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1 Bedroom Apartment Marbella East
Marbella East, Spain
REF: 864745
€495,000
Description
This beachfront studio offers unparalleled sea views. A double-size terrace offers plenty of opportunity to enjoy the fantastic weather in Marbella. The community is well run, has several communal pools as well as play areas. It has an LPO/touristic license and also has fantastic rental income, ideally suited for any investor. An office is rented [ ] This beachfront studio offers unparalleled sea views. A double-size terrace offers plenty of opportunity to enjoy the fantastic weather in Marbella. The community is well run, has several communal pools as well as play areas. It has an LPO/touristic license and also has fantastic rental income, ideally suited for any investor. An office is rented from the community at 1200 per year which is connected to the studio itself, which can be taken over. It offers the owner of the apartment the opportunity to turn the studio into a 1 bedroom apartment at an extremely low price, but it cannot be sub-rented out.
This beachfront studio offers unparalleled sea views. A double-size terrace offers plenty of opportunity to enjoy the fantastic weather in Marbella. The community is well run, has several communal pools as well as play areas. It has an LPO/touristic license and also has fantastic rental income, ideally suited for any investor. An office is rented [ ] This beachfront studio offers unparalleled sea views. A double-size terrace offers plenty of opportunity to enjoy the fantastic weather in Marbella. The community is well run, has several communal pools as well as play areas. It has an LPO/touristic license and also has fantastic rental income, ideally suited for any investor. An office is rented from the community at 1200 per year which is connected to the studio itself, which can be taken over. It offers the owner of the apartment the opportunity to turn the studio into a 1 bedroom apartment at an extremely low price, but it cannot be sub-rented out.
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Currency Exchange
Marbella East, 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 €495,000 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 |
|---|---|---|---|
| €495,000 | £410,013 | £425,428 | £15,414 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £410,013 |
| Maximum cost in the last six months | £425,428 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,414 |
Marbella East, 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 €495,000 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 |
|---|---|---|---|
| €495,000 | £410,013 | £425,428 | £15,414 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £410,013 |
| Maximum cost in the last six months | £425,428 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,414 |
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 £15,414 more.
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