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Plot with a Project and Building License in Mah n, Menorca
Mah n, Spain
REF: 589525
€290,000
Description
Would you like to develop a small block of properties that isn't going to entail a huge building project that gets out of hand? Take a look at this plot, it has a lot of potential! Located on a corner with one of the facades overlooking a pedestrian street in an area now being completely remodelled, this plot has the potential to be either residential or commercial, with a brand-new car park and the new Maria Luisa Serra primary school all close by in a rapidly-growing neighbourhood of Mah n. The Project and Building License is for a ground-floor commercial property and 4 duplex apartments on the upper floors. The properties' measurements range from 50 m2 to 131 m2 with 1, 3 and 4 bedrooms. There are also parking spaces and storage for each apartment in the basement. Would you like to know more about this plot? Please call us and we can give you any information you require, this is a great opportunity! #ref:V2491
Would you like to develop a small block of properties that isn't going to entail a huge building project that gets out of hand? Take a look at this plot, it has a lot of potential! Located on a corner with one of the facades overlooking a pedestrian street in an area now being completely remodelled, this plot has the potential to be either residential or commercial, with a brand-new car park and the new Maria Luisa Serra primary school all close by in a rapidly-growing neighbourhood of Mah n. The Project and Building License is for a ground-floor commercial property and 4 duplex apartments on the upper floors. The properties' measurements range from 50 m2 to 131 m2 with 1, 3 and 4 bedrooms. There are also parking spaces and storage for each apartment in the basement. Would you like to know more about this plot? Please call us and we can give you any information you require, this is a great opportunity! #ref:V2491
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Property on Map
Currency Exchange
Mah n, 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 €290,000 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 |
|---|---|---|---|
| €290,000 | £240,210 | £249,241 | £9,031 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £240,210 |
| Maximum cost in the last six months | £249,241 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,031 |
Mah n, 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 €290,000 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 |
|---|---|---|---|
| €290,000 | £240,210 | £249,241 | £9,031 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £240,210 |
| Maximum cost in the last six months | £249,241 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,031 |
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 £9,031 more.
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