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High quality detached house with pool and vacation rental license in Son Caliu/Palmanova
Calvià / Palmanova, Mallorca, Spain
REF: 584850
€1,650,000
Description
High quality detached house with pool and vacation rental license in Son Caliu/Palmanova. The 2-story living area is divided into 276 m and 6 double bedrooms -of which 2 are separated by walk-in closets-, 3 bathrooms, a large living and dining room, a large fully equipped kitchen with dining area and 3 large terraces. The basement is covered by an underground garage with a total area of 140 m , which offers sufficient capacity for at least 4 cars. The 727 m plot surrounds the complete property built in 2002 with green areas and offers a 40 m pool, another partly covered terrace and a barbecue area. The house is equipped with double-glazed windows, central air conditioning and a rental license for 12 vacation guests. In the southwest of the Balearic Island and belonging to the municipality of Calvià, with the best restaurants and bars, schools and kindergartens, all shopping facilities and golf courses nearby, and only 100m from the sea, beach and port in Palmanova.
High quality detached house with pool and vacation rental license in Son Caliu/Palmanova. The 2-story living area is divided into 276 m and 6 double bedrooms -of which 2 are separated by walk-in closets-, 3 bathrooms, a large living and dining room, a large fully equipped kitchen with dining area and 3 large terraces. The basement is covered by an underground garage with a total area of 140 m , which offers sufficient capacity for at least 4 cars. The 727 m plot surrounds the complete property built in 2002 with green areas and offers a 40 m pool, another partly covered terrace and a barbecue area. The house is equipped with double-glazed windows, central air conditioning and a rental license for 12 vacation guests. In the southwest of the Balearic Island and belonging to the municipality of Calvià, with the best restaurants and bars, schools and kindergartens, all shopping facilities and golf courses nearby, and only 100m from the sea, beach and port in Palmanova.
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Currency Exchange
Calvià / Palmanova, 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 €1,650,000 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 |
|---|---|---|---|
| €1,650,000 | £1,372,602 | £1,420,023 | £47,421 |
| Property Price € | €1,650,000 |
| Minimum cost in the last six months | £1,372,602 |
| Maximum cost in the last six months | £1,420,023 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £47,421 |
Calvià / Palmanova, 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 €1,650,000 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 |
|---|---|---|---|
| €1,650,000 | £1,372,602 | £1,420,023 | £47,421 |
| Property Price € | €1,650,000 |
| Minimum cost in the last six months | £1,372,602 |
| Maximum cost in the last six months | £1,420,023 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £47,421 |
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 £47,421 more.
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