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Construction project for apartments with large communal area with pool and green areas in Sa Coma, a coastal town in the east of Mallorca, located between Porto Christo and Cala Millor, a few meters from the beach, surrounded by coves with crystal clear turquoise waters, cliffs and golf courses
Sa Coma, Mallorca, Spain
REF: 908056
€382,000
Description
Construction project for apartments with large communal area with pool and green areas in Sa Coma, a coastal town in the east of Mallorca, located between Porto Christo and Cala Millor, a few meters from the beach, surrounded by coves with crystal clear turquoise waters, cliffs and golf courses. Offered are 29 apartments with 2 or 3 bedrooms and 2 bathrooms, which are equipped differently depending on the floor. Thus, the first floor apartments will each have a large garden and terrace, the middle floors will have a spacious terrace and top floors will have a large semi-covered roof terrace with barbecue and whirlpool pre-installations. The community will have both a swimming pool for adults and one for children, a jacuzzi, a playground and green areas, and all apartments will have aerothermal air conditioning, underfloor heating in the bathrooms and either a parking space in the outdoor area or an underground parking space with storage. The apartments will have a built-up area from 97 m to 253 m and will cost between 335,000 and 616,000. The handover of keys is scheduled for mid-April 2024.
Construction project for apartments with large communal area with pool and green areas in Sa Coma, a coastal town in the east of Mallorca, located between Porto Christo and Cala Millor, a few meters from the beach, surrounded by coves with crystal clear turquoise waters, cliffs and golf courses. Offered are 29 apartments with 2 or 3 bedrooms and 2 bathrooms, which are equipped differently depending on the floor. Thus, the first floor apartments will each have a large garden and terrace, the middle floors will have a spacious terrace and top floors will have a large semi-covered roof terrace with barbecue and whirlpool pre-installations. The community will have both a swimming pool for adults and one for children, a jacuzzi, a playground and green areas, and all apartments will have aerothermal air conditioning, underfloor heating in the bathrooms and either a parking space in the outdoor area or an underground parking space with storage. The apartments will have a built-up area from 97 m to 253 m and will cost between 335,000 and 616,000. The handover of keys is scheduled for mid-April 2024.
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Currency Exchange
Sa Coma, 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 €382,000 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 |
|---|---|---|---|
| €382,000 | £316,414 | £328,310 | £11,895 |
| Property Price € | €382,000 |
| Minimum cost in the last six months | £316,414 |
| Maximum cost in the last six months | £328,310 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,895 |
Sa Coma, 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 €382,000 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 |
|---|---|---|---|
| €382,000 | £316,414 | £328,310 | £11,895 |
| Property Price € | €382,000 |
| Minimum cost in the last six months | £316,414 |
| Maximum cost in the last six months | £328,310 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,895 |
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 £11,895 more.
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