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The recently refurbished apartment, built in 1964, is located on the third floor of a seaside family house in the second sea line near Balnerio 3 and has 88 m distributed over 2 bedrooms, 2 bathrooms, a living/dining room with a completely new and open kitchen with ceramic hob from Bora and access
Arenal, Mallorca, Spain
REF: 851029
€435,000
Description
The recently refurbished apartment, built in 1964, is located on the third floor of a seaside family house in the second sea line near Balnerio 3 and has 88 m distributed over 2 bedrooms, 2 bathrooms, a living/dining room with a completely new and open kitchen with ceramic hob from Bora and access to the balcony. Optionally, an underground parking space can be purchased for 15,000.00. Neue Küche mit ceran Kochfeld von Bora Klimaanlage Doppelverlaste Fenster Hochwertige Ausstattung Arenal, a sparkling jewel of a destination, stretches majestically at the foot of an imposing volcano. The village is characterized by its vibrant, emerald green landscape, which is criss-crossed by a network of crystal clear rivers and waterfalls. Lush, deep green rainforests surround the village, where exotic animals and rare plants thrive, a paradise for nature lovers. At the heart of Arenal lies the vibrant town center, a kaleidoscope of colorful market stalls and charming boutiques. The architecture is a mixture of traditional heritage and modern flair, with every street offering a new discovery. To the north of the village, the landscape opens up to vast, fertile plains that are used for agriculture and provide a picturesque contrast to the rugged volcano. To the south of Arenal is a vast, azure blue lake that is ideal for water sports and relaxation. To the east and west, the village is surrounded by dense forests that promise untouched nature and adventure. Arenal fascinates with its breathtaking diversity and dynamic beauty. Abfallgebühr 186 IBI 196 Gemeinschaftskosten inkl Wasser 150
The recently refurbished apartment, built in 1964, is located on the third floor of a seaside family house in the second sea line near Balnerio 3 and has 88 m distributed over 2 bedrooms, 2 bathrooms, a living/dining room with a completely new and open kitchen with ceramic hob from Bora and access to the balcony. Optionally, an underground parking space can be purchased for 15,000.00. Neue Küche mit ceran Kochfeld von Bora Klimaanlage Doppelverlaste Fenster Hochwertige Ausstattung Arenal, a sparkling jewel of a destination, stretches majestically at the foot of an imposing volcano. The village is characterized by its vibrant, emerald green landscape, which is criss-crossed by a network of crystal clear rivers and waterfalls. Lush, deep green rainforests surround the village, where exotic animals and rare plants thrive, a paradise for nature lovers. At the heart of Arenal lies the vibrant town center, a kaleidoscope of colorful market stalls and charming boutiques. The architecture is a mixture of traditional heritage and modern flair, with every street offering a new discovery. To the north of the village, the landscape opens up to vast, fertile plains that are used for agriculture and provide a picturesque contrast to the rugged volcano. To the south of Arenal is a vast, azure blue lake that is ideal for water sports and relaxation. To the east and west, the village is surrounded by dense forests that promise untouched nature and adventure. Arenal fascinates with its breathtaking diversity and dynamic beauty. Abfallgebühr 186 IBI 196 Gemeinschaftskosten inkl Wasser 150
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Currency Exchange
Arenal, 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 €435,000 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 |
|---|---|---|---|
| €435,000 | £360,315 | £373,861 | £13,546 |
| Property Price € | €435,000 |
| Minimum cost in the last six months | £360,315 |
| Maximum cost in the last six months | £373,861 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,546 |
Arenal, 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 €435,000 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 |
|---|---|---|---|
| €435,000 | £360,315 | £373,861 | £13,546 |
| Property Price € | €435,000 |
| Minimum cost in the last six months | £360,315 |
| Maximum cost in the last six months | £373,861 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,546 |
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 £13,546 more.
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