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Rustic property in the southern area of Ciutadella, just minutes from the town
Ciutadella, Spain
REF: 589497
€1,590,000
Description
Rustic property in the southern area of Ciutadella, just minutes from the town. It has a valid tourist rental license. The home has a total surface area of 320 m2 and is distributed over 2 floors. The ground floor includes a lovely vaulted entrance hall, a large bedroom with bath, kitchen-dining room, additional bedroom and bathroom. A half-storey up we find a double bedroom, while further up on first floor we have a spacious bedroom that leads to the attic level, with a bedroom, two spacious living areas and access to a terrace. The property also includes 520 m2 of agricultural buildings (cowsheds, stables and storage) allowing for continued agricultural operation. With over 520 m2 of land over flat terrain that can easily be used for cultivation. Within the property, there is a lovely path that leads to a traditional threshing floor. #ref:C311
Rustic property in the southern area of Ciutadella, just minutes from the town. It has a valid tourist rental license. The home has a total surface area of 320 m2 and is distributed over 2 floors. The ground floor includes a lovely vaulted entrance hall, a large bedroom with bath, kitchen-dining room, additional bedroom and bathroom. A half-storey up we find a double bedroom, while further up on first floor we have a spacious bedroom that leads to the attic level, with a bedroom, two spacious living areas and access to a terrace. The property also includes 520 m2 of agricultural buildings (cowsheds, stables and storage) allowing for continued agricultural operation. With over 520 m2 of land over flat terrain that can easily be used for cultivation. Within the property, there is a lovely path that leads to a traditional threshing floor. #ref:C311
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Currency Exchange
Ciutadella, 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 €1,590,000 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 |
|---|---|---|---|
| €1,590,000 | £1,352,597 | £1,393,699 | £41,102 |
| Property Price € | €1,590,000 |
| Minimum cost in the last six months | £1,352,597 |
| Maximum cost in the last six months | £1,393,699 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £41,102 |
Ciutadella, 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 €1,590,000 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 |
|---|---|---|---|
| €1,590,000 | £1,352,597 | £1,393,699 | £41,102 |
| Property Price € | €1,590,000 |
| Minimum cost in the last six months | £1,352,597 |
| Maximum cost in the last six months | £1,393,699 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £41,102 |
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 £41,102 more.
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