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Es Castell, Spain
REF: 983662
€520,000
Description
Discover this magnificent property in the picturesque village of Es Castell, just a stone's throw from the iconic Cales Fonts port. Spanning 295 m , this traditional Menorcan house on a high ground floor is perfect for a large family or as a lucrative investment, thanks to its spacious layout and authentic character. The property is arranged over two main levels, plus a private 40 m garage at street level. Elegant stairs accessed from the main entrance lead up to the first floor, where you will find a spacious living/dining room with a fireplace and a balcony offering unobstructed views of the square. There is also a separate kitchen with a pantry, a master bedroom with a dressing room, a second double bedroom, and a second dining room with a fireplace. The entire floor benefits from excellent natural light and a warm, family atmosphere, thanks to its large windows. The first floor comprises a large hallway, a double bedroom, an open-plan living room, an additional bedroom and a private terrace. The attic ceilings with exposed beams enhance the Menorcan charm of this floor. All rooms are bright and facing outwards, which reinforces the feeling of spaciousness and well-being. With a south-facing aspect, a storage room and solid construction dating back to 1895, this well-preserved property is ready to move into, although it also offers multiple personalisation options. It is an architectural gem in one of the most lively, traditional and beautiful areas of the island. #ref:CAS_193
Discover this magnificent property in the picturesque village of Es Castell, just a stone's throw from the iconic Cales Fonts port. Spanning 295 m , this traditional Menorcan house on a high ground floor is perfect for a large family or as a lucrative investment, thanks to its spacious layout and authentic character. The property is arranged over two main levels, plus a private 40 m garage at street level. Elegant stairs accessed from the main entrance lead up to the first floor, where you will find a spacious living/dining room with a fireplace and a balcony offering unobstructed views of the square. There is also a separate kitchen with a pantry, a master bedroom with a dressing room, a second double bedroom, and a second dining room with a fireplace. The entire floor benefits from excellent natural light and a warm, family atmosphere, thanks to its large windows. The first floor comprises a large hallway, a double bedroom, an open-plan living room, an additional bedroom and a private terrace. The attic ceilings with exposed beams enhance the Menorcan charm of this floor. All rooms are bright and facing outwards, which reinforces the feeling of spaciousness and well-being. With a south-facing aspect, a storage room and solid construction dating back to 1895, this well-preserved property is ready to move into, although it also offers multiple personalisation options. It is an architectural gem in one of the most lively, traditional and beautiful areas of the island. #ref:CAS_193
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Currency Exchange
Es Castell, 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 €520,000 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 |
|---|---|---|---|
| €520,000 | £429,187 | £451,407 | £22,220 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £429,187 |
| Maximum cost in the last six months | £451,407 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,220 |
Es Castell, 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 €520,000 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 |
|---|---|---|---|
| €520,000 | £429,187 | £451,407 | £22,220 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £429,187 |
| Maximum cost in the last six months | £451,407 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,220 |
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 £22,220 more.
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