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Detached house in Nueva Andalucía
Nueva Andalucía, Spain
REF: 833326
€4,500,000
Description
Contemporary luxury villa in Nueva Andalucia This is a project for the refurbishment of a lovely traditional Spanish villa in Marbella's iconic Nueva Andalucia. It was originally built in 2001. The new designer villa will have 7 bedrooms and 7 bathrooms, a games room, a cinema, a lift and a roof terrace with sea views. Terraces are large and the garden and swimming pool, are just lovely. It will be an easy project to execute because all the square metres are already built. The project can be managed by the owner or by the buyer. Nueva Andalucia is one of the prime residential areas of Marbella. The property is close to Centro Plaza with restaurants and cafés, a Swedish supermaket, hair and beauty salons and much more. You can actually walk to Puerto Banus from here in 5 minutes, as well as the Hard Rock hotel and the casino. This property would make a great permanent or holiday home. It has rented out very well given it's size and prime location and so for investors, the new design will make this even more attractive to rent out to holiday makers. Let us show you the existing property for you to allow your imagination run wild.
Contemporary luxury villa in Nueva Andalucia This is a project for the refurbishment of a lovely traditional Spanish villa in Marbella's iconic Nueva Andalucia. It was originally built in 2001. The new designer villa will have 7 bedrooms and 7 bathrooms, a games room, a cinema, a lift and a roof terrace with sea views. Terraces are large and the garden and swimming pool, are just lovely. It will be an easy project to execute because all the square metres are already built. The project can be managed by the owner or by the buyer. Nueva Andalucia is one of the prime residential areas of Marbella. The property is close to Centro Plaza with restaurants and cafés, a Swedish supermaket, hair and beauty salons and much more. You can actually walk to Puerto Banus from here in 5 minutes, as well as the Hard Rock hotel and the casino. This property would make a great permanent or holiday home. It has rented out very well given it's size and prime location and so for investors, the new design will make this even more attractive to rent out to holiday makers. Let us show you the existing property for you to allow your imagination run wild.
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Currency Exchange
Nueva Andalucía, 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 €4,500,000 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 |
|---|---|---|---|
| €4,500,000 | £3,707,550 | £3,867,525 | £159,975 |
| Property Price € | €4,500,000 |
| Minimum cost in the last six months | £3,707,550 |
| Maximum cost in the last six months | £3,867,525 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £159,975 |
Nueva Andalucía, 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 €4,500,000 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 |
|---|---|---|---|
| €4,500,000 | £3,707,550 | £3,867,525 | £159,975 |
| Property Price € | €4,500,000 |
| Minimum cost in the last six months | £3,707,550 |
| Maximum cost in the last six months | £3,867,525 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £159,975 |
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 £159,975 more.
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