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Frontline apartment for sale in Punta Prima
Biniancolla - Punta Prima, Spain
REF: 945753
€395,000
Description
Are you looking for a refurbishment project with undisputed sea views? Don't miss this flat for sale in Punta Prima, exclusively with Portal Menorca. It has a constructed area of approximately 60 m and a plot of 220 m , comprising two bedrooms, living room, kitchen and a bathroom. However, it offers you the ideal option to remodel these spaces to your liking and enjoy a unique enclave in front of the sea. The rear part of the property stands out for having a large patio, with space for a pleasant garden and parking area. The building cannot be extended and the area is suitable for commercial and restaurant use. The construction of a small swimming pool is allowed. Shall we arrange a visit? #ref:S3377
Are you looking for a refurbishment project with undisputed sea views? Don't miss this flat for sale in Punta Prima, exclusively with Portal Menorca. It has a constructed area of approximately 60 m and a plot of 220 m , comprising two bedrooms, living room, kitchen and a bathroom. However, it offers you the ideal option to remodel these spaces to your liking and enjoy a unique enclave in front of the sea. The rear part of the property stands out for having a large patio, with space for a pleasant garden and parking area. The building cannot be extended and the area is suitable for commercial and restaurant use. The construction of a small swimming pool is allowed. Shall we arrange a visit? #ref:S3377
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Currency Exchange
Biniancolla - Punta Prima, 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 €395,000 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 |
|---|---|---|---|
| €395,000 | £325,441 | £334,206 | £8,765 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £325,441 |
| Maximum cost in the last six months | £334,206 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,765 |
Biniancolla - Punta Prima, 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 €395,000 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 |
|---|---|---|---|
| €395,000 | £325,441 | £334,206 | £8,765 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £325,441 |
| Maximum cost in the last six months | £334,206 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,765 |
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 £8,765 more.
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