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Rustic Menorcan finca near Alaior
Alaior, Spain
REF: 900267
€3,573,000
Description
Authentic rustic Menorcan finca in the middle of the countryside with more than 50 hectares of land. The estate has several buildings that add up to more than 1,200 m2 and that are distributed between two houses (the manor house plus the peasant house and other buildings such as stables, storage rooms, etc.) The structural condition of the houses is good and preserves intact its original elements that make it unique and special. The finca is located just a few minutes from Alaior. It enjoys privacy and offers many possibilities. Do you want to visit it? #ref:4046
Authentic rustic Menorcan finca in the middle of the countryside with more than 50 hectares of land. The estate has several buildings that add up to more than 1,200 m2 and that are distributed between two houses (the manor house plus the peasant house and other buildings such as stables, storage rooms, etc.) The structural condition of the houses is good and preserves intact its original elements that make it unique and special. The finca is located just a few minutes from Alaior. It enjoys privacy and offers many possibilities. Do you want to visit it? #ref:4046
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Currency Exchange
Alaior, 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 €3,573,000 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 |
|---|---|---|---|
| €3,573,000 | £2,959,552 | £3,070,815 | £111,263 |
| Property Price € | €3,573,000 |
| Minimum cost in the last six months | £2,959,552 |
| Maximum cost in the last six months | £3,070,815 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £111,263 |
Alaior, 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 €3,573,000 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 |
|---|---|---|---|
| €3,573,000 | £2,959,552 | £3,070,815 | £111,263 |
| Property Price € | €3,573,000 |
| Minimum cost in the last six months | £2,959,552 |
| Maximum cost in the last six months | £3,070,815 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £111,263 |
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 £111,263 more.
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