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Building plot for sale in the center of Mah n
Zona Centro, Spain
REF: 589427
€2,200,000
Description
Plot for sale with a large frontage of 20 metres in the main square of Mah n where two days a week there is a street market where you can find a large amount of products, taxi rank, bank office, fast food restaurant, etc. The Plaza Explanada has always been an icon of the city, with a lot of activity around it as the bus station is also on one corner of it and a large underground car park is the ideal complement. The plot has a surface area of 515 m2, and a second access from the street parallel to the square. The total buildable area is 2.510 m2 which can be distributed over ground floor plus three floors and a mezzanine. It has a large number of permitted uses, the main ones being commercial, residential, hotel, etc. Contact us and we will give you all the necessary details so that you can check its viability as a project in the centre of Mah n. #ref:VHM1153
Plot for sale with a large frontage of 20 metres in the main square of Mah n where two days a week there is a street market where you can find a large amount of products, taxi rank, bank office, fast food restaurant, etc. The Plaza Explanada has always been an icon of the city, with a lot of activity around it as the bus station is also on one corner of it and a large underground car park is the ideal complement. The plot has a surface area of 515 m2, and a second access from the street parallel to the square. The total buildable area is 2.510 m2 which can be distributed over ground floor plus three floors and a mezzanine. It has a large number of permitted uses, the main ones being commercial, residential, hotel, etc. Contact us and we will give you all the necessary details so that you can check its viability as a project in the centre of Mah n. #ref:VHM1153
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Property on Map
Currency Exchange
Zona Centro, 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 €2,200,000 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 |
|---|---|---|---|
| €2,200,000 | £1,871,518 | £1,928,388 | £56,870 |
| Property Price € | €2,200,000 |
| Minimum cost in the last six months | £1,871,518 |
| Maximum cost in the last six months | £1,928,388 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £56,870 |
Zona Centro, 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 €2,200,000 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 |
|---|---|---|---|
| €2,200,000 | £1,871,518 | £1,928,388 | £56,870 |
| Property Price € | €2,200,000 |
| Minimum cost in the last six months | £1,871,518 |
| Maximum cost in the last six months | £1,928,388 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £56,870 |
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 £56,870 more.
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