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Lovely villa with pool and tourist licence in Binibeca
Binibeca Nou, Spain, 0771
REF: 897045
€950,000
Description
Exceptional villa with tourist license in Binibeca Nou, a few steps from the beach, in an area of absolute tranquillity. This villa, located on a large plot of more than 800 m , has a well-kept garden that surrounds the entire house. Its Mediterranean architecture has been designed for easy maintenance, offering multiple outdoor spaces to enjoy the island's climate. These include a main patio with direct access to the garage, several terraces ideal for lounging, a sun lounger area by the pool and a barbecue area. Outside, in addition to its magnificent swimming pool, there is a large porch-type terrace connected to the bathing area, as well as a terrace on the upper floor with partial views of the sea. The interior, distributed over two floors, offers a separate kitchen with an office area, a guest toilet, a cosy living-dining room with fireplace, three bedrooms (one of them with an en-suite bathroom and dressing room), and a laundry room with access to a drying area. On the upper floor there is a fourth bedroom with a full bathroom and access to a private terrace. The garage, located on the ground floor, can accommodate two vehicles. The house has air conditioning in most of its rooms. Thanks to its tourist license, this property is successfully rented out during the summer season, guaranteeing a high profitability. Whether as an investment or as a family residence to enjoy the tranquillity of Menorca, this villa is a unique opportunity. #ref:4895
Exceptional villa with tourist license in Binibeca Nou, a few steps from the beach, in an area of absolute tranquillity. This villa, located on a large plot of more than 800 m , has a well-kept garden that surrounds the entire house. Its Mediterranean architecture has been designed for easy maintenance, offering multiple outdoor spaces to enjoy the island's climate. These include a main patio with direct access to the garage, several terraces ideal for lounging, a sun lounger area by the pool and a barbecue area. Outside, in addition to its magnificent swimming pool, there is a large porch-type terrace connected to the bathing area, as well as a terrace on the upper floor with partial views of the sea. The interior, distributed over two floors, offers a separate kitchen with an office area, a guest toilet, a cosy living-dining room with fireplace, three bedrooms (one of them with an en-suite bathroom and dressing room), and a laundry room with access to a drying area. On the upper floor there is a fourth bedroom with a full bathroom and access to a private terrace. The garage, located on the ground floor, can accommodate two vehicles. The house has air conditioning in most of its rooms. Thanks to its tourist license, this property is successfully rented out during the summer season, guaranteeing a high profitability. Whether as an investment or as a family residence to enjoy the tranquillity of Menorca, this villa is a unique opportunity. #ref:4895
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Currency Exchange
Binibeca Nou, Spain, 0771
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 €950,000 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 |
|---|---|---|---|
| €950,000 | £790,286 | £817,589 | £27,303 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £790,286 |
| Maximum cost in the last six months | £817,589 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,303 |
Binibeca Nou, Spain, 0771
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 €950,000 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 |
|---|---|---|---|
| €950,000 | £790,286 | £817,589 | £27,303 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £790,286 |
| Maximum cost in the last six months | £817,589 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,303 |
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 £27,303 more.
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