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Istan, Malaga, Spain
REF: 846784
€586,000
Description
STUNNING MOUNTAIN AND SEA VIEWS!!! This new development encompasses precisely this combination of the best of the mountains and coast on Costa del Sol. Originally the location of an ancient oil mill in the mountains of Sierra de las Nieves, on the slopes of La Concha, close to the Sierra Blanca Country Club resort. This is an an area of exceptional natural beauty with hundred-year-old forests and panoramic views of Marbella Bay and the great Istán reservoir. The new resort comprises apartments and semi-detached homes nestling on the side of the mountain. All the homes have unrestricted views with a south-easterly aspect towards the Marbella Bay and Gibraltar. The homes are delivered fully equipped, with premium brand finishing for kitchens and bathrooms and are ready to move in. They also have an underground parking space and a storeroom. Construction is underway and the homes are expected to be ready during November 2023.
STUNNING MOUNTAIN AND SEA VIEWS!!! This new development encompasses precisely this combination of the best of the mountains and coast on Costa del Sol. Originally the location of an ancient oil mill in the mountains of Sierra de las Nieves, on the slopes of La Concha, close to the Sierra Blanca Country Club resort. This is an an area of exceptional natural beauty with hundred-year-old forests and panoramic views of Marbella Bay and the great Istán reservoir. The new resort comprises apartments and semi-detached homes nestling on the side of the mountain. All the homes have unrestricted views with a south-easterly aspect towards the Marbella Bay and Gibraltar. The homes are delivered fully equipped, with premium brand finishing for kitchens and bathrooms and are ready to move in. They also have an underground parking space and a storeroom. Construction is underway and the homes are expected to be ready during November 2023.
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Currency Exchange
Istan, 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 €586,000 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 |
|---|---|---|---|
| €586,000 | £487,482 | £504,323 | £16,842 |
| Property Price € | €586,000 |
| Minimum cost in the last six months | £487,482 |
| Maximum cost in the last six months | £504,323 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,842 |
Istan, 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 €586,000 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 |
|---|---|---|---|
| €586,000 | £487,482 | £504,323 | £16,842 |
| Property Price € | €586,000 |
| Minimum cost in the last six months | £487,482 |
| Maximum cost in the last six months | £504,323 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,842 |
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 £16,842 more.
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