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Wonderful villa with a tourist license, well located just a few minutes' walk from the sea and a short distance from the Cap d'Artrutx lighthouse and the Cala'n Bosch lake
Ciutadella, Menorca, Spain
REF: 934618
€850,000
Description
Wonderful villa with a tourist license, well located just a few minutes' walk from the sea and a short distance from the Cap d'Artrutx lighthouse and the Cala'n Bosch lake. The house, distributed on one floor, consists of 3 double bedrooms, a bathroom, a living-dining room with air conditioning and an open kitchen. The house has also a large covered L-shaped terrace where you can spend time with the family and friends or rest in the fresh air; Several spaces for sunbathing and eating outdoors and a large pool (10mx5m) complete the outdoor area. From here we have access to the upper terrace through some beautiful stairs to enjoy fantastic views of the sea. Attached to the chalet there is an annexe building with space for the washing machine, a bathroom with shower and a multipurpose space with an old kitchen and oven. This comfortable property is perfect to be enjoyed at different times of the year or to be rented as it has a valid tourist license. Located just a short walk from the popular area of Cala n Bosch you will find a great selection of restaurants, bars and a variety of entertainment. Contact us and we will inform you. #ref:T1588
Wonderful villa with a tourist license, well located just a few minutes' walk from the sea and a short distance from the Cap d'Artrutx lighthouse and the Cala'n Bosch lake. The house, distributed on one floor, consists of 3 double bedrooms, a bathroom, a living-dining room with air conditioning and an open kitchen. The house has also a large covered L-shaped terrace where you can spend time with the family and friends or rest in the fresh air; Several spaces for sunbathing and eating outdoors and a large pool (10mx5m) complete the outdoor area. From here we have access to the upper terrace through some beautiful stairs to enjoy fantastic views of the sea. Attached to the chalet there is an annexe building with space for the washing machine, a bathroom with shower and a multipurpose space with an old kitchen and oven. This comfortable property is perfect to be enjoyed at different times of the year or to be rented as it has a valid tourist license. Located just a short walk from the popular area of Cala n Bosch you will find a great selection of restaurants, bars and a variety of entertainment. Contact us and we will inform you. #ref:T1588
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Currency Exchange
Ciutadella, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £730,533 | £30,218 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,218 |
Ciutadella, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £730,533 | £30,218 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,218 |
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 £30,218 more.
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