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Villa - Detached
Elviria, Málaga, Spain
REF: 741765
€1,950,000
Description
A very unique & recently renovated property set in Elviria (Marbella east) with amazing location and huge potential. This South West facing one-level villa is distributed as follows: A nice & welcoming entrance area, 4 bedrooms, 2 en-suite (of which one is used as a second living room) a huge open plan kitchen, dining and salon leading out to the terrace and garden area with pool and gazebo. Almost every living space has sea views, including the kitchen. The master bedroom has access to the west facing terrace with lovely green & sea views. From the hallway there is a staircase to a 200m2 roof terrace. There is storage as well as a garage accessible from road level, plus as a driveway with parking for 6 cars up to the entrance from another road. The area itself is incredibly peaceful and private with few neighbours. The location is a 2 minute drive to the centre of Elviria, or a 10-15 minute walk. The villa built area is less than 50% of the allowed buildable area, meaning there is potential to subdivide and build a second house, or build another level on the current house, which would give access to one of the best views in Elviria, as seen from what is now the large 200m2 flat roof. Plans are already in place with architect to construct another level within all town hall guidelines. Potential to build or extend up to 130m2 more of living space.
A very unique & recently renovated property set in Elviria (Marbella east) with amazing location and huge potential. This South West facing one-level villa is distributed as follows: A nice & welcoming entrance area, 4 bedrooms, 2 en-suite (of which one is used as a second living room) a huge open plan kitchen, dining and salon leading out to the terrace and garden area with pool and gazebo. Almost every living space has sea views, including the kitchen. The master bedroom has access to the west facing terrace with lovely green & sea views. From the hallway there is a staircase to a 200m2 roof terrace. There is storage as well as a garage accessible from road level, plus as a driveway with parking for 6 cars up to the entrance from another road. The area itself is incredibly peaceful and private with few neighbours. The location is a 2 minute drive to the centre of Elviria, or a 10-15 minute walk. The villa built area is less than 50% of the allowed buildable area, meaning there is potential to subdivide and build a second house, or build another level on the current house, which would give access to one of the best views in Elviria, as seen from what is now the large 200m2 flat roof. Plans are already in place with architect to construct another level within all town hall guidelines. Potential to build or extend up to 130m2 more of living space.
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Currency Exchange
Elviria, 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 €1,950,000 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 |
|---|---|---|---|
| €1,950,000 | £1,606,605 | £1,649,876 | £43,271 |
| Property Price € | €1,950,000 |
| Minimum cost in the last six months | £1,606,605 |
| Maximum cost in the last six months | £1,649,876 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,271 |
Elviria, 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 €1,950,000 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 |
|---|---|---|---|
| €1,950,000 | £1,606,605 | £1,649,876 | £43,271 |
| Property Price € | €1,950,000 |
| Minimum cost in the last six months | £1,606,605 |
| Maximum cost in the last six months | £1,649,876 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,271 |
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 £43,271 more.
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