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Plot - Residential
Nueva Andalucia, Malaga, Spain
REF: 864114
€5,250,000
Description
Last Largest Plot Available in the prestigious community of Atalaya de Rio Verde!!! Within walking distance to Puerto Banus, this substantial 3,607m plot offers an extraordinary opportunity. With a total buildable area of 1,878m . (Not including Terraces, Porches, ect) The plot comes with an Approved License and Project from the city hall, included in the asking price, by one of Marbella's renowned architect. Can start Construction Tomorrow! Enjoy breathtaking Sea views from ground level all the way up, making this an ideal location for a luxurious residence. The package includes architectural designs ensuring a sophisticated and stylish development. This is a unique chance to Build a Dream home on a Large Plot in one of Marbella's Most sought-after Locations, Combining.
Last Largest Plot Available in the prestigious community of Atalaya de Rio Verde!!! Within walking distance to Puerto Banus, this substantial 3,607m plot offers an extraordinary opportunity. With a total buildable area of 1,878m . (Not including Terraces, Porches, ect) The plot comes with an Approved License and Project from the city hall, included in the asking price, by one of Marbella's renowned architect. Can start Construction Tomorrow! Enjoy breathtaking Sea views from ground level all the way up, making this an ideal location for a luxurious residence. The package includes architectural designs ensuring a sophisticated and stylish development. This is a unique chance to Build a Dream home on a Large Plot in one of Marbella's Most sought-after Locations, Combining.
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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 €5,250,000 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 |
|---|---|---|---|
| €5,250,000 | £4,348,628 | £4,512,113 | £163,485 |
| Property Price € | €5,250,000 |
| Minimum cost in the last six months | £4,348,628 |
| Maximum cost in the last six months | £4,512,113 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £163,485 |
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 €5,250,000 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 |
|---|---|---|---|
| €5,250,000 | £4,348,628 | £4,512,113 | £163,485 |
| Property Price € | €5,250,000 |
| Minimum cost in the last six months | £4,348,628 |
| Maximum cost in the last six months | £4,512,113 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £163,485 |
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 £163,485 more.
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