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1 Bedroom apartment Puerto Banus
Puerto Banús, Spain
REF: 870423
€480,000
Description
Prime Investment Opportunity in Puerto Banús This one-bedroom, one-bathroom apartment is an excellent investment for refurbishing and resale or for use as a holiday rental in a highly desirable area. Located in a quiet yet central residential neighborhood. The apartment features a cozy living room with direct access to a covered terrace, which can be [ ] Prime Investment Opportunity in Puerto Banús This one-bedroom, one-bathroom apartment is an excellent investment for refurbishing and resale or for use as a holiday rental in a highly desirable area. Located in a quiet yet central residential neighborhood. The apartment features a cozy living room with direct access to a covered terrace, which can be enclosed with glass windows to create an extended living space. The bedroom also has direct access to the terrace. The property offers stunning panoramic views of the mountains and the sea. Bathroom is tiled in marble and comes with a bathtub. The property includes underground parking and is part of the prestigious Medina Gardens complex, just a one-minute walk from the beach and the renowned Ocean Club. The famous Puerto Banús marina, with all its luxury amenities, is only a five-minute walk away. Residents of Medina Gardens enjoy access to swimming pools, a paddle tennis court, and 24/7 concierge service. This is a rare chance to invest in a property with great potential in one of the best locations on the Costa del Sol!
Prime Investment Opportunity in Puerto Banús This one-bedroom, one-bathroom apartment is an excellent investment for refurbishing and resale or for use as a holiday rental in a highly desirable area. Located in a quiet yet central residential neighborhood. The apartment features a cozy living room with direct access to a covered terrace, which can be [ ] Prime Investment Opportunity in Puerto Banús This one-bedroom, one-bathroom apartment is an excellent investment for refurbishing and resale or for use as a holiday rental in a highly desirable area. Located in a quiet yet central residential neighborhood. The apartment features a cozy living room with direct access to a covered terrace, which can be enclosed with glass windows to create an extended living space. The bedroom also has direct access to the terrace. The property offers stunning panoramic views of the mountains and the sea. Bathroom is tiled in marble and comes with a bathtub. The property includes underground parking and is part of the prestigious Medina Gardens complex, just a one-minute walk from the beach and the renowned Ocean Club. The famous Puerto Banús marina, with all its luxury amenities, is only a five-minute walk away. Residents of Medina Gardens enjoy access to swimming pools, a paddle tennis court, and 24/7 concierge service. This is a rare chance to invest in a property with great potential in one of the best locations on the Costa del Sol!
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Currency Exchange
Puerto Banús, 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 €480,000 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 |
|---|---|---|---|
| €480,000 | £397,589 | £412,536 | £14,947 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £397,589 |
| Maximum cost in the last six months | £412,536 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,947 |
Puerto Banús, 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 €480,000 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 |
|---|---|---|---|
| €480,000 | £397,589 | £412,536 | £14,947 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £397,589 |
| Maximum cost in the last six months | £412,536 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,947 |
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 £14,947 more.
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