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UNDER CONSTRUCTION - you move in December 2024 (phase 1), February 2025 (phase 2)
Benalmadena, Malaga, Spain
REF: 834836
€545,000
Description
UNDER CONSTRUCTION - you move in December 2024 (phase 1), February 2025 (phase 2). 60 new spectacular luxury apartments & penthouses, all with sea views. Situated in La Reserva del Higueron within 10 minutes walking distance of the sandy beaches in Carvajal, Along the beach runs the beachfront promenade stretching 9 km along the full length of Fuengirola. Along the whole length of the beach are plenty of typical restaurants. PRICES 2 beds from 545,000 / 3 beds from 665,000. PRICES 2 BEDS PENTHOUSES FROM 795,000. Included in the price are 2 parking spaces + 1 storeroom for each unit in the underground garage. Designed by renowned architects Gonzales & Jakobson. SPECS include aero-thermal system for air-conditioning hot & cold and under floor heating throughout, built-in wardrobes in bedrooms, fully fitted kitchen with refrigerator, induction hob, extractor, oven, dishwasher, microwave and washing machine in the utility area. Porcelain floors. All units enjoy large terraces of minimum 31m2, most units substantially larger. THE COMPLEX will be fully gated with heated swimming pool, fitness, Jazucci and co-working area. PAYMENT TERMS: Reservation 10.000 (20.000 for penthouses) / Private Purchase Contract 20 days after reservation with payment of 40% + VAT for EU-residents (50% + VAT for non-EU-residents) / The remaining amount + VAT upon completion and handover at the public notary. THE AREA: Walking distance from these new homes to the train station in Carvajal, linking Malaga city with Fuengirola. La Reserva del Higueron has a proven track record for both great lifestyle and exceptional investments.
UNDER CONSTRUCTION - you move in December 2024 (phase 1), February 2025 (phase 2). 60 new spectacular luxury apartments & penthouses, all with sea views. Situated in La Reserva del Higueron within 10 minutes walking distance of the sandy beaches in Carvajal, Along the beach runs the beachfront promenade stretching 9 km along the full length of Fuengirola. Along the whole length of the beach are plenty of typical restaurants. PRICES 2 beds from 545,000 / 3 beds from 665,000. PRICES 2 BEDS PENTHOUSES FROM 795,000. Included in the price are 2 parking spaces + 1 storeroom for each unit in the underground garage. Designed by renowned architects Gonzales & Jakobson. SPECS include aero-thermal system for air-conditioning hot & cold and under floor heating throughout, built-in wardrobes in bedrooms, fully fitted kitchen with refrigerator, induction hob, extractor, oven, dishwasher, microwave and washing machine in the utility area. Porcelain floors. All units enjoy large terraces of minimum 31m2, most units substantially larger. THE COMPLEX will be fully gated with heated swimming pool, fitness, Jazucci and co-working area. PAYMENT TERMS: Reservation 10.000 (20.000 for penthouses) / Private Purchase Contract 20 days after reservation with payment of 40% + VAT for EU-residents (50% + VAT for non-EU-residents) / The remaining amount + VAT upon completion and handover at the public notary. THE AREA: Walking distance from these new homes to the train station in Carvajal, linking Malaga city with Fuengirola. La Reserva del Higueron has a proven track record for both great lifestyle and exceptional investments.
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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 €545,000 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 |
|---|---|---|---|
| €545,000 | £451,429 | £468,400 | £16,971 |
| Property Price € | €545,000 |
| Minimum cost in the last six months | £451,429 |
| Maximum cost in the last six months | £468,400 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,971 |
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 €545,000 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 |
|---|---|---|---|
| €545,000 | £451,429 | £468,400 | £16,971 |
| Property Price € | €545,000 |
| Minimum cost in the last six months | £451,429 |
| Maximum cost in the last six months | £468,400 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,971 |
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 £16,971 more.
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