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Ciutadella, Spain
REF: 975885
€1,150,000
Description
Characterful property next to Ciutadella's Cathedral This house, just a few steps from the Cathedral Square in one of the most historic pedestrian streets of the old town, has a full renovation project, and already had the license issued by the local council. Renovation not included in the price. This magnificent stately home of approximately 480m spreads across four floors of around 70m each, plus a vaulted basement, the property retains original architectural and material elements that give it a truly authentic character. Has already been designed to reimagine the space into a unique residence. It proposes a traditional entrance hall, several living areas, a dining room with access to a 14m patio, and a covered pool beneath a sandstone porch. The project also includes spacious bedrooms with alcoves, covered terraces, and open-air terraces offering spectacular views of the Cathedral, and in some areas, even partial views of the neighbouring island. An exceptional project in a privileged location, right in the heart of Ciutadella. #ref:C391
Characterful property next to Ciutadella's Cathedral This house, just a few steps from the Cathedral Square in one of the most historic pedestrian streets of the old town, has a full renovation project, and already had the license issued by the local council. Renovation not included in the price. This magnificent stately home of approximately 480m spreads across four floors of around 70m each, plus a vaulted basement, the property retains original architectural and material elements that give it a truly authentic character. Has already been designed to reimagine the space into a unique residence. It proposes a traditional entrance hall, several living areas, a dining room with access to a 14m patio, and a covered pool beneath a sandstone porch. The project also includes spacious bedrooms with alcoves, covered terraces, and open-air terraces offering spectacular views of the Cathedral, and in some areas, even partial views of the neighbouring island. An exceptional project in a privileged location, right in the heart of Ciutadella. #ref:C391
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Property on Map
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 €1,150,000 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 |
|---|---|---|---|
| €1,150,000 | £947,485 | £998,304 | £50,819 |
| Property Price € | €1,150,000 |
| Minimum cost in the last six months | £947,485 |
| Maximum cost in the last six months | £998,304 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £50,819 |
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 €1,150,000 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 |
|---|---|---|---|
| €1,150,000 | £947,485 | £998,304 | £50,819 |
| Property Price € | €1,150,000 |
| Minimum cost in the last six months | £947,485 |
| Maximum cost in the last six months | £998,304 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £50,819 |
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 £50,819 more.
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