3 Bedroom Apartment | Refurbished | OPPORTUNITY

Funchal, Ilha da Madeira, Portugal, 9000-042

For Sale

€397,000

REF: 963086 €397,000


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Description

Ready-to-move-in 3 bedroom apartment, strategically located in the heart of Funchal, in the São Pedro area. This privileged location guarantees proximity to a wide range of commercial establishments and services, such as the Plaza Shopping Centre, the Finances, the Post Office, notaries, schools and bus stops. The apartment has generous areas and has a kitchen, pantry, laundry, three bedrooms, living and dining room, two balconies and two full bathrooms. The property is in excellent condition, being an excellent option for both own housing and investment. If you are looking for a property with excellent potential in one of the most valued locations in Funchal, this is an opportunity not to be missed. For more information or to schedule a visit, please contact us. Condo 46,89 / month
Ready-to-move-in 3 bedroom apartment, strategically located in the heart of Funchal, in the São Pedro area. This privileged location guarantees proximity to a wide range of commercial establishments and services, such as the Plaza Shopping Centre, the Finances, the Post Office, notaries, schools and bus stops. The apartment has generous areas and has a kitchen, pantry, laundry, three bedrooms, living and dining room, two balconies and two full bathrooms. The property is in excellent condition, being an excellent option for both own housing and investment. If you are looking for a property with excellent potential in one of the most valued locations in Funchal, this is an opportunity not to be missed. For more information or to schedule a visit, please contact us. Condo 46,89 / month
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Property on Map

#071745-Q4

Currency Exchange

Funchal, Ilha da Madeira, Portugal, 9000-042

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 €397,000 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
€397,000 £327,088 £344,632 £17,543
Property Price € €397,000
Minimum cost in the last six months £327,088
Maximum cost in the last six months £344,632
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,543

Funchal, Ilha da Madeira, Portugal, 9000-042

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 €397,000 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
€397,000 £327,088 £344,632 £17,543
Property Price € €397,000
Minimum cost in the last six months £327,088
Maximum cost in the last six months £344,632
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,543

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 £17,543 more.

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