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Plot - Residential
Mijas, Malaga, Spain
REF: 272356
€1,450,000
Description
This is a magnificent opportunity for an investor to purchase a total of 5 urban building plots Plots within the Sierra de Mijas a total of 28,575m2 The 5 plots are located only 5 minutes drive to the Village of Mijas. Excellent orientation with South/southwest orientation. The distribution of each plot are the following 4131,35 m2 with a height of 1890m2 This plot allows for 15 Townhouses 4822,35 m2 with a height of 1540m2 This plot allows for 7 individual houses 3201,17 m2 with a height of 1100m2 This plot allows for 5 individual houses 1800 m2 with a height of 660m2 This plot allows for 3 individual houses 14.620 m2 with a height of 3520m2 This plot allows for 16 individual houses Each of these 5 plots can be sold individually or as one development. Services and sports facilities as well as a comercial area are all part of this development.
This is a magnificent opportunity for an investor to purchase a total of 5 urban building plots Plots within the Sierra de Mijas a total of 28,575m2 The 5 plots are located only 5 minutes drive to the Village of Mijas. Excellent orientation with South/southwest orientation. The distribution of each plot are the following 4131,35 m2 with a height of 1890m2 This plot allows for 15 Townhouses 4822,35 m2 with a height of 1540m2 This plot allows for 7 individual houses 3201,17 m2 with a height of 1100m2 This plot allows for 5 individual houses 1800 m2 with a height of 660m2 This plot allows for 3 individual houses 14.620 m2 with a height of 3520m2 This plot allows for 16 individual houses Each of these 5 plots can be sold individually or as one development. Services and sports facilities as well as a comercial area are all part of this development.
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Property on Map
Currency Exchange
Mijas, Malaga, 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 €1,450,000 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 |
|---|---|---|---|
| €1,450,000 | £1,206,226 | £1,247,899 | £41,673 |
| Property Price € | €1,450,000 |
| Minimum cost in the last six months | £1,206,226 |
| Maximum cost in the last six months | £1,247,899 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £41,673 |
Mijas, Malaga, 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 €1,450,000 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 |
|---|---|---|---|
| €1,450,000 | £1,206,226 | £1,247,899 | £41,673 |
| Property Price € | €1,450,000 |
| Minimum cost in the last six months | £1,206,226 |
| Maximum cost in the last six months | £1,247,899 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £41,673 |
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 £41,673 more.
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