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House - Detached Villa
Benalmadena, Malaga, Spain
REF: 890534
€980,000
Description
Unique Opportunity!! Off plan project in Benalmadena, rare opportunity to find an empty plot in this established area The property will be distributed over 3 levels as follows: Entrance level ( ground floor ) Lounge and dining area of 35,8 m2 which leads on to a large covered terrace of 35 m2 that could be enclosed with glass curtains to make this a large living space ( amazing views ) Open plan kitchen of 10,36 m2 , 1 bathroom and 1 bedroom Second floor: Consists of 2 bedrooms and 2 bathrooms, both of them have direct access to a terrace of 40 m2, master bedroom with walking wardrobe Basement of 41 m2 with natural light where you can have extra bedrooms after obtaining the LPO or this could be used as a gym, cinema room etc. Another terrace of 34 m2 and access to the pool area
Unique Opportunity!! Off plan project in Benalmadena, rare opportunity to find an empty plot in this established area The property will be distributed over 3 levels as follows: Entrance level ( ground floor ) Lounge and dining area of 35,8 m2 which leads on to a large covered terrace of 35 m2 that could be enclosed with glass curtains to make this a large living space ( amazing views ) Open plan kitchen of 10,36 m2 , 1 bathroom and 1 bedroom Second floor: Consists of 2 bedrooms and 2 bathrooms, both of them have direct access to a terrace of 40 m2, master bedroom with walking wardrobe Basement of 41 m2 with natural light where you can have extra bedrooms after obtaining the LPO or this could be used as a gym, cinema room etc. Another terrace of 34 m2 and access to the pool area
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Currency Exchange
Benalmadena, 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 €980,000 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 |
|---|---|---|---|
| €980,000 | £811,744 | £842,261 | £30,517 |
| Property Price € | €980,000 |
| Minimum cost in the last six months | £811,744 |
| Maximum cost in the last six months | £842,261 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,517 |
Benalmadena, 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 €980,000 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 |
|---|---|---|---|
| €980,000 | £811,744 | £842,261 | £30,517 |
| Property Price € | €980,000 |
| Minimum cost in the last six months | £811,744 |
| Maximum cost in the last six months | £842,261 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,517 |
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 £30,517 more.
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