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This idyllic townhouse is situated in a sought-after location in El Molinar and was built with great attention to detail
Palma, Mallorca, Spain
REF: 849280
€1,990,000
Description
This idyllic townhouse is situated in a sought-after location in El Molinar and was built with great attention to detail. The property is located just 150 m from the sought-after Paseo de Portixol and the sea and is characterized above all by its Mediterranean character. Spread over two floors, the house offers a total of 5 bedrooms, 2 bathrooms and a guest toilet as well as three terraces, from its garden with lemon and orange trees to the living/dining area on two floors. Furthermore, the property offers the possibility of a horizontal division, so that two separate living units can be created via individual entrances. DIVISION: First floor: Garden, terrace, entrance area, living room, kitchen, storage room, 2x double bedrooms, 1x complete bathroom, guest WC Second floor: 3x bedrooms, bathroom, terrace, living room Mediterraner Garten Mehrere Terrassen Zwei Kamine Einbauschränke Natursteinfliesen Orangenbaum Zitronenbaum Palma de Mallorca, the "Pearl of the Mediterranean" is a very diverse and exciting city. Whether culture, shopping, relaxing, sports, beach life, nightlife or whatever else the visitor expects from a big city. Palma de Mallorca fulfills all wishes... The capital of Mallorca is located on the 20 km long bay of Badia de Palma. Seen from the sea, the city panorama looks like a theater backdrop. The magnificent La Seu Cathedral can be seen from afar. Around 400,000 people live in Palma, which is more than half of Mallorca's total population.
This idyllic townhouse is situated in a sought-after location in El Molinar and was built with great attention to detail. The property is located just 150 m from the sought-after Paseo de Portixol and the sea and is characterized above all by its Mediterranean character. Spread over two floors, the house offers a total of 5 bedrooms, 2 bathrooms and a guest toilet as well as three terraces, from its garden with lemon and orange trees to the living/dining area on two floors. Furthermore, the property offers the possibility of a horizontal division, so that two separate living units can be created via individual entrances. DIVISION: First floor: Garden, terrace, entrance area, living room, kitchen, storage room, 2x double bedrooms, 1x complete bathroom, guest WC Second floor: 3x bedrooms, bathroom, terrace, living room Mediterraner Garten Mehrere Terrassen Zwei Kamine Einbauschränke Natursteinfliesen Orangenbaum Zitronenbaum Palma de Mallorca, the "Pearl of the Mediterranean" is a very diverse and exciting city. Whether culture, shopping, relaxing, sports, beach life, nightlife or whatever else the visitor expects from a big city. Palma de Mallorca fulfills all wishes... The capital of Mallorca is located on the 20 km long bay of Badia de Palma. Seen from the sea, the city panorama looks like a theater backdrop. The magnificent La Seu Cathedral can be seen from afar. Around 400,000 people live in Palma, which is more than half of Mallorca's total population.
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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 €1,990,000 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 |
|---|---|---|---|
| €1,990,000 | £1,648,337 | £1,710,306 | £61,969 |
| Property Price € | €1,990,000 |
| Minimum cost in the last six months | £1,648,337 |
| Maximum cost in the last six months | £1,710,306 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £61,969 |
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 €1,990,000 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 |
|---|---|---|---|
| €1,990,000 | £1,648,337 | £1,710,306 | £61,969 |
| Property Price € | €1,990,000 |
| Minimum cost in the last six months | £1,648,337 |
| Maximum cost in the last six months | £1,710,306 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £61,969 |
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 £61,969 more.
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