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Mediterranean or solar villa with panoramic views in Port d'Andratx
Port d'Andratx, Spain
REF: 742424
€3,000,000
Description
Mediterranean villa, located above the port, perfect south orientation and a wonderful view over the mountains and the sea. At this moment it has a constructed area of 430 m2 of which 300 m2 are housing with 3 bedrooms and 3 bathrooms. DEVELOPMENT POTENTIAL: The property currently offers a buildable area of a total area of 850 m2 on 2 levels and the house can be further back to get an even better view. Until the license is granted, the house can be rented or a two-stage purchase can be agreed with the owner. On the ground floor there is a large living room, kitchen, guest toilet and a large bedroom with dressing room and bathroom en suite. Also covered and uncovered terrace with infinity pool overlooking Port Andratx and the sea. On the upper floor there are another 2 large bedrooms with dressing rooms and bathrooms en suite. In addition to a second living room, it can also be used as a fourth bedroom. The house offers a garage for 2 cars and a large storage room in the basement. Central heating and integrated hot/cold air conditioning. Port d'Andratx is a fishing port that has become one of the most exclusive and beautiful residential areas of Mallorca. All amenities, such as the harbour promenade with its shops and restaurants, supermarkets and the Yacht Club with its yachts, are within a few minutes' walk. #ref:CBPM257
Mediterranean villa, located above the port, perfect south orientation and a wonderful view over the mountains and the sea. At this moment it has a constructed area of 430 m2 of which 300 m2 are housing with 3 bedrooms and 3 bathrooms. DEVELOPMENT POTENTIAL: The property currently offers a buildable area of a total area of 850 m2 on 2 levels and the house can be further back to get an even better view. Until the license is granted, the house can be rented or a two-stage purchase can be agreed with the owner. On the ground floor there is a large living room, kitchen, guest toilet and a large bedroom with dressing room and bathroom en suite. Also covered and uncovered terrace with infinity pool overlooking Port Andratx and the sea. On the upper floor there are another 2 large bedrooms with dressing rooms and bathrooms en suite. In addition to a second living room, it can also be used as a fourth bedroom. The house offers a garage for 2 cars and a large storage room in the basement. Central heating and integrated hot/cold air conditioning. Port d'Andratx is a fishing port that has become one of the most exclusive and beautiful residential areas of Mallorca. All amenities, such as the harbour promenade with its shops and restaurants, supermarkets and the Yacht Club with its yachts, are within a few minutes' walk. #ref:CBPM257
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Currency Exchange
Port d'Andratx, 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 €3,000,000 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 |
|---|---|---|---|
| €3,000,000 | £2,484,930 | £2,578,350 | £93,420 |
| Property Price € | €3,000,000 |
| Minimum cost in the last six months | £2,484,930 |
| Maximum cost in the last six months | £2,578,350 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £93,420 |
Port d'Andratx, 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 €3,000,000 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 |
|---|---|---|---|
| €3,000,000 | £2,484,930 | £2,578,350 | £93,420 |
| Property Price € | €3,000,000 |
| Minimum cost in the last six months | £2,484,930 |
| Maximum cost in the last six months | £2,578,350 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £93,420 |
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 £93,420 more.
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