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Investment opportunity, Urb La Cantera, 4 bedrooms, 4 bathrooms, villa on a very large plot, within walking distance to Marbella s charming oldtown
Marbella, Malaga, Spain, 29602
REF: 886694
€1,450,000
Description
This villa, set on a 2,581 m plot with a private driveway and two electric gates, offers a fantastic renovation opportunity. Built around 60 years ago, the property features a classic Andalusian style with covered terraces and traditional architectural elements. The villa includes 4 large bedrooms, 4 full bathrooms, a guest toilet, a spacious living room, and a separate dining room. There's also potential to create a separate apartment spread over two floors. Located in the La Cantera urbanization, just a 5-minute walk from Marbella's main bus station, this property is conveniently connected to Málaga and Gibraltar airports and other major destinations. It s a 10-minute drive to Marbella Hospital, 5 minutes to La Cañada shopping center, and 15 minutes from Marbella s old town. The villa is situated in a quiet and secure residential area close to supermarkets, cafes, restaurants, sports centers, and golf courses. It also offers unobstructed views and is just a 10-minute drive from the beach. This is a rare investment opportunity in a prime area of Marbella.
This villa, set on a 2,581 m plot with a private driveway and two electric gates, offers a fantastic renovation opportunity. Built around 60 years ago, the property features a classic Andalusian style with covered terraces and traditional architectural elements. The villa includes 4 large bedrooms, 4 full bathrooms, a guest toilet, a spacious living room, and a separate dining room. There's also potential to create a separate apartment spread over two floors. Located in the La Cantera urbanization, just a 5-minute walk from Marbella's main bus station, this property is conveniently connected to Málaga and Gibraltar airports and other major destinations. It s a 10-minute drive to Marbella Hospital, 5 minutes to La Cañada shopping center, and 15 minutes from Marbella s old town. The villa is situated in a quiet and secure residential area close to supermarkets, cafes, restaurants, sports centers, and golf courses. It also offers unobstructed views and is just a 10-minute drive from the beach. This is a rare investment opportunity in a prime area of Marbella.
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Currency Exchange
Marbella, Malaga, Spain, 29602
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 €1,450,000 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 |
|---|---|---|---|
| €1,450,000 | £1,194,655 | £1,246,203 | £51,548 |
| Property Price € | €1,450,000 |
| Minimum cost in the last six months | £1,194,655 |
| Maximum cost in the last six months | £1,246,203 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £51,548 |
Marbella, Malaga, Spain, 29602
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 €1,450,000 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 |
|---|---|---|---|
| €1,450,000 | £1,194,655 | £1,246,203 | £51,548 |
| Property Price € | €1,450,000 |
| Minimum cost in the last six months | £1,194,655 |
| Maximum cost in the last six months | £1,246,203 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £51,548 |
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 £51,548 more.
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