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Charming coastal house in Es Grau
Es Grau - Serra Morena, Spain, 0770
REF: 975522
€850,000
Description
Charming coastal house in the exclusive area of Es Grau, with sea views. We present a magnificent property located in a quiet street in the centre of Es Grau, just a few steps from the beach. This property, ideal both as a permanent residence and for investment, is located in one of the most sought-after areas of Menorca. The house is distributed over two floors. On the ground floor we find a large garage and a flat that has a kitchen, bathroom and a pleasant terrace. This flat also has direct access to the back street, which gives it greater comfort and independence. On the upper floor, which is accessed by an external staircase from the street, is the main house. This floor has two bright double bedrooms with fitted wardrobes, a third single bedroom with skylight and a large living-dining room with open kitchen and access to a large roof terrace, from which you can enjoy beautiful sea views. The property stands out for its excellent location, Es Grau, a family and very quiet area, just 5 minutes by car from Mah n. The distribution in two independent houses offers multiple possibilities, either for personal use, tourist rental or as a combination of both options. #ref:7088
Charming coastal house in the exclusive area of Es Grau, with sea views. We present a magnificent property located in a quiet street in the centre of Es Grau, just a few steps from the beach. This property, ideal both as a permanent residence and for investment, is located in one of the most sought-after areas of Menorca. The house is distributed over two floors. On the ground floor we find a large garage and a flat that has a kitchen, bathroom and a pleasant terrace. This flat also has direct access to the back street, which gives it greater comfort and independence. On the upper floor, which is accessed by an external staircase from the street, is the main house. This floor has two bright double bedrooms with fitted wardrobes, a third single bedroom with skylight and a large living-dining room with open kitchen and access to a large roof terrace, from which you can enjoy beautiful sea views. The property stands out for its excellent location, Es Grau, a family and very quiet area, just 5 minutes by car from Mah n. The distribution in two independent houses offers multiple possibilities, either for personal use, tourist rental or as a combination of both options. #ref:7088
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Currency Exchange
Es Grau - Serra Morena, Spain, 0770
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 €850,000 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 |
|---|---|---|---|
| €850,000 | £701,556 | £737,877 | £36,321 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £701,556 |
| Maximum cost in the last six months | £737,877 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £36,321 |
Es Grau - Serra Morena, Spain, 0770
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 €850,000 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 |
|---|---|---|---|
| €850,000 | £701,556 | £737,877 | £36,321 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £701,556 |
| Maximum cost in the last six months | £737,877 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £36,321 |
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 £36,321 more.
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