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2 Bedroom Penthouse The Golden Mile
The Golden Mile, Spain
REF: 864762
€650,000
Description
This penthouse apartment is located in Las Lomas del Marbella Club in a prestigious urbanization with well kept communal gardens, 3 swimming pools, one of them heated in spring and 24 hour concierge/security service. The apartment consists of an entrance hall, from which stairs lead to the first floor which comprises of a comfortable living [ ] This penthouse apartment is located in Las Lomas del Marbella Club in a prestigious urbanization with well kept communal gardens, 3 swimming pools, one of them heated in spring and 24 hour concierge/security service. The apartment consists of an entrance hall, from which stairs lead to the first floor which comprises of a comfortable living room with dining area, a fully fitted kitchen, two bedrooms and two en suite bathrooms all refurbished to the highest standards and in very good taste. From the living room and the master bedroom there is access to the south and east facing terrace with beautiful panoramic views to the mountains and garden of the urbanization, ideal for a wonderful and comfortable holiday at 5 minutes from Puente Romano and the best services of Marbella. A large parking space and a storage room are included in the price. Investors should abstain as holiday rentals are no longer allowed by the community statutes.
This penthouse apartment is located in Las Lomas del Marbella Club in a prestigious urbanization with well kept communal gardens, 3 swimming pools, one of them heated in spring and 24 hour concierge/security service. The apartment consists of an entrance hall, from which stairs lead to the first floor which comprises of a comfortable living [ ] This penthouse apartment is located in Las Lomas del Marbella Club in a prestigious urbanization with well kept communal gardens, 3 swimming pools, one of them heated in spring and 24 hour concierge/security service. The apartment consists of an entrance hall, from which stairs lead to the first floor which comprises of a comfortable living room with dining area, a fully fitted kitchen, two bedrooms and two en suite bathrooms all refurbished to the highest standards and in very good taste. From the living room and the master bedroom there is access to the south and east facing terrace with beautiful panoramic views to the mountains and garden of the urbanization, ideal for a wonderful and comfortable holiday at 5 minutes from Puente Romano and the best services of Marbella. A large parking space and a storage room are included in the price. Investors should abstain as holiday rentals are no longer allowed by the community statutes.
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Currency Exchange
The Golden Mile, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
The Golden Mile, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
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 £20,241 more.
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