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Magnolias Design is an area intended for the building of personalised villas on the Residential Resort Cumbre del Sol, facing southeast with exclusive sea views and of the Island of Ibiza
Cumbre del Sol, Alicante, Spain
REF: 524038
€1,150,000
Description
Magnolias Design is an area intended for the building of personalised villas on the Residential Resort Cumbre del Sol, facing southeast with exclusive sea views and of the Island of Ibiza. On the plots that are on sale in Magnolias Design several different types of villas have been designed. Villas with a contemporary style, a pure and elegant design, a layout made out so the sea and the light of the Mediterranean invades the interior of the homes. Also we can find open day areas where the kitchen meets, with the help of a central island, the living room/dining room, and these meet with the porch and terrace, as the sliding glass door that separates them allows you to connect the inside with the outside . There are several designs, all of them with three bedrooms and two bathrooms on the main floor. Some of the designs provide the opportunity to extend to four bedrooms if you would like to, as they have a lower floor with an open-plan area and a private porch, which would allow you to do so. All of the houses include a garden and a covered parking space. A modern project, built with qualities that meet the expectations of its design, which provides us a unique opportunity to live on the Residential Resort Cumbre del Sol.
Magnolias Design is an area intended for the building of personalised villas on the Residential Resort Cumbre del Sol, facing southeast with exclusive sea views and of the Island of Ibiza. On the plots that are on sale in Magnolias Design several different types of villas have been designed. Villas with a contemporary style, a pure and elegant design, a layout made out so the sea and the light of the Mediterranean invades the interior of the homes. Also we can find open day areas where the kitchen meets, with the help of a central island, the living room/dining room, and these meet with the porch and terrace, as the sliding glass door that separates them allows you to connect the inside with the outside . There are several designs, all of them with three bedrooms and two bathrooms on the main floor. Some of the designs provide the opportunity to extend to four bedrooms if you would like to, as they have a lower floor with an open-plan area and a private porch, which would allow you to do so. All of the houses include a garden and a covered parking space. A modern project, built with qualities that meet the expectations of its design, which provides us a unique opportunity to live on the Residential Resort Cumbre del Sol.
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Currency Exchange
Cumbre del Sol, Alicante, 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 €1,150,000 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 |
|---|---|---|---|
| €1,150,000 | £956,662 | £989,713 | £33,051 |
| Property Price € | €1,150,000 |
| Minimum cost in the last six months | £956,662 |
| Maximum cost in the last six months | £989,713 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,051 |
Cumbre del Sol, Alicante, 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 €1,150,000 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 |
|---|---|---|---|
| €1,150,000 | £956,662 | £989,713 | £33,051 |
| Property Price € | €1,150,000 |
| Minimum cost in the last six months | £956,662 |
| Maximum cost in the last six months | £989,713 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,051 |
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 £33,051 more.
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