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UNDER CONSTRUCTION - with delivery from April 2024
Estepona, Malaga, Spain
REF: 599008
€720,000
Description
UNDER CONSTRUCTION - with delivery from April 2024. LAST 2 UNITS FOR SALE - BOTH 3 BEDS PRICED AT 720,000 first floor + 741,000 ground floor. New luxury complex with choice of 2 & 3 bedroom apartments and penthouses in Atalaya, Estepona East. Situated within a short distance of the golf course in Atalaya, amenities, the beach and the picturesque village of Benahavis. All units come with air-conditioning hot & cold, ceramic tiles, double glazing, fully fitted kitchen, etc. Included in the price is a parking space + storeroom. PAYMENT TERMS: Reservation 10,000 (apartments), 20,000 (penthouses). Private Purchase Contract 40% + VAT. Completion at the public notary 60% + VAT. THE COMPLEX will be fully gated with 2 outdoor pools for adults (including a HEATED POOL of 20 x 4 meter) + 1 paddling pool for babies. DISTANCES: The nearest beach in Guadalmina is less than 10 minutes away in car. Guadalmina is also the nearest larger commercial centre with all in services and facilities. Guadalmina is built together with San Pedro de Alcantara which is a lively town just before reaching the flashy and buzzling marina in Puerto Banus.
UNDER CONSTRUCTION - with delivery from April 2024. LAST 2 UNITS FOR SALE - BOTH 3 BEDS PRICED AT 720,000 first floor + 741,000 ground floor. New luxury complex with choice of 2 & 3 bedroom apartments and penthouses in Atalaya, Estepona East. Situated within a short distance of the golf course in Atalaya, amenities, the beach and the picturesque village of Benahavis. All units come with air-conditioning hot & cold, ceramic tiles, double glazing, fully fitted kitchen, etc. Included in the price is a parking space + storeroom. PAYMENT TERMS: Reservation 10,000 (apartments), 20,000 (penthouses). Private Purchase Contract 40% + VAT. Completion at the public notary 60% + VAT. THE COMPLEX will be fully gated with 2 outdoor pools for adults (including a HEATED POOL of 20 x 4 meter) + 1 paddling pool for babies. DISTANCES: The nearest beach in Guadalmina is less than 10 minutes away in car. Guadalmina is also the nearest larger commercial centre with all in services and facilities. Guadalmina is built together with San Pedro de Alcantara which is a lively town just before reaching the flashy and buzzling marina in Puerto Banus.
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Currency Exchange
Estepona, Malaga, 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 €720,000 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 |
|---|---|---|---|
| €720,000 | £596,383 | £618,804 | £22,421 |
| Property Price € | €720,000 |
| Minimum cost in the last six months | £596,383 |
| Maximum cost in the last six months | £618,804 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,421 |
Estepona, Malaga, 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 €720,000 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 |
|---|---|---|---|
| €720,000 | £596,383 | £618,804 | £22,421 |
| Property Price € | €720,000 |
| Minimum cost in the last six months | £596,383 |
| Maximum cost in the last six months | £618,804 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,421 |
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 £22,421 more.
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