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This apartment is located in one of the most sought-after areas in the centre of Barcelona, Passeig Sant Joan, surrounded by restaurants, services and entertainment venues
Barcelona, Barcelona, Spain, 08010
REF: 337781
€850,000
Description
This apartment is located in one of the most sought-after areas in the centre of Barcelona, Passeig Sant Joan, surrounded by restaurants, services and entertainment venues. In addition, it is located a few metres from the Arc de Triomf and the Ciutadella Park. This 131 m apartment is to be renovated in a renovated 1920 building, with only two homes per floor. The renders reflect the appearance of the appartment once renovated, however it is sold to be renovated by its future owner. The apartment benefits from exterior access to a balcony with excellent views of Passeig Sant Joan. Likewise, its layout provides a dual aspect and therefore, abundant light enters all the rooms. It also has high, coffered ceilings and large windows with original carpentry. The apartment is being sold to renovate, however, there is a turnkey refurbishment project with one of the most renowned interior architecture firms in the city. The project would present a layout with a living-dining room with an open kitchen, a double bedroom with its private bathroom, a single bedroom, a guest bathroom and the huge master bedroom with its private bathroom. However, the layout could be modified and create 4 bedrooms instead of 3 or close the kitchen, depending on the needs of the new owner. It is an excellent opportunity to acquire an apartment to renovate to your liking and to benefit from living in a building with refurbished communal areas, such as the lift, stairs and installations, as well as offering a community area on the roof of the building. This home is perfect both for investors seeking to create a home for subsequent rental or sale, as well as for its final use, either as a primary residence or as a holiday home.
This apartment is located in one of the most sought-after areas in the centre of Barcelona, Passeig Sant Joan, surrounded by restaurants, services and entertainment venues. In addition, it is located a few metres from the Arc de Triomf and the Ciutadella Park. This 131 m apartment is to be renovated in a renovated 1920 building, with only two homes per floor. The renders reflect the appearance of the appartment once renovated, however it is sold to be renovated by its future owner. The apartment benefits from exterior access to a balcony with excellent views of Passeig Sant Joan. Likewise, its layout provides a dual aspect and therefore, abundant light enters all the rooms. It also has high, coffered ceilings and large windows with original carpentry. The apartment is being sold to renovate, however, there is a turnkey refurbishment project with one of the most renowned interior architecture firms in the city. The project would present a layout with a living-dining room with an open kitchen, a double bedroom with its private bathroom, a single bedroom, a guest bathroom and the huge master bedroom with its private bathroom. However, the layout could be modified and create 4 bedrooms instead of 3 or close the kitchen, depending on the needs of the new owner. It is an excellent opportunity to acquire an apartment to renovate to your liking and to benefit from living in a building with refurbished communal areas, such as the lift, stairs and installations, as well as offering a community area on the roof of the building. This home is perfect both for investors seeking to create a home for subsequent rental or sale, as well as for its final use, either as a primary residence or as a holiday home.
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Currency Exchange
Barcelona, Barcelona, Spain, 08010
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
Barcelona, Barcelona, Spain, 08010
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
The exchange rate on the day you make an offer on your property in Spain 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 £26,469 more.
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