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This land located in Sitio de Calahonda is an excellent opportunity for those interested in building a luxury villa in one of the most exclusive areas of the Costa del Sol
Calahonda, Málaga, Spain
REF: 834808
€450,000
Description
This land located in Sitio de Calahonda is an excellent opportunity for those interested in building a luxury villa in one of the most exclusive areas of the Costa del Sol. The plot has a total area of 819 m2 and is in a privileged location in a quiet and private street. It has an approved project, licenses and construction has already started so you do not have to wait or pay for everything that it takes to start from scratch. The construction project of the villa includes a property with 4 bedrooms, 3 bathrooms and 2 toilets, with a storage room and a garage for 3 cars. The total constructed area will be 540 m2, including the basement, distributed by floors in 224 m2 of basement plus 143 m2 on each of the floors, plus terraces, the design of the villa will be modern and elegant, with high quality finishes and a functional distribution. The villa will have a large terrace and a private garden. Additionally, the property will be located near golf courses, restaurants, shops and other services. Plot, Quiet, Facing: North, South, East and West Features Fenced Plot, Investment Property, With building project.
This land located in Sitio de Calahonda is an excellent opportunity for those interested in building a luxury villa in one of the most exclusive areas of the Costa del Sol. The plot has a total area of 819 m2 and is in a privileged location in a quiet and private street. It has an approved project, licenses and construction has already started so you do not have to wait or pay for everything that it takes to start from scratch. The construction project of the villa includes a property with 4 bedrooms, 3 bathrooms and 2 toilets, with a storage room and a garage for 3 cars. The total constructed area will be 540 m2, including the basement, distributed by floors in 224 m2 of basement plus 143 m2 on each of the floors, plus terraces, the design of the villa will be modern and elegant, with high quality finishes and a functional distribution. The villa will have a large terrace and a private garden. Additionally, the property will be located near golf courses, restaurants, shops and other services. Plot, Quiet, Facing: North, South, East and West Features Fenced Plot, Investment Property, With building project.
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Currency Exchange
Calahonda, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £374,729 | £388,152 | £13,424 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £374,729 |
| Maximum cost in the last six months | £388,152 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,424 |
Calahonda, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £374,729 | £388,152 | £13,424 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £374,729 |
| Maximum cost in the last six months | £388,152 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,424 |
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 £13,424 more.
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