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Don't miss the opportunity to own a home near the picturesque Addaia marina, close to the beaches of Na Macaret and Arenal d'en Castell
Es Mercadal, Menorca, Spain
REF: 987937
€780,000
Description
Don't miss the opportunity to own a home near the picturesque Addaia marina, close to the beaches of Na Macaret and Arenal d'en Castell. This modern and bright villa is perfect for all year round living or for a quiet holiday near the sea, as well as a sound investment since it has a tourist licence. The main house consists of 4 bedrooms, 4 bathrooms, laundry room, a spacious and bright open plan living-dining room and a spacious well-equipped kitchen with breakfast bar that can be opened and closed as you wish. Both rooms have access to a fabulous terrace with sea views. Next to the pool, with separate entrance, there is another double bedroom. The pool is surrounded by sunbathing areas, a rock garden, a covered terrace and at the front of the house there is a pretty garden. The property is equipped with air conditioning and also has a lift which communicates all levels. Don't think twice and call us to arrange a viewing! #ref:T1818
Don't miss the opportunity to own a home near the picturesque Addaia marina, close to the beaches of Na Macaret and Arenal d'en Castell. This modern and bright villa is perfect for all year round living or for a quiet holiday near the sea, as well as a sound investment since it has a tourist licence. The main house consists of 4 bedrooms, 4 bathrooms, laundry room, a spacious and bright open plan living-dining room and a spacious well-equipped kitchen with breakfast bar that can be opened and closed as you wish. Both rooms have access to a fabulous terrace with sea views. Next to the pool, with separate entrance, there is another double bedroom. The pool is surrounded by sunbathing areas, a rock garden, a covered terrace and at the front of the house there is a pretty garden. The property is equipped with air conditioning and also has a lift which communicates all levels. Don't think twice and call us to arrange a viewing! #ref:T1818
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Currency Exchange
Es Mercadal, Menorca, 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 €780,000 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 |
|---|---|---|---|
| €780,000 | £643,851 | £677,110 | £33,259 |
| Property Price € | €780,000 |
| Minimum cost in the last six months | £643,851 |
| Maximum cost in the last six months | £677,110 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,259 |
Es Mercadal, Menorca, 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 €780,000 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 |
|---|---|---|---|
| €780,000 | £643,851 | £677,110 | £33,259 |
| Property Price € | €780,000 |
| Minimum cost in the last six months | £643,851 |
| Maximum cost in the last six months | £677,110 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,259 |
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 £33,259 more.
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