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Brand new villa south facing, in a very central position of Nueva Andalucia within walking distance to the beach and to supermarket and restaurants
Nueva Andalucia, Malaga, Spain
REF: 894206
€1,595,000
Description
Brand new villa south facing, in a very central position of Nueva Andalucia within walking distance to the beach and to supermarket and restaurants. Set in a small dead end street, built with a large basement and with sea views from the upper level. The villa is a contemporary modern design with large top quality black aluminium frame windows from floor to ceiling. The ground floor is built around the pool area with it's terrace and large windows giving a lot of light to the house. The kitchen is an open plan area with dining area and living room alongside, both opening out to a terrace beside the swimming pool. On the ground floor there is one bedroom en suite. On the top floor there are two bedroom suites with large terrace areas and views. The basement is planned to have a spa, sauna, wine-cellar, gym or cinema room. On this level there is also a fourth bedroom and bathroom, and a WC, laundry room and machine room. The villa shall be equipped with air-conditioning throughout run by a heat pump. The windows have double glaze glass with insulation for sound and sun. Top class marble is on the outside and there shall be fitted wardrobes. On site parking for two cars. The price of 1.595.000 is for the villa in it's present state which is unfinished pending on the interior to be finished. There is a quote of approximately 450.000 plus VAT of 10% to nish the villa completely. However, this quote will need to be revised with today's prices for materials. License and architect are in place so the construction can continue immediately
Brand new villa south facing, in a very central position of Nueva Andalucia within walking distance to the beach and to supermarket and restaurants. Set in a small dead end street, built with a large basement and with sea views from the upper level. The villa is a contemporary modern design with large top quality black aluminium frame windows from floor to ceiling. The ground floor is built around the pool area with it's terrace and large windows giving a lot of light to the house. The kitchen is an open plan area with dining area and living room alongside, both opening out to a terrace beside the swimming pool. On the ground floor there is one bedroom en suite. On the top floor there are two bedroom suites with large terrace areas and views. The basement is planned to have a spa, sauna, wine-cellar, gym or cinema room. On this level there is also a fourth bedroom and bathroom, and a WC, laundry room and machine room. The villa shall be equipped with air-conditioning throughout run by a heat pump. The windows have double glaze glass with insulation for sound and sun. Top class marble is on the outside and there shall be fitted wardrobes. On site parking for two cars. The price of 1.595.000 is for the villa in it's present state which is unfinished pending on the interior to be finished. There is a quote of approximately 450.000 plus VAT of 10% to nish the villa completely. However, this quote will need to be revised with today's prices for materials. License and architect are in place so the construction can continue immediately
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Currency Exchange
Nueva Andalucia, 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 €1,595,000 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 |
|---|---|---|---|
| €1,595,000 | £1,326,849 | £1,373,949 | £47,100 |
| Property Price € | €1,595,000 |
| Minimum cost in the last six months | £1,326,849 |
| Maximum cost in the last six months | £1,373,949 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £47,100 |
Nueva Andalucia, 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 €1,595,000 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 |
|---|---|---|---|
| €1,595,000 | £1,326,849 | £1,373,949 | £47,100 |
| Property Price € | €1,595,000 |
| Minimum cost in the last six months | £1,326,849 |
| Maximum cost in the last six months | £1,373,949 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £47,100 |
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 £47,100 more.
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