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Brand new, immaculate townhouse project with planning permission in a prime location of El Molinar, one of the most sought after areas of the island
Palma, Mallorca, Spain
REF: 854199
€2,390,000
Description
Brand new, immaculate townhouse project with planning permission in a prime location of El Molinar, one of the most sought after areas of the island. This modern property will be located just metres from the popular promenade and will offer a high level of comfort, charm and luxury. The project offers 3 bedrooms and two bathrooms and is distributed over two floors, with a constructed area of 226 m2. On the ground floor is the living-dining room with private pool, while the sleeping areas are located on the upper floor. The master bedroom has an en-suite bathroom and faces the front of the house. The property shines with the best equipment and has underfloor heating, as well as central air conditioning in all rooms to ensure a pleasant temperature all year round. The flat also has KNX home automation, as well as a fully equipped kitchen with Bora and Gaggenau appliances, so preparing m Together with Portixol, El Molinar is one of the most sought-after residential areas in Europe. Here you will find everything from recommended restaurants and cafés to grocery shops, pharmacies and, of course, the surrounding beaches. It is also an ideal place for sports, be it running, cycling, inline skating or even surfing. If you are looking for a quiet and authentic neighbourhood, El Molinar is your dream location. The airport or the city centre are only 5 minutes away by car. DIVISION: Ground floor: Entrance area, guest toilet, living room, open-plan kitchen, patio, swimming pool Upper floor: Master bedroom with bathroom and balcony, 2x double bedroom, bathroom Roof terrace EQUIPMENT: Underfloor heating Central air conditioning KNX home automation natural stone floors Windows with double glazing SONOS sound system Designer kitchen swimming pool patio balcony terrace Guest WC
Brand new, immaculate townhouse project with planning permission in a prime location of El Molinar, one of the most sought after areas of the island. This modern property will be located just metres from the popular promenade and will offer a high level of comfort, charm and luxury. The project offers 3 bedrooms and two bathrooms and is distributed over two floors, with a constructed area of 226 m2. On the ground floor is the living-dining room with private pool, while the sleeping areas are located on the upper floor. The master bedroom has an en-suite bathroom and faces the front of the house. The property shines with the best equipment and has underfloor heating, as well as central air conditioning in all rooms to ensure a pleasant temperature all year round. The flat also has KNX home automation, as well as a fully equipped kitchen with Bora and Gaggenau appliances, so preparing m Together with Portixol, El Molinar is one of the most sought-after residential areas in Europe. Here you will find everything from recommended restaurants and cafés to grocery shops, pharmacies and, of course, the surrounding beaches. It is also an ideal place for sports, be it running, cycling, inline skating or even surfing. If you are looking for a quiet and authentic neighbourhood, El Molinar is your dream location. The airport or the city centre are only 5 minutes away by car. DIVISION: Ground floor: Entrance area, guest toilet, living room, open-plan kitchen, patio, swimming pool Upper floor: Master bedroom with bathroom and balcony, 2x double bedroom, bathroom Roof terrace EQUIPMENT: Underfloor heating Central air conditioning KNX home automation natural stone floors Windows with double glazing SONOS sound system Designer kitchen swimming pool patio balcony terrace Guest WC
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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 €2,390,000 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 |
|---|---|---|---|
| €2,390,000 | £1,979,661 | £2,054,086 | £74,425 |
| Property Price € | €2,390,000 |
| Minimum cost in the last six months | £1,979,661 |
| Maximum cost in the last six months | £2,054,086 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £74,425 |
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 €2,390,000 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 |
|---|---|---|---|
| €2,390,000 | £1,979,661 | £2,054,086 | £74,425 |
| Property Price € | €2,390,000 |
| Minimum cost in the last six months | £1,979,661 |
| Maximum cost in the last six months | £2,054,086 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £74,425 |
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 £74,425 more.
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