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This ultra-modern villa with luxurious furnishings is currently being built in Palma's most exclusive development Son Vida and leaves nothing to be desired
Palma de Mallorca, Mallorca, Spain
REF: 885264
€8,200,000
Description
This ultra-modern villa with luxurious furnishings is currently being built in Palma's most exclusive development Son Vida and leaves nothing to be desired. The constructed area of over 900 m extends over 4 floors, which are connected by an elevator that leads from the lower level to the roof terrace. There you will find a swimming pool, a summer kitchen with barbecue, a whirlpool, a WC and a music system. The villa has 4 bedrooms with en-suite bathrooms, an impressive entrance hall and a spacious living/dining room with a bespoke kitchen with Miele appliances and large glass doors leading to a terrace with dining area. Access to the villa is via a car lift to the garage and the wellness area with gym, sauna, pool and storage room. The property has underfloor heating throughout the living area and air conditioning by air heat pump. The property also has LED lighting, an osmosis system, home automation and a video alarm system. All windows and exterior doors can be operated by remote control or smart home system. In addition, there is a Sonos sound system, dressing room, fitted wardrobes and a fully equipped bar. The property is being sold fully furnished and equipped. Completion is scheduled for January 2024.
This ultra-modern villa with luxurious furnishings is currently being built in Palma's most exclusive development Son Vida and leaves nothing to be desired. The constructed area of over 900 m extends over 4 floors, which are connected by an elevator that leads from the lower level to the roof terrace. There you will find a swimming pool, a summer kitchen with barbecue, a whirlpool, a WC and a music system. The villa has 4 bedrooms with en-suite bathrooms, an impressive entrance hall and a spacious living/dining room with a bespoke kitchen with Miele appliances and large glass doors leading to a terrace with dining area. Access to the villa is via a car lift to the garage and the wellness area with gym, sauna, pool and storage room. The property has underfloor heating throughout the living area and air conditioning by air heat pump. The property also has LED lighting, an osmosis system, home automation and a video alarm system. All windows and exterior doors can be operated by remote control or smart home system. In addition, there is a Sonos sound system, dressing room, fitted wardrobes and a fully equipped bar. The property is being sold fully furnished and equipped. Completion is scheduled for January 2024.
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Currency Exchange
Palma de Mallorca, 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 €8,200,000 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 |
|---|---|---|---|
| €8,200,000 | £6,792,142 | £7,047,490 | £255,348 |
| Property Price € | €8,200,000 |
| Minimum cost in the last six months | £6,792,142 |
| Maximum cost in the last six months | £7,047,490 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £255,348 |
Palma de Mallorca, 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 €8,200,000 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 |
|---|---|---|---|
| €8,200,000 | £6,792,142 | £7,047,490 | £255,348 |
| Property Price € | €8,200,000 |
| Minimum cost in the last six months | £6,792,142 |
| Maximum cost in the last six months | £7,047,490 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £255,348 |
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 £255,348 more.
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