These are 2 apartments next to each other in the Wavehouse / Magaluf

Magaluf, Mallorca, Spain, 07181

For Sale

€1,860,000

REF: 566263 €1,860,000


3

3

221 m2

Description

These are 2 apartments next to each other in the Wavehouse / Magaluf. The larger corner apartment has 2 bedrooms, a very nice and large open plan living/dining area with kitchen and a 15m2 terrace with direct views of the beach and the sea. There is even a sauna in one of the bedrooms. The neighboring apartment next door is included in the price and consists of a bedroom, bathroom, kitchen, living room and terrace of 8m2. The apartments are south facing and equipped with air conditioning.

An underground parking space in the building is also included in the purchase price. Anyone who owns a property in the Wavehouse also gets certain discounts at the restaurant, the bar and the famous surfing machine, which is set up in the Wavehouse, as well as the various pool areas. There is a private exit to the large beach of Magaluf. All amenities are within walking distance, ranging from restaurants, bars, all kinds of shops, gym, paddle court, soccer field, mini golf and attractions like Katmandu House. Public bus service very close by.
These are 2 apartments next to each other in the Wavehouse / Magaluf. The larger corner apartment has 2 bedrooms, a very nice and large open plan living/dining area with kitchen and a 15m2 terrace with direct views of the beach and the sea. There is even a sauna in one of the bedrooms. The neighboring apartment next door is included in the price and consists of a bedroom, bathroom, kitchen, living room and terrace of 8m2. The apartments are south facing and equipped with air conditioning.

An underground parking space in the building is also included in the purchase price. Anyone who owns a property in the Wavehouse also gets certain discounts at the restaurant, the bar and the famous surfing machine, which is set up in the Wavehouse, as well as the various pool areas. There is a private exit to the large beach of Magaluf. All amenities are within walking distance, ranging from restaurants, bars, all kinds of shops, gym, paddle court, soccer field, mini golf and attractions like Katmandu House. Public bus service very close by.
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Property on Map

#IP2-7812

Currency Exchange

Magaluf, Mallorca, Spain, 07181

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 €1,860,000 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
€1,860,000 £1,540,657 £1,598,577 £57,920
Property Price € €1,860,000
Minimum cost in the last six months £1,540,657
Maximum cost in the last six months £1,598,577
Fluctuating exchange rates over the last six months could have increased the cost of this property by £57,920

Magaluf, Mallorca, Spain, 07181

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 €1,860,000 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
€1,860,000 £1,540,657 £1,598,577 £57,920
Property Price € €1,860,000
Minimum cost in the last six months £1,540,657
Maximum cost in the last six months £1,598,577
Fluctuating exchange rates over the last six months could have increased the cost of this property by £57,920

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 £57,920 more.

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