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Palacetes de Banús is located in the most prominent part of Marbella on the Costa del Sol
Nueva Andalucia, Malaga, Spain
REF: 692869
€8,800,000
Description
Palacetes de Banús is located in the most prominent part of Marbella on the Costa del Sol. The gated and secured community is only a short stroll away from the famous port Puerto Banús, where you can find various luxurious shops, restaurants and cafes. The development consists of 8 luxurious villas in total, which all come with 6 bedrooms and 5 bathrooms spread over 3 levels, with two extra guest bathrooms. The ground floor boasts a modern open floor design and it s perfectly constructed for entertaining. Other unique features are a 6 car garage, private pool and a spacious outdoor entertainment area. Perfect villas for both families and people who like to socialise.
Palacetes de Banús is located in the most prominent part of Marbella on the Costa del Sol. The gated and secured community is only a short stroll away from the famous port Puerto Banús, where you can find various luxurious shops, restaurants and cafes. The development consists of 8 luxurious villas in total, which all come with 6 bedrooms and 5 bathrooms spread over 3 levels, with two extra guest bathrooms. The ground floor boasts a modern open floor design and it s perfectly constructed for entertaining. Other unique features are a 6 car garage, private pool and a spacious outdoor entertainment area. Perfect villas for both families and people who like to socialise.
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Currency Exchange
Nueva Andalucia, 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 €8,800,000 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 |
|---|---|---|---|
| €8,800,000 | £7,320,544 | £7,573,456 | £252,912 |
| Property Price € | €8,800,000 |
| Minimum cost in the last six months | £7,320,544 |
| Maximum cost in the last six months | £7,573,456 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £252,912 |
Nueva Andalucia, 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 €8,800,000 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 |
|---|---|---|---|
| €8,800,000 | £7,320,544 | £7,573,456 | £252,912 |
| Property Price € | €8,800,000 |
| Minimum cost in the last six months | £7,320,544 |
| Maximum cost in the last six months | £7,573,456 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £252,912 |
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 £252,912 more.
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