Urban Plot for the promotion of terraced houses

Málaga, Andalusia, Spain, 29738

For Sale

€485,193

REF: 499272 €485,193


Description

Industrial warehouse on urban land for the promotion of single-family homes. With a total buildable area of 1260 m2, it is estimated that 12 homes will be built in a multi-family building. The location of this plot is ideal, future buyers will enjoy an enviable situation, a few minutes walk from the beach, restaurants, supermarkets or quick access by car to the highway. This plot ensures a profitable investment for local, national or international developers who are looking to promote on the Costa del Sol.

DISTANCES - Beach: 500 m - Bars and Restaurants: 100 m - Groceries: 100 m - Supermarkets: 500 m - Shopping centre: 6.7 km - Golf: 2 km - Hospital / Medical Centre: 2.8 km In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and tax expenses that are applicable to him (ITP or IVA+AJD) and other expenses inherent to the sale are not included in the price.
Industrial warehouse on urban land for the promotion of single-family homes. With a total buildable area of 1260 m2, it is estimated that 12 homes will be built in a multi-family building. The location of this plot is ideal, future buyers will enjoy an enviable situation, a few minutes walk from the beach, restaurants, supermarkets or quick access by car to the highway. This plot ensures a profitable investment for local, national or international developers who are looking to promote on the Costa del Sol.

DISTANCES - Beach: 500 m - Bars and Restaurants: 100 m - Groceries: 100 m - Supermarkets: 500 m - Shopping centre: 6.7 km - Golf: 2 km - Hospital / Medical Centre: 2.8 km In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and tax expenses that are applicable to him (ITP or IVA+AJD) and other expenses inherent to the sale are not included in the price.
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Property on Map

#RINC003

Currency Exchange

Málaga, Andalusia, Spain, 29738

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 €485,193 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
€485,193 £401,890 £416,999 £15,109
Property Price € €485,193
Minimum cost in the last six months £401,890
Maximum cost in the last six months £416,999
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,109

Málaga, Andalusia, Spain, 29738

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 €485,193 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
€485,193 £401,890 £416,999 £15,109
Property Price € €485,193
Minimum cost in the last six months £401,890
Maximum cost in the last six months £416,999
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,109

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 £15,109 more.

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