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In sale are 50 building plots with a total area of 41
Cala Pi, Mallorca, Spain
REF: 651392
€5,500,000
Description
In sale are 50 building plots with a total area of 41.000m located in Es Pas de Vallgornera and belonging to the municipality of Llucmajor, just 5 minutes from S'Estañol and Cala Pi, in a development close to the first sea line, where several stars of the sport have their summer residence. Several beaches can be reached in 5 minutes and it takes about 10 minutes to reach the fantastic beach of Es Trenc. All plots have partial sea view because the building land has slope. Optionally, individual blocks of flats can be purchased, prices on request. The plots are according to the plans in the appendix the following: Block A plots 348 to 363 (16 plots) Residential block B plots 331 to 347 + 342a (18 plots) Residential block C plots 279 to 283 + 296 to 299 (9 plots) Group of lots 319 to 322 + 329 + 330 (6 lots) Plot 270 Each plot has an area between 800m and 1.000 m and according to the land law one single-family house is allowed per plot with a use of 25% and unwindable perimeter of 1,3 m /m may be built. Partitions: Front/Facade: 4 m Floor and sides: 3 m Max. Height: 7.5 m (first floor and 1st floor)
In sale are 50 building plots with a total area of 41.000m located in Es Pas de Vallgornera and belonging to the municipality of Llucmajor, just 5 minutes from S'Estañol and Cala Pi, in a development close to the first sea line, where several stars of the sport have their summer residence. Several beaches can be reached in 5 minutes and it takes about 10 minutes to reach the fantastic beach of Es Trenc. All plots have partial sea view because the building land has slope. Optionally, individual blocks of flats can be purchased, prices on request. The plots are according to the plans in the appendix the following: Block A plots 348 to 363 (16 plots) Residential block B plots 331 to 347 + 342a (18 plots) Residential block C plots 279 to 283 + 296 to 299 (9 plots) Group of lots 319 to 322 + 329 + 330 (6 lots) Plot 270 Each plot has an area between 800m and 1.000 m and according to the land law one single-family house is allowed per plot with a use of 25% and unwindable perimeter of 1,3 m /m may be built. Partitions: Front/Facade: 4 m Floor and sides: 3 m Max. Height: 7.5 m (first floor and 1st floor)
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Currency Exchange
Cala Pi, 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 €5,500,000 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 |
|---|---|---|---|
| €5,500,000 | £4,575,340 | £4,733,410 | £158,070 |
| Property Price € | €5,500,000 |
| Minimum cost in the last six months | £4,575,340 |
| Maximum cost in the last six months | £4,733,410 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £158,070 |
Cala Pi, 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 €5,500,000 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 |
|---|---|---|---|
| €5,500,000 | £4,575,340 | £4,733,410 | £158,070 |
| Property Price € | €5,500,000 |
| Minimum cost in the last six months | £4,575,340 |
| Maximum cost in the last six months | £4,733,410 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £158,070 |
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 £158,070 more.
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