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Detached Bungalow in Rabat | West
Rabat, Malta
REF: 874162
€1,600,000
Description
An amazing property is up for sale surrounded by nature, peace and quiet. No cranes just the noise of birds and beautiful fields. This property has an outdoor area of approximately 1800 sqm. It has an Unconverted 3 bedroom property which can be renovated or rebuilt to have all the modern comforts that one desires.The current house has 3 bedrooms, Kitchen, Living and Dining room. There are also natural caves which can be ideal to use as a spa / indoor pool.If you are looking for privacy and a place you can relax than this is the property for you. For further information about this wonderful place contact one of the Sales Agents at Sara Grech.
An amazing property is up for sale surrounded by nature, peace and quiet. No cranes just the noise of birds and beautiful fields. This property has an outdoor area of approximately 1800 sqm. It has an Unconverted 3 bedroom property which can be renovated or rebuilt to have all the modern comforts that one desires.The current house has 3 bedrooms, Kitchen, Living and Dining room. There are also natural caves which can be ideal to use as a spa / indoor pool.If you are looking for privacy and a place you can relax than this is the property for you. For further information about this wonderful place contact one of the Sales Agents at Sara Grech.
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Currency Exchange
Rabat, Malta
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Malta do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Malta 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 €1,600,000 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 |
|---|---|---|---|
| €1,600,000 | £1,318,240 | £1,388,944 | £70,704 |
| Property Price € | €1,600,000 |
| Minimum cost in the last six months | £1,318,240 |
| Maximum cost in the last six months | £1,388,944 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £70,704 |
Rabat, Malta
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Malta do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Malta 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 €1,600,000 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 |
|---|---|---|---|
| €1,600,000 | £1,318,240 | £1,388,944 | £70,704 |
| Property Price € | €1,600,000 |
| Minimum cost in the last six months | £1,318,240 |
| Maximum cost in the last six months | £1,388,944 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £70,704 |
The exchange rate on the day you make an offer on your property in Malta 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 £70,704 more.
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