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Exclusive Modern Penthouse with Panoramic Views and Expandable Terraces in the Heart of Palma
Centro, Spain
REF: 951397
€1,790,000
Description
This stunning, fully renovated penthouse is located in the heart of Palma, offering a blend of modern design and classic elegance. With 4 spacious bedrooms, each featuring an en suite bathroom, and an additional guest toilet, the property ensures comfort and privacy. The master suite boasts a walk-in dressing room, a luxurious bathroom with double sinks, and a private outdoor balcony. The open-plan living, dining, and kitchen area is flooded with natural light, creating a seamless, spacious environment perfect for entertaining. The kitchen is equipped with high-end appliances, granite countertops, and a large central island, while offering breathtaking views of Palma, the harbour, and the surrounding hills. The living area opens onto a wonderful terrace, further enhancing the sense of openness and panoramic views. Additionally, the terraces can be easily expanded legally, potentially doubling their size with minimal effort. Additional features include natural parquet flooring, high-quality carpentry, ceiling fans, double-glazing, and central heating by radiators. The apartment also benefits from fitted wardrobes, a dressing room, and modern amenities such as an osmosis system and water softener in the kitchen. Situated in one of Palma's most emblematic streets, the penthouse enjoys easy access to restaurants, shops, and all essential services. The building offers a concierge service, elevators, and a large garage space for two cars, making it even more desirable in this central location. This property presents a unique opportunity to live in one of Palma's most exclusive areas, combining luxury, comfort, and exceptional views, with the added potential for terrace expansion. #ref:CBPM326
This stunning, fully renovated penthouse is located in the heart of Palma, offering a blend of modern design and classic elegance. With 4 spacious bedrooms, each featuring an en suite bathroom, and an additional guest toilet, the property ensures comfort and privacy. The master suite boasts a walk-in dressing room, a luxurious bathroom with double sinks, and a private outdoor balcony. The open-plan living, dining, and kitchen area is flooded with natural light, creating a seamless, spacious environment perfect for entertaining. The kitchen is equipped with high-end appliances, granite countertops, and a large central island, while offering breathtaking views of Palma, the harbour, and the surrounding hills. The living area opens onto a wonderful terrace, further enhancing the sense of openness and panoramic views. Additionally, the terraces can be easily expanded legally, potentially doubling their size with minimal effort. Additional features include natural parquet flooring, high-quality carpentry, ceiling fans, double-glazing, and central heating by radiators. The apartment also benefits from fitted wardrobes, a dressing room, and modern amenities such as an osmosis system and water softener in the kitchen. Situated in one of Palma's most emblematic streets, the penthouse enjoys easy access to restaurants, shops, and all essential services. The building offers a concierge service, elevators, and a large garage space for two cars, making it even more desirable in this central location. This property presents a unique opportunity to live in one of Palma's most exclusive areas, combining luxury, comfort, and exceptional views, with the added potential for terrace expansion. #ref:CBPM326
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Currency Exchange
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 €1,790,000 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 |
|---|---|---|---|
| €1,790,000 | £1,474,781 | £1,553,881 | £79,100 |
| Property Price € | €1,790,000 |
| Minimum cost in the last six months | £1,474,781 |
| Maximum cost in the last six months | £1,553,881 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £79,100 |
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 €1,790,000 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 |
|---|---|---|---|
| €1,790,000 | £1,474,781 | £1,553,881 | £79,100 |
| Property Price € | €1,790,000 |
| Minimum cost in the last six months | £1,474,781 |
| Maximum cost in the last six months | £1,553,881 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £79,100 |
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 £79,100 more.
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