Traditional Madeiran House for Renovation Prazeres, Calheta

Calheta, Ilha da Madeira, Portugal, 9370-606

For Sale

€195,000

REF: 999759 €195,000


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Description

Discover this authentic Madeiran-style house, located in the charming and picturesque center of the parish of Prazeres, in the municipality of Calheta. With a privileged location and unobstructed views over the village and the Atlantic Ocean, this property offers immense potential for those looking for a renovation project full of character and history. This is a traditional construction from 1941, currently in a ruined state and in need of complete rehabilitation ideal for anyone wishing to transform an authentic space into a personalized retreat or a charming tourism investment. The property includes: Total plot area: 892 m Gross building area: approx.

206 m Usable area: 166 m Rooms: 8 Sun exposure: South and East Detached house with 2 floors Outdoor space with terrace and excellent sun exposure This is an excellent opportunity to: Create your main residence with true Madeiran roots; Develop a tourism accommodation (holiday home, rural guesthouse); Restore the architectural heritage of the region. In addition to the charm of the property itself, the surrounding area offers peace, privacy, and a close connection with nature.

Nearby, you'll find Largo Prof. Dr. Carlos Mota Pinto, ideal for outdoor leisure moments, and the Quinta Pedagógica dos Prazeres, featuring a petting zoo and educational activities. The local gastronomy and natural beauty make this parish an increasingly sought-after destination. Don t miss this unique opportunity to own a piece of Madeiran authenticity and bring new life to a home with soul. For more information or to schedule a visit, feel free to contact us.
Discover this authentic Madeiran-style house, located in the charming and picturesque center of the parish of Prazeres, in the municipality of Calheta. With a privileged location and unobstructed views over the village and the Atlantic Ocean, this property offers immense potential for those looking for a renovation project full of character and history. This is a traditional construction from 1941, currently in a ruined state and in need of complete rehabilitation ideal for anyone wishing to transform an authentic space into a personalized retreat or a charming tourism investment. The property includes: Total plot area: 892 m Gross building area: approx.

206 m Usable area: 166 m Rooms: 8 Sun exposure: South and East Detached house with 2 floors Outdoor space with terrace and excellent sun exposure This is an excellent opportunity to: Create your main residence with true Madeiran roots; Develop a tourism accommodation (holiday home, rural guesthouse); Restore the architectural heritage of the region. In addition to the charm of the property itself, the surrounding area offers peace, privacy, and a close connection with nature.

Nearby, you'll find Largo Prof. Dr. Carlos Mota Pinto, ideal for outdoor leisure moments, and the Quinta Pedagógica dos Prazeres, featuring a petting zoo and educational activities. The local gastronomy and natural beauty make this parish an increasingly sought-after destination. Don t miss this unique opportunity to own a piece of Madeiran authenticity and bring new life to a home with soul. For more information or to schedule a visit, feel free to contact us.
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Property on Map

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Currency Exchange

Calheta, Ilha da Madeira, Portugal, 9370-606

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 €195,000 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
€195,000 £160,963 £170,687 £9,725
Property Price € €195,000
Minimum cost in the last six months £160,963
Maximum cost in the last six months £170,687
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,725

Calheta, Ilha da Madeira, Portugal, 9370-606

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 €195,000 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
€195,000 £160,963 £170,687 £9,725
Property Price € €195,000
Minimum cost in the last six months £160,963
Maximum cost in the last six months £170,687
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,725

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 £9,725 more.

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