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This apartment, located in the heart of the city, offers an excellent investment opportunity thanks to its notable rental potential
Fuengirola, Malaga, Spain
REF: 890193
€230,000
Description
This apartment, located in the heart of the city, offers an excellent investment opportunity thanks to its notable rental potential. Facing south and west, it provides attractive views of the city. The property, which is in fairly good condition and has been recently renovated, has an equipped kitchen and a living room with dining room, ideal for contemporary living. Although it does not have parking, its location allows quick access to main roads and is within walking distance of the beach, restaurants, shops and entertainment areas. In addition, it is close to schools and churches, which adds value to its appeal. With automatic entry and alarm system, security and comfort are guaranteed, making this apartment an easy and highly desirable option to rent. IT DOES NOT HAVE AN ELEVATOR OR TERRACE. BUT IT IS A FIRST FLOOR Apartment, Town Centre, Equipped Kitchen, Parking: None, Facing: South and West Views: City Features: Alarm System, Automatic Entrance, Close to all Amenities, Close to schools, Condition - Fairly Good, Easy Renting, Good Rental Potential, Good Road Access, Investment Property, Living room with dining area, Near Church, Renovated, Very Good Access, Walking distance to beach, Walking distance to rest., Walking distance to shops, Walking distance to t. centre
This apartment, located in the heart of the city, offers an excellent investment opportunity thanks to its notable rental potential. Facing south and west, it provides attractive views of the city. The property, which is in fairly good condition and has been recently renovated, has an equipped kitchen and a living room with dining room, ideal for contemporary living. Although it does not have parking, its location allows quick access to main roads and is within walking distance of the beach, restaurants, shops and entertainment areas. In addition, it is close to schools and churches, which adds value to its appeal. With automatic entry and alarm system, security and comfort are guaranteed, making this apartment an easy and highly desirable option to rent. IT DOES NOT HAVE AN ELEVATOR OR TERRACE. BUT IT IS A FIRST FLOOR Apartment, Town Centre, Equipped Kitchen, Parking: None, Facing: South and West Views: City Features: Alarm System, Automatic Entrance, Close to all Amenities, Close to schools, Condition - Fairly Good, Easy Renting, Good Rental Potential, Good Road Access, Investment Property, Living room with dining area, Near Church, Renovated, Very Good Access, Walking distance to beach, Walking distance to rest., Walking distance to shops, Walking distance to t. centre
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Currency Exchange
Fuengirola, Malaga, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £191,528 | £198,389 | £6,861 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £191,528 |
| Maximum cost in the last six months | £198,389 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,861 |
Fuengirola, Malaga, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £191,528 | £198,389 | £6,861 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £191,528 |
| Maximum cost in the last six months | £198,389 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,861 |
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 £6,861 more.
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