Charming Bungalow in the Heart of Lido

Funchal, Ilha da Madeira, Portugal, 9000-088

For Sale

€595,000

REF: 995522 €595,000


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Description

Charming Bungalow in the Heart of Lido Ideal Holiday or Family Retreat Discover this delightful single-storey bungalow nestled in the sought-after Lido area of Funchal, just a short stroll from vibrant restaurants, shops, and the seafront promenade. Built in 2007 and maintained in excellent condition, this 3-bedroom home offers the perfect blend of comfort, convenience, and relaxed island living. Key Features: Spacious open-plan living and dining area, filled with natural light Fully equipped modern kitchen ideal for hosting and family meals Three generous bedrooms, including a master suite with en-suite bathroom Open garage for easy access and parking Inviting barbecue area perfect for entertaining Wheelchair accessible thoughtfully designed for all generations Whether you're looking for a tranquil holiday escape or a practical family residence, this bungalow delivers both lifestyle and location. Prime location in Lido walk to cafes, supermarkets, and the city. 🗓️ Viewings now available contact us to book your private tour!
Charming Bungalow in the Heart of Lido Ideal Holiday or Family Retreat Discover this delightful single-storey bungalow nestled in the sought-after Lido area of Funchal, just a short stroll from vibrant restaurants, shops, and the seafront promenade. Built in 2007 and maintained in excellent condition, this 3-bedroom home offers the perfect blend of comfort, convenience, and relaxed island living. Key Features: Spacious open-plan living and dining area, filled with natural light Fully equipped modern kitchen ideal for hosting and family meals Three generous bedrooms, including a master suite with en-suite bathroom Open garage for easy access and parking Inviting barbecue area perfect for entertaining Wheelchair accessible thoughtfully designed for all generations Whether you're looking for a tranquil holiday escape or a practical family residence, this bungalow delivers both lifestyle and location. Prime location in Lido walk to cafes, supermarkets, and the city. 🗓️ Viewings now available contact us to book your private tour!
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Property on Map

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Currency Exchange

Funchal, Ilha da Madeira, Portugal, 9000-088

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 €595,000 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
€595,000 £491,143 £516,514 £25,371
Property Price € €595,000
Minimum cost in the last six months £491,143
Maximum cost in the last six months £516,514
Fluctuating exchange rates over the last six months could have increased the cost of this property by £25,371

Funchal, Ilha da Madeira, Portugal, 9000-088

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 €595,000 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
€595,000 £491,143 £516,514 £25,371
Property Price € €595,000
Minimum cost in the last six months £491,143
Maximum cost in the last six months £516,514
Fluctuating exchange rates over the last six months could have increased the cost of this property by £25,371

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 £25,371 more.

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