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House with large terrace and sea views in Fornells
Es Mercadal, Spain
REF: 897132
€532,200
Description
Are you looking for a house in one of the best places on the coast of Menorca? Fornells is a fishing village on the north coast of the island, one of the most beautiful and authentic villages on the island with a magnificent port that you can see sitting on the terrace of this beautiful house. The house has a separate entrance from the street and is distributed on the first and second floors. On the ground floor there is a living-dining room with access to a terrace, a separate kitchen, a laundry room, 3 bedrooms and a bathroom. On the upper floor we find a large attic room with high ceilings with exposed beams, very bright and with access through a large window to one of the best areas of the house: a large solarium-type terrace with beautiful views of the bay of Fornells. The upper floor is completed by two further double bedrooms and a bathroom. The property is in good condition, very well maintained and ready to move into. It is located in a very quiet area of Fornells. Do you want to visit it? #ref:4391
Are you looking for a house in one of the best places on the coast of Menorca? Fornells is a fishing village on the north coast of the island, one of the most beautiful and authentic villages on the island with a magnificent port that you can see sitting on the terrace of this beautiful house. The house has a separate entrance from the street and is distributed on the first and second floors. On the ground floor there is a living-dining room with access to a terrace, a separate kitchen, a laundry room, 3 bedrooms and a bathroom. On the upper floor we find a large attic room with high ceilings with exposed beams, very bright and with access through a large window to one of the best areas of the house: a large solarium-type terrace with beautiful views of the bay of Fornells. The upper floor is completed by two further double bedrooms and a bathroom. The property is in good condition, very well maintained and ready to move into. It is located in a very quiet area of Fornells. Do you want to visit it? #ref:4391
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Currency Exchange
Es Mercadal, 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 €532,200 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 |
|---|---|---|---|
| €532,200 | £440,827 | £457,399 | £16,573 |
| Property Price € | €532,200 |
| Minimum cost in the last six months | £440,827 |
| Maximum cost in the last six months | £457,399 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,573 |
Es Mercadal, 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 €532,200 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 |
|---|---|---|---|
| €532,200 | £440,827 | £457,399 | £16,573 |
| Property Price € | €532,200 |
| Minimum cost in the last six months | £440,827 |
| Maximum cost in the last six months | £457,399 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,573 |
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 £16,573 more.
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