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A first floor corner beachfront apartment in one of the most luxurious beachside hotels next to Puerto Banús and enjoying incredible sea views and overlooking the pool and grounds of this beautiful Hotel
Marbella, Malaga, Spain
REF: 663219
€1,300,000
Description
A first floor corner beachfront apartment in one of the most luxurious beachside hotels next to Puerto Banús and enjoying incredible sea views and overlooking the pool and grounds of this beautiful Hotel. The apartment comprises two rooms and a suite that can be joined together to form a 3 bedroom apartment. The suite includes a living room with dining area and a fully equipped kitchenette. The suite and both rooms have access to a spacious terrace with stunning views over the beach. This 5-star hotel is within 10 minute walk to Puerto Banus and offers several restaurants, bars, a reception, a gym, a spa, swimming pools and many more exclusive services. A great investment product managed by the hotel and giving a yearly return of just under 4%.
A first floor corner beachfront apartment in one of the most luxurious beachside hotels next to Puerto Banús and enjoying incredible sea views and overlooking the pool and grounds of this beautiful Hotel. The apartment comprises two rooms and a suite that can be joined together to form a 3 bedroom apartment. The suite includes a living room with dining area and a fully equipped kitchenette. The suite and both rooms have access to a spacious terrace with stunning views over the beach. This 5-star hotel is within 10 minute walk to Puerto Banus and offers several restaurants, bars, a reception, a gym, a spa, swimming pools and many more exclusive services. A great investment product managed by the hotel and giving a yearly return of just under 4%.
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Currency Exchange
Marbella, 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 €1,300,000 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 |
|---|---|---|---|
| €1,300,000 | £1,076,803 | £1,117,285 | £40,482 |
| Property Price € | €1,300,000 |
| Minimum cost in the last six months | £1,076,803 |
| Maximum cost in the last six months | £1,117,285 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,482 |
Marbella, 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 €1,300,000 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 |
|---|---|---|---|
| €1,300,000 | £1,076,803 | £1,117,285 | £40,482 |
| Property Price € | €1,300,000 |
| Minimum cost in the last six months | £1,076,803 |
| Maximum cost in the last six months | £1,117,285 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,482 |
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 £40,482 more.
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