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Beautiful high quality detached house in the tranquil and extremely quiet and safe residential area of Las Palmeras
Ses Palmeres, Mallorca, Spain
REF: 584773
€785,000
Description
Beautiful high quality detached house in the tranquil and extremely quiet and safe residential area of Las Palmeras. We move on a plot area of 700m and a usable area - including an underground garage which offers enough space for 5 cars - of 570m . The house is distributed in 5 bedrooms, a large living and dining room with fireplace, a high quality kitchen with all electrical appliances, 3 bathrooms and 3 terraces. In the fenced entrance area is a large 28m pool. The renovated house convinces with the best quality building materials, new double-glazed plastic windows, a new central heating system powered by fuel oil and new air conditioning units in all rooms. In the tranquil and extremely quiet and safe residential area Las Palmeras, belonging to the municipality of Llucmajor, in the immediate vicinity of the most beautiful bathing bays of Mallorca, with an excellent infrastructure, all shopping facilities, doctors, schools, kindergartens and golf courses in the immediate vicinity. The island metropolis Palma can be reached in about 20 minutes by car, the airport in about 15, and Playa de Palma and Arenal can be reached in about 10 minutes. Currently the property is in rented condition, the monthly cold rent is currently 2.550 , and for capital investors there is the possibility to continue the existing tenancy.
Beautiful high quality detached house in the tranquil and extremely quiet and safe residential area of Las Palmeras. We move on a plot area of 700m and a usable area - including an underground garage which offers enough space for 5 cars - of 570m . The house is distributed in 5 bedrooms, a large living and dining room with fireplace, a high quality kitchen with all electrical appliances, 3 bathrooms and 3 terraces. In the fenced entrance area is a large 28m pool. The renovated house convinces with the best quality building materials, new double-glazed plastic windows, a new central heating system powered by fuel oil and new air conditioning units in all rooms. In the tranquil and extremely quiet and safe residential area Las Palmeras, belonging to the municipality of Llucmajor, in the immediate vicinity of the most beautiful bathing bays of Mallorca, with an excellent infrastructure, all shopping facilities, doctors, schools, kindergartens and golf courses in the immediate vicinity. The island metropolis Palma can be reached in about 20 minutes by car, the airport in about 15, and Playa de Palma and Arenal can be reached in about 10 minutes. Currently the property is in rented condition, the monthly cold rent is currently 2.550 , and for capital investors there is the possibility to continue the existing tenancy.
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Currency Exchange
Ses Palmeres, Mallorca, Spain
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 €785,000 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 |
|---|---|---|---|
| €785,000 | £650,223 | £674,668 | £24,445 |
| Property Price € | €785,000 |
| Minimum cost in the last six months | £650,223 |
| Maximum cost in the last six months | £674,668 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,445 |
Ses Palmeres, Mallorca, Spain
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 €785,000 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 |
|---|---|---|---|
| €785,000 | £650,223 | £674,668 | £24,445 |
| Property Price € | €785,000 |
| Minimum cost in the last six months | £650,223 |
| Maximum cost in the last six months | £674,668 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,445 |
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 £24,445 more.
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