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Mediterranean-style finca with holiday rental licence for 12 people
Inca, Mallorca, Spain
REF: 857271
€960,000
Description
Mediterranean-style finca with holiday rental licence for 12 people. The property was completely renovated in 1988. The finca offers many possibilities due to its many rooms. The property is located on a direct tarmac road, Very quiet location two kilometres from the centre of Inca. It is a good investment due to the return from holiday rentals. DIVISION: Ground floor: Entrance area: large living room, five bedrooms, three bathrooms, one of them in suite, large kitchen with dining room-fireplace. A separate living room with access to the pool area. Outside, directly at the main entrance, there is a covered terrace of about 60m2, Has a covered outdoor barbecue house with oven. Pool with 65m2 water surface. First floor: Master bedroom, a living room directly connected to a large bathroom, another bedroom and two large outdoor terraces EQUIPMENT: Tiled floors. A closed fireplace in the kitchen. Solid wood windows Windows with double glazing. Wooden blinds. Internet by fibre optic cable. Own underground water well. Connected to the city mains electricity. Photovoltaic system Solid wood kitchen Swimming pool patio Balcony Terrace Electric outside gate
Mediterranean-style finca with holiday rental licence for 12 people. The property was completely renovated in 1988. The finca offers many possibilities due to its many rooms. The property is located on a direct tarmac road, Very quiet location two kilometres from the centre of Inca. It is a good investment due to the return from holiday rentals. DIVISION: Ground floor: Entrance area: large living room, five bedrooms, three bathrooms, one of them in suite, large kitchen with dining room-fireplace. A separate living room with access to the pool area. Outside, directly at the main entrance, there is a covered terrace of about 60m2, Has a covered outdoor barbecue house with oven. Pool with 65m2 water surface. First floor: Master bedroom, a living room directly connected to a large bathroom, another bedroom and two large outdoor terraces EQUIPMENT: Tiled floors. A closed fireplace in the kitchen. Solid wood windows Windows with double glazing. Wooden blinds. Internet by fibre optic cable. Own underground water well. Connected to the city mains electricity. Photovoltaic system Solid wood kitchen Swimming pool patio Balcony Terrace Electric outside gate
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Currency Exchange
Inca, 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 €960,000 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 |
|---|---|---|---|
| €960,000 | £795,178 | £825,072 | £29,894 |
| Property Price € | €960,000 |
| Minimum cost in the last six months | £795,178 |
| Maximum cost in the last six months | £825,072 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,894 |
Inca, 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 €960,000 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 |
|---|---|---|---|
| €960,000 | £795,178 | £825,072 | £29,894 |
| Property Price € | €960,000 |
| Minimum cost in the last six months | £795,178 |
| Maximum cost in the last six months | £825,072 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,894 |
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 £29,894 more.
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