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Penthouse in Mosta | Central
Mosta, Malta
REF: 967776
€568,000
Description
A choice of 1/2/3 bedroom apartments and penthouses in a prime area of Mosta, with upper floors having open country views, bringing luxury living and residential comfort to a higher level. Being sold internally in shell form, with highly finished common parts, façade and lift. Spread on four floors this prestigious block will make a nice family or investment duelling. Most properties enjoy a squarish layout with ample natural light. Early buyers will also be able to benefit from pre-construction prices. ( 6,000 common parts included within price)
A choice of 1/2/3 bedroom apartments and penthouses in a prime area of Mosta, with upper floors having open country views, bringing luxury living and residential comfort to a higher level. Being sold internally in shell form, with highly finished common parts, façade and lift. Spread on four floors this prestigious block will make a nice family or investment duelling. Most properties enjoy a squarish layout with ample natural light. Early buyers will also be able to benefit from pre-construction prices. ( 6,000 common parts included within price)
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Currency Exchange
Mosta, 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 €568,000 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 |
|---|---|---|---|
| €568,000 | £467,975 | £493,075 | £25,100 |
| Property Price € | €568,000 |
| Minimum cost in the last six months | £467,975 |
| Maximum cost in the last six months | £493,075 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,100 |
Mosta, 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 €568,000 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 |
|---|---|---|---|
| €568,000 | £467,975 | £493,075 | £25,100 |
| Property Price € | €568,000 |
| Minimum cost in the last six months | £467,975 |
| Maximum cost in the last six months | £493,075 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,100 |
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 £25,100 more.
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