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Renovated historic building for sale
Ciutat Vella, Spain
REF: 899613
€6,700,000
Description
Renovated Historic Building for Sale This five-story building, dating back to 1828, has been fully renovated to offer comfort and style in the historic center of the Catalan city, next to Plaza Real and La Rambla in Barcelona. In total, it comprises 16 apartments plus a commercial space on the ground floor. The recently renovated building offers one, two, or three-bedroom apartments and a loft-style studio, many of which feature terraces or balconies with street views. There is a communal terrace, totaling 1,470 m including the terraces. The high ceilings and large windows allow natural light to enter, creating bright and welcoming spaces. The finishes and features are of the highest quality, with original hydraulic tile floors and built-in wardrobes. The building is pending the issuance of the LPO by the city council, after which the final horizontal division can be made. #ref:CBES2372
Renovated Historic Building for Sale This five-story building, dating back to 1828, has been fully renovated to offer comfort and style in the historic center of the Catalan city, next to Plaza Real and La Rambla in Barcelona. In total, it comprises 16 apartments plus a commercial space on the ground floor. The recently renovated building offers one, two, or three-bedroom apartments and a loft-style studio, many of which feature terraces or balconies with street views. There is a communal terrace, totaling 1,470 m including the terraces. The high ceilings and large windows allow natural light to enter, creating bright and welcoming spaces. The finishes and features are of the highest quality, with original hydraulic tile floors and built-in wardrobes. The building is pending the issuance of the LPO by the city council, after which the final horizontal division can be made. #ref:CBES2372
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Currency Exchange
Ciutat Vella, 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 €6,700,000 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 |
|---|---|---|---|
| €6,700,000 | £5,549,677 | £5,758,315 | £208,638 |
| Property Price € | €6,700,000 |
| Minimum cost in the last six months | £5,549,677 |
| Maximum cost in the last six months | £5,758,315 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £208,638 |
Ciutat Vella, 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 €6,700,000 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 |
|---|---|---|---|
| €6,700,000 | £5,549,677 | £5,758,315 | £208,638 |
| Property Price € | €6,700,000 |
| Minimum cost in the last six months | £5,549,677 |
| Maximum cost in the last six months | £5,758,315 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £208,638 |
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 £208,638 more.
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