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In a lovely quiet setting amidst the trees, large villa of 267 m2 nestled on a large plot of 4416 m2 with a small sea view
CANNES, French Riviera, France, 06400
REF: 843625
€1,190,000
Description
In a lovely quiet setting amidst the trees, large villa of 267 m2 nestled on a large plot of 4416 m2 with a small sea view. The property was constructed in 1963 and extended in 1972 and currently comprises on the ground level an entry hall with visitor toilet, a large living room/dining room with open kitchen with bar, an office with separate entrance, master bedroom with bathroom and access to the double garage. On the upper level is another vast living room with fireplace opening to various terraces, a bedroom with water point opening to terraces. On the lower level is another bedroom with bathroom, a wine cellar, boiler room, cellar and a large covered patio. Large garden with a 10x5m swimming pool, perfect for cooling off in the hot summer sun. The property offers vast potential for additional construction, or to split off part of the terrain.
In a lovely quiet setting amidst the trees, large villa of 267 m2 nestled on a large plot of 4416 m2 with a small sea view. The property was constructed in 1963 and extended in 1972 and currently comprises on the ground level an entry hall with visitor toilet, a large living room/dining room with open kitchen with bar, an office with separate entrance, master bedroom with bathroom and access to the double garage. On the upper level is another vast living room with fireplace opening to various terraces, a bedroom with water point opening to terraces. On the lower level is another bedroom with bathroom, a wine cellar, boiler room, cellar and a large covered patio. Large garden with a 10x5m swimming pool, perfect for cooling off in the hot summer sun. The property offers vast potential for additional construction, or to split off part of the terrain.
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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 €1,190,000 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 |
|---|---|---|---|
| €1,190,000 | £980,441 | £1,022,746 | £42,305 |
| Property Price € | €1,190,000 |
| Minimum cost in the last six months | £980,441 |
| Maximum cost in the last six months | £1,022,746 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,305 |
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 €1,190,000 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 |
|---|---|---|---|
| €1,190,000 | £980,441 | £1,022,746 | £42,305 |
| Property Price € | €1,190,000 |
| Minimum cost in the last six months | £980,441 |
| Maximum cost in the last six months | £1,022,746 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,305 |
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 £42,305 more.
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