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Charming one bedroom, southeast facing apartment in the gated community of Río Real
Rio Real, Málaga, Spain
REF: 722244
€299,000
Description
Charming one bedroom, southeast facing apartment in the gated community of Río Real. This middle floor apartment is located close to the famous Río Real Golf course, just a short walk to Bahía de Marbella beach and few minutes driving to the center. The property has a spacious entrance hall, open living and dining room with patio doors leading to the private terrace with views to the garden, pool, mountains and sea; fully equipped kitchen with a separate utility room, bedroom and bathroom. Other features include hot and cold air conditioning fitted wardrobes, marble floors, shutters on the windows, alarm ana a private parking space.
Charming one bedroom, southeast facing apartment in the gated community of Río Real. This middle floor apartment is located close to the famous Río Real Golf course, just a short walk to Bahía de Marbella beach and few minutes driving to the center. The property has a spacious entrance hall, open living and dining room with patio doors leading to the private terrace with views to the garden, pool, mountains and sea; fully equipped kitchen with a separate utility room, bedroom and bathroom. Other features include hot and cold air conditioning fitted wardrobes, marble floors, shutters on the windows, alarm ana a private parking space.
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Currency Exchange
Rio Real, Málaga, 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 €299,000 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 |
|---|---|---|---|
| €299,000 | £247,665 | £256,976 | £9,311 |
| Property Price € | €299,000 |
| Minimum cost in the last six months | £247,665 |
| Maximum cost in the last six months | £256,976 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,311 |
Rio Real, Málaga, 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 €299,000 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 |
|---|---|---|---|
| €299,000 | £247,665 | £256,976 | £9,311 |
| Property Price € | €299,000 |
| Minimum cost in the last six months | £247,665 |
| Maximum cost in the last six months | £256,976 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,311 |
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 £9,311 more.
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