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Detached villa with sea views and vacation rental license for sale in Sa Torre, within walking distance of the famous beach club "Mhares", only 5 minutes drive from Playa de Palma, 10 minutes from the airport and 15 minutes from the island's capital, Palma
Sa Torre, Mallorca, Spain
REF: 742918
€2,200,000
Description
Detached villa with sea views and vacation rental license for sale in Sa Torre, within walking distance of the famous beach club "Mhares", only 5 minutes drive from Playa de Palma, 10 minutes from the airport and 15 minutes from the island's capital, Palma. All shops are nearby, a Mercadona supermarket is within walking distance and a school center. On a 1900 m plot there is a large house that was built in 2000, a pool with an area of 6x10 m, a large garden with automatic irrigation system and a garage. The property has a total constructed area of 563 m . The house has 5 bedrooms and 4 bathrooms ensuite, a spacious kitchen with island, a large living / dining area and a spacious entrance area, laundry room, as well as a covered terrace with a view of the garden area including pool, a guest house / grill house in the pool area with 50 m and additional private bathroom and a large roof terrace with a great view over the Delta Bay and the Bay of Palma. The equipment includes: high-quality marble floors, central air conditioning cold / warm as well as double-glazed windows and two water tanks with a capacity of 15,000 l each.
Detached villa with sea views and vacation rental license for sale in Sa Torre, within walking distance of the famous beach club "Mhares", only 5 minutes drive from Playa de Palma, 10 minutes from the airport and 15 minutes from the island's capital, Palma. All shops are nearby, a Mercadona supermarket is within walking distance and a school center. On a 1900 m plot there is a large house that was built in 2000, a pool with an area of 6x10 m, a large garden with automatic irrigation system and a garage. The property has a total constructed area of 563 m . The house has 5 bedrooms and 4 bathrooms ensuite, a spacious kitchen with island, a large living / dining area and a spacious entrance area, laundry room, as well as a covered terrace with a view of the garden area including pool, a guest house / grill house in the pool area with 50 m and additional private bathroom and a large roof terrace with a great view over the Delta Bay and the Bay of Palma. The equipment includes: high-quality marble floors, central air conditioning cold / warm as well as double-glazed windows and two water tanks with a capacity of 15,000 l each.
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Currency Exchange
Sa Torre, 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 €2,200,000 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 |
|---|---|---|---|
| €2,200,000 | £1,822,282 | £1,890,790 | £68,508 |
| Property Price € | €2,200,000 |
| Minimum cost in the last six months | £1,822,282 |
| Maximum cost in the last six months | £1,890,790 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £68,508 |
Sa Torre, 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 €2,200,000 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 |
|---|---|---|---|
| €2,200,000 | £1,822,282 | £1,890,790 | £68,508 |
| Property Price € | €2,200,000 |
| Minimum cost in the last six months | £1,822,282 |
| Maximum cost in the last six months | £1,890,790 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £68,508 |
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 £68,508 more.
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