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Apartment - Penthouse
Nueva Andalucia, Malaga, Spain
REF: 860113
€1,200,000
Description
An immense terrace overlooking La Concha and the Mediterranean defines this well-located penthouse in a gated community of Nueva Andalucía. A comfortable balcony with mountain sights serves as the entryway to the main door. Beyond, light and space abound. A sleek open-plan kitchen by Ballingslöv integrates with the living room warmed by a floor-to-ceiling electric fireplace.Top-notch materials in a neutral palette create an elegant yet functional ambience. Oak wood cabinets with minimalist doors fuse with the kitchen walls, while a large island in porcelain stoneware offers an inviting gathering spot. Immense windows open onto the 70-square-meter terrace, featuring stunning views and a covered pergola. Adjacent to the terrace, the master bedroom boasts minimalist decor, an ample bespoke walk-in closet, and a comfortable bathroom with double sinks and a large shower area. The penthouse includes two additional bedrooms fitted with custom furniture and generous storage space, sharing a spacious full bathroom. Strategically positioned just a short stroll from Centro Plaza and vibrant Puerto Banús, this property ensures year-round comfort with central AC and underfloor heating in the restrooms. It also includes a parking space within the community, which offers a communal pool for relaxing on days when the beach isn't calling.
An immense terrace overlooking La Concha and the Mediterranean defines this well-located penthouse in a gated community of Nueva Andalucía. A comfortable balcony with mountain sights serves as the entryway to the main door. Beyond, light and space abound. A sleek open-plan kitchen by Ballingslöv integrates with the living room warmed by a floor-to-ceiling electric fireplace.Top-notch materials in a neutral palette create an elegant yet functional ambience. Oak wood cabinets with minimalist doors fuse with the kitchen walls, while a large island in porcelain stoneware offers an inviting gathering spot. Immense windows open onto the 70-square-meter terrace, featuring stunning views and a covered pergola. Adjacent to the terrace, the master bedroom boasts minimalist decor, an ample bespoke walk-in closet, and a comfortable bathroom with double sinks and a large shower area. The penthouse includes two additional bedrooms fitted with custom furniture and generous storage space, sharing a spacious full bathroom. Strategically positioned just a short stroll from Centro Plaza and vibrant Puerto Banús, this property ensures year-round comfort with central AC and underfloor heating in the restrooms. It also includes a parking space within the community, which offers a communal pool for relaxing on days when the beach isn't calling.
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Currency Exchange
Nueva Andalucia, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £998,256 | £1,033,692 | £35,436 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £998,256 |
| Maximum cost in the last six months | £1,033,692 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,436 |
Nueva Andalucia, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £998,256 | £1,033,692 | £35,436 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £998,256 |
| Maximum cost in the last six months | £1,033,692 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,436 |
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 £35,436 more.
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