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Penthouse in Torremolinos
Torremolinos, Spain
REF: 833319
€585,000
Description
Gilmar Real Estate sells this magnificent penthouse, ideal for both families and investment. It has a vacation rental license, allowing for tourist rentals and offering an excellent opportunity for profitability. Located in the Pinillo area, a residential area in Torremolinos, this penthouse has 4 double bedrooms and 2 fully equipped bathrooms. It has been completely renovated with high-quality finishes, offering a spacious and bright area designed for maximum comfort. The 67-square-meter terrace is perfect for enjoying the Mediterranean climate and offers unobstructed views with partial sea views. Amenities include a swimming pool and common areas with recreational spaces for children, ideal for family living. Moreover, the surroundings are peaceful and residential, yet close to all services and amenities. The commuter train station is nearby, facilitating transportation and connection with other areas. The price includes a parking space and a 6-square-meter storage room. Don't miss the opportunity to acquire this fabulous penthouse in Torremolinos, perfect for year-round living or as an investment for vacation rentals. For more information and visits, contact us today!
Gilmar Real Estate sells this magnificent penthouse, ideal for both families and investment. It has a vacation rental license, allowing for tourist rentals and offering an excellent opportunity for profitability. Located in the Pinillo area, a residential area in Torremolinos, this penthouse has 4 double bedrooms and 2 fully equipped bathrooms. It has been completely renovated with high-quality finishes, offering a spacious and bright area designed for maximum comfort. The 67-square-meter terrace is perfect for enjoying the Mediterranean climate and offers unobstructed views with partial sea views. Amenities include a swimming pool and common areas with recreational spaces for children, ideal for family living. Moreover, the surroundings are peaceful and residential, yet close to all services and amenities. The commuter train station is nearby, facilitating transportation and connection with other areas. The price includes a parking space and a 6-square-meter storage room. Don't miss the opportunity to acquire this fabulous penthouse in Torremolinos, perfect for year-round living or as an investment for vacation rentals. For more information and visits, contact us today!
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Currency Exchange
Torremolinos, 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 €585,000 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 |
|---|---|---|---|
| €585,000 | £492,675 | £504,662 | £11,987 |
| Property Price € | €585,000 |
| Minimum cost in the last six months | £492,675 |
| Maximum cost in the last six months | £504,662 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,987 |
Torremolinos, 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 €585,000 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 |
|---|---|---|---|
| €585,000 | £492,675 | £504,662 | £11,987 |
| Property Price € | €585,000 |
| Minimum cost in the last six months | £492,675 |
| Maximum cost in the last six months | £504,662 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,987 |
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 £11,987 more.
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