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Apartment in La Reserva de los Monteros
La Reserva de los Monteros, Spain
REF: 880754
€1,100,000
Description
Nice apartment of 212 meters in a luxurious front line beach urbanization, Los Monteros Palm Beach, only 5 minutes drive from Marbella town. Facing one of the best beaches in the municipality and with a new promenade that connects to Marbella. The property is south facing, with a large terrace of 42 meters with total privacy due to its location within the building and is in excellent condition. It comprises an entrance hall, a large living-dining room with fireplace and access to the terrace, three large bedrooms with en suite bathrooms (the master with hydro-massage bath), a guest toilet and spacious kitchen with breakfast area and laundry room. The property has electric shutters, underfloor heating in the bathrooms and A/C hot and cold. It also includes two parking spaces and a storeroom. The community facilities are spacious, with large manicured gardens, two swimming pools and 24 hour security. From here you have everything at hand, direct access to the best beaches on the Costa del Sol, next to the prestigious Rio Real golf course and the well-known Trocadero Arena restaurant; the centre of Marbella is only 3 kilometres away, the Cañada shopping centre less than five minutes away and 5-star hotels less than a kilometre away. All kinds of shops, supermarkets, restaurants and schools nearby.
Nice apartment of 212 meters in a luxurious front line beach urbanization, Los Monteros Palm Beach, only 5 minutes drive from Marbella town. Facing one of the best beaches in the municipality and with a new promenade that connects to Marbella. The property is south facing, with a large terrace of 42 meters with total privacy due to its location within the building and is in excellent condition. It comprises an entrance hall, a large living-dining room with fireplace and access to the terrace, three large bedrooms with en suite bathrooms (the master with hydro-massage bath), a guest toilet and spacious kitchen with breakfast area and laundry room. The property has electric shutters, underfloor heating in the bathrooms and A/C hot and cold. It also includes two parking spaces and a storeroom. The community facilities are spacious, with large manicured gardens, two swimming pools and 24 hour security. From here you have everything at hand, direct access to the best beaches on the Costa del Sol, next to the prestigious Rio Real golf course and the well-known Trocadero Arena restaurant; the centre of Marbella is only 3 kilometres away, the Cañada shopping centre less than five minutes away and 5-star hotels less than a kilometre away. All kinds of shops, supermarkets, restaurants and schools nearby.
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Currency Exchange
La Reserva de los Monteros, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £906,290 | £945,395 | £39,105 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £906,290 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,105 |
La Reserva de los Monteros, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £906,290 | £945,395 | £39,105 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £906,290 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,105 |
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 £39,105 more.
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