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LARGE PLOT FOR LUXURY VILLA Plot Size: 6
New Golden Mile, Málaga, Spain
REF: 478857
€1,600,000
Description
LARGE PLOT FOR LUXURY VILLA Plot Size: 6.310 m Max Build: 1.000m plus basement The development is located in the coastal town of Estepona, on the New Golden Mile. It is located about 2 kilometers north of the main road N-340, halfway between the coastal cities of San Pedro de Alcántara and Estepona (7 km). Only 10 km and 14 km away are Puerto Banús and Marbella respectively and 40 minutes by car is Malaga airport. The complex is accessed via a new tarmac road, leading from the main coastal road. Due to its privileged position in the area, it enjoys both panoramic views of Gibraltar and Morocco, as well as completely unobstructed views of La Concha mountain and Sierra Bermeja, which provides a beautiful sense of peace and tranquility, despite being Close to all services. The plot is fully equipped with electricity, water, telephone, sewage and ADSL. It also has an attractive green area of 10,000 m2 located in the lower part, which has spectacular views due to its south orientation, in which trees and shrubs have been planted. The infrastructure complies with all municipal regulations. Estepona City Council has already First occupation licenses have been granted to completed homes. * 21% VAT not included. ADSL, Telephone.
LARGE PLOT FOR LUXURY VILLA Plot Size: 6.310 m Max Build: 1.000m plus basement The development is located in the coastal town of Estepona, on the New Golden Mile. It is located about 2 kilometers north of the main road N-340, halfway between the coastal cities of San Pedro de Alcántara and Estepona (7 km). Only 10 km and 14 km away are Puerto Banús and Marbella respectively and 40 minutes by car is Malaga airport. The complex is accessed via a new tarmac road, leading from the main coastal road. Due to its privileged position in the area, it enjoys both panoramic views of Gibraltar and Morocco, as well as completely unobstructed views of La Concha mountain and Sierra Bermeja, which provides a beautiful sense of peace and tranquility, despite being Close to all services. The plot is fully equipped with electricity, water, telephone, sewage and ADSL. It also has an attractive green area of 10,000 m2 located in the lower part, which has spectacular views due to its south orientation, in which trees and shrubs have been planted. The infrastructure complies with all municipal regulations. Estepona City Council has already First occupation licenses have been granted to completed homes. * 21% VAT not included. ADSL, Telephone.
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Currency Exchange
New Golden Mile, 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 €1,600,000 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 |
|---|---|---|---|
| €1,600,000 | £1,325,296 | £1,375,120 | £49,824 |
| Property Price € | €1,600,000 |
| Minimum cost in the last six months | £1,325,296 |
| Maximum cost in the last six months | £1,375,120 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,824 |
New Golden Mile, 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 €1,600,000 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 |
|---|---|---|---|
| €1,600,000 | £1,325,296 | £1,375,120 | £49,824 |
| Property Price € | €1,600,000 |
| Minimum cost in the last six months | £1,325,296 |
| Maximum cost in the last six months | £1,375,120 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,824 |
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 £49,824 more.
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