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Dreamlike property: Luxurious living just 10 minutes from Palma
Establiments, Spain
REF: 892403
€1,440,000
Description
An exceptional property is for sale, renovated with natural materials and great attention to detail. A large, weathered iron gate leads to the main fa ade of the property and the adjacent buildings. The impressive Mediterranean garden adorns the entrance area and the pool, creating a peaceful and relaxing atmosphere. The original windows open and connect the kitchen with its striking sink, the stone wall and the living room to form a harmonious space. Thanks to the high ceilings, there is also a versatile attic. The property has three elegant and serene bedrooms, one of which can be designed according to the buyer's ideas. A picturesque hallway connects the guest house to the rear outdoor area, where the technical room, laundry room with bathroom and a terrace overlooking the countryside are located. The small guest house offers another room or office, depending on the buyer's wishes. The luxury of this house lies in living in the middle of nature and yet being only ten minutes away from Palma. Of particular note is the excellently insulated roof, already prepared for the installation of a fireplace, and the environmental sustainability of all the paints and materials used. All heating and cooling of the property is provided by natural stone underfloor heating, which is prepared for operation with aerothermal energy. #ref:CBPM295
An exceptional property is for sale, renovated with natural materials and great attention to detail. A large, weathered iron gate leads to the main fa ade of the property and the adjacent buildings. The impressive Mediterranean garden adorns the entrance area and the pool, creating a peaceful and relaxing atmosphere. The original windows open and connect the kitchen with its striking sink, the stone wall and the living room to form a harmonious space. Thanks to the high ceilings, there is also a versatile attic. The property has three elegant and serene bedrooms, one of which can be designed according to the buyer's ideas. A picturesque hallway connects the guest house to the rear outdoor area, where the technical room, laundry room with bathroom and a terrace overlooking the countryside are located. The small guest house offers another room or office, depending on the buyer's wishes. The luxury of this house lies in living in the middle of nature and yet being only ten minutes away from Palma. Of particular note is the excellently insulated roof, already prepared for the installation of a fireplace, and the environmental sustainability of all the paints and materials used. All heating and cooling of the property is provided by natural stone underfloor heating, which is prepared for operation with aerothermal energy. #ref:CBPM295
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Currency Exchange
Establiments, 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 €1,440,000 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 |
|---|---|---|---|
| €1,440,000 | £1,192,766 | £1,237,608 | £44,842 |
| Property Price € | €1,440,000 |
| Minimum cost in the last six months | £1,192,766 |
| Maximum cost in the last six months | £1,237,608 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £44,842 |
Establiments, 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 €1,440,000 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 |
|---|---|---|---|
| €1,440,000 | £1,192,766 | £1,237,608 | £44,842 |
| Property Price € | €1,440,000 |
| Minimum cost in the last six months | £1,192,766 |
| Maximum cost in the last six months | £1,237,608 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £44,842 |
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 £44,842 more.
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