This building plot in Son Vida is one of the few remaining plots offering excellent opportunities for the construction of a luxury villa in a premium location

Palma, Mallorca, Spain

For Sale

€3,500,000

REF: 890564 €3,500,000


2000 m2

Description

This building plot in Son Vida is one of the few remaining plots offering excellent opportunities for the construction of a luxury villa in a premium location. A basic project for the construction has already been submitted to the municipality of Palma, which can be modified as desired before obtaining the building licence.

The plot is on a steep slope overlooking the entire bay of Palma. Due to this slope, the building will consist of several semi-subterranean floors. On the neighbouring plot there is a protected green area on which no other house may be built. Due to the geometry of the plot, the project is divided into several east-facing storeys.

DIVISION: On the ground floor are the other bedrooms, all with en-suite bathrooms, three of them with large wardrobes and the master bedroom with dressing area. In addition, a space for a small gym, a laundry room and a storage room (which are more connected to the sanitary area) have been provided on this floor.

The ground floor is connected to the roof via an external metal staircase. As on the upper floor, all rooms are connected via a green outdoor corridor. On the first floor is the day area, consisting of a living-dining-kitchen space, which is also directly connected to the outdoor terraces. Furthermore, on this floor we find a bedroom with en-suite bathroom and a study (directly connected to the car park via an external staircase).

All rooms are connected by an exterior corridor with vegetation to allow better integration into the wooded character of the property. On this floor there is also a south-east facing swimming pool with a beach area and the associated outdoor terrace. EQUIPMENT (PROJECT): Swimming pool 52m2 Garage 45,75m2 Veranda 69,60m2 Solar panels The construction consists of a foundation with supporting foundations, floor slabs, beams and reinforced concrete columns.

Flat roof thermally insulated and waterproofed with Water-Stop foil. 32 cm thick façade cladding consisting of a thermal insulation system for the exterior of type SATE H-20 brick masonry, thermal insulation between the panels with 45 mm thick rock wool in an air chamber, with a double plasterboard panel on the inside of the PLADUR type or similar (12 mm per panel) Interior partitions made of double plasterboard of the PLADUR type or similar (12 mm per panel), with internal sound insulation.

Interior carpentry for doors and cabinets in MDF with oak veneer/matt white lacquered oak/matt white lacquered. Windows with aluminum joinery, double glazing, sound and thermal insulation. Main door in iroko wood. Exterior stainless steel railings with rust protection and matt white lacquered finish
This building plot in Son Vida is one of the few remaining plots offering excellent opportunities for the construction of a luxury villa in a premium location. A basic project for the construction has already been submitted to the municipality of Palma, which can be modified as desired before obtaining the building licence.

The plot is on a steep slope overlooking the entire bay of Palma. Due to this slope, the building will consist of several semi-subterranean floors. On the neighbouring plot there is a protected green area on which no other house may be built. Due to the geometry of the plot, the project is divided into several east-facing storeys.

DIVISION: On the ground floor are the other bedrooms, all with en-suite bathrooms, three of them with large wardrobes and the master bedroom with dressing area. In addition, a space for a small gym, a laundry room and a storage room (which are more connected to the sanitary area) have been provided on this floor.

The ground floor is connected to the roof via an external metal staircase. As on the upper floor, all rooms are connected via a green outdoor corridor. On the first floor is the day area, consisting of a living-dining-kitchen space, which is also directly connected to the outdoor terraces. Furthermore, on this floor we find a bedroom with en-suite bathroom and a study (directly connected to the car park via an external staircase).

All rooms are connected by an exterior corridor with vegetation to allow better integration into the wooded character of the property. On this floor there is also a south-east facing swimming pool with a beach area and the associated outdoor terrace. EQUIPMENT (PROJECT): Swimming pool 52m2 Garage 45,75m2 Veranda 69,60m2 Solar panels The construction consists of a foundation with supporting foundations, floor slabs, beams and reinforced concrete columns.

Flat roof thermally insulated and waterproofed with Water-Stop foil. 32 cm thick façade cladding consisting of a thermal insulation system for the exterior of type SATE H-20 brick masonry, thermal insulation between the panels with 45 mm thick rock wool in an air chamber, with a double plasterboard panel on the inside of the PLADUR type or similar (12 mm per panel) Interior partitions made of double plasterboard of the PLADUR type or similar (12 mm per panel), with internal sound insulation.

Interior carpentry for doors and cabinets in MDF with oak veneer/matt white lacquered oak/matt white lacquered. Windows with aluminum joinery, double glazing, sound and thermal insulation. Main door in iroko wood. Exterior stainless steel railings with rust protection and matt white lacquered finish
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Property on Map

#SAE1744

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 €3,500,000 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
€3,500,000 £2,911,580 £3,012,170 £100,590
Property Price € €3,500,000
Minimum cost in the last six months £2,911,580
Maximum cost in the last six months £3,012,170
Fluctuating exchange rates over the last six months could have increased the cost of this property by £100,590

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 €3,500,000 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
€3,500,000 £2,911,580 £3,012,170 £100,590
Property Price € €3,500,000
Minimum cost in the last six months £2,911,580
Maximum cost in the last six months £3,012,170
Fluctuating exchange rates over the last six months could have increased the cost of this property by £100,590

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 £100,590 more.

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