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3-bedroom penthouse in Marbella Club Hills - Phase II
Marbella, Malaga, Spain, 29602
REF: 719462
€970,000
Description
Marbella Club Hills is being developed into an elegantly designed residential community, which will include 16 Semi-Detached Villas with 4 bedrooms and 110 Villa Apartments with 2 to 4 bedrooms ranging in size from 104 to 224 square meters; in addition to spacious terraces and gardens. Marbella, the glamorous resort town on the Costa Del Sol, is a favorite destination for those seeking a prestigious and relaxing environment. The attraction to Marbella s lifestyle, climate, beaches, shopping and entertainment has been drawing expatriate communities since the 1950s. Marbella enjoys more than 300 sunny days a year, a mild winter and a strong infrastructure focused around tourism, which makes it one of the most sought-after living destinations in Southern Europe. The property on which Marbella Club Hills will be built, has an area of 158,000 square meters. It is 10 minutes away from Puerto Banús, 15 minutes from Marbella and just 45 minutes from both Malaga and Gibraltar airports. Marbella has numerous attractions for all ages, including Puerto Banús, Marbella Old Town, the beachfront promenade as well as a multitude of entertainment outlets like golf courses, horseback riding clubs, tennis and paddle tennis courts, gymnasiums and spas, as well as boating and water sports, along with various other amusement and water activities for all ages.
Marbella Club Hills is being developed into an elegantly designed residential community, which will include 16 Semi-Detached Villas with 4 bedrooms and 110 Villa Apartments with 2 to 4 bedrooms ranging in size from 104 to 224 square meters; in addition to spacious terraces and gardens. Marbella, the glamorous resort town on the Costa Del Sol, is a favorite destination for those seeking a prestigious and relaxing environment. The attraction to Marbella s lifestyle, climate, beaches, shopping and entertainment has been drawing expatriate communities since the 1950s. Marbella enjoys more than 300 sunny days a year, a mild winter and a strong infrastructure focused around tourism, which makes it one of the most sought-after living destinations in Southern Europe. The property on which Marbella Club Hills will be built, has an area of 158,000 square meters. It is 10 minutes away from Puerto Banús, 15 minutes from Marbella and just 45 minutes from both Malaga and Gibraltar airports. Marbella has numerous attractions for all ages, including Puerto Banús, Marbella Old Town, the beachfront promenade as well as a multitude of entertainment outlets like golf courses, horseback riding clubs, tennis and paddle tennis courts, gymnasiums and spas, as well as boating and water sports, along with various other amusement and water activities for all ages.
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Currency Exchange
Marbella, Malaga, Spain, 29602
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 €970,000 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 |
|---|---|---|---|
| €970,000 | £799,183 | £833,667 | £34,484 |
| Property Price € | €970,000 |
| Minimum cost in the last six months | £799,183 |
| Maximum cost in the last six months | £833,667 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,484 |
Marbella, Malaga, Spain, 29602
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 €970,000 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 |
|---|---|---|---|
| €970,000 | £799,183 | £833,667 | £34,484 |
| Property Price € | €970,000 |
| Minimum cost in the last six months | £799,183 |
| Maximum cost in the last six months | £833,667 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,484 |
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 £34,484 more.
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