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Discover this apartment in Punta Grossa with tourist licence and a few minutes walk from the beach of Arenal d'en Castell
Es Mercadal, Menorca, Spain
REF: 934624
€385,000
Description
Discover this apartment in Punta Grossa with tourist licence and a few minutes walk from the beach of Arenal d'en Castell. Built on 2 floors, it consists of a large entrance hall with storage cupboard, a bathroom, spacious living-dining area, fully fitted kitchen with breakfast bar and utility area. From the living room we have access to the partly covered terrace through practical sliding doors which bring plenty of light into the room. Upstairs we find the 3 double bedrooms, one of them with access to a pleasant terrace overlooking the pool, and another bathroom. The community has a lovely pool area with artificial grass and each apartment has an outdoor parking space. In addition, this apartment has alarm, air conditioning and heating, tourist licence and is sold furnished. Contact us and arrange a viewing! #ref:T1500
Discover this apartment in Punta Grossa with tourist licence and a few minutes walk from the beach of Arenal d'en Castell. Built on 2 floors, it consists of a large entrance hall with storage cupboard, a bathroom, spacious living-dining area, fully fitted kitchen with breakfast bar and utility area. From the living room we have access to the partly covered terrace through practical sliding doors which bring plenty of light into the room. Upstairs we find the 3 double bedrooms, one of them with access to a pleasant terrace overlooking the pool, and another bathroom. The community has a lovely pool area with artificial grass and each apartment has an outdoor parking space. In addition, this apartment has alarm, air conditioning and heating, tourist licence and is sold furnished. Contact us and arrange a viewing! #ref:T1500
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Currency Exchange
Es Mercadal, 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 €385,000 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 |
|---|---|---|---|
| €385,000 | £317,202 | £330,888 | £13,687 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £317,202 |
| Maximum cost in the last six months | £330,888 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,687 |
Es Mercadal, 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 €385,000 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 |
|---|---|---|---|
| €385,000 | £317,202 | £330,888 | £13,687 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £317,202 |
| Maximum cost in the last six months | £330,888 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,687 |
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 £13,687 more.
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