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Luxury penthouse apartment located in Santa Ponsa on the southwest coast of Mallorca
Santa Ponsa, Mallorca, Spain
REF: 968643
€2,820,000
Description
Luxury penthouse apartment located in Santa Ponsa on the southwest coast of Mallorca. A brand new development each with either three or four bedrooms. The complex enjoys beautiful views of the surrounding mountains, and Santa Ponsa beach is within a few minutes walking distance. This penthouse has a large roof terrace with a private pool. Currently under construction using premium materials this spacious apartment will have a living and dining room with an open plan kitchen, four bedrooms, three bathrooms, a utility room, secure underground parking, use of the communal gardens and two communal swimming pools. Santa Ponsa is a delightful destination offering an array of activities and rich history. Its beautiful sandy beaches beckon sun-seekers, while water sports like snorkeling and jet skiing cater to adventurers. Golf enthusiasts can tee off at the Santa Ponsa Golf Club, renowned for its scenic courses. The area also boasts a vibrant nightlife with numerous bars and clubs. Historically, Santa Ponsa has ancient roots, dating back to Roman times. Ruins of an ancient Roman villa can be explored nearby. The region later became a strategic point for defense against pirates, evident from the remnants of watchtowers and fortifications. Today, this charming resort town blends its fascinating past with modern pleasures.
Luxury penthouse apartment located in Santa Ponsa on the southwest coast of Mallorca. A brand new development each with either three or four bedrooms. The complex enjoys beautiful views of the surrounding mountains, and Santa Ponsa beach is within a few minutes walking distance. This penthouse has a large roof terrace with a private pool. Currently under construction using premium materials this spacious apartment will have a living and dining room with an open plan kitchen, four bedrooms, three bathrooms, a utility room, secure underground parking, use of the communal gardens and two communal swimming pools. Santa Ponsa is a delightful destination offering an array of activities and rich history. Its beautiful sandy beaches beckon sun-seekers, while water sports like snorkeling and jet skiing cater to adventurers. Golf enthusiasts can tee off at the Santa Ponsa Golf Club, renowned for its scenic courses. The area also boasts a vibrant nightlife with numerous bars and clubs. Historically, Santa Ponsa has ancient roots, dating back to Roman times. Ruins of an ancient Roman villa can be explored nearby. The region later became a strategic point for defense against pirates, evident from the remnants of watchtowers and fortifications. Today, this charming resort town blends its fascinating past with modern pleasures.
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Currency Exchange
Santa Ponsa, Mallorca, 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 €2,820,000 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 |
|---|---|---|---|
| €2,820,000 | £2,327,515 | £2,448,014 | £120,499 |
| Property Price € | €2,820,000 |
| Minimum cost in the last six months | £2,327,515 |
| Maximum cost in the last six months | £2,448,014 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £120,499 |
Santa Ponsa, Mallorca, 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 €2,820,000 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 |
|---|---|---|---|
| €2,820,000 | £2,327,515 | £2,448,014 | £120,499 |
| Property Price € | €2,820,000 |
| Minimum cost in the last six months | £2,327,515 |
| Maximum cost in the last six months | £2,448,014 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £120,499 |
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 £120,499 more.
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