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El Pedr , Spain
REF: 906409
€1,300,000
Description
Large and very private property surrounded by green areas with wide views of the countryside and the sea, consisting of a large house to partially renovate, built with high quality materials, just 5 minutes by car from the center of Palam s and its beautiful beach. The house consists of a large hall, large dining living room, library, equipped kitchen with access to the garden, 2 bedrooms, 1 bathroom, 2 suites. On the top floor; hall, 3 bedrooms, 2 bathrooms, office and large terrace with sea views. Service housing with kitchen, 1 bedroom and 1 bathroom. Pool area with large porch with kitchen, changing room and bathroom, 2 garages, basement, heating, well, water cistern for irrigation, storage rooms, warehouse, pool. Total constructed area: 820 m2. Land area: 42.761 m2. Orientation: S/O. Year of construction: 1986 Purchase expenses: 10%-12% Tax + Notary + Registration. #ref:10457
Large and very private property surrounded by green areas with wide views of the countryside and the sea, consisting of a large house to partially renovate, built with high quality materials, just 5 minutes by car from the center of Palam s and its beautiful beach. The house consists of a large hall, large dining living room, library, equipped kitchen with access to the garden, 2 bedrooms, 1 bathroom, 2 suites. On the top floor; hall, 3 bedrooms, 2 bathrooms, office and large terrace with sea views. Service housing with kitchen, 1 bedroom and 1 bathroom. Pool area with large porch with kitchen, changing room and bathroom, 2 garages, basement, heating, well, water cistern for irrigation, storage rooms, warehouse, pool. Total constructed area: 820 m2. Land area: 42.761 m2. Orientation: S/O. Year of construction: 1986 Purchase expenses: 10%-12% Tax + Notary + Registration. #ref:10457
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Currency Exchange
El Pedr , 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 €1,300,000 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 |
|---|---|---|---|
| €1,300,000 | £1,071,070 | £1,128,517 | £57,447 |
| Property Price € | €1,300,000 |
| Minimum cost in the last six months | £1,071,070 |
| Maximum cost in the last six months | £1,128,517 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £57,447 |
El Pedr , 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 €1,300,000 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 |
|---|---|---|---|
| €1,300,000 | £1,071,070 | £1,128,517 | £57,447 |
| Property Price € | €1,300,000 |
| Minimum cost in the last six months | £1,071,070 |
| Maximum cost in the last six months | £1,128,517 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £57,447 |
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 £57,447 more.
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