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Only 3 minutes away from the famous "Palma Sport and Tennis Club", this luxury townhouse with 2 flats, expected to be completed in early 2025, offers 400 m of living space and 170 m of terrace area
Palma, Mallorca, Spain
REF: 736938
€3,800,000
Description
Only 3 minutes away from the famous "Palma Sport and Tennis Club", this luxury townhouse with 2 flats, expected to be completed in early 2025, offers 400 m of living space and 170 m of terrace area. It also features teak and marble floors, underfloor heating, gas fireplaces and other amenities. The townhouse can be purchased as a whole or as a single semi-detached house. Santa Catalina is a true melting pot of cultures. The diversity of the population is reflected in the colourful mix of around 80 restaurants and cafés in the area. Distribution: Flat 1 (Left) Three-bedroom Flat on the left - 1 master bedroom with bathroom en suite, bath and shower (37.09 m ) - 1 bedroom with bathroom en suite and shower (11.89 m ) - 1 bedroom with bathroom, shower included (10 m ) - Open plan kitchen/dining room with living area (46.82 m ) - Basement area with plenty of space for a sauna and jacuzzi (58.45 m ) - 1 roof terrace with outdoor kitchen (approx. 40 m ) - Double garage (one parking space) Flat 2 (right) 1 bedroom with bathroom en suite, bath and shower (15,04 m ) - 1 bedroom with bathroom en suite, bath and shower (12,14 m ) - open plan kitchen/dining room with living area (34,95 m ) - 1 party room - double garage (one parking space) - swimming pool between the flats ( if permission is granted) Equipment: Garage Marble floors Roof terrace Solar panels Air conditioning system Underfloor heating Basement area Room for optional gym, party, gaming Pool under reserve (waiting for permission) Garden if pool not possible
Only 3 minutes away from the famous "Palma Sport and Tennis Club", this luxury townhouse with 2 flats, expected to be completed in early 2025, offers 400 m of living space and 170 m of terrace area. It also features teak and marble floors, underfloor heating, gas fireplaces and other amenities. The townhouse can be purchased as a whole or as a single semi-detached house. Santa Catalina is a true melting pot of cultures. The diversity of the population is reflected in the colourful mix of around 80 restaurants and cafés in the area. Distribution: Flat 1 (Left) Three-bedroom Flat on the left - 1 master bedroom with bathroom en suite, bath and shower (37.09 m ) - 1 bedroom with bathroom en suite and shower (11.89 m ) - 1 bedroom with bathroom, shower included (10 m ) - Open plan kitchen/dining room with living area (46.82 m ) - Basement area with plenty of space for a sauna and jacuzzi (58.45 m ) - 1 roof terrace with outdoor kitchen (approx. 40 m ) - Double garage (one parking space) Flat 2 (right) 1 bedroom with bathroom en suite, bath and shower (15,04 m ) - 1 bedroom with bathroom en suite, bath and shower (12,14 m ) - open plan kitchen/dining room with living area (34,95 m ) - 1 party room - double garage (one parking space) - swimming pool between the flats ( if permission is granted) Equipment: Garage Marble floors Roof terrace Solar panels Air conditioning system Underfloor heating Basement area Room for optional gym, party, gaming Pool under reserve (waiting for permission) Garden if pool not possible
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Property on Map
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 €3,800,000 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 |
|---|---|---|---|
| €3,800,000 | £3,147,578 | £3,265,910 | £118,332 |
| Property Price € | €3,800,000 |
| Minimum cost in the last six months | £3,147,578 |
| Maximum cost in the last six months | £3,265,910 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £118,332 |
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 €3,800,000 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 |
|---|---|---|---|
| €3,800,000 | £3,147,578 | £3,265,910 | £118,332 |
| Property Price € | €3,800,000 |
| Minimum cost in the last six months | £3,147,578 |
| Maximum cost in the last six months | £3,265,910 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £118,332 |
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 £118,332 more.
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