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Ground floor flat near the sea in Es Castell
Fonduco, Spain, 0772
REF: 898829
€245,000
Description
Ground floor flat in Es Castell, located in a building on the seafront with direct access to the port from the communal area. Located in one of the quietest areas of Es Castell, this flat is just a few minutes from the centre of the municipality and all essential services. The house has a bright living-dining room, separate kitchen, two bedrooms, both with access to a terrace, a bathroom and a laundry room. In addition, the property has an outdoor area with parking. This is an excellent opportunity to live in a privileged environment, enjoying the tranquillity and charm of Es Castell, with the sea and all services just a stone's throw away. Ideal both as a permanent residence or as an investment to enjoy the beauty of Menorca. #ref:4870
Ground floor flat in Es Castell, located in a building on the seafront with direct access to the port from the communal area. Located in one of the quietest areas of Es Castell, this flat is just a few minutes from the centre of the municipality and all essential services. The house has a bright living-dining room, separate kitchen, two bedrooms, both with access to a terrace, a bathroom and a laundry room. In addition, the property has an outdoor area with parking. This is an excellent opportunity to live in a privileged environment, enjoying the tranquillity and charm of Es Castell, with the sea and all services just a stone's throw away. Ideal both as a permanent residence or as an investment to enjoy the beauty of Menorca. #ref:4870
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Currency Exchange
Fonduco, Spain, 0772
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 €245,000 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 |
|---|---|---|---|
| €245,000 | £203,691 | £210,852 | £7,161 |
| Property Price € | €245,000 |
| Minimum cost in the last six months | £203,691 |
| Maximum cost in the last six months | £210,852 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,161 |
Fonduco, Spain, 0772
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 €245,000 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 |
|---|---|---|---|
| €245,000 | £203,691 | £210,852 | £7,161 |
| Property Price € | €245,000 |
| Minimum cost in the last six months | £203,691 |
| Maximum cost in the last six months | £210,852 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,161 |
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 £7,161 more.
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