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Land with 960m2 - Florenças, Calheta
Calheta, Ilha da Madeira, Portugal, 9370-021
REF: 984828
€115,000
Description
Discover your ideal refuge in this magnificent plot of land located in the city of Calheta. With an area of 960 square meters, this property offers a unique opportunity to build 300m2, the home of your dreams, in a dispersed building area. The land awaits a visionary owner to transform it into a true paradise. With endless possibilities and a privileged location, this plot is the ideal setting to create your perfect getaway. Don't miss this opportunity and come explore this fabulous land in Calheta.
Discover your ideal refuge in this magnificent plot of land located in the city of Calheta. With an area of 960 square meters, this property offers a unique opportunity to build 300m2, the home of your dreams, in a dispersed building area. The land awaits a visionary owner to transform it into a true paradise. With endless possibilities and a privileged location, this plot is the ideal setting to create your perfect getaway. Don't miss this opportunity and come explore this fabulous land in Calheta.
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Currency Exchange
Calheta, Ilha da Madeira, Portugal, 9370-021
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 €115,000 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 |
|---|---|---|---|
| €115,000 | £94,927 | £99,830 | £4,904 |
| Property Price € | €115,000 |
| Minimum cost in the last six months | £94,927 |
| Maximum cost in the last six months | £99,830 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,904 |
Calheta, Ilha da Madeira, Portugal, 9370-021
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 €115,000 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 |
|---|---|---|---|
| €115,000 | £94,927 | £99,830 | £4,904 |
| Property Price € | €115,000 |
| Minimum cost in the last six months | £94,927 |
| Maximum cost in the last six months | £99,830 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,904 |
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 £4,904 more.
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