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This 18,000 m building plot with a buildable area of 380 m is located just a few kilometres from the well-known "Hilton" and "Son Anthem" hotels in an excellent, quiet location and not far from the Maioris golf club
llucmajor, Mallorca, Spain
REF: 608276
€330,000
Description
This 18,000 m building plot with a buildable area of 380 m is located just a few kilometres from the well-known "Hilton" and "Son Anthem" hotels in an excellent, quiet location and not far from the Maioris golf club. A project is being visualised for a modern new-build finca with 4 bedrooms and 3 bathrooms on one floor. The finca will offer unobstructed views of the surrounding countryside and the Tramuntana mountains. The property is located directly on an asphalted road in a cul-de-sac, without any traffic noise, and is only 3 minutes from the centre of Llucmajor with all year-round amenities (restaurants, all shopping facilities, historic town centre with large plaza and lots of charm) and also excellently located in terms of macro location (12 minutes from Playa de Palma, 15-20 minutes from the airport and just under 30 minutes from the centre of Palma). In addition, Llucmajor is probably one of the most popular locations for foreign property buyers looking for traditional country houses, with a very strong demand and relatively little high-quality and, above all, legal supply. Building licence was submitted in April 2023. Basura: 250 per year
This 18,000 m building plot with a buildable area of 380 m is located just a few kilometres from the well-known "Hilton" and "Son Anthem" hotels in an excellent, quiet location and not far from the Maioris golf club. A project is being visualised for a modern new-build finca with 4 bedrooms and 3 bathrooms on one floor. The finca will offer unobstructed views of the surrounding countryside and the Tramuntana mountains. The property is located directly on an asphalted road in a cul-de-sac, without any traffic noise, and is only 3 minutes from the centre of Llucmajor with all year-round amenities (restaurants, all shopping facilities, historic town centre with large plaza and lots of charm) and also excellently located in terms of macro location (12 minutes from Playa de Palma, 15-20 minutes from the airport and just under 30 minutes from the centre of Palma). In addition, Llucmajor is probably one of the most popular locations for foreign property buyers looking for traditional country houses, with a very strong demand and relatively little high-quality and, above all, legal supply. Building licence was submitted in April 2023. Basura: 250 per year
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Currency Exchange
llucmajor, 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 €330,000 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 |
|---|---|---|---|
| €330,000 | £273,342 | £283,619 | £10,276 |
| Property Price € | €330,000 |
| Minimum cost in the last six months | £273,342 |
| Maximum cost in the last six months | £283,619 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,276 |
llucmajor, 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 €330,000 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 |
|---|---|---|---|
| €330,000 | £273,342 | £283,619 | £10,276 |
| Property Price € | €330,000 |
| Minimum cost in the last six months | £273,342 |
| Maximum cost in the last six months | £283,619 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,276 |
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 £10,276 more.
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