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Modern renovated apartment in Portals a few steps from the school
Portals Nous, Mallorca, Spain
REF: 906544
€679,000
Description
Modern renovated apartment in Portals a few steps from the school. This apartment has 3 bedrooms, one of them en suite, furnished, with open kitchen, dining room, bright terrace, garage and storage. In Portals village there are numerous stores and services that cover daily needs, including supermarkets, pharmacies and banks. In addition, there is a wide selection of fine restaurants, bars and cafes. Portals Nous is home to the well-known Agora school and well-equipped medical facilities. Portals Nous is characterized by an upscale and exclusive character, which is especially attractive to the wealthy and celebrities.
Modern renovated apartment in Portals a few steps from the school. This apartment has 3 bedrooms, one of them en suite, furnished, with open kitchen, dining room, bright terrace, garage and storage. In Portals village there are numerous stores and services that cover daily needs, including supermarkets, pharmacies and banks. In addition, there is a wide selection of fine restaurants, bars and cafes. Portals Nous is home to the well-known Agora school and well-equipped medical facilities. Portals Nous is characterized by an upscale and exclusive character, which is especially attractive to the wealthy and celebrities.
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Currency Exchange
Portals Nous, 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 €679,000 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 |
|---|---|---|---|
| €679,000 | £562,422 | £583,567 | £21,144 |
| Property Price € | €679,000 |
| Minimum cost in the last six months | £562,422 |
| Maximum cost in the last six months | £583,567 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,144 |
Portals Nous, 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 €679,000 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 |
|---|---|---|---|
| €679,000 | £562,422 | £583,567 | £21,144 |
| Property Price € | €679,000 |
| Minimum cost in the last six months | £562,422 |
| Maximum cost in the last six months | £583,567 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,144 |
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 £21,144 more.
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