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Marbella, Malaga, Spain
REF: 846656
€1,150,000
Description
Large family home with many possibilities, very bright and with large rooms situated in a fantastic location, El Mirador, a residential area of Marbella within walking distance to the town centre, but quiet and private. Approximately 1Km from the centre, the property has amenities such as supermarkets, schools and sports centres within walking distance. The property is set on a large flat plot of almost 1000m2, very well distributed taking advantage of the spacious and bright spaces, practically all the rooms are exterior. Due to its south orientation and elevated position, it enjoys beautiful views to the sea from the solarium and to the mountains. On the main floor we find a spacious living room with fireplace, dining room or sitting room, kitchen, bathroom, study/library, and large bedroom with en suite bathroom outside, on the first floor four large bedrooms with dressing area, en suite bathrooms outside and two of them with access to the terrace and stairs leading up to a solarium with fantastic sea views. Large garage and flat with independent access, which is distributed as follows: entrance, kitchen, living room, bedroom and storage area. Nice tropical and mature garden, well maintained, with swimming pool, barbecue and chillout area. Undoubtedly a unique opportunity to invest in a great location, the property is in need of refurbishment.
Large family home with many possibilities, very bright and with large rooms situated in a fantastic location, El Mirador, a residential area of Marbella within walking distance to the town centre, but quiet and private. Approximately 1Km from the centre, the property has amenities such as supermarkets, schools and sports centres within walking distance. The property is set on a large flat plot of almost 1000m2, very well distributed taking advantage of the spacious and bright spaces, practically all the rooms are exterior. Due to its south orientation and elevated position, it enjoys beautiful views to the sea from the solarium and to the mountains. On the main floor we find a spacious living room with fireplace, dining room or sitting room, kitchen, bathroom, study/library, and large bedroom with en suite bathroom outside, on the first floor four large bedrooms with dressing area, en suite bathrooms outside and two of them with access to the terrace and stairs leading up to a solarium with fantastic sea views. Large garage and flat with independent access, which is distributed as follows: entrance, kitchen, living room, bedroom and storage area. Nice tropical and mature garden, well maintained, with swimming pool, barbecue and chillout area. Undoubtedly a unique opportunity to invest in a great location, the property is in need of refurbishment.
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Currency Exchange
Marbella, 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 €1,150,000 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 |
|---|---|---|---|
| €1,150,000 | £952,557 | £988,977 | £36,421 |
| Property Price € | €1,150,000 |
| Minimum cost in the last six months | £952,557 |
| Maximum cost in the last six months | £988,977 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £36,421 |
Marbella, 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 €1,150,000 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 |
|---|---|---|---|
| €1,150,000 | £952,557 | £988,977 | £36,421 |
| Property Price € | €1,150,000 |
| Minimum cost in the last six months | £952,557 |
| Maximum cost in the last six months | £988,977 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £36,421 |
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 £36,421 more.
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