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The ultra-modern multi-apartment building currently under construction, with final building inspection expected in August 2023, offers a total of 22 residential units with 1 to 3 bedrooms and 3 penthouses with 2 to 3 bedrooms, bathroom en suite and private roof terrace on a total construction area o
Palma, Mallorca, Spain
REF: 792117
€2,399,000
Description
The ultra-modern multi-apartment building currently under construction, with final building inspection expected in August 2023, offers a total of 22 residential units with 1 to 3 bedrooms and 3 penthouses with 2 to 3 bedrooms, bathroom en suite and private roof terrace on a total construction area of 3,019 m2. Two underground parking levels with charging station for electric cars, bicycle parking with charging station for e-bikes, a communal fully equipped gym, a communal pool area with artificial waterfall, reception area and 2 commercial units. All residential units can be furnished in 4 different personalised styles and offer a quality of living that is second to none. 5TH FLOOR Prices between 2.399.000 and 2.599.000 . 3x luxury penthouses between 103 m and 130 m . Two units each have 3 bedrooms with 2 bathrooms (1 en suite) and one has 2 bedrooms and two bathrooms (one en suite). All penthouses have an entrance hall, a laundry room, a large open plan kitchen/living room, a balcony terrace with glass frontage and a large private roof terrace with magnificent views over Palma and to the Tramontana mountains. Basement and garage: - Underground parking spaces with charging station for electric vehicles. - Storage rooms with metal door - Device for bicycle suspension and ebike station communal pool with waterfall fully equipped gym Air-conditioning and water heating - Underfloor heating in all rooms of the flats - Ducted hot/cold air conditioning system - High efficiency hot water generation system with an inverter aerothermal heat pump - Remote control system pe App - Sanitary hot water generation system with energy label A+. Air conditioning systems Ventilation systems Heat recovery systems Fitted melamine wardrobes Security doors Fully equipped kitchens, with high-quality brands, e.g. "Gaggenau, BOSCH or similar". Fine stoneware tiles Double glazed windows Interior can be chosen from 4 styles In Santa Catalina, the trendy quarter of Palma, only a few minutes walk from the famous market hall, the Paseo Marítimo, the cathedral and the city centre, with all shopping facilities, schools, kindergartens, doctors, public transport, the most exclusive bars and restaurants.
The ultra-modern multi-apartment building currently under construction, with final building inspection expected in August 2023, offers a total of 22 residential units with 1 to 3 bedrooms and 3 penthouses with 2 to 3 bedrooms, bathroom en suite and private roof terrace on a total construction area of 3,019 m2. Two underground parking levels with charging station for electric cars, bicycle parking with charging station for e-bikes, a communal fully equipped gym, a communal pool area with artificial waterfall, reception area and 2 commercial units. All residential units can be furnished in 4 different personalised styles and offer a quality of living that is second to none. 5TH FLOOR Prices between 2.399.000 and 2.599.000 . 3x luxury penthouses between 103 m and 130 m . Two units each have 3 bedrooms with 2 bathrooms (1 en suite) and one has 2 bedrooms and two bathrooms (one en suite). All penthouses have an entrance hall, a laundry room, a large open plan kitchen/living room, a balcony terrace with glass frontage and a large private roof terrace with magnificent views over Palma and to the Tramontana mountains. Basement and garage: - Underground parking spaces with charging station for electric vehicles. - Storage rooms with metal door - Device for bicycle suspension and ebike station communal pool with waterfall fully equipped gym Air-conditioning and water heating - Underfloor heating in all rooms of the flats - Ducted hot/cold air conditioning system - High efficiency hot water generation system with an inverter aerothermal heat pump - Remote control system pe App - Sanitary hot water generation system with energy label A+. Air conditioning systems Ventilation systems Heat recovery systems Fitted melamine wardrobes Security doors Fully equipped kitchens, with high-quality brands, e.g. "Gaggenau, BOSCH or similar". Fine stoneware tiles Double glazed windows Interior can be chosen from 4 styles In Santa Catalina, the trendy quarter of Palma, only a few minutes walk from the famous market hall, the Paseo Marítimo, the cathedral and the city centre, with all shopping facilities, schools, kindergartens, doctors, public transport, the most exclusive bars and restaurants.
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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 €2,399,000 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 |
|---|---|---|---|
| €2,399,000 | £1,987,116 | £2,061,821 | £74,705 |
| Property Price € | €2,399,000 |
| Minimum cost in the last six months | £1,987,116 |
| Maximum cost in the last six months | £2,061,821 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £74,705 |
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 €2,399,000 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 |
|---|---|---|---|
| €2,399,000 | £1,987,116 | £2,061,821 | £74,705 |
| Property Price € | €2,399,000 |
| Minimum cost in the last six months | £1,987,116 |
| Maximum cost in the last six months | £2,061,821 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £74,705 |
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 £74,705 more.
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