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Villa - Detached
La Cala de Mijas, Málaga, Spain
REF: 204440
€1,099,000
Description
A opportunity to have an amazing villa plus a large wooden house within over 29000mt2 of your own land which is less than a 10 minute drive to the beach, shops and restaurants! An amazing investment opportunity! Fantastic panoramic, sea and mountain views from both the spacious wooden house and the partially constructed villa located on a plot of 29,110 mt2 of land located at the top of Riviera Del Sol within a 10 minute drive to La Cala De Mijas. Calanova Golf is virtually on your doorstep! The present owners live in the pretty and well maintained, two story, high ceiling wooden house which also has a private pool. The nearby unfinished villa has a ground floor size of 278.15mt2 plus 84.82mt2 of covered terrace plus a very large open basement which could also be developed. The land has its own well for water. At present the water, sewage and electric is not connected to the mains supply in Riviera, the wooden house electric is supplied by solar panels, the sewage by a septic tank. Must be viewed!
A opportunity to have an amazing villa plus a large wooden house within over 29000mt2 of your own land which is less than a 10 minute drive to the beach, shops and restaurants! An amazing investment opportunity! Fantastic panoramic, sea and mountain views from both the spacious wooden house and the partially constructed villa located on a plot of 29,110 mt2 of land located at the top of Riviera Del Sol within a 10 minute drive to La Cala De Mijas. Calanova Golf is virtually on your doorstep! The present owners live in the pretty and well maintained, two story, high ceiling wooden house which also has a private pool. The nearby unfinished villa has a ground floor size of 278.15mt2 plus 84.82mt2 of covered terrace plus a very large open basement which could also be developed. The land has its own well for water. At present the water, sewage and electric is not connected to the mains supply in Riviera, the wooden house electric is supplied by solar panels, the sewage by a septic tank. Must be viewed!
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Currency Exchange
La Cala de Mijas, Málaga, 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 €1,099,000 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 |
|---|---|---|---|
| €1,099,000 | £905,466 | £944,536 | £39,069 |
| Property Price € | €1,099,000 |
| Minimum cost in the last six months | £905,466 |
| Maximum cost in the last six months | £944,536 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,069 |
La Cala de Mijas, Málaga, 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 €1,099,000 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 |
|---|---|---|---|
| €1,099,000 | £905,466 | £944,536 | £39,069 |
| Property Price € | €1,099,000 |
| Minimum cost in the last six months | £905,466 |
| Maximum cost in the last six months | £944,536 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,069 |
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 £39,069 more.
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