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Lucas Fox presents this new build villa in Formentera, with a plot of almost three hectares located in the heart of the island
formentera, Formentera, Spain, 07800
REF: 849113
€12,800,000
Description
Lucas Fox presents this new build villa in Formentera, with a plot of almost three hectares located in the heart of the island. The property has an area of 586 m and exterior it offers a swimming pool, a guest area, lush gardens, vineyards, fruit trees and even a forest. The house is located in the northern part of La Finca, in a rustic area, which reduces the visual impact on the natural environment. On the lower ground floor, a wellness area is displayed. Here, we find a well-equipped gym, a large dressing room, a bathroom, a Turkish bathroom and a sauna; all of them arranged around an English patio that allows the entry of natural light. On the other side of the stairs, there are two installation rooms and a spacious warehouse. The ground floor is meticulously designed to offer total comfort. In the northern area are the rest areas: four bedrooms and four full bathrooms. In the south area, dedicated to the day area, is the main entrance of the house that leads to a entrance hall. This entrance hall takes us to the porch where the vehicles are parked. Additionally, in this area there is a guest toilet, a living-dining room with a staircase that connects to the upper floors and a modern kitchen with access to a porch located in the southwest. On this same floor, in the southwest area, there is an independent annex that includes a bedroom, a bathroom, a hall and a cozy living living room . On the first floor, there is an elegant living room to the southwest and a bedroom with a bathroom in the northwest. Towards the west, just in front of the living-dining room, there is a swimming pool to cool off in a quiet environment. Get in touch for more information.
Lucas Fox presents this new build villa in Formentera, with a plot of almost three hectares located in the heart of the island. The property has an area of 586 m and exterior it offers a swimming pool, a guest area, lush gardens, vineyards, fruit trees and even a forest. The house is located in the northern part of La Finca, in a rustic area, which reduces the visual impact on the natural environment. On the lower ground floor, a wellness area is displayed. Here, we find a well-equipped gym, a large dressing room, a bathroom, a Turkish bathroom and a sauna; all of them arranged around an English patio that allows the entry of natural light. On the other side of the stairs, there are two installation rooms and a spacious warehouse. The ground floor is meticulously designed to offer total comfort. In the northern area are the rest areas: four bedrooms and four full bathrooms. In the south area, dedicated to the day area, is the main entrance of the house that leads to a entrance hall. This entrance hall takes us to the porch where the vehicles are parked. Additionally, in this area there is a guest toilet, a living-dining room with a staircase that connects to the upper floors and a modern kitchen with access to a porch located in the southwest. On this same floor, in the southwest area, there is an independent annex that includes a bedroom, a bathroom, a hall and a cozy living living room . On the first floor, there is an elegant living room to the southwest and a bedroom with a bathroom in the northwest. Towards the west, just in front of the living-dining room, there is a swimming pool to cool off in a quiet environment. Get in touch for more information.
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Currency Exchange
formentera, Formentera, Spain, 07800
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 €12,800,000 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 |
|---|---|---|---|
| €12,800,000 | £10,602,368 | £11,000,960 | £398,592 |
| Property Price € | €12,800,000 |
| Minimum cost in the last six months | £10,602,368 |
| Maximum cost in the last six months | £11,000,960 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £398,592 |
formentera, Formentera, Spain, 07800
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 €12,800,000 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 |
|---|---|---|---|
| €12,800,000 | £10,602,368 | £11,000,960 | £398,592 |
| Property Price € | €12,800,000 |
| Minimum cost in the last six months | £10,602,368 |
| Maximum cost in the last six months | £11,000,960 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £398,592 |
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 £398,592 more.
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