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We are pleased to present this detached villa in the residential area of Son Parc, located at the end of a cul-de-sac offering quiet natural surroundings
Es Mercadal, Menorca, Spain
REF: 998855
€590,000
Description
We are pleased to present this detached villa in the residential area of Son Parc, located at the end of a cul-de-sac offering quiet natural surroundings. The large plot offers a one storey property consisting of a spacious living room, separate kitchen with laundry room and pantry, a spacious master bedroom with built-in wardrobe and en-suite bathroom, two double bedrooms and another bathroom. There are two pleasant terraces; one with a pergola facing west and the other facing east, as well as a storage room and different natural spaces with space to build a swimming pool. If you need more space, another floor can be built. To the rear there is another access to the property which leads to the centre of the urbanisation. The villa is close to the golf course, the beach of Son Saura and all the services and entertainment that the urbanisation offers. It is the perfect property for a peaceful retreat in Menorca. Do not hesitate to contact us to arrange a visit #ref:T1705
We are pleased to present this detached villa in the residential area of Son Parc, located at the end of a cul-de-sac offering quiet natural surroundings. The large plot offers a one storey property consisting of a spacious living room, separate kitchen with laundry room and pantry, a spacious master bedroom with built-in wardrobe and en-suite bathroom, two double bedrooms and another bathroom. There are two pleasant terraces; one with a pergola facing west and the other facing east, as well as a storage room and different natural spaces with space to build a swimming pool. If you need more space, another floor can be built. To the rear there is another access to the property which leads to the centre of the urbanisation. The villa is close to the golf course, the beach of Son Saura and all the services and entertainment that the urbanisation offers. It is the perfect property for a peaceful retreat in Menorca. Do not hesitate to contact us to arrange a visit #ref:T1705
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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 €590,000 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 |
|---|---|---|---|
| €590,000 | £487,016 | £514,486 | £27,470 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £487,016 |
| Maximum cost in the last six months | £514,486 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,470 |
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 €590,000 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 |
|---|---|---|---|
| €590,000 | £487,016 | £514,486 | £27,470 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £487,016 |
| Maximum cost in the last six months | £514,486 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,470 |
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 £27,470 more.
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