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Modernly designed flat with spectacular sea views and balanced mediterranean-modern style
Palma, Mallorca, Spain
REF: 701582
€1,400,000
Description
Modernly designed flat with spectacular sea views and balanced mediterranean-modern style. It is located on the second floor and in the first sea line, in the heart of the famous Paseo Maritimo. The flat offers a living area of 149 m2 and a terrace of 19 m2. 3 bedrooms, each with a bathroom en suite, a guest toilet, an open kitchen with dining area and a noble adjoining living area with access to a private balcony terrace with inviting seating and fantastic views of the sea and the marina. A true oasis of luxury in the heart of the bustling city, just a few minutes' walk from the centre of Palma, the island's best beaches, and a short drive from T Golf & Country Club. Underfloor heating Air conditioning Sonos system Climalit windows with thermal break Custom made furniture
Modernly designed flat with spectacular sea views and balanced mediterranean-modern style. It is located on the second floor and in the first sea line, in the heart of the famous Paseo Maritimo. The flat offers a living area of 149 m2 and a terrace of 19 m2. 3 bedrooms, each with a bathroom en suite, a guest toilet, an open kitchen with dining area and a noble adjoining living area with access to a private balcony terrace with inviting seating and fantastic views of the sea and the marina. A true oasis of luxury in the heart of the bustling city, just a few minutes' walk from the centre of Palma, the island's best beaches, and a short drive from T Golf & Country Club. Underfloor heating Air conditioning Sonos system Climalit windows with thermal break Custom made furniture
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Currency Exchange
Palma, 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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,159,634 | £1,203,230 | £43,596 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,159,634 |
| Maximum cost in the last six months | £1,203,230 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,596 |
Palma, 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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,159,634 | £1,203,230 | £43,596 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,159,634 |
| Maximum cost in the last six months | £1,203,230 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,596 |
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 £43,596 more.
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