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This impressive flat is located in an exclusive community which extends over 4500m2 with landscaped gardens, swimming pools, gym, bike centre, underground parking and conference room
Palmanova, Mallorca, Spain
REF: 871109
€650,000
Description
This impressive flat is located in an exclusive community which extends over 4500m2 with landscaped gardens, swimming pools, gym, bike centre, underground parking and conference room. In an excellent micro-location, the community is within walking distance of the two sandy beaches, the promenade and all amenities. On 133m2, the living space of the flat with three façade orientations offers a light-flooded, bright ambience. Inside, there are a total of four bedrooms, two bathrooms, a guest WC and an open-plan living/dining room with a semi-open-plan kitchen. Air conditioning with hot/cold function, insulated windows, two spacious balconies and electric sun blinds ensure maximum comfort both inside and out. The package is rounded off by a private underground parking space with adjoining cellar room. The property is being sold below the present appraisal value for private reasons. Layout: Entrance area, living/dining room, kitchen, balcony, hallway, guest WC, bedroom1, bedroom2, bathroom, bedroom3, bedroom4 with bathroom en suite, terrace Equipment: Windows with double glazing Air conditioning h/c Semi-open fitted kitchen Fitted wardrobes Electric shutters Osmosis system Underground car park Cellar room Video intercom system Two spacious balconies
This impressive flat is located in an exclusive community which extends over 4500m2 with landscaped gardens, swimming pools, gym, bike centre, underground parking and conference room. In an excellent micro-location, the community is within walking distance of the two sandy beaches, the promenade and all amenities. On 133m2, the living space of the flat with three façade orientations offers a light-flooded, bright ambience. Inside, there are a total of four bedrooms, two bathrooms, a guest WC and an open-plan living/dining room with a semi-open-plan kitchen. Air conditioning with hot/cold function, insulated windows, two spacious balconies and electric sun blinds ensure maximum comfort both inside and out. The package is rounded off by a private underground parking space with adjoining cellar room. The property is being sold below the present appraisal value for private reasons. Layout: Entrance area, living/dining room, kitchen, balcony, hallway, guest WC, bedroom1, bedroom2, bathroom, bedroom3, bedroom4 with bathroom en suite, terrace Equipment: Windows with double glazing Air conditioning h/c Semi-open fitted kitchen Fitted wardrobes Electric shutters Osmosis system Underground car park Cellar room Video intercom system Two spacious balconies
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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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
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 £20,241 more.
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