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Plot with 3,630m² and Approved Project | São Jorge, Santana – Near Levada do Rei Plot of 3,630m² located in a quiet and green area in São Jorge, Santana, just minutes from the famous Levada dos Reis
Santana, Ilha da Madeira, Portugal
REF: 961891
€125,000
Description
Plot with 3,630m² and Approved Project | São Jorge, Santana – Near Levada do Rei Plot of 3,630m² located in a quiet and green area in São Jorge, Santana, just minutes from the famous Levada dos Reis. Ideal for building a private home or for a tourism investment. ✔️ Approved project for a single-family home with 139m² Plot details: Total area: 3,630m² Zone A (~1,000m²): • Possibility to build up to 250m² • Maximum of two floors • One detached house can be built, or the area can be divided into two plots for 2 homes (either detached or semi-detached), each up to 250m² Zone B (~2,630m²): • Construction of a tourism development is allowed • Ideal for rural tourism, nature-based tourism, or "glamping" projects – a modern and growing trend Location: Very quiet area Surrounded by nature Close to hiking trails and stunning landscapes Perfect for: Building your dream home in a peaceful natural setting Tourism and eco-investors Innovative and sustainable eco-tourism projects Get in touch for more information or to schedule a visit. #ref: 140376
Plot with 3,630m² and Approved Project | São Jorge, Santana – Near Levada do Rei Plot of 3,630m² located in a quiet and green area in São Jorge, Santana, just minutes from the famous Levada dos Reis. Ideal for building a private home or for a tourism investment. ✔️ Approved project for a single-family home with 139m² Plot details: Total area: 3,630m² Zone A (~1,000m²): • Possibility to build up to 250m² • Maximum of two floors • One detached house can be built, or the area can be divided into two plots for 2 homes (either detached or semi-detached), each up to 250m² Zone B (~2,630m²): • Construction of a tourism development is allowed • Ideal for rural tourism, nature-based tourism, or "glamping" projects – a modern and growing trend Location: Very quiet area Surrounded by nature Close to hiking trails and stunning landscapes Perfect for: Building your dream home in a peaceful natural setting Tourism and eco-investors Innovative and sustainable eco-tourism projects Get in touch for more information or to schedule a visit. #ref: 140376
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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 €125,000 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 |
|---|---|---|---|
| €125,000 | £102,988 | £108,511 | £5,524 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £102,988 |
| Maximum cost in the last six months | £108,511 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,524 |
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 €125,000 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 |
|---|---|---|---|
| €125,000 | £102,988 | £108,511 | £5,524 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £102,988 |
| Maximum cost in the last six months | £108,511 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,524 |
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 £5,524 more.
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