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INVESTMENT OPPORTUNITY Detached villa located within 5 minutes drive to the beachfront of Fuengirola with beautiful sea views Some modernisation would be required in particular the bathrooms and independent apartment
Mijas, Malaga, Spain
REF: 853960
€699,000
Description
INVESTMENT OPPORTUNITY Detached villa located within 5 minutes drive to the beachfront of Fuengirola with beautiful sea views Some modernisation would be required in particular the bathrooms and independent apartment. You enter the property on the main level where you have a new kitchen diner with access to the front terrace, large lounge area again with access to front terrace, en suite bedroom with terrace. all of these rooms have lovely sea views, upstairs there are 2 large double bedrooms with terraces and family bathroom. there is a private pool and seating area outside which leads down to the private garden, from the garden with completely independent access is a 2 bedroom apartment with kitchen, lounge, bathroom. this will need some modernising, the villa benefits from Air-conditioning Detached Villa, Mijas, Costa del Sol. 5 Bedrooms, 3 Bathrooms, Built 334 m , Terrace 30 m , Garden/Plot 600 m . Setting : Suburban, Close To Shops. Orientation : South, South West. Condition : Fair. Pool : Private. Views : Sea. Features : Covered Terrace, Fitted Wardrobes, Private Terrace, WiFi, Guest Apartment, Ensuite Bathroom, Marble Flooring, Basement. Garden : Private. Security : Entry Phone. Parking : Private. Utilities : Electricity. Air-conditioning Category : Bargain, Investment.
INVESTMENT OPPORTUNITY Detached villa located within 5 minutes drive to the beachfront of Fuengirola with beautiful sea views Some modernisation would be required in particular the bathrooms and independent apartment. You enter the property on the main level where you have a new kitchen diner with access to the front terrace, large lounge area again with access to front terrace, en suite bedroom with terrace. all of these rooms have lovely sea views, upstairs there are 2 large double bedrooms with terraces and family bathroom. there is a private pool and seating area outside which leads down to the private garden, from the garden with completely independent access is a 2 bedroom apartment with kitchen, lounge, bathroom. this will need some modernising, the villa benefits from Air-conditioning Detached Villa, Mijas, Costa del Sol. 5 Bedrooms, 3 Bathrooms, Built 334 m , Terrace 30 m , Garden/Plot 600 m . Setting : Suburban, Close To Shops. Orientation : South, South West. Condition : Fair. Pool : Private. Views : Sea. Features : Covered Terrace, Fitted Wardrobes, Private Terrace, WiFi, Guest Apartment, Ensuite Bathroom, Marble Flooring, Basement. Garden : Private. Security : Entry Phone. Parking : Private. Utilities : Electricity. Air-conditioning Category : Bargain, Investment.
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Currency Exchange
Mijas, 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 €699,000 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 |
|---|---|---|---|
| €699,000 | £578,989 | £600,756 | £21,767 |
| Property Price € | €699,000 |
| Minimum cost in the last six months | £578,989 |
| Maximum cost in the last six months | £600,756 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,767 |
Mijas, 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 €699,000 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 |
|---|---|---|---|
| €699,000 | £578,989 | £600,756 | £21,767 |
| Property Price € | €699,000 |
| Minimum cost in the last six months | £578,989 |
| Maximum cost in the last six months | £600,756 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,767 |
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 £21,767 more.
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