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Elegant and well kept apartment situated in the centre of Palma near Plaza de Columnas with numerous restaurants, shops, Gyms, playgrounds with 10 min drive to the beach
Palma de Mallorca, Mallorca, Spain
REF: 996064
€685,000
Description
Elegant and well kept apartment situated in the centre of Palma near Plaza de Columnas with numerous restaurants, shops, Gyms, playgrounds with 10 min drive to the beach. This spacious apartment with living area of 181m2 has 5 bedrooms , living room, dinning room , kitchen with terrace, bathroom and a guest toilet with the possibility of creating a commercial area plan living area. It keeps the original features of high 4.20m ceilings, floors, large windows and antique furniture of old days upper class. There is an opportunity to buy a parking place and storage room for additional price to compliment the property. The vibrant Balearic Island capital, Palma de Mallorca offers a wonderful fusion of Mediterranean appeal, history, and culture. Discover the abundant heritage of the city with its magnificent Gothic cathedral, beautiful old palaces, and small winding streets with endless character. Enjoy the lively marina, savour great local food, and relax on sun-drenched beaches. Palma de Mallorca offers the ideal location for your dream home regardless of your preferred lifestyle exciting metropolitan or peaceful.
Elegant and well kept apartment situated in the centre of Palma near Plaza de Columnas with numerous restaurants, shops, Gyms, playgrounds with 10 min drive to the beach. This spacious apartment with living area of 181m2 has 5 bedrooms , living room, dinning room , kitchen with terrace, bathroom and a guest toilet with the possibility of creating a commercial area plan living area. It keeps the original features of high 4.20m ceilings, floors, large windows and antique furniture of old days upper class. There is an opportunity to buy a parking place and storage room for additional price to compliment the property. The vibrant Balearic Island capital, Palma de Mallorca offers a wonderful fusion of Mediterranean appeal, history, and culture. Discover the abundant heritage of the city with its magnificent Gothic cathedral, beautiful old palaces, and small winding streets with endless character. Enjoy the lively marina, savour great local food, and relax on sun-drenched beaches. Palma de Mallorca offers the ideal location for your dream home regardless of your preferred lifestyle exciting metropolitan or peaceful.
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Currency Exchange
Palma de Mallorca, Mallorca, 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 €685,000 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 |
|---|---|---|---|
| €685,000 | £565,433 | £595,258 | £29,825 |
| Property Price € | €685,000 |
| Minimum cost in the last six months | £565,433 |
| Maximum cost in the last six months | £595,258 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,825 |
Palma de Mallorca, Mallorca, 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 €685,000 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 |
|---|---|---|---|
| €685,000 | £565,433 | £595,258 | £29,825 |
| Property Price € | €685,000 |
| Minimum cost in the last six months | £565,433 |
| Maximum cost in the last six months | £595,258 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,825 |
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 £29,825 more.
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