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Apartment - Duplex
Calahonda, Málaga, Spain
REF: 743404
€375,000
Description
Location! Location! Bright and cozy family home just a short walk from the beach and all the amenities in Calahonda, Mijas Costa. The apartment is located next to El Zoco shopping centre in a gated urbanisation. From the entrance door a flight of stairs leads you up to the living and dining area with a lovely south/ west facing terrace overlooking the 2 pools and the communal gardens. On the same level you have a nice kitchen with a small terrace attached. On the second floor there are 2 bedrooms one with a small an ensuite bathroom and a family bathroom with shower. From the hallway there is access to another small terrace. There is communal parking for resident only. This is a great investment to carry out holiday lettings as of its location. LPO in place and rentals are allowed by the community. The duplex apartment is located 25 mins from Malaga airport.
Location! Location! Bright and cozy family home just a short walk from the beach and all the amenities in Calahonda, Mijas Costa. The apartment is located next to El Zoco shopping centre in a gated urbanisation. From the entrance door a flight of stairs leads you up to the living and dining area with a lovely south/ west facing terrace overlooking the 2 pools and the communal gardens. On the same level you have a nice kitchen with a small terrace attached. On the second floor there are 2 bedrooms one with a small an ensuite bathroom and a family bathroom with shower. From the hallway there is access to another small terrace. There is communal parking for resident only. This is a great investment to carry out holiday lettings as of its location. LPO in place and rentals are allowed by the community. The duplex apartment is located 25 mins from Malaga airport.
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Currency Exchange
Calahonda, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £310,616 | £322,294 | £11,678 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £310,616 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,678 |
Calahonda, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £310,616 | £322,294 | £11,678 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £310,616 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,678 |
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 £11,678 more.
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