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2 Bedroom Ground Floor Apartment Nueva Andalucía
Nueva Andalucía, Spain
REF: 864779
€379,000
Description
Investment Opportunity! This well-positioned two bedroom ground floor unit located in the popular development of Aloha Gardens in Nueva Andalucia. The apartment is in original condition so therefore could benefit with some updating. The apartment has a good-sized kitchen, spacious lounge / dining area leading out onto the south facing covered terrace and garden area, [ ] Investment Opportunity! This well-positioned two bedroom ground floor unit located in the popular development of Aloha Gardens in Nueva Andalucia. The apartment is in original condition so therefore could benefit with some updating. The apartment has a good-sized kitchen, spacious lounge / dining area leading out onto the south facing covered terrace and garden area, guest bedroom with bathroom and master bedroom with ensuite bathroom. There is one garage space included in the price. The community has beautiful communal gardens and 3 swimming pools, one of which is heated and 24-hour security. In the area of Aloha Gardens, you'll find several restaurants, bars as well as supermarkets and other amenities. The complex has LPO in place and the community allows short term rentals ( approved in the last agm). Perfect property for a combo of investment and private usage.
Investment Opportunity! This well-positioned two bedroom ground floor unit located in the popular development of Aloha Gardens in Nueva Andalucia. The apartment is in original condition so therefore could benefit with some updating. The apartment has a good-sized kitchen, spacious lounge / dining area leading out onto the south facing covered terrace and garden area, [ ] Investment Opportunity! This well-positioned two bedroom ground floor unit located in the popular development of Aloha Gardens in Nueva Andalucia. The apartment is in original condition so therefore could benefit with some updating. The apartment has a good-sized kitchen, spacious lounge / dining area leading out onto the south facing covered terrace and garden area, guest bedroom with bathroom and master bedroom with ensuite bathroom. There is one garage space included in the price. The community has beautiful communal gardens and 3 swimming pools, one of which is heated and 24-hour security. In the area of Aloha Gardens, you'll find several restaurants, bars as well as supermarkets and other amenities. The complex has LPO in place and the community allows short term rentals ( approved in the last agm). Perfect property for a combo of investment and private usage.
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Currency Exchange
Nueva Andalucía, 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 €379,000 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 |
|---|---|---|---|
| €379,000 | £315,283 | £326,910 | £11,628 |
| Property Price € | €379,000 |
| Minimum cost in the last six months | £315,283 |
| Maximum cost in the last six months | £326,910 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,628 |
Nueva Andalucía, 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 €379,000 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 |
|---|---|---|---|
| €379,000 | £315,283 | £326,910 | £11,628 |
| Property Price € | €379,000 |
| Minimum cost in the last six months | £315,283 |
| Maximum cost in the last six months | £326,910 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,628 |
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 £11,628 more.
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