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Rustic property of 50 hectares with agrotourism license in the centre of Menorca
Es Mercadal, Spain
REF: 900296
€1,590,000
Description
We present this rustic finca strategically located ten minutes from the beaches of the North and South of the island. On a 50-hectare estate, there are organic crops and beautiful wooded areas with wonderful views and Talayotic remains. On the estate there is a house and two apartments, all with an agrotourism license. The perfectly equipped apartments are tastefully decorated and have hot/cold air conditioning, a kitchen, a double bedroom with an en-suite bathroom and a kitchen. There is internet connection in all buildings, our own water treatment plant and a licensed project for a large swimming pool. The exterior of the house is surrounded by beautiful terraces and original recovered elements such as the traditional wood-fired oven. Countryside and centuries-old trees complete the beautiful landscape of this unique estate. Ideal to enjoy a beautiful finca in a privileged environment, or to give it an agricultural/tourist use with the possibility of building related buildings. Perfect for those who wish to explore the natural treasures of Menorca, we recommend a visit in the confidence that it will take your breath away. #ref:2548
We present this rustic finca strategically located ten minutes from the beaches of the North and South of the island. On a 50-hectare estate, there are organic crops and beautiful wooded areas with wonderful views and Talayotic remains. On the estate there is a house and two apartments, all with an agrotourism license. The perfectly equipped apartments are tastefully decorated and have hot/cold air conditioning, a kitchen, a double bedroom with an en-suite bathroom and a kitchen. There is internet connection in all buildings, our own water treatment plant and a licensed project for a large swimming pool. The exterior of the house is surrounded by beautiful terraces and original recovered elements such as the traditional wood-fired oven. Countryside and centuries-old trees complete the beautiful landscape of this unique estate. Ideal to enjoy a beautiful finca in a privileged environment, or to give it an agricultural/tourist use with the possibility of building related buildings. Perfect for those who wish to explore the natural treasures of Menorca, we recommend a visit in the confidence that it will take your breath away. #ref:2548
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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 €1,590,000 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 |
|---|---|---|---|
| €1,590,000 | £1,321,910 | £1,368,386 | £46,476 |
| Property Price € | €1,590,000 |
| Minimum cost in the last six months | £1,321,910 |
| Maximum cost in the last six months | £1,368,386 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,476 |
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 €1,590,000 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 |
|---|---|---|---|
| €1,590,000 | £1,321,910 | £1,368,386 | £46,476 |
| Property Price € | €1,590,000 |
| Minimum cost in the last six months | £1,321,910 |
| Maximum cost in the last six months | £1,368,386 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,476 |
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 £46,476 more.
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