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The plot is already equipped with 350 olive trees, about 1000m2 of vines and a functioning irrigation system and guarantees an unobstructable, idyllic panoramic view of the Tramuntana mountains and the nature of Mallorca
Montuïri, Mallorca, Spain
REF: 641802
€495,000
Description
The plot is already equipped with 350 olive trees, about 1000m2 of vines and a functioning irrigation system and guarantees an unobstructable, idyllic panoramic view of the Tramuntana mountains and the nature of Mallorca. In addition, there is already an approved building project, in which a finca with swimming pool and living space of 255m2 was approved. The visualised house will have 4 spacious bedrooms with their own dressing room. It will contain a total of 3 bathrooms, one of which will be en suite. Furthermore, the areas will be completed by a 100m2 living/dining area and an open kitchen plus a garage with 2 parking spaces. The outdoor area offers maximum holiday-relaxation comfort with a 64m2 terrace and swimming pool. The project can be adapted based on your personal needs/wishes. 350 olive trees, vines Irrigation system -approved building project
The plot is already equipped with 350 olive trees, about 1000m2 of vines and a functioning irrigation system and guarantees an unobstructable, idyllic panoramic view of the Tramuntana mountains and the nature of Mallorca. In addition, there is already an approved building project, in which a finca with swimming pool and living space of 255m2 was approved. The visualised house will have 4 spacious bedrooms with their own dressing room. It will contain a total of 3 bathrooms, one of which will be en suite. Furthermore, the areas will be completed by a 100m2 living/dining area and an open kitchen plus a garage with 2 parking spaces. The outdoor area offers maximum holiday-relaxation comfort with a 64m2 terrace and swimming pool. The project can be adapted based on your personal needs/wishes. 350 olive trees, vines Irrigation system -approved building project
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Currency Exchange
Montuïri, 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 €495,000 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 |
|---|---|---|---|
| €495,000 | £410,013 | £425,428 | £15,414 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £410,013 |
| Maximum cost in the last six months | £425,428 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,414 |
Montuïri, 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 €495,000 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 |
|---|---|---|---|
| €495,000 | £410,013 | £425,428 | £15,414 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £410,013 |
| Maximum cost in the last six months | £425,428 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,414 |
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 £15,414 more.
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