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Luxury penthouse in the heart of Palma with panoramic views of the port
Palma, Spain
REF: 951397
€1,790,000
Description
This exclusive penthouse, located in the heart of Palma de Mallorca, offers an unrivalled living experience with panoramic views of the city and the port. Designed for those seeking elegance and comfort, the property has four spacious bedrooms, each with its own en-suite bathroom, ensuring privacy and well-being. The master bedroom is a true sanctuary, with a spacious dressing room and a designer en-suite bathroom, creating a perfect retreat for rest. The open-concept kitchen combines sophistication and functionality, with high-end granite countertops and premium finishes. It blends harmoniously with the bright living and dining areas, which receive an abundance of natural light, ideal for relaxing or enjoying meetings in style. From the living room, you can admire a spectacular cityscape and seascape, turning every moment into a unique experience. In addition, this exclusive property includes a large parking space and the building offers a concierge service, providing comfort and security. This penthouse is the perfect combination of modern luxury, prime location and sophisticated design. #ref:CBPM326
This exclusive penthouse, located in the heart of Palma de Mallorca, offers an unrivalled living experience with panoramic views of the city and the port. Designed for those seeking elegance and comfort, the property has four spacious bedrooms, each with its own en-suite bathroom, ensuring privacy and well-being. The master bedroom is a true sanctuary, with a spacious dressing room and a designer en-suite bathroom, creating a perfect retreat for rest. The open-concept kitchen combines sophistication and functionality, with high-end granite countertops and premium finishes. It blends harmoniously with the bright living and dining areas, which receive an abundance of natural light, ideal for relaxing or enjoying meetings in style. From the living room, you can admire a spectacular cityscape and seascape, turning every moment into a unique experience. In addition, this exclusive property includes a large parking space and the building offers a concierge service, providing comfort and security. This penthouse is the perfect combination of modern luxury, prime location and sophisticated design. #ref:CBPM326
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Currency Exchange
Palma, 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 €1,790,000 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 |
|---|---|---|---|
| €1,790,000 | £1,474,781 | £1,514,501 | £39,720 |
| Property Price € | €1,790,000 |
| Minimum cost in the last six months | £1,474,781 |
| Maximum cost in the last six months | £1,514,501 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,720 |
Palma, 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 €1,790,000 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 |
|---|---|---|---|
| €1,790,000 | £1,474,781 | £1,514,501 | £39,720 |
| Property Price € | €1,790,000 |
| Minimum cost in the last six months | £1,474,781 |
| Maximum cost in the last six months | £1,514,501 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,720 |
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 £39,720 more.
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