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This stunning duplex penthouse is one of a kind
Rio Real, Málaga, Spain
REF: 834622
€4,995,000
Description
This stunning duplex penthouse is one of a kind. It has panoramic sea views on two levels and is right next to one of the finest sandy beaches in Marbella. This unique 4 bedroom and 5-bathroom property has been completely remodeled and its interior has been carefully decorated by a well-known interior designer. With a surface of over 200 m2 and an additional 56m2 of terrace this penthouse offers spacious luxury living at its best. The open plan concept features a fully equipped kitchen with top end German appliances and a bright open dining area with exclusive contemporary furniture. The apartment is equipped with many luxurious extras such as an electric fireplace, a Bang & Olufsen sound system or tailormade wardrobes. A lift connects the penthouse with the garage in the basement where one underground parking and one storage room complete the property. The community Rio Real Playa has 2 communal swimming pools which are surrounded by lush gardens. The complex has direct access to the promenade and the famous Trocadero Beach is only a short walk away.
This stunning duplex penthouse is one of a kind. It has panoramic sea views on two levels and is right next to one of the finest sandy beaches in Marbella. This unique 4 bedroom and 5-bathroom property has been completely remodeled and its interior has been carefully decorated by a well-known interior designer. With a surface of over 200 m2 and an additional 56m2 of terrace this penthouse offers spacious luxury living at its best. The open plan concept features a fully equipped kitchen with top end German appliances and a bright open dining area with exclusive contemporary furniture. The apartment is equipped with many luxurious extras such as an electric fireplace, a Bang & Olufsen sound system or tailormade wardrobes. A lift connects the penthouse with the garage in the basement where one underground parking and one storage room complete the property. The community Rio Real Playa has 2 communal swimming pools which are surrounded by lush gardens. The complex has direct access to the promenade and the famous Trocadero Beach is only a short walk away.
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Currency Exchange
Rio Real, 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 €4,995,000 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 |
|---|---|---|---|
| €4,995,000 | £4,137,408 | £4,292,953 | £155,544 |
| Property Price € | €4,995,000 |
| Minimum cost in the last six months | £4,137,408 |
| Maximum cost in the last six months | £4,292,953 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £155,544 |
Rio Real, 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 €4,995,000 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 |
|---|---|---|---|
| €4,995,000 | £4,137,408 | £4,292,953 | £155,544 |
| Property Price € | €4,995,000 |
| Minimum cost in the last six months | £4,137,408 |
| Maximum cost in the last six months | £4,292,953 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £155,544 |
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 £155,544 more.
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