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In Palm Beach area facing the sea this exclusive penthouse is located in a luxurious residence comprising only five apartments
CANNES, French Riviera, France, 06400
REF: 566730
€13,780,000
Description
In Palm Beach area facing the sea this exclusive penthouse is located in a luxurious residence comprising only five apartments. Enjoying a 180 degree sea view, it has a living surface of 500 m2 with 200 m2 of terraces, equipped with a private pool. It is spread over three levels connected by an elevator and a private internal staircase composed as follows: - 2nd floor: 2 suites, living room, kitchen, terraces; - 3rd floor: 3 suites including the master, laundry room, terraces; - 4th floor: living-reception, kitchen, office, large terrace with heated pool and swim against the current; - 5th floor: Solarium; - Basement: 6 parking spaces For further details we await your contact.
In Palm Beach area facing the sea this exclusive penthouse is located in a luxurious residence comprising only five apartments. Enjoying a 180 degree sea view, it has a living surface of 500 m2 with 200 m2 of terraces, equipped with a private pool. It is spread over three levels connected by an elevator and a private internal staircase composed as follows: - 2nd floor: 2 suites, living room, kitchen, terraces; - 3rd floor: 3 suites including the master, laundry room, terraces; - 4th floor: living-reception, kitchen, office, large terrace with heated pool and swim against the current; - 5th floor: Solarium; - Basement: 6 parking spaces For further details we await your contact.
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Currency Exchange
CANNES, French Riviera, France, 06400
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in France do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in France 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 €13,780,000 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 |
|---|---|---|---|
| €13,780,000 | £11,462,204 | £11,859,344 | £397,140 |
| Property Price € | €13,780,000 |
| Minimum cost in the last six months | £11,462,204 |
| Maximum cost in the last six months | £11,859,344 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £397,140 |
CANNES, French Riviera, France, 06400
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in France do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in France 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 €13,780,000 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 |
|---|---|---|---|
| €13,780,000 | £11,462,204 | £11,859,344 | £397,140 |
| Property Price € | €13,780,000 |
| Minimum cost in the last six months | £11,462,204 |
| Maximum cost in the last six months | £11,859,344 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £397,140 |
The exchange rate on the day you make an offer on your property in France 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 £397,140 more.
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