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This charming 1-bedroom apartment, located on the top floor of a building in the heart of San Pedro Town, offers breathtaking 180-degree views of the Mediterranean Sea
San Pedro de Alcantara, Malaga, Spain
REF: 892280
€210,000
Description
This charming 1-bedroom apartment, located on the top floor of a building in the heart of San Pedro Town, offers breathtaking 180-degree views of the Mediterranean Sea. With its prime location, you're just a short walk away from the beach and within close proximity to both Puerto Banús and Marbella. The area is rich in amenities, with shops, restaurants, and services all around, making it a convenient and lively place to live. Perfect for those looking to move in and enjoy the vibrant lifestyle of San Pedro, this apartment also presents a fantastic investment opportunity, as the community allows for short-term rentals. Additionally, the building comes with a pre-installation for gas, which adds to the long-term convenience and comfort of the home. With a remarkably low annual community fee of just 20.22, this property stands out as a cost-effective option. The community also permits the addition of a small balcony to the living room, offering the potential to further enhance the space. The loft-style design of the apartment allows for complete customization, giving new owners the freedom to redesign and refurbish it to their taste.
This charming 1-bedroom apartment, located on the top floor of a building in the heart of San Pedro Town, offers breathtaking 180-degree views of the Mediterranean Sea. With its prime location, you're just a short walk away from the beach and within close proximity to both Puerto Banús and Marbella. The area is rich in amenities, with shops, restaurants, and services all around, making it a convenient and lively place to live. Perfect for those looking to move in and enjoy the vibrant lifestyle of San Pedro, this apartment also presents a fantastic investment opportunity, as the community allows for short-term rentals. Additionally, the building comes with a pre-installation for gas, which adds to the long-term convenience and comfort of the home. With a remarkably low annual community fee of just 20.22, this property stands out as a cost-effective option. The community also permits the addition of a small balcony to the living room, offering the potential to further enhance the space. The loft-style design of the apartment allows for complete customization, giving new owners the freedom to redesign and refurbish it to their taste.
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Currency Exchange
San Pedro de Alcantara, 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 €210,000 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 |
|---|---|---|---|
| €210,000 | £173,945 | £180,485 | £6,539 |
| Property Price € | €210,000 |
| Minimum cost in the last six months | £173,945 |
| Maximum cost in the last six months | £180,485 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,539 |
San Pedro de Alcantara, 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 €210,000 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 |
|---|---|---|---|
| €210,000 | £173,945 | £180,485 | £6,539 |
| Property Price € | €210,000 |
| Minimum cost in the last six months | £173,945 |
| Maximum cost in the last six months | £180,485 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,539 |
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 £6,539 more.
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