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Penthouse Apartment
Torrox, Málaga, Spain
REF: 775801
€265,000
Description
Penthouse Apartment. 2 Bedrooms, 1 Bathroom. Large Communal Terrace Essential Properties are pleased to present a penthouse apartment situated in Torrox Costa only a short walk from the beach. The accommodation comprises of a spacious lounge/ dining room with a corner fireplace, a fitted kitchen, 2 double bedrooms and a family bathroom. Sliding patio doors from the lounge open onto an enclosed patio boasting views of the sea and surrounding town. This south-facing property is ideally situated within walking distance of all local amenities and the beach. The property also benefits from a storage room, parking space and a large communal terrace. Torrox is divided into two parts. Torrox Costa enjoys a beach, promenade and numerous bars, shops, restaurants and banks. Torrox Pueblo is a traditional white village and located 4km inland featuring beautiful Spanish plazas (squares), cobbled winding streets and numerous bars, shops, restaurants, banks and a medical centre. Located approx 45 minutes from Malaga airport and 10 minutes from Baviera golf course and Nerja.
Penthouse Apartment. 2 Bedrooms, 1 Bathroom. Large Communal Terrace Essential Properties are pleased to present a penthouse apartment situated in Torrox Costa only a short walk from the beach. The accommodation comprises of a spacious lounge/ dining room with a corner fireplace, a fitted kitchen, 2 double bedrooms and a family bathroom. Sliding patio doors from the lounge open onto an enclosed patio boasting views of the sea and surrounding town. This south-facing property is ideally situated within walking distance of all local amenities and the beach. The property also benefits from a storage room, parking space and a large communal terrace. Torrox is divided into two parts. Torrox Costa enjoys a beach, promenade and numerous bars, shops, restaurants and banks. Torrox Pueblo is a traditional white village and located 4km inland featuring beautiful Spanish plazas (squares), cobbled winding streets and numerous bars, shops, restaurants, banks and a medical centre. Located approx 45 minutes from Malaga airport and 10 minutes from Baviera golf course and Nerja.
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Currency Exchange
Torrox, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £219,502 | £227,754 | £8,252 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £219,502 |
| Maximum cost in the last six months | £227,754 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,252 |
Torrox, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £219,502 | £227,754 | £8,252 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £219,502 |
| Maximum cost in the last six months | £227,754 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,252 |
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 £8,252 more.
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