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Apartment in La Reserva de Marbella
La Reserva de Marbella, Spain
REF: 864987
€280,000
Description
2 bedroom apartment recently renovated, located in a nice gated community, east of the city with excellent common areas and beautiful swimming pools. Quiet and well connected area, just five minutes from one of the best beach areas of the coast. There are several shopping and leisure centers in the vicinity, offering all kinds of services, such as the shopping center of Elviria or Calahonda. The port of Cabopino and the protected dunes of Artola are close by. There are also several golf courses in the area and public and private schools. It is 15 minutes from Marbella center or La Cala de Mijas, and half an hour from Malaga where we have the AVE, the international airport, cruise terminal and a varied cultural offer.
2 bedroom apartment recently renovated, located in a nice gated community, east of the city with excellent common areas and beautiful swimming pools. Quiet and well connected area, just five minutes from one of the best beach areas of the coast. There are several shopping and leisure centers in the vicinity, offering all kinds of services, such as the shopping center of Elviria or Calahonda. The port of Cabopino and the protected dunes of Artola are close by. There are also several golf courses in the area and public and private schools. It is 15 minutes from Marbella center or La Cala de Mijas, and half an hour from Malaga where we have the AVE, the international airport, cruise terminal and a varied cultural offer.
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Currency Exchange
La Reserva de Marbella, 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 €280,000 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 |
|---|---|---|---|
| €280,000 | £231,927 | £240,646 | £8,719 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £231,927 |
| Maximum cost in the last six months | £240,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,719 |
La Reserva de Marbella, 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 €280,000 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 |
|---|---|---|---|
| €280,000 | £231,927 | £240,646 | £8,719 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £231,927 |
| Maximum cost in the last six months | £240,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,719 |
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 £8,719 more.
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