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This unique penthouse flat is located in a historic building from the 18th century which has been completely designed for pure quality of life using high-quality materials
Palma, Mallorca, Spain
REF: 821747
€2,300,000
Description
This unique penthouse flat is located in a historic building from the 18th century which has been completely designed for pure quality of life using high-quality materials. The exclusive community of 12 parties enjoys the privilege of using a communal pool, lounge area, storage room and an exclusive guest flat in the heart of the old town. The unique penthouse itself extends over two floors with 164m2 of living space and an additional roof terrace of 58m2. On the first level we find one of the two spacious bedrooms with bathroom en suite, laundry room, guest toilet as well as open luxury kitchen, living room and dining area. On the upper level is the second bedroom with bathroom and a separate lounge with fireplace which could also be used as an office or bedroom. An elegant staircase leads to the highlight of the property, the private roof terrace with 58m2 and views to several historic landmarks of the city of Palma. For maximum living comfort, the property is equipped with underfloor heating, air conditioning, a fireplace, double-glazed windows and high-quality natural stone and oak floors. Come and see for yourself this unique combination of antiquity and modern luxury right in the heart of Palma. DIVISION: 3rd floor: Entrance area, double bedroom with en-suite bathroom, storage room, guest WC, laundry room, open-plan kitchen with dining area, open-plan living room, staircase 4th floor: Double bedroom with en suite bathroom, bathroom, lounge, staircase Roof terrace with 58m2 Natural stone floors Oak wood floors Luxury kitchen Underfloor heating air conditioning fireplace Windows with double glazing storeroom fitted wardrobes Roof terrace High quality furniture
This unique penthouse flat is located in a historic building from the 18th century which has been completely designed for pure quality of life using high-quality materials. The exclusive community of 12 parties enjoys the privilege of using a communal pool, lounge area, storage room and an exclusive guest flat in the heart of the old town. The unique penthouse itself extends over two floors with 164m2 of living space and an additional roof terrace of 58m2. On the first level we find one of the two spacious bedrooms with bathroom en suite, laundry room, guest toilet as well as open luxury kitchen, living room and dining area. On the upper level is the second bedroom with bathroom and a separate lounge with fireplace which could also be used as an office or bedroom. An elegant staircase leads to the highlight of the property, the private roof terrace with 58m2 and views to several historic landmarks of the city of Palma. For maximum living comfort, the property is equipped with underfloor heating, air conditioning, a fireplace, double-glazed windows and high-quality natural stone and oak floors. Come and see for yourself this unique combination of antiquity and modern luxury right in the heart of Palma. DIVISION: 3rd floor: Entrance area, double bedroom with en-suite bathroom, storage room, guest WC, laundry room, open-plan kitchen with dining area, open-plan living room, staircase 4th floor: Double bedroom with en suite bathroom, bathroom, lounge, staircase Roof terrace with 58m2 Natural stone floors Oak wood floors Luxury kitchen Underfloor heating air conditioning fireplace Windows with double glazing storeroom fitted wardrobes Roof terrace High quality furniture
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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 €2,300,000 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 |
|---|---|---|---|
| €2,300,000 | £1,905,113 | £1,976,735 | £71,622 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,905,113 |
| Maximum cost in the last six months | £1,976,735 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £71,622 |
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 €2,300,000 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 |
|---|---|---|---|
| €2,300,000 | £1,905,113 | £1,976,735 | £71,622 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,905,113 |
| Maximum cost in the last six months | £1,976,735 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £71,622 |
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 £71,622 more.
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