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These two semi-detached houses, built in 2008 and modernised in 2020, are located close to the beach and are ready for first occupancy
Cala Pi, Mallorca, Spain
REF: 885262
€1,399,000
Description
These two semi-detached houses, built in 2008 and modernised in 2020, are located close to the beach and are ready for first occupancy. They are characterised by their sought-after location and solid construction quality. House A also has a holiday rental licence for 5 persons. House A 117,16 m living space,330,50 m floor space 3 bedrooms, 2 bathrooms, 1 utility room, 2 terraces, an open kitchen, 1 parking space, rental licence. House B 142,83 m living space,330,50 plot area,4 bedrooms,2 bathrooms,1 utility room,2 terraces,one open kitchen,1 car parking space On the ground floor there is an open living/dining area with a half-open kitchen, a bathroom, a bedroom and a utility room. On the upper floor there are further bedrooms (house A: 2 bedrooms, house B: 3 bedrooms) and a bathroom in each case. A spiral staircase leads from one of the bedrooms to the roof terrace. Outside you will find a distinctive covered terrace with pool and sea view. Due to the elevated position and the front building, the sea view from the ground floor is unobstructable. Completely furnished Solid construction, High tiled bathrooms Insulated windows Air conditioning cold/warm
These two semi-detached houses, built in 2008 and modernised in 2020, are located close to the beach and are ready for first occupancy. They are characterised by their sought-after location and solid construction quality. House A also has a holiday rental licence for 5 persons. House A 117,16 m living space,330,50 m floor space 3 bedrooms, 2 bathrooms, 1 utility room, 2 terraces, an open kitchen, 1 parking space, rental licence. House B 142,83 m living space,330,50 plot area,4 bedrooms,2 bathrooms,1 utility room,2 terraces,one open kitchen,1 car parking space On the ground floor there is an open living/dining area with a half-open kitchen, a bathroom, a bedroom and a utility room. On the upper floor there are further bedrooms (house A: 2 bedrooms, house B: 3 bedrooms) and a bathroom in each case. A spiral staircase leads from one of the bedrooms to the roof terrace. Outside you will find a distinctive covered terrace with pool and sea view. Due to the elevated position and the front building, the sea view from the ground floor is unobstructable. Completely furnished Solid construction, High tiled bathrooms Insulated windows Air conditioning cold/warm
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Currency Exchange
Cala Pi, 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 €1,399,000 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 |
|---|---|---|---|
| €1,399,000 | £1,158,806 | £1,202,371 | £43,565 |
| Property Price € | €1,399,000 |
| Minimum cost in the last six months | £1,158,806 |
| Maximum cost in the last six months | £1,202,371 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,565 |
Cala Pi, 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 €1,399,000 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 |
|---|---|---|---|
| €1,399,000 | £1,158,806 | £1,202,371 | £43,565 |
| Property Price € | €1,399,000 |
| Minimum cost in the last six months | £1,158,806 |
| Maximum cost in the last six months | £1,202,371 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,565 |
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 £43,565 more.
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