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New 3-Bedroom Apartment for Sale – Machico We present this magnificent 3-bedroom apartment, located in a new and already inhabited building, in Machico
Machico, Ilha da Madeira, Portugal
REF: 980993
€395,000
Description
New 3-Bedroom Apartment for Sale – Machico We present this magnificent 3-bedroom apartment, located in a new and already inhabited building, in Machico. With excellent sun exposure, this property stands out for its natural light in all rooms, providing a welcoming and comfortable environment throughout the day. Located in a quiet and very convenient area, the apartment is just 2 minutes from the highway, which guarantees easy access to the entire island. It is also close to several essential services, such as supermarkets, pharmacies, schools and public transport. Main features: 3 spacious bedrooms Modern and functional kitchen Bright living room 3 bathrooms Balcony with good views Parking included Building with elevator Ideal for families looking for comfort, modernity and a practical location. Don't miss this opportunity to live with quality, in one of the most pleasant areas of Madeira. For more information or to schedule a visit, get in touch! Jose Sousa iadportugal 969030674 #ref: 142655
New 3-Bedroom Apartment for Sale – Machico We present this magnificent 3-bedroom apartment, located in a new and already inhabited building, in Machico. With excellent sun exposure, this property stands out for its natural light in all rooms, providing a welcoming and comfortable environment throughout the day. Located in a quiet and very convenient area, the apartment is just 2 minutes from the highway, which guarantees easy access to the entire island. It is also close to several essential services, such as supermarkets, pharmacies, schools and public transport. Main features: 3 spacious bedrooms Modern and functional kitchen Bright living room 3 bathrooms Balcony with good views Parking included Building with elevator Ideal for families looking for comfort, modernity and a practical location. Don't miss this opportunity to live with quality, in one of the most pleasant areas of Madeira. For more information or to schedule a visit, get in touch! Jose Sousa iadportugal 969030674 #ref: 142655
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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 €395,000 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 |
|---|---|---|---|
| €395,000 | £326,053 | £345,751 | £19,699 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £326,053 |
| Maximum cost in the last six months | £345,751 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,699 |
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 €395,000 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 |
|---|---|---|---|
| €395,000 | £326,053 | £345,751 | £19,699 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £326,053 |
| Maximum cost in the last six months | £345,751 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,699 |
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 £19,699 more.
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