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Stunning villa currently under construction, situated in El Faro, Mijas Costa, boasting breathtaking panoramic views of the sea and mountains from every angle
Mijas Costa, Malaga, Spain
REF: 753007
€2,150,000
Description
Stunning villa currently under construction, situated in El Faro, Mijas Costa, boasting breathtaking panoramic views of the sea and mountains from every angle. Conveniently located within walking distance to the beach and just an eight-minute drive from Fuengirola.
This magnificent villa spans across three levels. The basement comprises two bedrooms with en-suite bathrooms, an additional kitchen, a wine cellar, storage space, a utility room, and a garage with ample room for multiple vehicles.
On the main floor, a fully equipped open-plan kitchen seamlessly flows into spacious lounge and dining areas. Two bedrooms with en-suite bathrooms, a guest toilet, a laundry room, and the impressive main terrace with its barbecue area and infinity pool complete this level.
Ascending to the top floor reveals two master suites boasting en-suite bathrooms, dressing areas, private terraces, and an office space.
Key features of this exceptional property include porcelain floors, a private lift, underfloor heating, electric shutters, a hot water air pump system, centralized hot and cold air conditioning, among others.
Completion is estimated to be around the end of December 2024.
Stunning villa currently under construction, situated in El Faro, Mijas Costa, boasting breathtaking panoramic views of the sea and mountains from every angle. Conveniently located within walking distance to the beach and just an eight-minute drive from Fuengirola.
This magnificent villa spans across three levels. The basement comprises two bedrooms with en-suite bathrooms, an additional kitchen, a wine cellar, storage space, a utility room, and a garage with ample room for multiple vehicles.
On the main floor, a fully equipped open-plan kitchen seamlessly flows into spacious lounge and dining areas. Two bedrooms with en-suite bathrooms, a guest toilet, a laundry room, and the impressive main terrace with its barbecue area and infinity pool complete this level.
Ascending to the top floor reveals two master suites boasting en-suite bathrooms, dressing areas, private terraces, and an office space.
Key features of this exceptional property include porcelain floors, a private lift, underfloor heating, electric shutters, a hot water air pump system, centralized hot and cold air conditioning, among others.
Completion is estimated to be around the end of December 2024.
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Currency Exchange
Mijas Costa, 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 €2,150,000 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 |
|---|---|---|---|
| €2,150,000 | £1,780,867 | £1,847,818 | £66,951 |
| Property Price € | €2,150,000 |
| Minimum cost in the last six months | £1,780,867 |
| Maximum cost in the last six months | £1,847,818 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £66,951 |
Mijas Costa, 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 €2,150,000 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 |
|---|---|---|---|
| €2,150,000 | £1,780,867 | £1,847,818 | £66,951 |
| Property Price € | €2,150,000 |
| Minimum cost in the last six months | £1,780,867 |
| Maximum cost in the last six months | £1,847,818 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £66,951 |
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 £66,951 more.
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