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Country house in Torret with a lot of land and its own well
Torret, Spain, 0771
REF: 710381
€900,000
Description
Country house for sale in Torret, with a regular shaped plot of 10.880 m2 and its own well. Traditional Minorcan architecture house with ground floor and first floor in its original state and which has not been altered neither in the distribution nor in the materials. In addition to the house there are several outbuildings which were originally used for agricultural purposes and which can easily be incorporated into the house. This is undoubtedly an exciting renovation project that will allow you to give a modern touch to this beautiful house and adapt it to your tastes and needs. A large part of the land is high quality arable land, asphalted access, cistern, possibility to build a swimming pool, a few minutes away from Sant LLuis and the beaches of the south coast such as Alcaufar or Punta Prima. #ref:VS3192
Country house for sale in Torret, with a regular shaped plot of 10.880 m2 and its own well. Traditional Minorcan architecture house with ground floor and first floor in its original state and which has not been altered neither in the distribution nor in the materials. In addition to the house there are several outbuildings which were originally used for agricultural purposes and which can easily be incorporated into the house. This is undoubtedly an exciting renovation project that will allow you to give a modern touch to this beautiful house and adapt it to your tastes and needs. A large part of the land is high quality arable land, asphalted access, cistern, possibility to build a swimming pool, a few minutes away from Sant LLuis and the beaches of the south coast such as Alcaufar or Punta Prima. #ref:VS3192
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Currency Exchange
Torret, Spain, 0771
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 €900,000 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 |
|---|---|---|---|
| €900,000 | £745,479 | £773,505 | £28,026 |
| Property Price € | €900,000 |
| Minimum cost in the last six months | £745,479 |
| Maximum cost in the last six months | £773,505 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,026 |
Torret, Spain, 0771
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 €900,000 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 |
|---|---|---|---|
| €900,000 | £745,479 | £773,505 | £28,026 |
| Property Price € | €900,000 |
| Minimum cost in the last six months | £745,479 |
| Maximum cost in the last six months | £773,505 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,026 |
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 £28,026 more.
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