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Unique Villa with sea views offering an investment opportunity in El Rosario, Marbella
Marbella Este, Malaga, Spain, 29604
REF: 117892
€1,195,000
Description
This unique villa in El Rosario, Marbella with sea views offers the new owner an excellent opportunity for return on investment. The main villa resembles a beautiful castle and benefits from 5 self-contained apartments which could be used as a business opportunity for rentals, a bed and breakfast or as an excellent home for a growing family. There is also the possibility of a second residential plot of land next door. Whatever you chose to do this is an excellent opportunity to make a substantial income. Situated just east of Los Monteros, one of Marbella s most luxurious beach side addresses, El Rosario, lies roughly midway between Marbella town and Elviria. Though not a large area, it occupies an ideal setting just five minutes from both and finds itself close to all amenities, with the coastal highway that leads to Málaga and the airport just two minutes away. There are schools and sports facilities just minutes away as well as local supermarkets restaurants and bars. This unique villa in El Rosario, Marbella boasts no fewer than five living areas, five kitchens and eight bedrooms and is in excellent condition throughout. Of course, those stunning sea views are definitely worth mentioning and on a clear day you can see over to Gibraltar and Africa. Outside this unique villa in El Rosario, Marbella there is a lovely swimming pool set in lush tropical gardens. Out here you ll find a supreme free-play pool table, table tennis table and BBQ area, ideal for large family holidays or groups of mature golfers. El Rosario is central on the Costa del Sol for the many coastal attractions up and down the coast road. It s only 5 mins to excellent golf courses, 2-5 min to many fabulous sandy beaches, 5 min to Marbella town centre, a further 5 min to Puerto Banus. Málaga airport is a 20-30 min drive and Gibraltar airport is a 30/40 min drive. For more information or to view this unique villa in El Rosario, Marbella contact us today.
This unique villa in El Rosario, Marbella with sea views offers the new owner an excellent opportunity for return on investment. The main villa resembles a beautiful castle and benefits from 5 self-contained apartments which could be used as a business opportunity for rentals, a bed and breakfast or as an excellent home for a growing family. There is also the possibility of a second residential plot of land next door. Whatever you chose to do this is an excellent opportunity to make a substantial income. Situated just east of Los Monteros, one of Marbella s most luxurious beach side addresses, El Rosario, lies roughly midway between Marbella town and Elviria. Though not a large area, it occupies an ideal setting just five minutes from both and finds itself close to all amenities, with the coastal highway that leads to Málaga and the airport just two minutes away. There are schools and sports facilities just minutes away as well as local supermarkets restaurants and bars. This unique villa in El Rosario, Marbella boasts no fewer than five living areas, five kitchens and eight bedrooms and is in excellent condition throughout. Of course, those stunning sea views are definitely worth mentioning and on a clear day you can see over to Gibraltar and Africa. Outside this unique villa in El Rosario, Marbella there is a lovely swimming pool set in lush tropical gardens. Out here you ll find a supreme free-play pool table, table tennis table and BBQ area, ideal for large family holidays or groups of mature golfers. El Rosario is central on the Costa del Sol for the many coastal attractions up and down the coast road. It s only 5 mins to excellent golf courses, 2-5 min to many fabulous sandy beaches, 5 min to Marbella town centre, a further 5 min to Puerto Banus. Málaga airport is a 20-30 min drive and Gibraltar airport is a 30/40 min drive. For more information or to view this unique villa in El Rosario, Marbella contact us today.
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Currency Exchange
Marbella Este, Malaga, Spain, 29604
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 €1,195,000 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 |
|---|---|---|---|
| €1,195,000 | £984,561 | £1,027,043 | £42,482 |
| Property Price € | €1,195,000 |
| Minimum cost in the last six months | £984,561 |
| Maximum cost in the last six months | £1,027,043 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,482 |
Marbella Este, Malaga, Spain, 29604
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 €1,195,000 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 |
|---|---|---|---|
| €1,195,000 | £984,561 | £1,027,043 | £42,482 |
| Property Price € | €1,195,000 |
| Minimum cost in the last six months | £984,561 |
| Maximum cost in the last six months | £1,027,043 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,482 |
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 £42,482 more.
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