Entire house for sale in the centre of Mahón consisting of basement, ground floor which is a commercial premises with a kitchen and small patio at the back, the first floor and second floor house with its independent entrance

Mahón / Maó, Menorca, Spain, 07701

For Sale

€530,250

REF: 934558 €530,250


4

3

298 m2

112 m2

Description

Entire house for sale in the centre of Mahón consisting of basement, ground floor which is a commercial premises with a kitchen and small patio at the back, the first floor and second floor house with its independent entrance. The property was modernised a few years ago but original elements such as floors and much of the interior carpentry were left, there is oil central heating which feeds radiators and also air conditioning by means of a heat pump.

There are many possible combinations, one is the possibility to keep the premises as such or to incorporate its surface into the property, or even to transform it into an independent ground floor house. #ref:V3122
Entire house for sale in the centre of Mahón consisting of basement, ground floor which is a commercial premises with a kitchen and small patio at the back, the first floor and second floor house with its independent entrance. The property was modernised a few years ago but original elements such as floors and much of the interior carpentry were left, there is oil central heating which feeds radiators and also air conditioning by means of a heat pump.

There are many possible combinations, one is the possibility to keep the premises as such or to incorporate its surface into the property, or even to transform it into an independent ground floor house. #ref:V3122
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Property on Map

#V3122

Currency Exchange

Mahón / Maó, Menorca, Spain, 07701

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 €530,250 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
€530,250 £436,873 £455,723 £18,850
Property Price € €530,250
Minimum cost in the last six months £436,873
Maximum cost in the last six months £455,723
Fluctuating exchange rates over the last six months could have increased the cost of this property by £18,850

Mahón / Maó, Menorca, Spain, 07701

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 €530,250 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
€530,250 £436,873 £455,723 £18,850
Property Price € €530,250
Minimum cost in the last six months £436,873
Maximum cost in the last six months £455,723
Fluctuating exchange rates over the last six months could have increased the cost of this property by £18,850

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 £18,850 more.

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