This is a great chance to purchase a superb value for money, renovated 3 bedroom / 2 bathroom detached country house with garage situated on a large plot between Felanitx and Porreres with far reaching views of the surrounding countryside.
The property has a large plot and please view our website for further details and photographs
Low asking price to attract a quick sale.
Hidden behind the terracotta walls you will find a wonderfully relaxed property in Es Codol Ibiza consisting of two separate living areas. The principle upper area of the villa enjoys sea views and consists of the living and dining areas, kitchen, master bedroom with ensuite bathroom and access to the gardens. There is a second bedroom or office and a large outdoor terrace for alfresco dining. There are beautiful gardens with a 400 year old olive tree, cypress, bougainvilleas, a wealth of herbs and spices, two small ponds with a waterfall feature. The swimming pool is heated by solar power which prolongs the length of time it can be used. Automatic sprinkler system Water filtration system for drinking water 25,000 litre water reserve Telephone line with ADSL Two satellite dishes plus Spanish digital TV Alarm system connected with security through telephone and radio.
The property offers excellent value for money and is on the market at €798,000. Take a look at Gatehouse International for further pictures and details.
Transferring your mortgage payment, or pension, abroad need not cost you a fortune every month.
If you use your bank to make a mortgage payment, or pension transfer, overseas, it´s likely that you will be much more than you need to in charges, commissions and the currency exchange rate.
As more and more people have chosen to retire overseas, the banking system is set to gain from this migration. However, whether you have a state pension or a private pension scheme, the taxation treatment of your money may be different depending on the arrangement that the UK tax office has with your new homeland. Relying on conversations with friends, who have already moved abroad, is useful. But, take great care to get the right information from the tax office.
If you are a UK resident and choose to retire in the United States, you will currently benefit from annual increases in your state pension. If you choose to retire to places like South Africa, New Zealand or Canada, your pension is likely to remain at the level that it was when you moved abroad.
Variations in tax law may mean that you may also have to pay more tax, or possibly pay tax in both Countries as the money originates in the UK and you are spending it abroad.
Before moving abroad, I suggest you have a word with a Tax specialist in Pensions. They could save you a great deal of money.
Currency Exchange.
Now that you have established what you are likely to receive from your pension while living overseas, it is worth discussing your plans with a currency broker. Currency Exchange dealers can save you a great deal of money when you are making regular monthly payments.
Ratheer than rely on the good nature of your originating bank to keep the costs down and to give you a great rate of exchange, why not go to a currency conversion specialist like fx-foreignexchange, who have a simple system for making these monthly transfers?
Because it´s simple, it´s cheap! You instruct your bank to transfer the monthly pension payment to fx-foreignexchange. At the end of the month, the presiding rate of exchange is applied to the pension amount and the money is converted into your destination currency. The money is then transferred to the bank account in your new home country without commission or transfer charges. Often, if fx-foreignexchange have a bank account in your destination country, there won´t be any receiving charges either.
It´s efficient and cost-effective.
The value of your source currency, against the exchanged currency, can be fixed for a given period ahead. If you don’t wish to transfer your money now, you can book the rate of exchange now, for a date ahead.
To discuss how best to make a currency exchange into euros at the best rate, talk to a foreign currency exchange specialist. visit fx-foreignexchange, or call 01480 458400.
Should we buy a property for sale in Mallorca? With the current concerns about the housing market both home and overseas the question is asked alot.
We know that many people are probably thinking “why buy a property for sale in Mallorca, we will wait for prices to drop” but property analysts inform us that unless the current financial crisis effecting the major world economies proves to be indefinite then don’t expect prices to reflect this in Mallorca.
We all know that, there is a real estate crisis in the rest of Spain, the Balearic Islands and Barcelona were the only two areas in Spain to have price increases in 2007. We simply don’t have a 500.000 property surplus here on the island as is being reported on the mainland. Lets not also forget that customers purchase in Mallorca because they fall in love with it!
The property for sale in Mallorca has stabilized over the last two months and the local Spanish and Resident market is all but still. Many customers from all over the world are visiting and purchasing in Mallorca
The effects of the property market have gone thru to Mallorca as we used to see interest rates of 3.0% on mortgages and the current starting rates are now around 5.5%.
We are all fully aware that the British Pound has dropped against the Euro. This will effect the top end budget of the buyers that are looking but even then, most buyers have a certain margin in their budget so they can either absorb this extra cost or look at slightly cheaper properties, it does not stop them from buying. Shopping around for good Currency Exchange Rates also saves you money.
For a wide range of properties in Mallorca click here
For some time now, Global Currency Exchange Network have been one of the UK´s leading currency exchange Companies. The team of professional currency dealers have over 20 years of experience in currency exchange. Annually, they take care of over 335 Million pounds of client’s money. Their Head office is close to London, with further offices in Dubai, Spain and Portugal.Their main aim is to offer all clients the best currency exchange rate AND service available. Thousands of people use them for their money transfers annually, and they all receive the same, personal, service.
If you are a business customer, they have a dedicated relationship manager for Corporate clients ensuring that your business requirements are fully understood and are translated into an efficient service from us. To discuss the Corporate currency exchange services, contact David Osborne.
There are 4 main basic methods for making a currency conversion: Spot contracts, Forward Currency contracts, Time-option forward contracts and Limit orders. To find out which may suit you, visit the Foreign Exchange site.
The currency exchange services provide a professional, efficient and cost-effective method for currency conversion. The personal service is suited to business users, needing to buy forex at the best currency exchange rates available, and for the private clients who wish to make a single money transfer, or regular payments such as overseas pension transfers.
With years of experience and a dedicated team, let Global Currency Exchange Network take care of your money transfers.
Go to the currency exchange site and find more information….