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Terraced corner house in 1st sea line of Portixol/Molinar
portixol, Mallorca, Spain
REF: 758750
€1,500,000
Description
Terraced corner house in 1st sea line of Portixol/Molinar. The property is situated in a very desirable location and offers unobstructed sea views with direct access to the beach and excellent possibilities for renovation which can be adapted to your needs. The house has a balcony, a small veranda and is distributed over three levels. On the ground floor there are three bedrooms, one of them with sea view, and a separate bathroom. The staircase leads to the upper floor, which consists of a kitchen with separate laundry room, another bedroom, a separate bathroom and a large living and dining area with access to a 13 m2 balcony with wonderful sea views. In the basement there is the possibility for another room of 33m2. The property, which is already ready for occupancy, also includes a parking space in the underground garage. The pictures/renderings are only a representation and suggestion of the style in which the property could be renovated. Tiles, Double glazing, Air conditioning IBI: 950 Common charges: 300 Waste: 226
Terraced corner house in 1st sea line of Portixol/Molinar. The property is situated in a very desirable location and offers unobstructed sea views with direct access to the beach and excellent possibilities for renovation which can be adapted to your needs. The house has a balcony, a small veranda and is distributed over three levels. On the ground floor there are three bedrooms, one of them with sea view, and a separate bathroom. The staircase leads to the upper floor, which consists of a kitchen with separate laundry room, another bedroom, a separate bathroom and a large living and dining area with access to a 13 m2 balcony with wonderful sea views. In the basement there is the possibility for another room of 33m2. The property, which is already ready for occupancy, also includes a parking space in the underground garage. The pictures/renderings are only a representation and suggestion of the style in which the property could be renovated. Tiles, Double glazing, Air conditioning IBI: 950 Common charges: 300 Waste: 226
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Currency Exchange
portixol, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,247,820 | £1,290,930 | £43,110 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,247,820 |
| Maximum cost in the last six months | £1,290,930 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,110 |
portixol, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,247,820 | £1,290,930 | £43,110 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,247,820 |
| Maximum cost in the last six months | £1,290,930 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,110 |
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 £43,110 more.
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