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Would you like to live in the historic centre of the town, surrounded by the charm of its streets and corners and a step away from all its amenities? You will love this ground floor house! Accessed from the street through the private staircase, we find ourselves on the completely renovated ground f
Alaior, Menorca, Spain
REF: 936531
€265,000
Description
Would you like to live in the historic centre of the town, surrounded by the charm of its streets and corners and a step away from all its amenities? You will love this ground floor house! Accessed from the street through the private staircase, we find ourselves on the completely renovated ground floor, where we are welcomed by a bright living-dining room with a pellet stove and access to a pleasant interior terrace; the fully fitted kitchen-dining room also with access to the same terrace and another smaller one; a very spacious bedroom, a bathroom with shower and a small storage room. From the living room up an original staircase, the upper floor allows your imagination to run wild, renovating it to your liking, choosing the layout and materials that you prefer and give it your personal touch. It currently has two bedrooms, one of them very large, both with access to a bathroom. On this floor there is also a small terrace with a utility cupboard. Contact us to arrange a visit, we are sure you will be pleasantly surprised. #ref:T1750
Would you like to live in the historic centre of the town, surrounded by the charm of its streets and corners and a step away from all its amenities? You will love this ground floor house! Accessed from the street through the private staircase, we find ourselves on the completely renovated ground floor, where we are welcomed by a bright living-dining room with a pellet stove and access to a pleasant interior terrace; the fully fitted kitchen-dining room also with access to the same terrace and another smaller one; a very spacious bedroom, a bathroom with shower and a small storage room. From the living room up an original staircase, the upper floor allows your imagination to run wild, renovating it to your liking, choosing the layout and materials that you prefer and give it your personal touch. It currently has two bedrooms, one of them very large, both with access to a bathroom. On this floor there is also a small terrace with a utility cupboard. Contact us to arrange a visit, we are sure you will be pleasantly surprised. #ref:T1750
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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 €265,000 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 |
|---|---|---|---|
| €265,000 | £218,334 | £227,754 | £9,421 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £218,334 |
| Maximum cost in the last six months | £227,754 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,421 |
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 €265,000 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 |
|---|---|---|---|
| €265,000 | £218,334 | £227,754 | £9,421 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £218,334 |
| Maximum cost in the last six months | £227,754 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,421 |
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 £9,421 more.
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