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House of Character in Mgarr | North
Mgarr, Malta
REF: 875452
€2,350,000
Description
Exceptionally well structured and converted House Of Character in a very quiet and beautiful area in the north of Malta. The property enjoys a very wide facade and is situated on two roads, reason being why it enjoys plenty of natural light. While extra care has been taken to hold the original features of the house, the property was professionally converted and well maintained, including insulation on the roofs and walls, together with all the necessary work needed to guarantee the best preservation of the house and to assure a comfortable living. This property fully enjoys the quiet and the astonishing views that this area can offer, together with lots of space and comfort, having a very generous layout displayed in the form of:Very welcoming hallFormal dining/livingKitchen/diningStudy4 bedrooms all with ensuiteGuest bathroom70 sqm garden with space for poolLaundry room5 car garage which can also be used as a games room or cinema room.2 car garageLarge well. This property is freehold and is to be sold in shell form. For further information about this property, kindly contract the number provided or visit one of our lounges located around Malta.
Exceptionally well structured and converted House Of Character in a very quiet and beautiful area in the north of Malta. The property enjoys a very wide facade and is situated on two roads, reason being why it enjoys plenty of natural light. While extra care has been taken to hold the original features of the house, the property was professionally converted and well maintained, including insulation on the roofs and walls, together with all the necessary work needed to guarantee the best preservation of the house and to assure a comfortable living. This property fully enjoys the quiet and the astonishing views that this area can offer, together with lots of space and comfort, having a very generous layout displayed in the form of:Very welcoming hallFormal dining/livingKitchen/diningStudy4 bedrooms all with ensuiteGuest bathroom70 sqm garden with space for poolLaundry room5 car garage which can also be used as a games room or cinema room.2 car garageLarge well. This property is freehold and is to be sold in shell form. For further information about this property, kindly contract the number provided or visit one of our lounges located around Malta.
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Property on Map
Currency Exchange
Mgarr, Malta
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Malta do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Malta 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 €2,350,000 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 |
|---|---|---|---|
| €2,350,000 | £1,936,165 | £2,040,012 | £103,847 |
| Property Price € | €2,350,000 |
| Minimum cost in the last six months | £1,936,165 |
| Maximum cost in the last six months | £2,040,012 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £103,847 |
Mgarr, Malta
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Malta do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Malta 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 €2,350,000 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 |
|---|---|---|---|
| €2,350,000 | £1,936,165 | £2,040,012 | £103,847 |
| Property Price € | €2,350,000 |
| Minimum cost in the last six months | £1,936,165 |
| Maximum cost in the last six months | £2,040,012 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £103,847 |
The exchange rate on the day you make an offer on your property in Malta 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 £103,847 more.
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