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Urban plot in urbanisation Paraíso del Sol, Rincón de la Victoria
Rincon de la Victoria, Malaga, Spain
REF: 725322
€140,000
Description
Urban plot in urbanisation Paraíso del Sol, Rincón de la Victoria. Large urban plot overlooking the sea, with access to two streets for entry to the plot, located in a very good urbanisation in Rincón de la Victoria. Here is the opportunity to build the house you have always dreamed of. The proximity to the sea, Añoreta golf course, Añoreta International School, the centre of Malaga, makes this property the perfect place to live. Close to everything, but still in a quiet environment. Malaga airport is 23 minutes away by car and there is also a regular bus service to Malaga, with walking distance to the nearest stop. The fine Añoreta golf course is only 500 metres from the plot, 1 minute by car. It takes 3 minutes by car to Añoreta International School and only 4 minutes to the beach by car. In winter you have only an hour and 45 minutes drive to Granada with skiing in the Sierra Nevada, the best of both worlds.
Urban plot in urbanisation Paraíso del Sol, Rincón de la Victoria. Large urban plot overlooking the sea, with access to two streets for entry to the plot, located in a very good urbanisation in Rincón de la Victoria. Here is the opportunity to build the house you have always dreamed of. The proximity to the sea, Añoreta golf course, Añoreta International School, the centre of Malaga, makes this property the perfect place to live. Close to everything, but still in a quiet environment. Malaga airport is 23 minutes away by car and there is also a regular bus service to Malaga, with walking distance to the nearest stop. The fine Añoreta golf course is only 500 metres from the plot, 1 minute by car. It takes 3 minutes by car to Añoreta International School and only 4 minutes to the beach by car. In winter you have only an hour and 45 minutes drive to Granada with skiing in the Sierra Nevada, the best of both worlds.
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Currency Exchange
Rincon de la Victoria, 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 €140,000 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 |
|---|---|---|---|
| €140,000 | £115,963 | £120,323 | £4,360 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £115,963 |
| Maximum cost in the last six months | £120,323 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,360 |
Rincon de la Victoria, 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 €140,000 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 |
|---|---|---|---|
| €140,000 | £115,963 | £120,323 | £4,360 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £115,963 |
| Maximum cost in the last six months | £120,323 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,360 |
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 £4,360 more.
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