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For sale is a rustic plot in a natural location in Marratxinet with excellent connections to Santa Maria and Palma
Marratxí, Mallorca, Spain
REF: 901782
€850,000
Description
For sale is a rustic plot in a natural location in Marratxinet with excellent connections to Santa Maria and Palma. The T-shaped plot has a surface area of 21,432m2. A project for the construction of a modern finca has already been approved and the building license will be issued shortly. The project envisages the following construction parameters for your future finca: 4 bedrooms 4 bathrooms Swimming pool 35m2 Terrace 73,06,m2 Porch 59,36m2 Fitness area Guest WC Laundry room Further information and documents on the visualized and still modifiable building project on request. EQUIPMENT: Luxury kitchen swimming pool Underfloor heating air conditioning Terrace areas veranda fitness area garden Laundry room Guest WC Septic tank
For sale is a rustic plot in a natural location in Marratxinet with excellent connections to Santa Maria and Palma. The T-shaped plot has a surface area of 21,432m2. A project for the construction of a modern finca has already been approved and the building license will be issued shortly. The project envisages the following construction parameters for your future finca: 4 bedrooms 4 bathrooms Swimming pool 35m2 Terrace 73,06,m2 Porch 59,36m2 Fitness area Guest WC Laundry room Further information and documents on the visualized and still modifiable building project on request. EQUIPMENT: Luxury kitchen swimming pool Underfloor heating air conditioning Terrace areas veranda fitness area garden Laundry room Guest WC Septic tank
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Currency Exchange
Marratxí, Mallorca, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
Marratxí, Mallorca, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
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 £26,469 more.
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