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Brand new house with stunning views of the island of Formentera, located in an exclusive and quiet area
Ibiza, Baleares, Spain
REF: 896890
€6,000,000
Description
Brand new house with stunning views of the island of Formentera, located in an exclusive and quiet area. The property has 4 spacious bedrooms, each with en-suite bathroom, plus an additional bathroom for added comfort, making a total of 5 bathrooms. On the ground floor there is a spacious garage with capacity for several vehicles, as well as a private cinema room to enjoy the best entertainment at home.Each floor has a private terrace, perfect for enjoying the Mediterranean climate and the spectacular sea views. The jewel of the house is its rooftop terrace, which includes a magnificent terrace with swimming pool, ideal for relaxing and enjoying the panoramic views. With high quality finishes and a modern design, this property offers an exclusive lifestyle, full of comfort and luxury in an unbeatable location.We have many more houses, flats, villas, fincas, commercial premises and land for rent and sale on the island. Thank you for considering us as your real estate agency in Ibiza.
Brand new house with stunning views of the island of Formentera, located in an exclusive and quiet area. The property has 4 spacious bedrooms, each with en-suite bathroom, plus an additional bathroom for added comfort, making a total of 5 bathrooms. On the ground floor there is a spacious garage with capacity for several vehicles, as well as a private cinema room to enjoy the best entertainment at home.Each floor has a private terrace, perfect for enjoying the Mediterranean climate and the spectacular sea views. The jewel of the house is its rooftop terrace, which includes a magnificent terrace with swimming pool, ideal for relaxing and enjoying the panoramic views. With high quality finishes and a modern design, this property offers an exclusive lifestyle, full of comfort and luxury in an unbeatable location.We have many more houses, flats, villas, fincas, commercial premises and land for rent and sale on the island. Thank you for considering us as your real estate agency in Ibiza.
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Currency Exchange
Ibiza, Baleares, 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 €6,000,000 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 |
|---|---|---|---|
| €6,000,000 | £4,991,280 | £5,163,720 | £172,440 |
| Property Price € | €6,000,000 |
| Minimum cost in the last six months | £4,991,280 |
| Maximum cost in the last six months | £5,163,720 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £172,440 |
Ibiza, Baleares, 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 €6,000,000 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 |
|---|---|---|---|
| €6,000,000 | £4,991,280 | £5,163,720 | £172,440 |
| Property Price € | €6,000,000 |
| Minimum cost in the last six months | £4,991,280 |
| Maximum cost in the last six months | £5,163,720 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £172,440 |
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 £172,440 more.
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