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House and commercial premises in Alaior
Alaior, Spain, 0773
REF: 931266
€590,000
Description
Exceptional multifunctional property in one of the most emblematic squares of Alaior We present you a unique opportunity in the heart of Alaior, in a privileged location that combines history, elegance and multiple possibilities of use. This property stands out for its large private garden and for its imposing and refined fa ade, which adds character and distinction. The property is distributed over several floors, offering spacious and versatile spaces: Ground floor: Currently intended for commercial use, this floor has more than 125 m of surface area, ideal for a local business or even to transform it into a coworking space, gallery or restaurant. Its strategic location in one of the main squares ensures excellent visibility. First floor: With a residential use and an area of 100 m , this floor offers several rooms full of natural light. Its layout can be easily adapted to create a comfortable home, whether as a habitual residence, second home or as a holiday rental. Upper floors and basement: The rest of the building includes multiple meters for storage and a basement, which adds a touch of authenticity to the property and can be used for various uses, such as a wine cellar, storage area or even a cultural space with historical charm. This property is not only distinguished by its commercial and residential potential, but also by the multiple development opportunities it offers. Its flexible configuration allows it to be adapted to different projects, such as the creation of an exclusive home, a business with an integrated residence or even a combination of tourist and commercial uses. The location, in the heart of Alaior, adds incomparable value. It is surrounded by services, shops and has access to the main connections of the island. If you are looking for an investment with character, versatility and an unbeatable location, this property is an exceptional opportunity. Do not hesitate to visit it and discover its full potential! #ref:4978
Exceptional multifunctional property in one of the most emblematic squares of Alaior We present you a unique opportunity in the heart of Alaior, in a privileged location that combines history, elegance and multiple possibilities of use. This property stands out for its large private garden and for its imposing and refined fa ade, which adds character and distinction. The property is distributed over several floors, offering spacious and versatile spaces: Ground floor: Currently intended for commercial use, this floor has more than 125 m of surface area, ideal for a local business or even to transform it into a coworking space, gallery or restaurant. Its strategic location in one of the main squares ensures excellent visibility. First floor: With a residential use and an area of 100 m , this floor offers several rooms full of natural light. Its layout can be easily adapted to create a comfortable home, whether as a habitual residence, second home or as a holiday rental. Upper floors and basement: The rest of the building includes multiple meters for storage and a basement, which adds a touch of authenticity to the property and can be used for various uses, such as a wine cellar, storage area or even a cultural space with historical charm. This property is not only distinguished by its commercial and residential potential, but also by the multiple development opportunities it offers. Its flexible configuration allows it to be adapted to different projects, such as the creation of an exclusive home, a business with an integrated residence or even a combination of tourist and commercial uses. The location, in the heart of Alaior, adds incomparable value. It is surrounded by services, shops and has access to the main connections of the island. If you are looking for an investment with character, versatility and an unbeatable location, this property is an exceptional opportunity. Do not hesitate to visit it and discover its full potential! #ref:4978
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Property on Map
Currency Exchange
Alaior, Spain, 0773
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 €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 |
|---|---|---|---|
| €590,000 | £486,101 | £507,076 | £20,975 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £486,101 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,975 |
Alaior, Spain, 0773
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 €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 |
|---|---|---|---|
| €590,000 | £486,101 | £507,076 | £20,975 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £486,101 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,975 |
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 £20,975 more.
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