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We are launching our new project located in Los Narejos, on the shores of the Mar menor, Murcia It will be made up of 2 or 3 bedroom Apartments, adding up to a total of 87 apartments, distributed in 3 blocks
Los Alcázares, Murcia, Spain
REF: 428850
€222,000
Description
We are launching our new project located in Los Narejos, on the shores of the Mar menor, Murcia It will be made up of 2 or 3 bedroom Apartments, adding up to a total of 87 apartments, distributed in 3 blocks. Block 1 with 50 homes, Block 2 with 18 and 3rd with 19. The lower floors will have a big terrace and top floors (4th) will have a huge private solarium. It is important to note that the Apartments are large, referring to the smallest that has about 70m2 living space without terraces to 112m2 builds. The Residence will have communal swimming pool, green zones and playground areas. The underground parking space will be included in the price. The Residence is only 4 minutes to the beaches of Los Narejos and walking distance to all amenities. 2 bedroom Apartments start from 226,000 euros 3 bedroom Apartments start from 265,000 euros Phase 3 has now just started and the delivery date is December 2024 and June 2025.
We are launching our new project located in Los Narejos, on the shores of the Mar menor, Murcia It will be made up of 2 or 3 bedroom Apartments, adding up to a total of 87 apartments, distributed in 3 blocks. Block 1 with 50 homes, Block 2 with 18 and 3rd with 19. The lower floors will have a big terrace and top floors (4th) will have a huge private solarium. It is important to note that the Apartments are large, referring to the smallest that has about 70m2 living space without terraces to 112m2 builds. The Residence will have communal swimming pool, green zones and playground areas. The underground parking space will be included in the price. The Residence is only 4 minutes to the beaches of Los Narejos and walking distance to all amenities. 2 bedroom Apartments start from 226,000 euros 3 bedroom Apartments start from 265,000 euros Phase 3 has now just started and the delivery date is December 2024 and June 2025.
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Currency Exchange
Los Alcázares, Murcia, 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 €222,000 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 |
|---|---|---|---|
| €222,000 | £184,677 | £191,058 | £6,380 |
| Property Price € | €222,000 |
| Minimum cost in the last six months | £184,677 |
| Maximum cost in the last six months | £191,058 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,380 |
Los Alcázares, Murcia, 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 €222,000 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 |
|---|---|---|---|
| €222,000 | £184,677 | £191,058 | £6,380 |
| Property Price € | €222,000 |
| Minimum cost in the last six months | £184,677 |
| Maximum cost in the last six months | £191,058 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,380 |
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 £6,380 more.
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