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LARGE HOUSE IN PALMANOVA WITH GRANNY ANNEXE Large detached house for sale in the southwest of Majorca, in the village of Palmanova in central location, with all shopping facilities, schools and kindergartens, restaurants as well as several sandy beaches and bays in the direct vicinity
calvia, Mallorca, Spain
REF: 584808
€1,325,000
Description
LARGE HOUSE IN PALMANOVA WITH GRANNY ANNEXE Large detached house for sale in the southwest of Majorca, in the village of Palmanova in central location, with all shopping facilities, schools and kindergartens, restaurants as well as several sandy beaches and bays in the direct vicinity. The sandy beach of Palmanova is only about 200 metres away from the property. The detached house, built in 1961, is situated on a plot of 970 m and is distributed on a built-up area of 394 m on two floors as follows: Ground floor with granny flat which has 3 bedrooms, 2 bathrooms and a large living/dining area with fireplace. Furthermore, the granny annexe has an independent entrance. Upstairs is the living area of the house, with a total of 6 double bedrooms, 4 bathrooms, a spacious living/dining area and a fully equipped kitchen. Another guest flat with an area of about 50 m , 1 bedroom and a bathroom is also located on the ground floor. Outside there is a garden with spacious green areas. All electricity and water pipes were completely renewed in 2016. Further features of the property include: -covered terrace areas, -air conditioning cold/warm, -Carport for 2 vehicles, -automatic irrigation system Purchase price: 1.325.000 Euro www.sae-mallorca.com
LARGE HOUSE IN PALMANOVA WITH GRANNY ANNEXE Large detached house for sale in the southwest of Majorca, in the village of Palmanova in central location, with all shopping facilities, schools and kindergartens, restaurants as well as several sandy beaches and bays in the direct vicinity. The sandy beach of Palmanova is only about 200 metres away from the property. The detached house, built in 1961, is situated on a plot of 970 m and is distributed on a built-up area of 394 m on two floors as follows: Ground floor with granny flat which has 3 bedrooms, 2 bathrooms and a large living/dining area with fireplace. Furthermore, the granny annexe has an independent entrance. Upstairs is the living area of the house, with a total of 6 double bedrooms, 4 bathrooms, a spacious living/dining area and a fully equipped kitchen. Another guest flat with an area of about 50 m , 1 bedroom and a bathroom is also located on the ground floor. Outside there is a garden with spacious green areas. All electricity and water pipes were completely renewed in 2016. Further features of the property include: -covered terrace areas, -air conditioning cold/warm, -Carport for 2 vehicles, -automatic irrigation system Purchase price: 1.325.000 Euro www.sae-mallorca.com
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Currency Exchange
calvia, 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 €1,325,000 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 |
|---|---|---|---|
| €1,325,000 | £1,097,511 | £1,138,771 | £41,261 |
| Property Price € | €1,325,000 |
| Minimum cost in the last six months | £1,097,511 |
| Maximum cost in the last six months | £1,138,771 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £41,261 |
calvia, 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 €1,325,000 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 |
|---|---|---|---|
| €1,325,000 | £1,097,511 | £1,138,771 | £41,261 |
| Property Price € | €1,325,000 |
| Minimum cost in the last six months | £1,097,511 |
| Maximum cost in the last six months | £1,138,771 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £41,261 |
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 £41,261 more.
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