A unique opportunity for a 5 storey entire building/townhouse in the picturesque center of Montuiri very close to the beautiful Cathedral

Montuïri, Mallorca, Spain, 07230

For Sale

€515,000

REF: 671884 €515,000


860 m2

860 m2

Description

A unique opportunity for a 5 storey entire building/townhouse in the picturesque center of Montuiri very close to the beautiful Cathedral. The entire house is for sale and has about 180m2 each on the first four levels and about 150m2 on the top floor. On the lowest level there is also a small garden with a beautiful view of the extensive Montuiri countryside. The building has very high ceiling heights (except for the lowest and highest attic floor) and in the current state the layout is laid out on three floors with 3 bedrooms each and at the bottom and in the attic each 2 bedrooms.

However, you can completely change the layout. This property has extremely great potential at an extremely low price. You could also sell each level on its own, or the entire building. 20 minutes to Palma City.
A unique opportunity for a 5 storey entire building/townhouse in the picturesque center of Montuiri very close to the beautiful Cathedral. The entire house is for sale and has about 180m2 each on the first four levels and about 150m2 on the top floor. On the lowest level there is also a small garden with a beautiful view of the extensive Montuiri countryside. The building has very high ceiling heights (except for the lowest and highest attic floor) and in the current state the layout is laid out on three floors with 3 bedrooms each and at the bottom and in the attic each 2 bedrooms.

However, you can completely change the layout. This property has extremely great potential at an extremely low price. You could also sell each level on its own, or the entire building. 20 minutes to Palma City.
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Property on Map

#IP2-10028

Currency Exchange

Montuïri, Mallorca, Spain, 07230

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 €515,000 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
€515,000 £426,580 £442,617 £16,037
Property Price € €515,000
Minimum cost in the last six months £426,580
Maximum cost in the last six months £442,617
Fluctuating exchange rates over the last six months could have increased the cost of this property by £16,037

Montuïri, Mallorca, Spain, 07230

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 €515,000 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
€515,000 £426,580 £442,617 £16,037
Property Price € €515,000
Minimum cost in the last six months £426,580
Maximum cost in the last six months £442,617
Fluctuating exchange rates over the last six months could have increased the cost of this property by £16,037

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 £16,037 more.

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