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This is currently the only penthouse of this size and view in a community located directly in front of the sandy beach of Playa de Palma
Palma, Mallorca, Spain
REF: 858697
€1,350,000
Description
This is currently the only penthouse of this size and view in a community located directly in front of the sandy beach of Playa de Palma. On the sixth floor, the penthouse flat, which was completely renovated in 2023, extends over approx. 120m2 of living space and 80m2 distributed over three terrace areas. Inside the light-flooded property, there is a luxury kitchen with Gaggenau, Liebherr and Bora units, an open-plan living and dining area, two spacious bedrooms with separate bathrooms and the master bedroom with en-suite bathroom, dressing room and views of the beach and the Mediterranean. The terraces with summer kitchen and chill-out area are ideal for sunbathing in all seasons. For interior living comfort, the property is equipped with underfloor heating via heat pump, air conditioning and triple-glazed windows. The community with swimming pool and night security service is located directly on the beach of Les Maravelles and guarantees a privileged lifestyle. The property purchase is rounded off by two included parking spaces and a commercial studio of 30m2 which is currently used as a storage room. LAYOUT: Entrance area, open-plan living room with open-plan luxury kitchen and dining area, bathroom, bedroom, dressing room, bathroom, master bedroom with en-suite bathroom, three terraces EQUIPMENT: Underfloor heating via heat pump air conditioning Fitted kitchen Terrace areas Summer kitchen Triple glazed windows security door Electric shutters 2x outside parking space business premises
This is currently the only penthouse of this size and view in a community located directly in front of the sandy beach of Playa de Palma. On the sixth floor, the penthouse flat, which was completely renovated in 2023, extends over approx. 120m2 of living space and 80m2 distributed over three terrace areas. Inside the light-flooded property, there is a luxury kitchen with Gaggenau, Liebherr and Bora units, an open-plan living and dining area, two spacious bedrooms with separate bathrooms and the master bedroom with en-suite bathroom, dressing room and views of the beach and the Mediterranean. The terraces with summer kitchen and chill-out area are ideal for sunbathing in all seasons. For interior living comfort, the property is equipped with underfloor heating via heat pump, air conditioning and triple-glazed windows. The community with swimming pool and night security service is located directly on the beach of Les Maravelles and guarantees a privileged lifestyle. The property purchase is rounded off by two included parking spaces and a commercial studio of 30m2 which is currently used as a storage room. LAYOUT: Entrance area, open-plan living room with open-plan luxury kitchen and dining area, bathroom, bedroom, dressing room, bathroom, master bedroom with en-suite bathroom, three terraces EQUIPMENT: Underfloor heating via heat pump air conditioning Fitted kitchen Terrace areas Summer kitchen Triple glazed windows security door Electric shutters 2x outside parking space business premises
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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 €1,350,000 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 |
|---|---|---|---|
| €1,350,000 | £1,123,038 | £1,161,837 | £38,799 |
| Property Price € | €1,350,000 |
| Minimum cost in the last six months | £1,123,038 |
| Maximum cost in the last six months | £1,161,837 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,799 |
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 €1,350,000 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 |
|---|---|---|---|
| €1,350,000 | £1,123,038 | £1,161,837 | £38,799 |
| Property Price € | €1,350,000 |
| Minimum cost in the last six months | £1,123,038 |
| Maximum cost in the last six months | £1,161,837 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,799 |
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 £38,799 more.
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