months | £295,151 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,025 |
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 £15,025 more.
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