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Apartment - Penthouse
The Golden Mile, Málaga, Spain
REF: 751777
€1,500,000
Description
RENTED UNTIL END JUNE 2021 Large penthouse, result of joining together of two 3-bed apartments, located in an exclusive development in Lomas de Marbella Club/Paraiso, It has 6 bedrooms and 5 bathrooms divided over 2 levels, a spacious living area with access to East facing terrace overlooking the Golden Mile. It features marble flooring, A/C hot/cold, renovated kitchen and bathrooms, electric window blinds, alarm. The urbanization is gated, with 24 hour security, two swimming pools and beautiful gardens. Parking space and storage room included. Penthouse for Rent - Ancon Sierra - Marbella - Costa del Sol
RENTED UNTIL END JUNE 2021 Large penthouse, result of joining together of two 3-bed apartments, located in an exclusive development in Lomas de Marbella Club/Paraiso, It has 6 bedrooms and 5 bathrooms divided over 2 levels, a spacious living area with access to East facing terrace overlooking the Golden Mile. It features marble flooring, A/C hot/cold, renovated kitchen and bathrooms, electric window blinds, alarm. The urbanization is gated, with 24 hour security, two swimming pools and beautiful gardens. Parking space and storage room included. Penthouse for Rent - Ancon Sierra - Marbella - Costa del Sol
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Currency Exchange
The Golden Mile, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,247,820 | £1,290,930 | £43,110 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,247,820 |
| Maximum cost in the last six months | £1,290,930 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,110 |
The Golden Mile, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,247,820 | £1,290,930 | £43,110 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,247,820 |
| Maximum cost in the last six months | £1,290,930 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,110 |
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 £43,110 more.
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