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Detached Bungalow in Mellieha | North
Mellieha, Malta
REF: 875470
€4,000,000
Description
A unique opportunity to acquire this beautiful property situated in one of the best areas on the island. This Elevated bungalow enjoys direct and unobstructed sea views, having a plot size of 1860 sqm. The modernization of this bungalow can be the best opportunity one can have to change this beautiful house into a lovely home. Features of this property includes:Main Building:Upper floor:Kitchen/living/Dining Two double bedroomsEn-suiteSurrounding terraces with direct sea viewsSouth facing pool and ample deck areaSurrounding garden with mature treesLower level:One bedroom flatlet:KitchenbedroombathroomFull basement garage Large gardenAnnex:Kitchen/diningone bedroomBathroomStore room2 Car GaragePotential to build a second fully detached property.Call us today for more information on this unique property or to book a viewing.
A unique opportunity to acquire this beautiful property situated in one of the best areas on the island. This Elevated bungalow enjoys direct and unobstructed sea views, having a plot size of 1860 sqm. The modernization of this bungalow can be the best opportunity one can have to change this beautiful house into a lovely home. Features of this property includes:Main Building:Upper floor:Kitchen/living/Dining Two double bedroomsEn-suiteSurrounding terraces with direct sea viewsSouth facing pool and ample deck areaSurrounding garden with mature treesLower level:One bedroom flatlet:KitchenbedroombathroomFull basement garage Large gardenAnnex:Kitchen/diningone bedroomBathroomStore room2 Car GaragePotential to build a second fully detached property.Call us today for more information on this unique property or to book a viewing.
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Property on Map
Currency Exchange
Mellieha, 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 €4,000,000 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 |
|---|---|---|---|
| €4,000,000 | £3,295,600 | £3,472,360 | £176,760 |
| Property Price € | €4,000,000 |
| Minimum cost in the last six months | £3,295,600 |
| Maximum cost in the last six months | £3,472,360 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £176,760 |
Mellieha, 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 €4,000,000 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 |
|---|---|---|---|
| €4,000,000 | £3,295,600 | £3,472,360 | £176,760 |
| Property Price € | €4,000,000 |
| Minimum cost in the last six months | £3,295,600 |
| Maximum cost in the last six months | £3,472,360 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £176,760 |
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 £176,760 more.
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