Exclusive House in Palmanova: Unique Investment with Guest Apartment

Palmanova, Spain

For Sale

€995,000

REF: 589017 €995,000


7

5


360 m2

876 m2

Description

The property in Torrenova offers an ideal location for those looking for tranquillity close to the beach with easy access to essential amenities. Here are more details about the property: **Location:** - Located in the sought-after residential area of Torrenova. - Tranquility close to the beach. - A few minutes from Palmanova, known for its three sandy beaches, restaurants, cafes and the attractive promenade with yacht club.

- Approximately 10 minutes drive from Palma, offering the convenience of a big city. **Nearby Infrastructure & Services:** - International schools. -Public transport. - International pharmacies and medical centres. -Hospitals. **Property Description:** - Usable area of 360 m2. - Main house with 4 double bedrooms, including the 20m2 master suite with bathroom and dressing room.

- Guest flat with three bedrooms: two doubles with en-suite bathrooms and one single. **Recent Renovations:** - Complete renovation in 2006/7. - Updating of electrical installations. - Plumbing improvement. - Roof renovation. This property offers a combination of generous space and modern amenities, with the added bonus of a separate guest flat.

The complete refurbishment carried out in 2006/7 guarantees the quality and functionality of the facilities. If you are interested in finding out more, we encourage you to contact the real estate agent to find out more details about this attractive property in Torrenova. #ref:CBPM47
The property in Torrenova offers an ideal location for those looking for tranquillity close to the beach with easy access to essential amenities. Here are more details about the property: **Location:** - Located in the sought-after residential area of Torrenova. - Tranquility close to the beach. - A few minutes from Palmanova, known for its three sandy beaches, restaurants, cafes and the attractive promenade with yacht club.

- Approximately 10 minutes drive from Palma, offering the convenience of a big city. **Nearby Infrastructure & Services:** - International schools. -Public transport. - International pharmacies and medical centres. -Hospitals. **Property Description:** - Usable area of 360 m2. - Main house with 4 double bedrooms, including the 20m2 master suite with bathroom and dressing room.

- Guest flat with three bedrooms: two doubles with en-suite bathrooms and one single. **Recent Renovations:** - Complete renovation in 2006/7. - Updating of electrical installations. - Plumbing improvement. - Roof renovation. This property offers a combination of generous space and modern amenities, with the added bonus of a separate guest flat.

The complete refurbishment carried out in 2006/7 guarantees the quality and functionality of the facilities. If you are interested in finding out more, we encourage you to contact the real estate agent to find out more details about this attractive property in Torrenova. #ref:CBPM47
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Property on Map

#361535a-19483785

Currency Exchange

Palmanova, 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 €995,000 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
€995,000 £846,437 £872,157 £25,721
Property Price € €995,000
Minimum cost in the last six months £846,437
Maximum cost in the last six months £872,157
Fluctuating exchange rates over the last six months could have increased the cost of this property by £25,721

Palmanova, 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 €995,000 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
€995,000 £846,437 £872,157 £25,721
Property Price € €995,000
Minimum cost in the last six months £846,437
Maximum cost in the last six months £872,157
Fluctuating exchange rates over the last six months could have increased the cost of this property by £25,721

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 £25,721 more.

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