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An unparalleled chance to acquire a premium property in Ibiza's most coveted area, offering incredible upside potential
Eivissa, Ibiza, Spain, 07819
REF: 939640
€3,850,000
Description
An unparalleled chance to acquire a premium property in Ibiza's most coveted area, offering incredible upside potential. Nestled on a generous 1,200 m plot, this estate features a 310 m residence with four bedrooms and a large swimming pool. Residents may revel in panoramic views of the sparkling sea, the iconic Dalt Vila, and the stunning island of Formentera from every corner of the property. Though the home has been cherished as a family residence for the past 20 years, it offers exciting opportunities for modernization. A detailed architectural study has been conducted, showcasing the potential for a legal expansion, allowing for the extension of the property to approximately 600 m providing abundant space for future luxury enhancements. This is a rare and extraordinary opportunity for those seeking to create a bespoke home in one of Ibiza s most exclusive locations. Contact us today to arrange an immediate viewing.
An unparalleled chance to acquire a premium property in Ibiza's most coveted area, offering incredible upside potential. Nestled on a generous 1,200 m plot, this estate features a 310 m residence with four bedrooms and a large swimming pool. Residents may revel in panoramic views of the sparkling sea, the iconic Dalt Vila, and the stunning island of Formentera from every corner of the property. Though the home has been cherished as a family residence for the past 20 years, it offers exciting opportunities for modernization. A detailed architectural study has been conducted, showcasing the potential for a legal expansion, allowing for the extension of the property to approximately 600 m providing abundant space for future luxury enhancements. This is a rare and extraordinary opportunity for those seeking to create a bespoke home in one of Ibiza s most exclusive locations. Contact us today to arrange an immediate viewing.
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Property on Map
Currency Exchange
Eivissa, Ibiza, Spain, 07819
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 €3,850,000 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 |
|---|---|---|---|
| €3,850,000 | £3,172,015 | £3,342,147 | £170,132 |
| Property Price € | €3,850,000 |
| Minimum cost in the last six months | £3,172,015 |
| Maximum cost in the last six months | £3,342,147 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £170,132 |
Eivissa, Ibiza, Spain, 07819
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 €3,850,000 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 |
|---|---|---|---|
| €3,850,000 | £3,172,015 | £3,342,147 | £170,132 |
| Property Price € | €3,850,000 |
| Minimum cost in the last six months | £3,172,015 |
| Maximum cost in the last six months | £3,342,147 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £170,132 |
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 £170,132 more.
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