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The luxury flat, built in 1980, has a constructed area of 262 m , 5 bedrooms, 4 bathrooms, a luxury kitchen with adjoining lounge and 2 terraces
Palmanova, Mallorca, Spain
REF: 864546
€1,630,000
Description
The luxury flat, built in 1980, has a constructed area of 262 m , 5 bedrooms, 4 bathrooms, a luxury kitchen with adjoining lounge and 2 terraces. Directly on the seafront with views of the entire bay of Palmanova. The property has recently been completely refurbished to a perfect standard with high quality materials. Three minutes walk to the sandy beach of Palma Nova. Ideally suited for water sports enthusiasts due to its own boat storage for a 7 metre boat or jet ski which can be lifted in and out with a crane. Direct water access with own mooring from the building. Terrace at the front on the sea side, large terrace at the rear also with sea views, with direct access to the bedroom. Double-glazed aluminium window with fly screen. Ceramic tiles. Bathroom fittings by Hansgrohe. Bathroom from Villeroy & Boch. Fully equipped luxury kitchen brand Nolte Matrix. Decalcification system with reverse osmosis. 3x infrared heating Air conditioning Underground car park.
The luxury flat, built in 1980, has a constructed area of 262 m , 5 bedrooms, 4 bathrooms, a luxury kitchen with adjoining lounge and 2 terraces. Directly on the seafront with views of the entire bay of Palmanova. The property has recently been completely refurbished to a perfect standard with high quality materials. Three minutes walk to the sandy beach of Palma Nova. Ideally suited for water sports enthusiasts due to its own boat storage for a 7 metre boat or jet ski which can be lifted in and out with a crane. Direct water access with own mooring from the building. Terrace at the front on the sea side, large terrace at the rear also with sea views, with direct access to the bedroom. Double-glazed aluminium window with fly screen. Ceramic tiles. Bathroom fittings by Hansgrohe. Bathroom from Villeroy & Boch. Fully equipped luxury kitchen brand Nolte Matrix. Decalcification system with reverse osmosis. 3x infrared heating Air conditioning Underground car park.
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Currency Exchange
Palmanova, 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 €1,630,000 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 |
|---|---|---|---|
| €1,630,000 | £1,350,145 | £1,400,904 | £50,758 |
| Property Price € | €1,630,000 |
| Minimum cost in the last six months | £1,350,145 |
| Maximum cost in the last six months | £1,400,904 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £50,758 |
Palmanova, 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 €1,630,000 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 |
|---|---|---|---|
| €1,630,000 | £1,350,145 | £1,400,904 | £50,758 |
| Property Price € | €1,630,000 |
| Minimum cost in the last six months | £1,350,145 |
| Maximum cost in the last six months | £1,400,904 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £50,758 |
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 £50,758 more.
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