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Charming and bright apartment with big patio area This charming, family-friendly ground floor apartment is located in Son Armadams, one of Palma s most sought-after neighbourhoods
Palma De Mallorca, Balearic Islands, Spain
REF: 681516
€465,000
Description
Charming and bright apartment with big patio area This charming, family-friendly ground floor apartment is located in Son Armadams, one of Palma s most sought-after neighbourhoods. Spread over 106m2, the four-bedroom home includes a spacious open-plan living area and bright modern kitchen with direct access outside. Here you ll find a wonderfully open and very sunny patio of around 35m2, with two seating areas perfect for alfresco relaxing and dining. Location The apartment has several schools nearby and the lovely Bellver forest a short walk away. Supermarkets, tennis/padel clubs and restaurants are within easy walking distance too, as is buzzy Santa Catalina dining and nightlife. Jump in the car and Cala Major beach is just five minutes away the apartment also has free and easy street parking.
Charming and bright apartment with big patio area This charming, family-friendly ground floor apartment is located in Son Armadams, one of Palma s most sought-after neighbourhoods. Spread over 106m2, the four-bedroom home includes a spacious open-plan living area and bright modern kitchen with direct access outside. Here you ll find a wonderfully open and very sunny patio of around 35m2, with two seating areas perfect for alfresco relaxing and dining. Location The apartment has several schools nearby and the lovely Bellver forest a short walk away. Supermarkets, tennis/padel clubs and restaurants are within easy walking distance too, as is buzzy Santa Catalina dining and nightlife. Jump in the car and Cala Major beach is just five minutes away the apartment also has free and easy street parking.
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Currency Exchange
Palma De Mallorca, Balearic Islands, 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 €465,000 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 |
|---|---|---|---|
| €465,000 | £390,284 | £401,090 | £10,807 |
| Property Price € | €465,000 |
| Minimum cost in the last six months | £390,284 |
| Maximum cost in the last six months | £401,090 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,807 |
Palma De Mallorca, Balearic Islands, 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 €465,000 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 |
|---|---|---|---|
| €465,000 | £390,284 | £401,090 | £10,807 |
| Property Price € | €465,000 |
| Minimum cost in the last six months | £390,284 |
| Maximum cost in the last six months | £401,090 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,807 |
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 £10,807 more.
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