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Spectacular Luxury Penthouse with Cathedral and Sea Views in a Prime Location
Palma, Spain
REF: 589025
€1,200,000
Description
This luxurious penthouse, completely renovated to the highest standards, is ready to captivate its new owners. The spacious living-dining room, highlighted by its fireplace and large windows, provides direct access to a 90m2 terrace. From this open-air oasis, you can enjoy stunning views of the cathedral and the sea, along with a spacious seating area with sun loungers and sofas, as well as a space with an office and dining table. Adjacent to the living room, a fully equipped modern kitchen with pantry completes the luxury living experience. This magnificent penthouse also offers three double bedrooms, one with en-suite bathroom and dressing room, an additional bathroom, underfloor heating in bathrooms and kitchen, air conditioning, central heating, storage room and garage. Located in the heart of the city, the property offers all the services around it and is just a few steps from the beach of Can Pere Antoni. A perfect balance between elegance, comfort and privileged location. #ref:CBPM28
This luxurious penthouse, completely renovated to the highest standards, is ready to captivate its new owners. The spacious living-dining room, highlighted by its fireplace and large windows, provides direct access to a 90m2 terrace. From this open-air oasis, you can enjoy stunning views of the cathedral and the sea, along with a spacious seating area with sun loungers and sofas, as well as a space with an office and dining table. Adjacent to the living room, a fully equipped modern kitchen with pantry completes the luxury living experience. This magnificent penthouse also offers three double bedrooms, one with en-suite bathroom and dressing room, an additional bathroom, underfloor heating in bathrooms and kitchen, air conditioning, central heating, storage room and garage. Located in the heart of the city, the property offers all the services around it and is just a few steps from the beach of Can Pere Antoni. A perfect balance between elegance, comfort and privileged location. #ref:CBPM28
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Currency Exchange
Palma, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £988,680 | £1,031,340 | £42,660 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £988,680 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,660 |
Palma, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £988,680 | £1,031,340 | £42,660 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £988,680 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,660 |
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 £42,660 more.
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