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LLUCMAJOR: TOP FINCA BUILDING PLOT WITH PROJECT Only a few kilometres away from the famous hotels "Hilton" and "Son Anthem" in an excellent quiet location and not far from the golf club Maioris is this 18
llucmajor, Mallorca, Spain
REF: 718624
€390,000
Description
LLUCMAJOR: TOP FINCA BUILDING PLOT WITH PROJECT Only a few kilometres away from the famous hotels "Hilton" and "Son Anthem" in an excellent quiet location and not far from the golf club Maioris is this 18.500 m large building plot, on which a project has been submitted for the construction of a new finca with a planned built area of 253 m plus 90 m basement. The project includes the construction of a modern finca with 4 bedrooms and 3 bathrooms as well as a guest toilet. The finca will ensure an impeccable view of the surrounding landscape. In addition, an application to drill a well has been submitted at the same time as the planning application, which meets all the criteria and will be approved accordingly. The building application was submitted in December 2022, so we expect the building licence to be issued soon and the construction of the finca to start soon. The plot is located directly on an asphalted road, without traffic noise and is only 5 minutes away from the centre of Llucmajor with all year-round amenities (restaurants, all shopping facilities, historic town centre with a large plaza and lots of charm) and is also excellently located in terms of macro location (12 minutes from Playa de Palma, 15-20 minutes from the airport and just under 30 minutes from the centre of Palma). In addition, Llucmajor is probably one of the most popular locations for foreign property buyers looking for traditional country houses, with very strong demand and relatively little high quality and above all legal supply. Purchase price: 390,000 euros www.sae-mallorca.com
LLUCMAJOR: TOP FINCA BUILDING PLOT WITH PROJECT Only a few kilometres away from the famous hotels "Hilton" and "Son Anthem" in an excellent quiet location and not far from the golf club Maioris is this 18.500 m large building plot, on which a project has been submitted for the construction of a new finca with a planned built area of 253 m plus 90 m basement. The project includes the construction of a modern finca with 4 bedrooms and 3 bathrooms as well as a guest toilet. The finca will ensure an impeccable view of the surrounding landscape. In addition, an application to drill a well has been submitted at the same time as the planning application, which meets all the criteria and will be approved accordingly. The building application was submitted in December 2022, so we expect the building licence to be issued soon and the construction of the finca to start soon. The plot is located directly on an asphalted road, without traffic noise and is only 5 minutes away from the centre of Llucmajor with all year-round amenities (restaurants, all shopping facilities, historic town centre with a large plaza and lots of charm) and is also excellently located in terms of macro location (12 minutes from Playa de Palma, 15-20 minutes from the airport and just under 30 minutes from the centre of Palma). In addition, Llucmajor is probably one of the most popular locations for foreign property buyers looking for traditional country houses, with very strong demand and relatively little high quality and above all legal supply. Purchase price: 390,000 euros www.sae-mallorca.com
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Currency Exchange
llucmajor, 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 €390,000 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 |
|---|---|---|---|
| €390,000 | £324,433 | £335,642 | £11,209 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £324,433 |
| Maximum cost in the last six months | £335,642 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,209 |
llucmajor, 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 €390,000 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 |
|---|---|---|---|
| €390,000 | £324,433 | £335,642 | £11,209 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £324,433 |
| Maximum cost in the last six months | £335,642 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,209 |
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 £11,209 more.
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