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This plot of 1,070 square meters is located in Llano Almendra, a hamlet in the municipality of Comares (the balcony of the Axarquia), in the province of Malaga, Andalucia, Spain
Comares, Málaga, Spain
REF: 534674
€90,000
Description
This plot of 1,070 square meters is located in Llano Almendra, a hamlet in the municipality of Comares (the balcony of the Axarquia), in the province of Malaga, Andalucia, Spain. The property is in a quiet location surrounded by mountains and close to the river. Many years ago this land was owned by the same family and has been segregated between the heirs. The plot is completely fenced and has a part of the old cortijo within its boundaries which could be reformed or used as storage while a new property is being built. The plot is 8 km from Comares and 10 km from Riogordo where you can find all kinds of shops, bars, banks, schools and colleges. The price is negotiable and offers are awaited.
This plot of 1,070 square meters is located in Llano Almendra, a hamlet in the municipality of Comares (the balcony of the Axarquia), in the province of Malaga, Andalucia, Spain. The property is in a quiet location surrounded by mountains and close to the river. Many years ago this land was owned by the same family and has been segregated between the heirs. The plot is completely fenced and has a part of the old cortijo within its boundaries which could be reformed or used as storage while a new property is being built. The plot is 8 km from Comares and 10 km from Riogordo where you can find all kinds of shops, bars, banks, schools and colleges. The price is negotiable and offers are awaited.
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Currency Exchange
Comares, 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 €90,000 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 |
|---|---|---|---|
| €90,000 | £74,548 | £77,351 | £2,803 |
| Property Price € | €90,000 |
| Minimum cost in the last six months | £74,548 |
| Maximum cost in the last six months | £77,351 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,803 |
Comares, 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 €90,000 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 |
|---|---|---|---|
| €90,000 | £74,548 | £77,351 | £2,803 |
| Property Price € | €90,000 |
| Minimum cost in the last six months | £74,548 |
| Maximum cost in the last six months | £77,351 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,803 |
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 £2,803 more.
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