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Magnificent Villa with its exotic style is situated in the front line of Cap Martinet, close to the village Jesús
Santa Eulària des Riu, Islas Baleares, Spain
REF: 526838
€5,000,000
Description
Magnificent Villa with its exotic style is situated in the front line of Cap Martinet, close to the village Jesús. It has very beautiful views, including views on the island of Formentera. You can enjoy a small cove (semi-private) which is about 50 feet away of the Villa, which makes this place unique. This location is situated in a really quiet area, but only 5 minutes away from Ibiza Town and very close to the beach of Talamanca. Surface area: 3000 m2 plot, House: 600 m2. Layout: 2 large living-rooms, 1 large dining-room with fire place, 1 large Ibicenc style kitchen with chimney. It has 10 rooms for guests with own bathrooms, comfort, privacy and its own entrances. Outside this Villa has an exotic garden, surrounded by palm trees, a barbecue area with kitchen and dining area suitable for about 30 persons.
Magnificent Villa with its exotic style is situated in the front line of Cap Martinet, close to the village Jesús. It has very beautiful views, including views on the island of Formentera. You can enjoy a small cove (semi-private) which is about 50 feet away of the Villa, which makes this place unique. This location is situated in a really quiet area, but only 5 minutes away from Ibiza Town and very close to the beach of Talamanca. Surface area: 3000 m2 plot, House: 600 m2. Layout: 2 large living-rooms, 1 large dining-room with fire place, 1 large Ibicenc style kitchen with chimney. It has 10 rooms for guests with own bathrooms, comfort, privacy and its own entrances. Outside this Villa has an exotic garden, surrounded by palm trees, a barbecue area with kitchen and dining area suitable for about 30 persons.
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Currency Exchange
Santa Eulària des Riu, Islas Baleares, 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 €5,000,000 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 |
|---|---|---|---|
| €5,000,000 | £4,253,450 | £4,382,450 | £129,000 |
| Property Price € | €5,000,000 |
| Minimum cost in the last six months | £4,253,450 |
| Maximum cost in the last six months | £4,382,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £129,000 |
Santa Eulària des Riu, Islas Baleares, 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 €5,000,000 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 |
|---|---|---|---|
| €5,000,000 | £4,253,450 | £4,382,450 | £129,000 |
| Property Price € | €5,000,000 |
| Minimum cost in the last six months | £4,253,450 |
| Maximum cost in the last six months | £4,382,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £129,000 |
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 £129,000 more.
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