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Located in the gated community of Los Arrayanes
Nueva Andalucia, Malaga, Spain, 29660
REF: 692092
€2,950,000
Description
Located in the gated community of Los Arrayanes. This duplex penthouse apartment offers 463 m of terrace space with views of Los Naranjos golf course and panoramic sea views. A unique feature of this penthouse is the ground level private garage, suitable for more than six cars. Entering the garage you will find multiple storage rooms, a potential cinema room and private gym with a toilet. Entering from the garage into the main hallway, buyers will notice the penthouse is distributed over two floors. Moving to the right, you walk into the open concept living, dining and kitchen area. All three of these areas offer direct views of the landscape and sea. Adjacent to the kitchen is the first guest bedroom with separate bathroom alongside. Moving back to the main hallway and entering the left side of the penthouse is the large main en-suite bedroom with a walk-in wardrobe. Likewise, the second guest bedroom with an en-suite bathroom is also located on this floor. Both the main bedroom and second guest bedroom have direct access to the outdoor terrace. On the second floor, you find the third guest en-suite bedroom with a walk-in wardrobe and terrace and the second living area which can be converted into the fourth guest en-suite bedroom. Within the grounds, buyers have two large swimming pools and mature garden areas to relax in. Furthermore, the development has its own on-site gym for residents. Golf lovers will be glad to know that Los Naranjos Golf and Country Club is only 5 minutes by car. Please feel free to contact us for further information about this property and to arrange a viewing.
Located in the gated community of Los Arrayanes. This duplex penthouse apartment offers 463 m of terrace space with views of Los Naranjos golf course and panoramic sea views. A unique feature of this penthouse is the ground level private garage, suitable for more than six cars. Entering the garage you will find multiple storage rooms, a potential cinema room and private gym with a toilet. Entering from the garage into the main hallway, buyers will notice the penthouse is distributed over two floors. Moving to the right, you walk into the open concept living, dining and kitchen area. All three of these areas offer direct views of the landscape and sea. Adjacent to the kitchen is the first guest bedroom with separate bathroom alongside. Moving back to the main hallway and entering the left side of the penthouse is the large main en-suite bedroom with a walk-in wardrobe. Likewise, the second guest bedroom with an en-suite bathroom is also located on this floor. Both the main bedroom and second guest bedroom have direct access to the outdoor terrace. On the second floor, you find the third guest en-suite bedroom with a walk-in wardrobe and terrace and the second living area which can be converted into the fourth guest en-suite bedroom. Within the grounds, buyers have two large swimming pools and mature garden areas to relax in. Furthermore, the development has its own on-site gym for residents. Golf lovers will be glad to know that Los Naranjos Golf and Country Club is only 5 minutes by car. Please feel free to contact us for further information about this property and to arrange a viewing.
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Currency Exchange
Nueva Andalucia, Malaga, Spain, 29660
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 €2,950,000 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 |
|---|---|---|---|
| €2,950,000 | £2,454,046 | £2,538,829 | £84,783 |
| Property Price € | €2,950,000 |
| Minimum cost in the last six months | £2,454,046 |
| Maximum cost in the last six months | £2,538,829 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £84,783 |
Nueva Andalucia, Malaga, Spain, 29660
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 €2,950,000 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 |
|---|---|---|---|
| €2,950,000 | £2,454,046 | £2,538,829 | £84,783 |
| Property Price € | €2,950,000 |
| Minimum cost in the last six months | £2,454,046 |
| Maximum cost in the last six months | £2,538,829 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £84,783 |
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 £84,783 more.
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