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This second-to-none property is situated in an exclusive location in Santa Catalina
Palma de Mallorca, Mallorca, Spain
REF: 828465
€3,800,000
Description
This second-to-none property is situated in an exclusive location in Santa Catalina. The open-plan layout, the ceilings over 6 metres high and the elegantly integrated natural stone walls are reminiscent of a typical NYC loft in Manhattan. Spread over two floors and a roof terrace, the property offers an open-plan living/dining area with an American kitchen and over 166m2. On the next level is the spacious master bedroom with en-suite bathroom and dressing room as well as two further double bedrooms with en-suite bathrooms. The final level offers a roof terrace with views over the city to the sea, the cherry on the cream cake. For maximum comfort, the property is equipped with underfloor heating, air conditioning, double-glazed windows and an open fireplace. Three private parking spaces complete the package. DIVISION: Ground floor Open-plan kitchen, living room, dining room, laundry room, guest WC, master bedroom with bathroom and dressing room Upper floor 2x bedroom with bathroom en suite, lounge Roof terrace with 98,69m2 Underfloor heating Air conditioning h/c Open fireplace Ceiling height over 6 metres storeroom Roof terrace with sea view Guest WC patio 3x parking spaces
This second-to-none property is situated in an exclusive location in Santa Catalina. The open-plan layout, the ceilings over 6 metres high and the elegantly integrated natural stone walls are reminiscent of a typical NYC loft in Manhattan. Spread over two floors and a roof terrace, the property offers an open-plan living/dining area with an American kitchen and over 166m2. On the next level is the spacious master bedroom with en-suite bathroom and dressing room as well as two further double bedrooms with en-suite bathrooms. The final level offers a roof terrace with views over the city to the sea, the cherry on the cream cake. For maximum comfort, the property is equipped with underfloor heating, air conditioning, double-glazed windows and an open fireplace. Three private parking spaces complete the package. DIVISION: Ground floor Open-plan kitchen, living room, dining room, laundry room, guest WC, master bedroom with bathroom and dressing room Upper floor 2x bedroom with bathroom en suite, lounge Roof terrace with 98,69m2 Underfloor heating Air conditioning h/c Open fireplace Ceiling height over 6 metres storeroom Roof terrace with sea view Guest WC patio 3x parking spaces
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Currency Exchange
Palma de Mallorca, 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 €3,800,000 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 |
|---|---|---|---|
| €3,800,000 | £3,147,578 | £3,265,910 | £118,332 |
| Property Price € | €3,800,000 |
| Minimum cost in the last six months | £3,147,578 |
| Maximum cost in the last six months | £3,265,910 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £118,332 |
Palma de Mallorca, 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 €3,800,000 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 |
|---|---|---|---|
| €3,800,000 | £3,147,578 | £3,265,910 | £118,332 |
| Property Price € | €3,800,000 |
| Minimum cost in the last six months | £3,147,578 |
| Maximum cost in the last six months | £3,265,910 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £118,332 |
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 £118,332 more.
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