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Brand New Apartments
Fuengirola, Malaga, Spain
REF: 734254
€219,950
Description
Brand New Apartments. 1 Bedroom, 1 Bathroom. Terrace. Storage Room. 2 Parking Spaces. Communal Gardens and 2 Swimming Pools. Essential Properties are delighted to offer for sale these brand-new apartments located only 2.5kms from the beach. The complex comprises of 74 apartments divided between 2 buildings. These stylish modern apartments feature fully fitted kitchens, a lounge / dining room, modern fitted shower room, a double bedroom and state-of-the-art air conditioning systems. Additional benefits include 2 parking spaces, beautifully manicured communal gardens plus two communal swimming pools. Payment Scheme RESIDENTS Reservation: 5.500 12,5% - private contract deposit During construction: 12,5% (in 20 monthly payments) Key Delivery: 75% NON-RESIDENTS Reservation: 5.500 20% - private contract deposit During construction: 20% (in 2 payments) Key Delivery: 60% For plans and additional information please contact Sharon Underwood or Victoria Ehret
Brand New Apartments. 1 Bedroom, 1 Bathroom. Terrace. Storage Room. 2 Parking Spaces. Communal Gardens and 2 Swimming Pools. Essential Properties are delighted to offer for sale these brand-new apartments located only 2.5kms from the beach. The complex comprises of 74 apartments divided between 2 buildings. These stylish modern apartments feature fully fitted kitchens, a lounge / dining room, modern fitted shower room, a double bedroom and state-of-the-art air conditioning systems. Additional benefits include 2 parking spaces, beautifully manicured communal gardens plus two communal swimming pools. Payment Scheme RESIDENTS Reservation: 5.500 12,5% - private contract deposit During construction: 12,5% (in 20 monthly payments) Key Delivery: 75% NON-RESIDENTS Reservation: 5.500 20% - private contract deposit During construction: 20% (in 2 payments) Key Delivery: 60% For plans and additional information please contact Sharon Underwood or Victoria Ehret
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Currency Exchange
Fuengirola, 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 €219,950 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 |
|---|---|---|---|
| €219,950 | £182,864 | £189,293 | £6,429 |
| Property Price € | €219,950 |
| Minimum cost in the last six months | £182,864 |
| Maximum cost in the last six months | £189,293 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,429 |
Fuengirola, 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 €219,950 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 |
|---|---|---|---|
| €219,950 | £182,864 | £189,293 | £6,429 |
| Property Price € | €219,950 |
| Minimum cost in the last six months | £182,864 |
| Maximum cost in the last six months | £189,293 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,429 |
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 £6,429 more.
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