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Lucas Fox presents this 500 m villa with an extraordinary 5,000 m building in one of Formentera's most exclusive areas
Formentera, Formentera, Spain, 07870
REF: 980602
€3,800,000
Description
Lucas Fox presents this 500 m villa with an extraordinary 5,000 m building in one of Formentera's most exclusive areas . This exceptional and luxurious property offers an excellent connection with nature, just steps from the sea. One of the most notable features of this property is the private mooring, located just a few meters from La Finca. Exterior , the house features a large terrace with uninterrupted views of the Estany des Peix. The main house has four bedrooms, including the spectacular main bedroom with a walk-in closet and private bathroom equipped with a whirlpool tub, separate shower, and high-end finishes that guarantee exceptional comfort. It also has an study, ideal for working from home, and two additional bedrooms, each with its own full bathroom . The property also includes an annex loft-style apartment with a separate entrance, but with the option of connecting it internally. This space includes a kitchen, dining room, living room , and full bathroom , making it an ideal option for guests or as additional accommodation. The house was built entirely from solid iroko wood, a high-quality material that provides elegance, durability, and a refined finish. Additional amenities include an advanced solar power system with a backup generator, a large water tank, and excellent soundproofing, ensuring privacy and complete peace of mind. Contact us for more information.
Lucas Fox presents this 500 m villa with an extraordinary 5,000 m building in one of Formentera's most exclusive areas . This exceptional and luxurious property offers an excellent connection with nature, just steps from the sea. One of the most notable features of this property is the private mooring, located just a few meters from La Finca. Exterior , the house features a large terrace with uninterrupted views of the Estany des Peix. The main house has four bedrooms, including the spectacular main bedroom with a walk-in closet and private bathroom equipped with a whirlpool tub, separate shower, and high-end finishes that guarantee exceptional comfort. It also has an study, ideal for working from home, and two additional bedrooms, each with its own full bathroom . The property also includes an annex loft-style apartment with a separate entrance, but with the option of connecting it internally. This space includes a kitchen, dining room, living room , and full bathroom , making it an ideal option for guests or as additional accommodation. The house was built entirely from solid iroko wood, a high-quality material that provides elegance, durability, and a refined finish. Additional amenities include an advanced solar power system with a backup generator, a large water tank, and excellent soundproofing, ensuring privacy and complete peace of mind. Contact us for more information.
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Currency Exchange
Formentera, Formentera, Spain, 07870
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 €3,800,000 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 |
|---|---|---|---|
| €3,800,000 | £3,136,710 | £3,326,216 | £189,506 |
| Property Price € | €3,800,000 |
| Minimum cost in the last six months | £3,136,710 |
| Maximum cost in the last six months | £3,326,216 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £189,506 |
Formentera, Formentera, Spain, 07870
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 €3,800,000 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 |
|---|---|---|---|
| €3,800,000 | £3,136,710 | £3,326,216 | £189,506 |
| Property Price € | €3,800,000 |
| Minimum cost in the last six months | £3,136,710 |
| Maximum cost in the last six months | £3,326,216 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £189,506 |
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 £189,506 more.
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