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New development in the city of Malaga
Malaga, Malaga, Spain
REF: 730548
€257,000
Description
New development in the city of Malaga. This exclusive new construction complex features 35 homes with 1 and 2 bedrooms, with a spacious interior courtyard, a rooftop pool, and a lounge area. The apartments has been designed with a modern focus, optimizing layouts and using high-quality materials to maximize space, functionality, and brightness in every room. Furthermore, all homes include a parking space and a storage room in the price. The location of this development is exceptional, situated in a residential district less than a 20-minute walk from various services, sports facilities, leisure options, health centers, and educational institutions. Metropolitan Homes also boasts excellent connectivity to any point in the province and is just minutes away from the city center of Malaga.
New development in the city of Malaga. This exclusive new construction complex features 35 homes with 1 and 2 bedrooms, with a spacious interior courtyard, a rooftop pool, and a lounge area. The apartments has been designed with a modern focus, optimizing layouts and using high-quality materials to maximize space, functionality, and brightness in every room. Furthermore, all homes include a parking space and a storage room in the price. The location of this development is exceptional, situated in a residential district less than a 20-minute walk from various services, sports facilities, leisure options, health centers, and educational institutions. Metropolitan Homes also boasts excellent connectivity to any point in the province and is just minutes away from the city center of Malaga.
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Currency Exchange
Malaga, 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 €257,000 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 |
|---|---|---|---|
| €257,000 | £215,705 | £221,678 | £5,973 |
| Property Price € | €257,000 |
| Minimum cost in the last six months | £215,705 |
| Maximum cost in the last six months | £221,678 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,973 |
Malaga, 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 €257,000 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 |
|---|---|---|---|
| €257,000 | £215,705 | £221,678 | £5,973 |
| Property Price € | €257,000 |
| Minimum cost in the last six months | £215,705 |
| Maximum cost in the last six months | £221,678 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,973 |
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 £5,973 more.
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