Luxury villa with panoramic sea views

Ribeira Brava, Ilha da Madeira, Portugal, 9360

For Sale

€3,400,000

REF: 987726 €3,400,000


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Description

Low-lying south-facing villa for sale in a prime location. Saudade is a contemporary collection of three luxurious 3 bedroom homes where owners can privately enjoy their own slice of paradise. An incredible 60% of Madeira is a unique nature reserve with UNESCO World Heritage status. With a lush subtropical feel and plenty of dramatic mountain and levada hikes, nature is everywhere and never far away.

The island has unique and abundant flowers, earning it a well-deserved reputation as a gardener's paradise. Madeira was discovered by the Portuguese in 1419 and the islands were uninhabited, despite being only 300 km from Africa. The first settlement was between 1420 and 1425, and the island was named Madeira in 1433.

Madeira, due to its exceptional subtropical temperatures all year round, was ideal for the cultivation of sugar cane and the island made a fortune in the then "white gold", which would later be replaced by the slightly more sophisticated Madeira wine industry. Today, Madeira, with its Portuguese influence and friendly people, is a growing destination for those seeking a quiet and safe escape in the sun, to call home, or to have a year-round island escape.

Madeira is an especially charming island all year round, where average temperatures range from 18 degrees in February to 27 degrees in August, making it one of the top destinations for winter sunshine. The island is served by direct European flights all year round from airports throughout the UK, Spain, France and Germany.

The cosmopolitan capital of Funchal is graced with a vast number of diverse restaurants, coffee bars and modern shopping centres, and unlike many destinations, the wide range of restaurants is open all year round, ensuring a great lifestyle. The construction of this villa began in 2020. For more information, please contact us.
Low-lying south-facing villa for sale in a prime location. Saudade is a contemporary collection of three luxurious 3 bedroom homes where owners can privately enjoy their own slice of paradise. An incredible 60% of Madeira is a unique nature reserve with UNESCO World Heritage status. With a lush subtropical feel and plenty of dramatic mountain and levada hikes, nature is everywhere and never far away.

The island has unique and abundant flowers, earning it a well-deserved reputation as a gardener's paradise. Madeira was discovered by the Portuguese in 1419 and the islands were uninhabited, despite being only 300 km from Africa. The first settlement was between 1420 and 1425, and the island was named Madeira in 1433.

Madeira, due to its exceptional subtropical temperatures all year round, was ideal for the cultivation of sugar cane and the island made a fortune in the then "white gold", which would later be replaced by the slightly more sophisticated Madeira wine industry. Today, Madeira, with its Portuguese influence and friendly people, is a growing destination for those seeking a quiet and safe escape in the sun, to call home, or to have a year-round island escape.

Madeira is an especially charming island all year round, where average temperatures range from 18 degrees in February to 27 degrees in August, making it one of the top destinations for winter sunshine. The island is served by direct European flights all year round from airports throughout the UK, Spain, France and Germany.

The cosmopolitan capital of Funchal is graced with a vast number of diverse restaurants, coffee bars and modern shopping centres, and unlike many destinations, the wide range of restaurants is open all year round, ensuring a great lifestyle. The construction of this villa began in 2020. For more information, please contact us.
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Property on Map

#1646

Currency Exchange

Ribeira Brava, Ilha da Madeira, Portugal, 9360

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 €3,400,000 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
€3,400,000 £2,806,530 £2,951,506 £144,976
Property Price € €3,400,000
Minimum cost in the last six months £2,806,530
Maximum cost in the last six months £2,951,506
Fluctuating exchange rates over the last six months could have increased the cost of this property by £144,976

Ribeira Brava, Ilha da Madeira, Portugal, 9360

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 €3,400,000 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
€3,400,000 £2,806,530 £2,951,506 £144,976
Property Price € €3,400,000
Minimum cost in the last six months £2,806,530
Maximum cost in the last six months £2,951,506
Fluctuating exchange rates over the last six months could have increased the cost of this property by £144,976

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 £144,976 more.

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