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For sale and rent for the summer season, available from July 1st
Ibiza, BALEARES, Spain
REF: 566477
€530,000
Description
For sale and rent for the summer season, available from July 1st. Nice ground floor in Botafoc with 2 double bedrooms in a good second line building, next to the Pacha Hotel, Ibiza great hotel, Chipriani... This apartment has a hall, 2 bedrooms, 2 bathrooms, a master bedroom with a double bed, and another with a double bed and you could put a single bed if necessary, and in the living room there is a new double sofa bed, open kitchen, living room and dining room with direct access to the terrace with lunch area and private garden. It is fully equipped. The building has a community pool. Quiet and exclusive residential area. It is accessed by a street that is bottom of the bag, without traffic or noise and the garden faces a pedestrian street, very quiet. A few minutes from Talamanca beach and the center of Ibiza. On the golden mile, next to the Pacha Hotel, the Gran Hotel de Ibiza, Cipriani, Pacha, Lio...Very profitable as an investment also to rent, profitability of 8% annually. It is rented to people with a permanent job with payroll or demonstrable solvency. To move in you must pay the amount of 3 monthly payments that correspond to: 1 month of rent, 1 month of legal deposit and (1 month of agency + VAT.). Water, electricity and WIIFI are paid separately. We will be happy to make an appointment to view the property. We have many other houses, flats, villas, farms, commercial premises and land for rent and sale on the island. Thank you for considering us as your real estate agency in Ibiza.
For sale and rent for the summer season, available from July 1st. Nice ground floor in Botafoc with 2 double bedrooms in a good second line building, next to the Pacha Hotel, Ibiza great hotel, Chipriani... This apartment has a hall, 2 bedrooms, 2 bathrooms, a master bedroom with a double bed, and another with a double bed and you could put a single bed if necessary, and in the living room there is a new double sofa bed, open kitchen, living room and dining room with direct access to the terrace with lunch area and private garden. It is fully equipped. The building has a community pool. Quiet and exclusive residential area. It is accessed by a street that is bottom of the bag, without traffic or noise and the garden faces a pedestrian street, very quiet. A few minutes from Talamanca beach and the center of Ibiza. On the golden mile, next to the Pacha Hotel, the Gran Hotel de Ibiza, Cipriani, Pacha, Lio...Very profitable as an investment also to rent, profitability of 8% annually. It is rented to people with a permanent job with payroll or demonstrable solvency. To move in you must pay the amount of 3 monthly payments that correspond to: 1 month of rent, 1 month of legal deposit and (1 month of agency + VAT.). Water, electricity and WIIFI are paid separately. We will be happy to make an appointment to view the property. We have many other houses, flats, villas, farms, commercial premises and land for rent and sale on the island. Thank you for considering us as your real estate agency in Ibiza.
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Currency Exchange
Ibiza, 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 €530,000 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 |
|---|---|---|---|
| €530,000 | £450,866 | £461,482 | £10,616 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £450,866 |
| Maximum cost in the last six months | £461,482 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,616 |
Ibiza, 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 €530,000 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 |
|---|---|---|---|
| €530,000 | £450,866 | £461,482 | £10,616 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £450,866 |
| Maximum cost in the last six months | £461,482 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,616 |
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 £10,616 more.
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