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Rustic Menorcan finca of 112 hectares near Alaior
Alaior, Spain
REF: 900295
€3,600,000
Description
AUTHENTIC RUSTIC MENORCAN FINCA All the typical Menorcan elements come together in this beautiful 112-hectare estate located near Alaior. The property contains three U-shaped terraced buildings, materialising an open courtyard through which the house is accessed. The house is divided into three buildings: One of them is a real defence tower with an approximate area of 80 m2, a second on the ground floor and porch with an area of 440 m2, and another annex, also on the ground floor, of 28 m2. It has 3 bedrooms, two of them with a small dressing room, large kitchen, dining room, typical 'porxada', cheese factory and garage. Very close to the house there are two annexes that are currently used as a grain warehouse and several complementary constructions: Boyera and warehouse of 400 m2 and garage of 86 m2 as well as a stable of 103 m2 as well as another construction of 40 m2. The property has electricity and its own cistern equipped with a pump and cistern to collect rainwater. On the 112 hectares of land that surround the estate there is a megalithic village of great beauty and scenic interest. This is a magnificent opportunity to acquire an authentic Menorcan finca with unique and beautiful characteristics. We highly recommend your visit. #ref:2560
AUTHENTIC RUSTIC MENORCAN FINCA All the typical Menorcan elements come together in this beautiful 112-hectare estate located near Alaior. The property contains three U-shaped terraced buildings, materialising an open courtyard through which the house is accessed. The house is divided into three buildings: One of them is a real defence tower with an approximate area of 80 m2, a second on the ground floor and porch with an area of 440 m2, and another annex, also on the ground floor, of 28 m2. It has 3 bedrooms, two of them with a small dressing room, large kitchen, dining room, typical 'porxada', cheese factory and garage. Very close to the house there are two annexes that are currently used as a grain warehouse and several complementary constructions: Boyera and warehouse of 400 m2 and garage of 86 m2 as well as a stable of 103 m2 as well as another construction of 40 m2. The property has electricity and its own cistern equipped with a pump and cistern to collect rainwater. On the 112 hectares of land that surround the estate there is a megalithic village of great beauty and scenic interest. This is a magnificent opportunity to acquire an authentic Menorcan finca with unique and beautiful characteristics. We highly recommend your visit. #ref:2560
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Property on Map
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 €3,600,000 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 |
|---|---|---|---|
| €3,600,000 | £2,981,916 | £3,094,020 | £112,104 |
| Property Price € | €3,600,000 |
| Minimum cost in the last six months | £2,981,916 |
| Maximum cost in the last six months | £3,094,020 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £112,104 |
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 €3,600,000 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 |
|---|---|---|---|
| €3,600,000 | £2,981,916 | £3,094,020 | £112,104 |
| Property Price € | €3,600,000 |
| Minimum cost in the last six months | £2,981,916 |
| Maximum cost in the last six months | £3,094,020 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £112,104 |
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 £112,104 more.
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