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Apartments Building in Benalmadena with communal pool and lift
Benalmadena, Malaga, Spain
REF: 621587
€750,000
Description
Apartments Building in Benalmadena with communal pool and lift. Only for investors! Excellent investment. For sale 3 storey apartments building in Arroyo de la Miel, Benalmadena. The building consists of three floors levels, plus a roof terrace and it is distributed as follows. On the ground floor is the main entrance to the building and the entrance to the garage, which has capacity for 6 cars. Through the main entrance we find ourselves at the entrance hall, which leads to the lift, the stairs and the garage. Then, on the first floor there are 2 unfinished apartments. Each apartment has a size of 103 m2. The walls are unfinished as well as the floor. They do have though, windows and doors. Each of these apartments possess a small interior patio and an outside balcony. On the first floor are the other 2 apartments, these apartments are finished. Here, also each apartment has an area of 103 m2. The apartments have two bedrooms each, with kitchen, living room, bathroom, interior patio and an outside balcony. Finally, on the roof terrace, we have a large terrace with a swimming pool with beautiful sea and mountain views that can be seen from this beautiful town. This building has many possibilities. On the one hand, the original project consisting of 4 apartments of 2 bedrooms each can be taken up again or, for example, 2 duplex penthouses can be built on the roof terrace. It is in the buyer's imagination what this splendid investment can become. It is in a central location, close to everything, supermarkets, schools, various shops. 20 minutes walk to the beach, 15 minutes to the Paloma Park. Excellent access to the A7.
Apartments Building in Benalmadena with communal pool and lift. Only for investors! Excellent investment. For sale 3 storey apartments building in Arroyo de la Miel, Benalmadena. The building consists of three floors levels, plus a roof terrace and it is distributed as follows. On the ground floor is the main entrance to the building and the entrance to the garage, which has capacity for 6 cars. Through the main entrance we find ourselves at the entrance hall, which leads to the lift, the stairs and the garage. Then, on the first floor there are 2 unfinished apartments. Each apartment has a size of 103 m2. The walls are unfinished as well as the floor. They do have though, windows and doors. Each of these apartments possess a small interior patio and an outside balcony. On the first floor are the other 2 apartments, these apartments are finished. Here, also each apartment has an area of 103 m2. The apartments have two bedrooms each, with kitchen, living room, bathroom, interior patio and an outside balcony. Finally, on the roof terrace, we have a large terrace with a swimming pool with beautiful sea and mountain views that can be seen from this beautiful town. This building has many possibilities. On the one hand, the original project consisting of 4 apartments of 2 bedrooms each can be taken up again or, for example, 2 duplex penthouses can be built on the roof terrace. It is in the buyer's imagination what this splendid investment can become. It is in a central location, close to everything, supermarkets, schools, various shops. 20 minutes walk to the beach, 15 minutes to the Paloma Park. Excellent access to the A7.
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Currency Exchange
Benalmadena, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
Benalmadena, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
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 £23,355 more.
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