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This villa in need of refurbishment is located on a plot of 935m2 in the first sea line of the quiet village of Bahia Gran and offers excellent views of the Delta Bay and the panorama of Palma due to its orientation towards the sea
Badia Blava, Mallorca, Spain
REF: 805706
€3,400,000
Description
This villa in need of refurbishment is located on a plot of 935m2 in the first sea line of the quiet village of Bahia Gran and offers excellent views of the Delta Bay and the panorama of Palma due to its orientation towards the sea. Spread over two floors and a roof terrace, the property offers a living area of 280m2, which is divided into 4 bedrooms, 2 bathrooms, 2 living rooms, dining room, kitchen, utility room and storage room. The garden and terrace areas with infinity pool invite you to enjoy an incomparable ambience with breathtaking views and are the highlight of the property. Outside the property, there are also two parking spaces for vehicles. The property is heated by electric split air conditioning units and two individual fireplaces. For maximum living comfort, the property offers great potential for an exclusively refurbished property in the strictly limited first sea line. With a valid permanent holiday rental licence, the property also offers interesting opportunities for a return on investment model. Please do not hesitate to contact us for a viewing. Layout: Ground floor: Garden, swimming pool, entrance area, spacious living/dining area, terrace areas, open-plan kitchen with separate dining room, utility room, bathroom, 2x bedrooms with terrace access Upper floor: Living room with fireplace, 2x bedrooms with terrace access, bathroom Roof terrace Holiday rental licence Air conditioning fireplace swimming pool Tiled floor Summer kitchen Barbecue area Fitted wardrobes terrace Roof terrace storeroom
This villa in need of refurbishment is located on a plot of 935m2 in the first sea line of the quiet village of Bahia Gran and offers excellent views of the Delta Bay and the panorama of Palma due to its orientation towards the sea. Spread over two floors and a roof terrace, the property offers a living area of 280m2, which is divided into 4 bedrooms, 2 bathrooms, 2 living rooms, dining room, kitchen, utility room and storage room. The garden and terrace areas with infinity pool invite you to enjoy an incomparable ambience with breathtaking views and are the highlight of the property. Outside the property, there are also two parking spaces for vehicles. The property is heated by electric split air conditioning units and two individual fireplaces. For maximum living comfort, the property offers great potential for an exclusively refurbished property in the strictly limited first sea line. With a valid permanent holiday rental licence, the property also offers interesting opportunities for a return on investment model. Please do not hesitate to contact us for a viewing. Layout: Ground floor: Garden, swimming pool, entrance area, spacious living/dining area, terrace areas, open-plan kitchen with separate dining room, utility room, bathroom, 2x bedrooms with terrace access Upper floor: Living room with fireplace, 2x bedrooms with terrace access, bathroom Roof terrace Holiday rental licence Air conditioning fireplace swimming pool Tiled floor Summer kitchen Barbecue area Fitted wardrobes terrace Roof terrace storeroom
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Currency Exchange
Badia Blava, 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 €3,400,000 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 |
|---|---|---|---|
| €3,400,000 | £2,828,392 | £2,926,108 | £97,716 |
| Property Price € | €3,400,000 |
| Minimum cost in the last six months | £2,828,392 |
| Maximum cost in the last six months | £2,926,108 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £97,716 |
Badia Blava, 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 €3,400,000 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 |
|---|---|---|---|
| €3,400,000 | £2,828,392 | £2,926,108 | £97,716 |
| Property Price € | €3,400,000 |
| Minimum cost in the last six months | £2,828,392 |
| Maximum cost in the last six months | £2,926,108 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £97,716 |
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 £97,716 more.
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