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Phase 5 (LH5) of new construction in El Higueron, Benalmadena Costa
Benalmadena, Malaga, Spain
REF: 834829
€355,000
Description
Phase 5 (LH5) of new construction in El Higueron, Benalmadena Costa. Off-plan with building license applied, with construction start expected for summer 2023, you move in 24 months later. PRICES FROM 375,000 (2 beds) / FROM 415,000 (3 beds). Garden level unit will have private gardens, penthouses will have rooftop terraces. Most units have sea views. Minimum terrace size from 19m2. All blocks will comprise 3 levels only that will be surrounded by green areas and gardens. Also, a number of townhouses will be built in the same architectural design. The entire resort will offer 100,000m2 of community areas SPECS include aero-thermal system for hot & cold air-conditioning, electric under floor heating in bathrooms. OPTIONAL under floor heating in the rest of the apt against extra price, fully fitted kitchen with silestone or similar work tops, porcelain floor tiles measuring 75 + 75 cm. Included in the price are 2 parking spaces + 1 storeroom in the underground garage. PAYMENT TERMS: Reservation 15,000 . After 30 days the Private Purchase Contract is signed with payment of 20% of the purchase price + VAT. During construction another 10% + VAT will be paid. Upon completion 70% + VAT. THE RESORT offers concierge service with an exclusive membership by the company Top Gestión for the residents of each of its projects. This concierge service will allow you to enjoy all the benefits of having a personal assistant without the commitment of a full-time employee, a reliable personalized service offered by a team with a deep knowledge of the area to make your life easier in every way, covering all your needs and requirements. Also, the concierge service can arrange for property management, interior design services, a personal trainer at the gym, restaurant reservations. Finally, there is a co-working space on-site.
Phase 5 (LH5) of new construction in El Higueron, Benalmadena Costa. Off-plan with building license applied, with construction start expected for summer 2023, you move in 24 months later. PRICES FROM 375,000 (2 beds) / FROM 415,000 (3 beds). Garden level unit will have private gardens, penthouses will have rooftop terraces. Most units have sea views. Minimum terrace size from 19m2. All blocks will comprise 3 levels only that will be surrounded by green areas and gardens. Also, a number of townhouses will be built in the same architectural design. The entire resort will offer 100,000m2 of community areas SPECS include aero-thermal system for hot & cold air-conditioning, electric under floor heating in bathrooms. OPTIONAL under floor heating in the rest of the apt against extra price, fully fitted kitchen with silestone or similar work tops, porcelain floor tiles measuring 75 + 75 cm. Included in the price are 2 parking spaces + 1 storeroom in the underground garage. PAYMENT TERMS: Reservation 15,000 . After 30 days the Private Purchase Contract is signed with payment of 20% of the purchase price + VAT. During construction another 10% + VAT will be paid. Upon completion 70% + VAT. THE RESORT offers concierge service with an exclusive membership by the company Top Gestión for the residents of each of its projects. This concierge service will allow you to enjoy all the benefits of having a personal assistant without the commitment of a full-time employee, a reliable personalized service offered by a team with a deep knowledge of the area to make your life easier in every way, covering all your needs and requirements. Also, the concierge service can arrange for property management, interior design services, a personal trainer at the gym, restaurant reservations. Finally, there is a co-working space on-site.
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Currency Exchange
Benalmadena, 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 €355,000 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 |
|---|---|---|---|
| €355,000 | £295,317 | £305,520 | £10,203 |
| Property Price € | €355,000 |
| Minimum cost in the last six months | £295,317 |
| Maximum cost in the last six months | £305,520 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,203 |
Benalmadena, 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 €355,000 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 |
|---|---|---|---|
| €355,000 | £295,317 | £305,520 | £10,203 |
| Property Price € | €355,000 |
| Minimum cost in the last six months | £295,317 |
| Maximum cost in the last six months | £305,520 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,203 |
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 £10,203 more.
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