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Walking distance to the beach! Small development of 8 apartments & top floor apartments in Torrequebrada, Benalmadena Costa
Benalmadena, Malaga, Spain
REF: 834834
€594,000
Description
Walking distance to the beach! Small development of 8 apartments & top floor apartments in Torrequebrada, Benalmadena Costa. AVAILABLE are 2 x 3 bedroom apartments PRICED AT 495,000 + 2 x 3 bedroom duplex penthouses PRICED AT 594,000. SPECS include air-conditioning hot & cold, solar panels for the hot water, ceramic flooring, semi-fitted kitchen with marble work tops and induction hob, extractor, oven, washing machine. Bedrooms come with built-in wardrobes. Community garage parking space included in the price. Please note! There is NO POOL. Payment terms residents: Deposit 10,000 / Private purchase contract payment of 15% + VAT / During construction payment of 15% + VAT divided in monthly payments / Upon completion 70% + VAT Payment non-residents: Deposit 10,000 / Private purchase contract payment of 20% + VAT / During construction payment of 20% + VAT / Upon completion 60% + VAT. Building license was applied for, expect to move in first quarter of 2025. THE AREA: Torrequebrada is a popular full-service area in Benalmadena Costa for both residents and holiday makers. Here are great beaches, including a selection of lovely chiringuitos (typical beachfront restaurants). Also, the beachfront promenade links Torrequebrada with Torreblanca and Fuengirola to the West, Benalmarina Port and Torremolinos to the East. .
Walking distance to the beach! Small development of 8 apartments & top floor apartments in Torrequebrada, Benalmadena Costa. AVAILABLE are 2 x 3 bedroom apartments PRICED AT 495,000 + 2 x 3 bedroom duplex penthouses PRICED AT 594,000. SPECS include air-conditioning hot & cold, solar panels for the hot water, ceramic flooring, semi-fitted kitchen with marble work tops and induction hob, extractor, oven, washing machine. Bedrooms come with built-in wardrobes. Community garage parking space included in the price. Please note! There is NO POOL. Payment terms residents: Deposit 10,000 / Private purchase contract payment of 15% + VAT / During construction payment of 15% + VAT divided in monthly payments / Upon completion 70% + VAT Payment non-residents: Deposit 10,000 / Private purchase contract payment of 20% + VAT / During construction payment of 20% + VAT / Upon completion 60% + VAT. Building license was applied for, expect to move in first quarter of 2025. THE AREA: Torrequebrada is a popular full-service area in Benalmadena Costa for both residents and holiday makers. Here are great beaches, including a selection of lovely chiringuitos (typical beachfront restaurants). Also, the beachfront promenade links Torrequebrada with Torreblanca and Fuengirola to the West, Benalmarina Port and Torremolinos to the East. .
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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 €594,000 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 |
|---|---|---|---|
| €594,000 | £494,137 | £511,208 | £17,072 |
| Property Price € | €594,000 |
| Minimum cost in the last six months | £494,137 |
| Maximum cost in the last six months | £511,208 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,072 |
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 €594,000 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 |
|---|---|---|---|
| €594,000 | £494,137 | £511,208 | £17,072 |
| Property Price € | €594,000 |
| Minimum cost in the last six months | £494,137 |
| Maximum cost in the last six months | £511,208 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,072 |
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 £17,072 more.
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