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We present this country property located in a unique spot in the Menorcan countryside with an area of 200,000m2 of land and various buildings that offer multiple possibilities to future buyers
Alaior, Menorca, Spain
REF: 934614
€2,400,000
Description
We present this country property located in a unique spot in the Menorcan countryside with an area of 200,000m2 of land and various buildings that offer multiple possibilities to future buyers. The main house, which has a spacious living-dining room, open plan kitchen, 4 bedrooms and two bathrooms, was an old barn that was legalised to become what it is today; there is access to a spacious terrace on one side and the typical stone patio with the pool and a summer kitchen with barbecue on the other. The other buildings, located on the other side of the courtyard, have different uses: from a guest house with bathroom and kitchen, a garage, chicken coops, a storage room with an upper terrace enjoying spectacular views of the countryside with the sea in the distance and a stable also converted into a studio/workshop with high ceilings and many windows to make the most of the sunlight. The property is self-sufficient thanks to its own well and a water tank, as well as solar panels that guarantee a sustainable energy supply. It has a vegetable garden and all kinds of varied vegetation, all very well maintained. It is an ideal place to enjoy with family and friends, or even to host small events such as weddings and other special celebrations. You won't find a place with more tranquillity and privacy. Contact us for more details. #ref:T1676
We present this country property located in a unique spot in the Menorcan countryside with an area of 200,000m2 of land and various buildings that offer multiple possibilities to future buyers. The main house, which has a spacious living-dining room, open plan kitchen, 4 bedrooms and two bathrooms, was an old barn that was legalised to become what it is today; there is access to a spacious terrace on one side and the typical stone patio with the pool and a summer kitchen with barbecue on the other. The other buildings, located on the other side of the courtyard, have different uses: from a guest house with bathroom and kitchen, a garage, chicken coops, a storage room with an upper terrace enjoying spectacular views of the countryside with the sea in the distance and a stable also converted into a studio/workshop with high ceilings and many windows to make the most of the sunlight. The property is self-sufficient thanks to its own well and a water tank, as well as solar panels that guarantee a sustainable energy supply. It has a vegetable garden and all kinds of varied vegetation, all very well maintained. It is an ideal place to enjoy with family and friends, or even to host small events such as weddings and other special celebrations. You won't find a place with more tranquillity and privacy. Contact us for more details. #ref:T1676
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Currency Exchange
Alaior, Menorca, 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 €2,400,000 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 |
|---|---|---|---|
| €2,400,000 | £1,977,360 | £2,062,680 | £85,320 |
| Property Price € | €2,400,000 |
| Minimum cost in the last six months | £1,977,360 |
| Maximum cost in the last six months | £2,062,680 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £85,320 |
Alaior, Menorca, 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 €2,400,000 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 |
|---|---|---|---|
| €2,400,000 | £1,977,360 | £2,062,680 | £85,320 |
| Property Price € | €2,400,000 |
| Minimum cost in the last six months | £1,977,360 |
| Maximum cost in the last six months | £2,062,680 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £85,320 |
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 £85,320 more.
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