Oliu is a residential project situated at the heart of Capdepera, a charming Mallorcan town in the northeast part of the island, which is relaxed and authentic, with local customs and traditions still very much alive

Capdepera, Balearic Islands, Spain

For Sale

€425,000

REF: 997903 €425,000


2

1


81 m2

Description

Oliu is a residential project situated at the heart of Capdepera, a charming Mallorcan town in the northeast part of the island, which is relaxed and authentic, with local customs and traditions still very much alive. Oliu provides the perfect blend of comfort and style in a Mediterranean setting and is just a few minutes away from pretty beaches such as Son Moll or Cala Agulla.

Oliu has 23 apartments 2 bedrooms, designed with comfort and quality of life in mind. The apartments have two or three double bedrooms and two full bathrooms. Some of the homes also offer amazing views of the sea and the eastern coastline of Mallorca, or the majestic Capdepera Castle, built in the fourteenth century during the reign of Jaime II, meaning you can enjoy the spectacular surroundings from your own home.

Communal areas at Oliu are designed to offer comfortable, relaxing, outdoor space. Residents will have access to a shared pool, landscaped gardens with native plants, and a relaxation area. All this in a traditional Mallorcan town where you can enjoy the local customs, Mediterranean architecture and a wide range of gastronomic delights. Every home will have one, or two, underground parking spaces. Handover date: November 2027.
Oliu is a residential project situated at the heart of Capdepera, a charming Mallorcan town in the northeast part of the island, which is relaxed and authentic, with local customs and traditions still very much alive. Oliu provides the perfect blend of comfort and style in a Mediterranean setting and is just a few minutes away from pretty beaches such as Son Moll or Cala Agulla.

Oliu has 23 apartments 2 bedrooms, designed with comfort and quality of life in mind. The apartments have two or three double bedrooms and two full bathrooms. Some of the homes also offer amazing views of the sea and the eastern coastline of Mallorca, or the majestic Capdepera Castle, built in the fourteenth century during the reign of Jaime II, meaning you can enjoy the spectacular surroundings from your own home.

Communal areas at Oliu are designed to offer comfortable, relaxing, outdoor space. Residents will have access to a shared pool, landscaped gardens with native plants, and a relaxation area. All this in a traditional Mallorcan town where you can enjoy the local customs, Mediterranean architecture and a wide range of gastronomic delights. Every home will have one, or two, underground parking spaces. Handover date: November 2027.
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Currency Exchange

Capdepera, Balearic Islands, 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 €425,000 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
€425,000 £350,816 £369,321 £18,505
Property Price € €425,000
Minimum cost in the last six months £350,816
Maximum cost in the last six months £369,321
Fluctuating exchange rates over the last six months could have increased the cost of this property by £18,505

Capdepera, Balearic Islands, 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 €425,000 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
€425,000 £350,816 £369,321 £18,505
Property Price € €425,000
Minimum cost in the last six months £350,816
Maximum cost in the last six months £369,321
Fluctuating exchange rates over the last six months could have increased the cost of this property by £18,505

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 £18,505 more.

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