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Villa - Detached
Mijas, Malaga, Spain
REF: 780288
€1,800,000
Description
Parcel of 12.522m2 with three houses and two pools, totally fenced and with two separate entrances whereby the houses are independent. Sitúated between Mijas and Fuengirola in the área called Rancho de la Luz. The higher part of the land with excellent views over the sea and the coast. This área will soon be declared urban land by Mijas Town Hall which makes the property even more interesting from an investment point of view. Has its own water deposit. And an Ample garden with exotic plants. More like a park. The houses are furnished and decorated in a very attractive and personal way. One of the houses, the guest house, has an oriental style decor making you feel like you are walking straight into a love nest of Thousand and One Nights
Parcel of 12.522m2 with three houses and two pools, totally fenced and with two separate entrances whereby the houses are independent. Sitúated between Mijas and Fuengirola in the área called Rancho de la Luz. The higher part of the land with excellent views over the sea and the coast. This área will soon be declared urban land by Mijas Town Hall which makes the property even more interesting from an investment point of view. Has its own water deposit. And an Ample garden with exotic plants. More like a park. The houses are furnished and decorated in a very attractive and personal way. One of the houses, the guest house, has an oriental style decor making you feel like you are walking straight into a love nest of Thousand and One Nights
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Currency Exchange
Mijas, 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 €1,800,000 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 |
|---|---|---|---|
| €1,800,000 | £1,497,384 | £1,549,116 | £51,732 |
| Property Price € | €1,800,000 |
| Minimum cost in the last six months | £1,497,384 |
| Maximum cost in the last six months | £1,549,116 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £51,732 |
Mijas, 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 €1,800,000 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 |
|---|---|---|---|
| €1,800,000 | £1,497,384 | £1,549,116 | £51,732 |
| Property Price € | €1,800,000 |
| Minimum cost in the last six months | £1,497,384 |
| Maximum cost in the last six months | £1,549,116 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £51,732 |
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 £51,732 more.
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