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Newly built duplex apartment for first occupancy in Santa Margalida
Santa Margalida, Mallorca, Spain
REF: 584846
€376,000
Description
Newly built duplex apartment for first occupancy in Santa Margalida. The property is located on the 1st floor of an apartment building with elevator completed in 2021 and the built area of 169 m is divided into a partially equipped kitchen, a living and dining room with spiral staircase, a guest toilet and a small courtyard on the second floor, and 4 bedrooms and 3 bathrooms -of which 2 are en suite- on the 2nd floor. The apartment is equipped with a communal roof terrace, double-glazed windows, laminate flooring and air conditioning pre-installations. Car parking spaces are available in the on-site garage for an additional fee. Located in Santa Margalida, inland Mallorca and close to the northeast coast of Mallorca with Can Picafort and Son Serra de Marina, 50 km from Palma and 20 km from Alcudia, and with all shopping facilities, schools and kindergartens, bars and restaurants.
Newly built duplex apartment for first occupancy in Santa Margalida. The property is located on the 1st floor of an apartment building with elevator completed in 2021 and the built area of 169 m is divided into a partially equipped kitchen, a living and dining room with spiral staircase, a guest toilet and a small courtyard on the second floor, and 4 bedrooms and 3 bathrooms -of which 2 are en suite- on the 2nd floor. The apartment is equipped with a communal roof terrace, double-glazed windows, laminate flooring and air conditioning pre-installations. Car parking spaces are available in the on-site garage for an additional fee. Located in Santa Margalida, inland Mallorca and close to the northeast coast of Mallorca with Can Picafort and Son Serra de Marina, 50 km from Palma and 20 km from Alcudia, and with all shopping facilities, schools and kindergartens, bars and restaurants.
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Currency Exchange
Santa Margalida, 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 €376,000 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 |
|---|---|---|---|
| €376,000 | £311,445 | £323,153 | £11,709 |
| Property Price € | €376,000 |
| Minimum cost in the last six months | £311,445 |
| Maximum cost in the last six months | £323,153 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,709 |
Santa Margalida, 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 €376,000 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 |
|---|---|---|---|
| €376,000 | £311,445 | £323,153 | £11,709 |
| Property Price € | €376,000 |
| Minimum cost in the last six months | £311,445 |
| Maximum cost in the last six months | £323,153 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,709 |
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 £11,709 more.
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