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Imperial Properties proposes you this old 17th century mansion in Palma de Mallorca
Palma, Mallorca, Spain, 07010
REF: 367424
€9,700,000
Description
Imperial Properties proposes you this old 17th century mansion in Palma de Mallorca. With a constructed area of 1700m2 and a plot of more than 5000 m2, this property includes a main building and an annex The main building is what is called in Mallorca a possessió with a 270m2 ground floor, a 370m2 first floor and a second 370m2 floor and a tower at the third floor level of 30m2. This palace, completely renovated, is cataloged for its historical and architectural importance and is surrounded by a magnificent patio (clastra) which is a typical element of Majorcan possessiós.
The annex building has its entire ground floor area of 270m2.
Included in the property are two restaurants, a bar, a kitchen and offices and large spaces ideal for events plus three other dependencies or commercial premises. The whole complex has its accesses adapted for the disabled. With large terraces and a magnificent wooded promenade equipped with electrical outlets, drinking water and wastewater outlets, up to 18 tents, booths or food trucks can be installed. Thanks to these facilities, it is the perfect place to hold markets, fairs, etc.
The constructive qualities are excellent and the building has air conditioning, two elevators, kitchen equipment, bar and restaurants, alarm and anti-fire system, etc. All permits and administrative authorizations are in force, which allows it to start operating immediately. Located in a booming area with many access and parking facilities, this property is a unique opportunity to develop a gastronomic activity combined with an events center in Palma. Do not hesitate to contact us at +34971692434 if you need information or if you want to visit this property.
Imperial Properties proposes you this old 17th century mansion in Palma de Mallorca. With a constructed area of 1700m2 and a plot of more than 5000 m2, this property includes a main building and an annex The main building is what is called in Mallorca a possessió with a 270m2 ground floor, a 370m2 first floor and a second 370m2 floor and a tower at the third floor level of 30m2. This palace, completely renovated, is cataloged for its historical and architectural importance and is surrounded by a magnificent patio (clastra) which is a typical element of Majorcan possessiós.
The annex building has its entire ground floor area of 270m2.
Included in the property are two restaurants, a bar, a kitchen and offices and large spaces ideal for events plus three other dependencies or commercial premises. The whole complex has its accesses adapted for the disabled. With large terraces and a magnificent wooded promenade equipped with electrical outlets, drinking water and wastewater outlets, up to 18 tents, booths or food trucks can be installed. Thanks to these facilities, it is the perfect place to hold markets, fairs, etc.
The constructive qualities are excellent and the building has air conditioning, two elevators, kitchen equipment, bar and restaurants, alarm and anti-fire system, etc. All permits and administrative authorizations are in force, which allows it to start operating immediately. Located in a booming area with many access and parking facilities, this property is a unique opportunity to develop a gastronomic activity combined with an events center in Palma. Do not hesitate to contact us at +34971692434 if you need information or if you want to visit this property.
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Currency Exchange
Palma, Mallorca, Spain, 07010
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 €9,700,000 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 |
|---|---|---|---|
| €9,700,000 | £8,034,607 | £8,336,665 | £302,058 |
| Property Price € | €9,700,000 |
| Minimum cost in the last six months | £8,034,607 |
| Maximum cost in the last six months | £8,336,665 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £302,058 |
Palma, Mallorca, Spain, 07010
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 €9,700,000 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 |
|---|---|---|---|
| €9,700,000 | £8,034,607 | £8,336,665 | £302,058 |
| Property Price € | €9,700,000 |
| Minimum cost in the last six months | £8,034,607 |
| Maximum cost in the last six months | £8,336,665 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £302,058 |
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 £302,058 more.
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