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This unique designer flat is located in a historic building from the 18th century which was completely designed for first occupancy using high-quality materials
Palma, Mallorca, Spain
REF: 821748
€1,380,000
Description
This unique designer flat is located in a historic building from the 18th century which was completely designed for first occupancy using high-quality materials. The exclusive community of 12 parties enjoys the privilege of offering a communal pool, lounge area, storage room and an exclusive guest flat for your friends in the heart of the old town. The unique flat itself extends to 123m2 of living space. Inside we find two spacious bedrooms with en-suite bathrooms, laundry room, guest toilet as well as an open-plan luxury kitchen, living room and dining area. 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 in the heart of Palma. DIVISION: Entrance area, 2x double bedroom with bathroom en suite, storage room, guest WC, laundry room, open-plan kitchen with dining area, open-plan living room 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 designer flat is located in a historic building from the 18th century which was completely designed for first occupancy using high-quality materials. The exclusive community of 12 parties enjoys the privilege of offering a communal pool, lounge area, storage room and an exclusive guest flat for your friends in the heart of the old town. The unique flat itself extends to 123m2 of living space. Inside we find two spacious bedrooms with en-suite bathrooms, laundry room, guest toilet as well as an open-plan luxury kitchen, living room and dining area. 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 in the heart of Palma. DIVISION: Entrance area, 2x double bedroom with bathroom en suite, storage room, guest WC, laundry room, open-plan kitchen with dining area, open-plan living room 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 €1,380,000 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 |
|---|---|---|---|
| €1,380,000 | £1,147,994 | £1,187,656 | £39,661 |
| Property Price € | €1,380,000 |
| Minimum cost in the last six months | £1,147,994 |
| Maximum cost in the last six months | £1,187,656 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,661 |
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 €1,380,000 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 |
|---|---|---|---|
| €1,380,000 | £1,147,994 | £1,187,656 | £39,661 |
| Property Price € | €1,380,000 |
| Minimum cost in the last six months | £1,147,994 |
| Maximum cost in the last six months | £1,187,656 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,661 |
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 £39,661 more.
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