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Ideal for rental income, this large house with 4 flats can also be used as a family home
BORMES LES MIMOSAS, Provence - Var, France, 83230
REF: 567789
€1,570,000
Description
Ideal for rental income, this large house with 4 flats can also be used as a family home. Large house with swimming pool, in excellent condition divided into 4 flats. Large swimming pool, relaxation areas, petanque area, large parking, air-conditioned garage, ideal seasonal rental income The main flat of 100 m2 on the first floor consists of a living room with fireplace, a dining room, a separate kitchen, 3 large bedrooms, a bathroom and a beautiful veranda (50m2) facing south. On the ground floor there are 3 two-roomed flats of 30 m2, 35 m2 and 40 m2 respectively. These three flats can easily be joined together. In front of the house on the south side there is a swimming pool area with pool house. Boiler room and 2 garages. The village of Bormes-les Mimosas has been called one of the most beautiful villages of the southern French coast of the Mediterranean. It is located at Cote d Azur between Hyères and St. Tropez. Bormes is built against a hill, the foothills of the Massif des Maures . It has a beautiful view of the sea and the Île d Or, the islands near Hyeres. The Grand Duke of Luxembourg and the French Presidents were often guests in Bormes. The village is authentic and consists of narrow medieval streets and charming squares beautifully paved. In the alleys are shops, boutiques and art galleries. Due to it being built on a mountain, there are many steps and passages that make it extra beautiful. In addition, Bormes-les-Mimosas is one big flower show. The houses, alleys and squares are covered with beautiful plants and shrubs. It is really beautiful to see. Especially in the evening, when all the lights are on. It is one of the plus beaux villages fleuris de France , or one of the most beautiful flowered villages in France. To find out more contact us today.
Ideal for rental income, this large house with 4 flats can also be used as a family home. Large house with swimming pool, in excellent condition divided into 4 flats. Large swimming pool, relaxation areas, petanque area, large parking, air-conditioned garage, ideal seasonal rental income The main flat of 100 m2 on the first floor consists of a living room with fireplace, a dining room, a separate kitchen, 3 large bedrooms, a bathroom and a beautiful veranda (50m2) facing south. On the ground floor there are 3 two-roomed flats of 30 m2, 35 m2 and 40 m2 respectively. These three flats can easily be joined together. In front of the house on the south side there is a swimming pool area with pool house. Boiler room and 2 garages. The village of Bormes-les Mimosas has been called one of the most beautiful villages of the southern French coast of the Mediterranean. It is located at Cote d Azur between Hyères and St. Tropez. Bormes is built against a hill, the foothills of the Massif des Maures . It has a beautiful view of the sea and the Île d Or, the islands near Hyeres. The Grand Duke of Luxembourg and the French Presidents were often guests in Bormes. The village is authentic and consists of narrow medieval streets and charming squares beautifully paved. In the alleys are shops, boutiques and art galleries. Due to it being built on a mountain, there are many steps and passages that make it extra beautiful. In addition, Bormes-les-Mimosas is one big flower show. The houses, alleys and squares are covered with beautiful plants and shrubs. It is really beautiful to see. Especially in the evening, when all the lights are on. It is one of the plus beaux villages fleuris de France , or one of the most beautiful flowered villages in France. To find out more contact us today.
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Currency Exchange
BORMES LES MIMOSAS, Provence - Var, France, 83230
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in France do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in France 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 €1,570,000 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 |
|---|---|---|---|
| €1,570,000 | £1,335,583 | £1,374,425 | £38,842 |
| Property Price € | €1,570,000 |
| Minimum cost in the last six months | £1,335,583 |
| Maximum cost in the last six months | £1,374,425 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,842 |
BORMES LES MIMOSAS, Provence - Var, France, 83230
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in France do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in France 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 €1,570,000 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 |
|---|---|---|---|
| €1,570,000 | £1,335,583 | £1,374,425 | £38,842 |
| Property Price € | €1,570,000 |
| Minimum cost in the last six months | £1,335,583 |
| Maximum cost in the last six months | £1,374,425 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,842 |
The exchange rate on the day you make an offer on your property in France 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 £38,842 more.
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